Stories for November 2019

Friday, November 29

Ace Hotel Sells for $117 Million

The Ace Hotel and Theater Downtown Los Angeles sold for $117 million to an unnamed buyer.

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Cream of the Crop

Natasha Case I Coolhaus

Natasha Case, co-founder and chief executive of Culver City-based Coolhaus, mixes architectural design concepts with branding initiatives and style.

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Multifamily WeHo Site Brings $21 Million

Element fetches second highest price in the city this year

L.A.-based Roka Properties acquired the Element WeHo, a multifamily property in West Hollywood, for $20.6 million.

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Rexford Ramps up Purchases

Company closes three deals for a total of $56 million

Brentwood-based Rexford Industrial Realty Inc. recently closed on three properties for a total of $56.1 million using cash on hand.

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EVGo Expands Leaf Partnership with Nissan

Charging station company, automaker add more perks

Sawtelle-based EVgo Services has expanded its existing relationship with Japanese automaker Nissan Motor Co. Ltd., offering free charges to Nissan drivers at any of its charging locations.

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Bastion Buys Agency db5

Australian company continues LA push

Highland Park-based consumer insights and strategy agency db5 has been purchased by Australian communications group Bastion Collective.

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Sababa Launches Fund

Looks to connect Israeli startups, US companies

Sababa Ventures, which is looking to bring Israeli funding, innovation and expertise to the American market, is raising $35 million for its debut fund.

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LA-Based Companies Are Riding the Wave of Kickstarter Funding

LA is the top city for projects raising money on the crowdfunding platform

Los Angeles has raised more money through Brooklyn, N.Y.-based Kickstarter than any city in the world.

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Frame.io Plans LA Space

Tech: Video firm raises $50M for Hollywood location

New York-based video editing software developer Frame.io Inc. has raised a $50 million Series C round and will use part of the funding to gain a foothold in the L.A. market.

El Segundo Market Sees Additional Investments

Real Estate: Grand Avenue office building sells for $64M

The already hot El Segundo real estate market saw two major investments last week.

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Tri-Cities Thrives Amid Departures

Real Estate: After high-profile losses, office market shows strength heading into 2020

The Tri-Cities office market has seen substantial changes but the market’s overall performance is good. See the top five office sales of the year.

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LABJ INsider

California Streamin'

Read this week's column from Los Angeles Business Journal Editor Scott Robson for goings-on in L.A.'s business community.

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Scrubs Makers Square Off

Apparel: Local brands Figs, SPI face legal fight

Santa Monica-based medical apparel manufacturer Figs is the target of a lawsuit filed in September by one of its biggest competitors, Chatsworth-based Strategic Partners Inc.

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LA Cannabis Deals on Ice

Finance: Regulatory delays chill investments

Cannabis dealmaking in Los Angeles is stuck in a regulatory bottleneck. Approval on cannabis business ownership transfers have been on hold since July, delaying investments.

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Solar Startup Heliogen Looks to Power Plants, Refineries

ENERGY: Company attracts backing of Soon-Shiong, Gates

For decades, solar technology experts have sought to generate electricity. But Pasadena-based Heliogen has a new technology that swaps fossil fuels for solar energy in industrial applications.

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Rising Up: Developer Chris Rising Is Helping to Reshape Downtown

The LABJ Interview

Downtown-based Rising Realty Partners is a huge name in L.A. real estate, especially downtown. He shares insights from his career in this exclusive interview.

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Flint to Step Down as CEO of Los Angeles World Airports

Airports: Agency plans search for replacement

Deborah Flint, chief executive of Los Angeles World Airports, the city agency that runs Los Angeles International and Van Nuys airports, is stepping down in March to take the helm of Toronto’s airport authority.

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Arrowhead Shares Surge on Big Pharma Acquisition, Positive Earnings

Arrowhead Pharmaceuticals shares surged Nov. 25 as investors reacted to positive earnings and news of a major acquisition in the pharma category.

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Wednesday, November 27

El Segundo Office Building Sells for $64 Million

A 151,000-square-foot office building in El Segundo has sold to Steelwave for $63.5 million

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Best Law Firm: State Bar of California Releases Latest Bar Exam Results

Custom Content by the Los Angeles Business Journal

This month the State Bar of California released the results of the July 2019 California Bar Exam, and announced that 3,886 people (50.1 percent of applicants) passed the General Bar Exam, a rebound to the 2017 pass rate.

Best Law Firms: “My LACBA” Mobile App Designed to Make Life Easier for Attorneys

Custom Content by the Los Angeles Business Journal

The Los Angeles County Bar Association (LACBA) has launched its “My LACBA” mobile app, which will enable LACBA members to register for programs and access their account information from their iOS and Android mobile devices.

Best Law Firms: WOOD SMITH HENNING & BERMAN LLP

Custom Content by the Los Angeles Business Journal

WSHB was founded in 1997 with two offices in California. The firm has since experienced tremendous organic non-merger growth to currently almost 300 attorneys in 26 offices in 15 states.

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Best Law Firms: WEINSTOCK MANION

Custom Content by the Los Angeles Business Journal

Weinstock Manion is a top tier law firm in Los Angeles that provides personalized, high quality services in estate planning, estate and trust administration and estate and trust litigation.

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Best Law Firms: TLD LAW

Custom Content by the Los Angeles Business Journal

TLD wants its employees to know that they are respected, supported, and important. Each employee knows that he or she is a vital member of the team and that everyone at the firm treats each other just as they would treat their most important client.

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Best Law Firms: SIDLEY AUSTIN LLP

Custom Content by the Los Angeles Business Journal

More than 150 years after the founding of the firm, Sidley Austin today comprises a diverse group of legal professionals from many cultures who are dedicated to teamwork, collaboration and superior client service.

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Best Law Firms: SHEPPARD, MULLIN, RICHTER & HAMPTON LLP

Custom Content by the Los Angeles Business Journal

Sheppard Mullin prides itself as being a family friendly law firm that values the importance of not only its attorneys, but also their entire support system, from assistants in the office to extended family at home.

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Best Law Firms: REED SMITH LLP

Custom Content by the Los Angeles Business Journal

In addition to a number of benefits and cutting-edge initiatives, Reed Smith has many programs to make its culture inclusive, supportive, and enjoyable, and to promote the health and well being of its people.

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Best Law Firms: PILLSBURY WINTHROP SHAW PITTMAN LLP

Custom Content by the Los Angeles Business Journal

Pillsbury works to maintain and improve a positive work environment for all employees. In 2018 the firm formed employee resource groups (ERGs) that are open to attorneys and non-attorneys across the firm. The firm realizes it must develop and invest in all its professionals.

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Best Law Firms: NELSON HARDIMAN

Custom Content by the Los Angeles Business Journal

Nelson Hardiman is the second-largest healthcare specialty law firm in California. It has earned a reputation as a dynamic, forward-thinking firm at the forefront of an industry growing exponentially.

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Best Law Firms: MINTZ

Custom Content by the Los Angeles Business Journal

Mintz prides itself on providing an environment in which hard work is complemented by collegiality, mutual respect, and an element of fun. It is no wonder Mintz is consistently rated among the best of the best by clients, legal peers and publications for the firm’s work, culture and leadership.

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Best Law Firms: MILLER BARONDESS LLP

Custom Content by the Los Angeles Business Journal

Being a small firm, Miller Barondess prioritizes a positive and communal office culture. The firm has regularly scheduled events and fieldtrips that promote camaraderie and team building, including Dodgers game outings and firm-wide “Miller Time” happy hours.

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Best Law Firms: MCGUIREWOODS LLP

Custom Content by the Los Angeles Business Journal

McGuireWoods believes that firms with thoughtful leaders and great partners grow and prosper.

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Best Law Firms: MAYER BROWN LLP

Custom Content by the Los Angeles Business Journal

At Mayer Brown, the firm views the attainment of a diverse and inclusive workplace at all levels of the organization as critical to, and a natural result of, building a cohesive, successful law firm.

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Best Law Firms: HOLLAND & KNIGHT

Custom Content by the Los Angeles Business Journal

Among the policies and benefits appreciated by attorneys and staff at Holland & Knight is the firm’s extensive EEO policy and a prohibition against various forms of harassment, which are enforced by a committee of attorneys and by firm management.

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Tuesday, November 26

El Segundo Building Gets $55 Million in Financing

Brentwood-based GPI Cos. has secured $55.3 million in financing for a 200,000-square-foot office building in El Segundo.

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Best Law Firms: HAHN & HAHN LLP

Custom Content by the Los Angeles Business Journal

Hahn & Hahn, founded in 1899, is the oldest law firm in the San Gabriel Valley and among the oldest in California. Central to Hahn & Hahn’s culture is its continuing tradition of a lockstep salary system, even as much of the legal industry has looked to individualized compensation packages.

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Best Law Firms: GREENSPOON MARDER LLP

Custom Content by the Los Angeles Business Journal

Greenspoon Marder’s commitment to promoting diversity, inclusion, and philanthropy throughout the firm and throughout the community has fostered a distinct corporate culture that is not seen at most law firms.

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Best Law Firms: GREENBERG TRAURIG, LLP

Custom Content by the Los Angeles Business Journal

Greenberg Traurig, LLP (GT) has more than 2,100 attorneys in 41 offices in the US, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the US on the Law360 400 and among the Top 20 on the Am Law Global 100.

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Best Law Firms: GIBBS GIDEN LOCHER TURNER SENET & WITTBRODT

Custom Content by the Los Angeles Business Journal

Gibbs Gidden Locher Turner Senet & Wittbrodt offers the opportunity for professional development and advancement while tackling exciting cutting-edge legal issues across a variety of industries involving 12 practice areas with experienced passionate people.

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Best Law Firms: FISHER PHILLIPS LLP

Custom Content by the Los Angeles Business Journal

Fisher Phillips greatly values the importance of helping its attorneys attain work life balance that works best for them, their clients and their families.

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Best Law Firms: DLA PIPER

To best serve its employees and clients in the greater Los Angeles region, DLA Piper maintains two offices - one in the downtown financial district and one in Century City.

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Best Law Firms: BUCHALTER

Custom Content by the Los Angeles Business Journal

As an organization, Buchalter believes that it has an ethical imperative to encourage and ensure that every individual in the firm is granted the opportunity to excel, regardless of background or beliefs.

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Best Law Firms: BROWNSTEIN HYATT FARBER SCHRECK

Custom Content by the Los Angeles Business Journal

Brownstein is the best place to work because its attorneys’ relationships with their colleagues, clients and community remains one of the key differentiators.

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Best Law Firms: BOIES SCHILLER FLEXNER LLP

Boies Schiller Flexner LLP (BSF), with over 300 attorneys, is one of the world’s leading international dispute resolution firms, regularly serving as lead counsel on the most significant and high-profile arbitrations and litigations globally.

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Best Law Firms: BLANK ROME LLP

In 2019, Blank Rome has been named a Best Law Firm for Women by Working Mother Magazine and a Best Place to Work for LGBTQ Equality by the Human Rights Campaign Foundation.

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Best Law Firms: ALSTON & BIRD LLP

Custom Content by the Los Angeles Business Journal

With more than 800 attorneys, Alston & Bird is a full-service, leading Am Law 100 law firm that provides legal counsel and services to domestic and multinational clients across a broad range of industries.

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Best Law Firms: AKIN GUMP STRAUSS HAUER & FELD LLP

Custom Content by the Los Angeles Business Journal

Akin Gump is a large, global commercial law firm, with more than 900 lawyers practicing in offices throughout the United States, Europe, the Middle East and Asia.

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Monday, November 25

Former StyleHaul Executive Pleads Guilty to Embezzeling $22 Million

Former StyleHaul Inc. executive Dennis Blieden pleaded guilty to embezzling more than $22 million from the company to pay for gambling and personal expenses.

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Fintech Startup Altruist Raises $8.5 Million

Venice-based startup Altruist Corp. raised an $8.5 million Series A round.

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Real Estate Brokerage Rex Raises $40 Million

Digital real estate brokerage Rex has raised $40 million in a Series C funding.

Best Law Firms to Work for in L.A: Publisher's Letter

Custom Content by the Los Angeles Business Journal

For many years now, the Los Angeles Business Journal has published the “Best Places to Work in Los Angeles” list, but when it comes to specific industries, it often makes sense to take a closer look.

Who's Brokering Los Angeles: UDR’s Vision on Wilshire

Custom Content by the Los Angeles Business Journal

Abreath of fresh air in a bustling metropolis, the 18-story Vision on Wilshire blends the convenience of urban living with the freedom of a lofty sanctuary.

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Who's Building L.A: NoMad Hotel

Custom Content by the Los Angeles Business Journal

NoMad Los Angeles is now a luxury hotel Downtown, located in the historic Giannini Place, former home of the Bank of Italy (which later became Bank of America), at Olive and 7th streets.

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Who's Building L.A: USC Michelson Center for Convergent Bioscience

Custom Content by the Los Angeles Business Journal

Michelson Hall houses the new state-of-the-art Center for Convergent Bioscience at USC and stands in the southwest quadrant of the University Park Campus, home to the science and engineering buildings, and houses 20 to 30 principal investigators with laboratories employing hundreds of researchers and students.

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100 Fastest Growing Private Companies of 2019

Diverse collection of companies gives a big boost to the region

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Friday, November 22

FlyawayHomes Creates Housing for Homeless

Group uses HHH funds to build out modular units

FlyawayHomes uses modular units on affordable housing projects.

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Clean Living

Stephen Kotler I Douglas Elliman Real Estate

Douglas Elliman’s Stephen Kotler mixes his East Coast roots with California casual.

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By the Numbers: LA’s Fastest Growing Private Companies

By the Numbers: LA’s Fastest Growing Private Companies

Expansion Team

Outsourcing firm TaskUs wins by helping other companies grow

TaskUs uses its expertise in growing companies to manage its own growth.

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Dog-matic

Healthy pet snack-maker Pawstruck is barking up the right tree

It’s hardly a ruff life for Pawstruck, a healthy pet snacks venture.

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Driving Force

Integrity Cargo Solutions connects the dots for shippers, truckers

Integrity Cargo Solutions connects truckers and the loads they’ll haul.

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Center Stage

Fresh collections, fast results fuel growth at high-end staging company Vesta Home

Vesta Home’s focus on customization helps push its meteoric growth.

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Arts District Project Gets $54 Million

Produce LA office project includes retail space

Continuum Partners’ Produce LA is just the latest Arts District office development.

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New Housing Units Come Up Short

Most buildings fail to meet affordablity standards

McKinsey Global Institute finds 12% of L.A. County housing is affordable.

Halo Top Creamery Closes Up Shops

New owner shutters locations, lays off staff

Halo Top Creamery sells to Wells Enterprises, shutters the brand’s retail outlets.

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Tumor Tool Gets OK

NantHealth device wins approval from FDA

NantHealth Inc. receives FDA approval for a genetic mapping tool.

RadNet Joins S&P Small Cap 600

Diagnostic imaging firm partners with AI company

RadNet stock jumps after it is added to the Small Cap 600 stock index.

Downtown on the Upswing

DTLA now accounts for half of all new rental units in the city

Downtown is home to 50% of all of L.A.’s new rental units since 2018.

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Cadiz Joint Venture Harvests Test Hemp

AGRICULTURE: SoCal Hemp Co. anticipates first commercial crop next year

Cadiz and Glass House Group’s SoCal Hemp Co. readies for its first hemp harvest on Cadiz’s Mohave Desert aquifer.

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LA Companies Shine at Auto Show

AUTOS: EV makers, service companies roll out products and court investors

L.A. automakers show off their wares at the L.A. Auto Show.

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LABJ INsider

Community Centered

Goings-on in L.A.’s business community.

Arrowhead Hits the Mark

BIOTECH: New approach pulls company back from brink

Arrowhead Pharmaceuticals’ new approach leads to a rebound.

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Kylie Jenner Sells Majority Share of Cosmetics Line for $600 Million

Coty Inc. will acquire a majority share in Kylie Jenner’s beauty empire, including Kylie Cosmetics and Kylie Skin, for $600 million.

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Thursday, November 21

40 In Their 40's: Sean Yu

Sean Yu is a managing director and the leader of The Sean Yu Group at Morgan Stanley Private Wealth Management. For his financial services efforts he has been the recipient of a multitude of industry awards.

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40 In Their 40's: Stacy Yamanishi

Custom Content by the Los Angeles Business Journal

Stacy Yamanishi brings over 20 years of public accounting experience to her client engagements. She began her career in public accounting at HCVT. As a member of the firm’s Trust and Estate Tax practice, Yamanishi focuses on providing tax consultation to help her clients achieve their estate planning, gifting, and charitable giving goals.

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40 In Their 40's: Jeffrey Westheimer

Custom Content by the Los Angeles Business Journal

Jeffrey Westheimer joined Lido Advisors, LLC in January 2008 and is a principal and senior managing director. In addition to working with clients on investment and wealth planning, Westheimer sits on the Executive Committee, which provides overall direction for the firm and is a member of the investment committee for liquid and alternative assets.

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40 In Their 40's: Alyssa Weinberger

Custom Content by the Los Angeles Business Journal

A third-generation CPA who began her career at Rothstein Kass & Co. (now KPMG), Alyssa Weinberger joined Lido Advisors, LLC in 2004 and became a CFP in 2005.

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40 In Their 40's: James Verzino

Custom Content by the Los Angeles Business Journal

James Verzino is the managing director of Northwestern Mutual Los Angeles. An early standout among his peers, Verzino was appointed Managing Director after only five years as a financial advisor.

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40 In Their 40's: Andy Torosyan

Custom Content by the Los Angeles Business Journal

As the leader of HCVT’s Mergers & Acquisitions Tax practice, Andy Torosyan addresses the tax structuring and reporting issues associated with complex transactions.

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40 In Their 40's: Ken Teasdale

Custom Content by the Los Angeles Business Journal

As an audit partner for Armanino, Ken Teasdale is the Southern California leader of the Foundations and Grantmakers nonprofit sub-niche and is a leader of the firm’s rapidly expanding Cannabis practice.

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40 In Their 40's: Barry G. Simmons

Custom Content by the Los Angeles Business Journal

Barry G. Simmons is a managing director – divisional director for Consumer Banking & Wealth Management for JPMorgan Chase Bank. He currently leads a team of over 10,000 people across 1,000 branches in California.

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40 In Their 40's: Karl Seitz

Custom Content by the Los Angeles Business Journal

Karl Seitz is a tax manager with CBIZ & MHM, LLC. With more than 17 years of public accounting experience, Seitz’s technical expertise is in succession and estate planning, tax consulting, tax return preparation, financial analysis and consulting, and mergers and acquisitions

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40 In Their 40's: Jason Schoettler

Custom Content by the Los Angeles Business Journal

Jason Schoettler is a co-founder of Calibrate Ventures, a Pasadena-based venture capital firm he co-founded in 2017 with Kevin Dunlap.

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40 In Their 40's: Ben Savage

Custom Content by the Los Angeles Business Journal

Ben Savage is a partner at Clocktower Technology Ventures (CTV), where he oversees the fund and leads an innovative approach to venture capital investing that weaves tog

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40 In Their 40's: Andrew Rosen

Custom Content by the Los Angeles Business Journal

Andrew Rosen, with more than 20 years of experience, is part of Miller Kaplan’s Industry Metrics group, which specializes in the operational and financial structures of broadcast and media clients.

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40 In Their 40's: Anant Patel

Custom Content by the Los Angeles Business Journal

Anant Patel, partner at Green Hasson Janks, is known for his leadership pushing forward the future of the accounting profession and the shift from compliance to advisory. With more than 20 years of public accounting experience, Patel leads the firm’s Consulting and Transaction Advisory practice.

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40 In Their 40's: Jason Ozur

Custom Content by the Los Angeles Business Journal

Jason Ozur is a senior managing director and president of Lido Advisors, LLC. He also serves as a member of Lido’s investment committee and is responsible for the management of Lido Advisors’ Hedged Hybrid strategy.

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40 In Their 40's: Michael Ormonde

Custom Content by the Los Angeles Business Journal

Michael Ormonde is region bank president for Wells Fargo’s Los Angeles Bank division. In this role, Ormonde oversees 1,300 Wells Fargo banking professionals at approximately 87 branches across the cities of Los Angeles, Beverly Hills, South Bay and Santa Monica.

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40 In Their 40's: Patrick Nygren

Custom Content by the Los Angeles Business Journal

Patrick Nygren joined Union Bank in August 2018 as regional president of the Los Angeles and Central Coast division (LACC), which also includes Ventura, Santa Barbara and Monterey counties.

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Avery Dennison Acquires Smart Label Unit for $249 Million

Label maker Avery Dennison Corp. purchased a division of Smartrac Technology Group for $249 million.

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40 In Their 40's: Omid Noori

Custom Content by the Los Angeles Business Journal

Omid Noori is a senior vice president and managing director for the U.S. Bank Private Wealth Management team in the Greater Los Angeles area.

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40 In Their 40's: Candice Nakagawa

Custom Content by the Los Angeles Business Journal

In her role as a Private Wealth Advisor, Candice Nakagawa partners with a team of specialists and works with high net worth clients to help them build, sustain, and transfer their wealth.

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40 In Their 40's: Edward Moyzes

Custom Content by the Los Angeles Business Journal

Ed Moyzes was born in Kiev before the fall of the Soviet Union, eventually immigrating to Denver with his family when he was five.

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40 In Their 40's: Karla Chavez Luna

Custom Content by the Los Angeles Business Journal

Karla Chavez Luna works with privately held companies, trusts and estates, and high-net-worth families and their entities.

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40 In Their 40's: Brian Little

Custom Content by the Los Angeles Business Journal

Brian Little is a managing director in the Consumer M&A advisory practice for Duff & Phelps and is based in the Los Angeles office.

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40 In Their 40's: Kiyoun Kim

Custom Content by the Los Angeles Business Journal

In mid-2000, Kiyoun Kim started at IDB as an account officer doing Middle Market and Commercial Real Estate lending. She was promoted twice in the next four years.

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40 In Their 40's: Danilo Kawasaki

Custom Content by the Los Angeles Business Journal

Danilo Kawasaki serves as Vice-President and COO of Gerber Kawasaki Wealth & Investment Management. In his role, he oversees the compliance and day-to-day operations of Gerber Kawasaki.

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40 In Their 40's: Ali Jazayeri

Custom Content by the Los Angeles Business Journal

Ali Jazayeri heads Three Point Capital’s Film and Television group. Among the 90+ titles Jazayeri has financed include “Manchester By The Sea,” “Happy Feet,” and “Tully.” Recently, the firm’s film, “Run With The Hunted” just won the Audience Award for Best Feature Film at the 20th Annual Woodstock Film Festival and it was nominated for the BNL People’s Choice Award for Best Film at the Rome Film Festival.

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Broker-Dealer Western International to Be Acquired

Western International Securities Inc., an independent broker-dealer based in Pasadena, will be acquired by New York-based Atria Wealth Solutions Inc.

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40 In Their 40's: Amit Jain

Custom Content by the Los Angeles Business Journal

Amit Jain is a key member of Gumbiner Savett’s audit and assurance department and specializes in working with privately held entities to provide overall solutions for their audit, accounting, and financial reporting requirements. As a principal, he is a respected leader within the audit department and an important advisor to his clients

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40 In Their 40's: Ross Gerber

Custom Content by the Los Angeles Business Journal

Ross Gerber is the co-founder, president and CEO of Gerber Kawasaki Wealth and Investment Management. He oversees Gerber Kawasaki’s corporate and investment management operations and serves individual clients.

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40 In Their 40's: Brandon Ferrera

Custom Content by the Los Angeles Business Journal

Brandon J.E. Ferrera is an established middle market banker who joined Fifth Third Bank in early 2018.

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40 In Their 40's: Adam Feit

Custom Content by the Los Angeles Business Journal

Adam Feit currently serves as the market president for the Los Angeles Region overseeing Union Bank’s middle-market and business banking teams in Los Angeles.

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40 In Their 40's: Heather Ellison

Custom Content by the Los Angeles Business Journal

Heather Ellison is the senior vice president and head of the Retail Branch Banking channel for OneWest Bank, the Southern California branch division of CIT Group.

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40 In Their 40's: Suzie Doran

Custom Content by the Los Angeles Business Journal

Suzie Doran is a partner with SingerLewak LLP, where she has worked since 2008. Previous to working at SingerLewak, Doran was a senior manager at Grant Thornton, LLP in the company’s transaction group.

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Wednesday, November 20

Air Shuttle Service Float Partners with Commuter Carrier

La Verne-based Float is partnering with Southern Airways Express for planes and pilots for the launch of its commuter air service.

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Honey Acquired by PayPal for $4 Billion

PayPal Holdings Inc. paid $4 billion to acquire Mid-Wilshire-based ecommerce software developer Honey Science Corp.

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40 In Their 40's: Hatem Dhiab

Custom Content by the Los Angeles Business Journal

Hatem Dhiab, originally from Tunisia, is a founding member and managing partner at Gerber Kawasaki Wealth & Investment Management.

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40 In Their 40's: Malcolm Davies

Custom Content by the Los Angeles Business Journal

Malcolm Davies has over 20 years of experience as an award-winning capital advisor and developer.

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Jakks Pacific Names Former Mattel Executive as CFO

Former Mattel executive John Kimble is joining toymaker Jakks Pacific as chief financial officer.

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40 In Their 40's: Robin Choi

Custom Content by the Los Angeles Business Journal

During Robin Choi’s 16-year career with Wells Fargo, he has demonstrated outstanding leadership, established himself as a business leader and is invested in the communities that he serves.

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40 In Their 40's: Cécile Chalifour

Custom Content by the Los Angeles Business Journal

Cécile Chalifour is West Division manager for Community Development Banking, within Commercial Real Estate at Chase, where she manages a team originating construction and permanent debt projects to affordable housing projects.

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40 In Their 40's: Scott Cacurak

Custom Content by the Los Angeles Business Journal

Scott Cacurak is an assurance partner at RSM Los Angeles where he serves as the audit practice leader and oversees all aspects of the operations, growth, and profitability of the Los Angeles audit and accounting advisory practice.

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40 In Their 40's: Pradeep Budhiraja

Custom Content by the Los Angeles Business Journal

Pradeep Budhiraja is a shareholder and quality control officer at Gumbiner Savett Inc. Budhiraja has helped startup companies navigate through the daunting process of initial public offering, having had success with four IPOs in the last five years.

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40 In Their 40's: Claudia Bodan

Custom Content by the Los Angeles Business Journal

Claudia Bodan is Los Angeles Region market president for Commercial Bank of California.

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40 In Their 40's: Ryan J. Bernath

Custom Content by the Los Angeles Business Journal

Ryan J. Bernath is a senior managing director of investment banking with B. Riley FBR, Inc. Based in West Los Angeles, B. Riley FBR is a full-service investment bank specializing in initial, secondary and follow-on offerings, institutional private placements, merger and acquisitions advisory services, and corporate restructuring.

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El Segundo Building Sells for $97 Million

A partnership of Nuveen Real Estate and Graymark Capital acquired a creative office building in El Segundo for $97.15 million.

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40 In Their 40's: Tony Berkus

Custom Content by the Los Angeles Business Journal

Tony Berkus is managing director in the Transaction Advisory Services practice of Duff & Phelps.

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40 In Their 40's: Tom Barry

Custom Content by the Los Angeles Business Journal

Tom Barry, managing partner at Green Hasson Janks, knows the importance of not only being a part of the discussion but to be leading it and shaping the accounting profession.

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40 In Their 40's: Publisher's Letter

Custom Content by the Los Angeles Business Journal

A skilled accountant or financial services professional can be one of the key ingredients for any company’s success.

Corporate Citizenship & Giving Guide: Bringing Innovation to Los Angeles’ Housing Crisis

Custom Content by the Los Angeles Business Journal

Every day, millions of Americans struggle with the cost of owning or renting a home. We especially see this here in Los Angeles, where the gap in affordable homes is estimated at 26 available for every 100 extremely low-income renter households according to the Urban Institute.

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Corporate Citizenship & Giving Guide: Empower Your Philanthropy Through a Donor Advised Fund

Custom Content by the Los Angeles Business Journal

These pages feature a variety of nonprofits that are improving our communities, saving lives, lifting spirits, and repairing the world.

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Corporate Citizenship & Giving Guide: American Honda Finance Corporation Makes Dreams Possible

Custom Content by the Los Angeles Business Journal

At American Honda Finance Corporation (AHFC), we know the true measure of a company isn’t just great products, but the impact that it has on society.

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Corporate Citizenship & Giving Guide: Picking the Low-Hanging Donor Fruit

Custom Content by the Los Angeles Business Journal

It might seem like most donors are big foundations or businesses, but according to CauseVox, 80 percent of donors are individuals. This is why it is important for nonprofits to develop strategies focused on building their individual donor base.

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Corporate Citizenship & Giving Guide: Getting the Board on Board with Fundraising

Custom Content by the Los Angeles Business Journal

Without fundraising, most nonprofits would cease to exist. However, the BoardSource “Leading with Intent” Report consistently has fundraising performance as a top area needing improved board performance.

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Arts District Project Gets $54 Million

Produce LA, an office development at 640 S. Santa Fe. Ave., is one of the latest Downtown Arts District projects to receive construction financing.

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Tuesday, November 19

Corporate Citizenship & Giving Guide: The Jeffrey Foundation

Custom Content by the Los Angeles Business Journal

Mission Statement The Jeffrey Foundation is committed to serving children with special needs and their families through its therapeutic education and recreational programs and through its family support services.

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Corporate Citizenship & Giving Guide: National Health Foundation

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Mission Statement National Health Foundation has a mission to improve the health of under-resourced communities by taking action on the social determinants of health.

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Corporate Citizenship & Giving Guide: Mental Health America of Los Angeles

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Mission Statement Mental Health America of Los Angeles (MHALA) works to ensure that people with mental health needs achieve meaningful, healthy lives in their communities.

L.A. Steelcraft Products Sells to Americana Outdoor

Americana Outdoor will acquire the 100-year-old playground equipment brand L.A. Steelcraft Products Inc.

Corporate Citizenship & Giving Guide: Junior Achievement

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To inspire and prepare young people to succeed in a global economy. We believe every child deserves the opportunity to take control of their own economic future.

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Corporate Citizenship & Giving Guide: Los Angeles Regional Food Bank

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The mission of the Los Angeles Regional Food Bank is to mobilize resources to fight hunger in our community. • Source and acquire food and other products and distribute to needy people through charitable agencies or directly through programs;

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Corporate Citizenship & Giving Guide: LA's Best

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SERVICE AREA LA’s BEST plays a vital role in the lives of more than 25,000 elementary school students who come from neighborhoods with the fewest resources and the greatest needs across Los Angeles.

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Corporate Citizenship & Giving Guide: Getty

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Mission Statement The J. Paul Getty Trust is a cultural and philanthropic institution dedicated to the presentation, conservation, and interpretation of the world’s artistic legacy.

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Corporate Citizenship & Giving Guide: Easterseals

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MISSION STATEMENT Easterseals works to change the way the world defines and views disability by making profound, positive differences in people’s lives every day.

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Corporate Citizenship & Giving Guide: Downtown Women's Center

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The Downtown Women’s Center (DWC) envisions a Los Angeles with every woman housed and on a path to personal stability. Its mission is to end homelessness for women in greater Los Angeles through housing, wellness, employment, and advocacy.

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Corporate Citizenship & Giving Guide: Didi Hirsch Mental Health Services

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Leadership Executive Leadership Kita S. Curry, Ph.D. President and CEO

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Monday, November 18

Intellectual Property & Licensing Law : A Roundtable Discussion

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Is there pending new IP legislation coming soon? If so, does this stand to help or hinder existing businesses?

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Corporate Citizenship & Giving Guide: Children's Bureau

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Children’s Bureau provides child abuse prevention and treatment services to at-risk children and parents each year through 20 community sites located in Los Angeles and Orange County.

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Melrose Retail Asset Sells for $48 Million

A retail portfolio at 8436 to 8452 Melrose Place sold for $47.8 million.

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Corporate Citizenship & Giving Guide: APLA Health

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APLA Health’s mission is to achieve health care equity and promote well-being for the LGBT and other underserved communities and people living with and affected by HIV.

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Corporate Citizenship & Giving Guide 2019: American Heart Association

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The American Heart Association is a national organization, with the Los Angeles County Division serving the neighborhoods of Los Angeles County.

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Corporate Citizenship & Giving Guide: Alzheimer's Los Angeles

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Mission Statement Improving the lives of local families affected by Alzheimer’s & dementia by increasing awareness, delivering effective programs & services, providing compassionate support, and advocating for quality care and a cure,

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Corporate Citizenship & Giving Guide: Publisher's Letter

Custom Content by the Los Angeles Business Journal

A recent study by United HealthCare Services revealed that 75 percent of employees who volunteer or engage with nonprofit causes through their workplace end up feeling better about their employers.

Friday, November 15

MedMen to Lay Off Nearly 200, Sets Restructuring Plan

Cannabis retailer MedMen Enterprises Inc. will lay off more than 190 employees and restructure its business assets in a bid to achieve a positive balance sheet.

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Immortals Gaming Club Sells Overwatch League Team

Esports organization Immortals Gaming Club finalized the sale of an esports team to Naples, Fla.-based Beasley Broadcast Group Inc. on Nov. 15.

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Unemployment Holds Steady in LA County for October

L.A. County’s unemployment rate was unchanged in October as the education sector led a broad hiring surge.

Fulgent Enters Home Market

HEALTH CARE: Genetic testing kits bypass doctor visits

Fulgent Genetics enters the market for at-home genetic tests.

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A Helping Hand

Susan Burton I A New Way of Life

STYLE: Susan Burton from A New Way of Life keeps things casual but respectful.

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Swig Co. Renovates Office Spaces

Updates to TrueCar tower attract new tech tenants

Swig Co. is banking on renovating older office properties in some of L.A.’s hottest markets.

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Stockdale Capital Plans New Medical Building

Beverly Grove outpatient facility will include retail

Stockdale Capital Partners plans to build a 145,000-square-foot medical office building in Beverly Grove.

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Va. Firm Invests in Playa Vista

Harbor Group pours $24M into multifamily building

Harbor Group International invests in Silicon Beach Live Apartments.

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HMBradley Nabs $3.5M

Digital banking startup looks to launch in 2020

Halleman Bradley to launch a tech-focused banking platform following a $3.5 million seed round.

Military Business Boosts Boingo

Wi-Fi provider narrows losses in third quarter

Boingo Wireless sees a boost from contracts to provide Wi-Fi to the military.

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J2 Planning $500M Offer

Internet services firm will use funds on credit balance

Hollywood-based internet services firm J2 Global Inc. intends to sell $500 million in convertible senior notes.

LGBTQ-Focused Index Launches

WeHo firm tracks top 100 companies for investors

LGBTQ Loyalty Holdings launches an index tracking companies committed to advancing equality.

LA Malls Work to Win Back Holiday Shoppers

Malls are going all out this season to boost sales and foot traffic

L.A.’s malls seek to entice holiday shoppers this season with celebrities, cocktails and parties.

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Valence Links Black Professionals

TECH: Upfront leads $2.5 million raise to support social network startup

The team at Valence Enterprises looks to connect black professionals.

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Squar Milner Announces Acquisitions

ACCOUNTING: Deals for SRG and BPE&H team expands presence in LA market

Accounting firm Squar Milner continues to expand its L.A. footprint with two new deals.

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Herbalife Names Agwunobi as CEO

HEALTH CARE: Activist investor Carl Icahn raises his stake in the company to 24%

Herbalife Nutrition announces John Agwunobi will become its next CEO.

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LABJ INsider

Cyber Alert

Goings-on in L.A.’s business community.

Ports in a Storm

LA, Long Beach are feeling the impact of tariffs

Port of Los Angeles head Gene Seroka warns of consequences from the U.S.-China trade war.

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Women Execs Warm to Men’s Watches

FASHION: Luxe timepieces viewed as a sign of progress

Men’s luxury watches, particularly those from Rolex Group, are in fashion among L.A.’s businesswomen.

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Growing Pains at Activision

GAMING: Company seeks to balance mobile, console

Activision Blizzard announces better-than-expected third-quarter earnings and a loss of 3 million users.

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Thursday, November 14

Paramount Posts Profit Turnaround

Paramount Pictures reported its first fiscal full-year profit since 2015.

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El Segundo Project Gets $55 Million Loan

A 206,000-square-foot office and retail property in El Segundo has received a $55 million non-recourse debt to refinance the property.

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FanAI Raises $8 Million Series A

Esports analytics and marketing firm FanAI Inc. raised a $8 million Series A round Nov. 14.

Wednesday, November 13

Super League Gaming Posts Jump in Third-Quarter Revenue

Santa Monica-based Super League Gaming Inc. reported a third-quarter revenue increase of 129% year over year to $350,000.

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Southern California Edison to Pay $360 Million to Settle Wildfire Claims

Southern California Edison, the utility subsidiary of Rosemead-based Edison International, agreed to pay $360 million to settle wildfire and mudslide claims from 23 public agencies.

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BYD Sells 130 Electric Buses to LADOT

BYD Motors will deliver 130 electric buses to the L.A. Department of Transportation, the company's largest order yet.

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L.A. Philharmonic Takes Over Operation of Ford Theatres

The Los Angeles Philharmonic Association will take over operation of the John Anson Ford Amphitheatre Complex effective Dec. 1.

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Snap Rolls Out New Spectacles

Snap Inc. releases the newest version of Spectacles, its camera- and video-capable glasses

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Tuesday, November 12

'Babylon,' 'Little Shop of Horrors' Remake Among Recipients for State Film Tax Credit

Thirteen films, including the big-budget feature “Babylon” and a remake of “Little Shop of Horrors," received tax credits from the state, according to the California Film Commission.

Monday, November 11

Macy’s Redevelopment Gets $120 Million Financing

GPI Cos. closed on $120 million in construction financing for West End

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Office Conversion Planned for Former Westside Pavilion Macy’s

GPI Cos. announced plans for a $180 million redevelopment to turn the former Westside Pavilion Macy’s into office space.

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Pasadena Office Portfolio Sells for $193 Million

Swift Real Estate Partners purchased the Pasadena Collection from an investment manager for $193 million

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Most Influential Women Lawyers: Publisher's Letter

Custom Content by the Los Angeles Business Journal

Last year marked the 25th anniversary of the appointment of Janet Reno, the first woman to serve as Attorney General of the United States.

Most Influential Insurance Brokers: Publisher's Letter

Custom Content by the Los Angeles Business Journal

As we recently learned after last year’s wildfires, insurance is vitally important if we are to protect our businesses, employees, homes, vehicles, and other professional and personal assets.

Most Influential Minority CPAs: Publisher's Letter

Custom Content by the Los Angeles Business Journal

Los Angeles is a national leader when it comes to diversity in business – and the field of accounting is no exception.

Most Influential Wealth Managers: Publisher's Letter

Custom Content by the Los Angeles Business Journal

The practice of wealth management has developed significantly in recent years as a result of growth of affluence worldwide.

2019 Commercial Real Estate Awards: Publisher's Letter

Custom Content by the Los Angeles Business Journal

On Monday, Feb. 25, we hosted one of the Los Angeles Business Journal’s biggest events: the 24th annual Commercial Real Estate Awards.

Most Influential Women in Accounting 2019: Publisher's Letter

Custom Content by the Los Angeles Business Journal

Earlier this year, the 2019 Accounting Move Project examined the perceptions and misperceptions women and firms have about how and why women pursue partnerships and other leadership positions.

Diversity and Inclusion: Publisher's Letter

Custom Content by the Los Angeles Business Journal

Los Angeles is one of the most diverse cities in the United States, with employees coming from different backgrounds, religious affiliations, cultures and economic statuses.

Most Influential Investment Bankers: Publisher's Letter

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Legendary investment banker Felix Rohatyn once wrote: “Investment banking is not a business; it is a personal service where bankers work hand in hand with their clients.

2019 CTO Awards: Publisher's Letter

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CTOs and their teams play a crucial role in making Los Angeles businesses, institutions and nonprofits successful.

2019 Women's Council & Awards: Publisher's Letter

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The Los Angeles Business Journal has made a conscious commitment to recognize the impact of female business leaders in and around L.A. County.

Most Influential Family-Owned Businesses 2019: Publisher's Letter

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According to the U.S. Census Bureau, family-owned and -controlled businesses account for 90% of American companies today.

Health Care Leadership Forum & Awards: Publisher's Letter

Custom Content by the Los Angeles Business Journal

It’s hard to think of a more complex and challenging field of business than health care.

2019 CFO Awards: Publisher's Letter

Custom Content by the Los Angeles Business Journal

The role of chief financial officer has never experienced more disruption. Today, the most effective CFOs have their hands on much more than the financials.

Leaders in Law: Publisher's Letter

Custom Content by the Los Angeles Business Journal

Welcome to our ninth annual special supplement honoring the leading general counsels and firm-based attorneys in the L.A. area.

Diabetes Awareness: ADA Applauds the Insulin Price Reduction Act

Custom Content by the Los Angeles Business Journal

The American Diabetes Association (ADA) strongly supports the introduction of the Insulin Price Reduction Act in the United States House of Representatives.

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Diabetes Awareness: JDRF Teams Up with Video Game Industry to Fight Type 1 Diabetes

Custom Content by the Los Angeles Business Journal

JDRF, the leading global organization funding type 1 diabetes (T1D) research, is announcing a new fundraising effort in partnership with the video game industry.

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Diabetes Awareness - Hopeful News: New Diabetes Cases Decline After 20 Years of Increases

Custom Content by the Los Angeles Business Journal

New cases of diagnosed diabetes in the U.S. decreased by 35 percent since a peak in 2009 – the first sign that efforts to stop the nation’s diabetes epidemic are working, CDC researchers report.

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Diabetes Awareness - Diabetes and Heart Attacks: A Risky Combination

Custom Content by the Los Angeles Business Journal

After a heart attack, patients with diabetes are at greater risk of heart failure and subsequent death than those without diabetes, according to late breaking results from the FAST-MI registry presented in September at ESC Congress 2019 together with the World Congress of Cardiology.

Diabetic Awareness: “Count Me In” Campaign Aims to Change the Numbers on the Diabetes Epidemic

Custom Content by the Los Angeles Business Journal

Throughout the month of November, the American Diabetes Association (ADA) is highlighting the numbers that matter most when it comes to those living with, at risk and supporting those with diabetes.

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Saturday, November 9

Stamps.com Revenue Dips in Third Quarter

El Segundo-based online postage supplier Stamps.com Inc. reported third-quarter revenue of $136.2 million, down 5%.

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Colony Capital Pivots to Digital Real Estate Investments

Downtown-headquartered real estate investment firm Colony Capital Inc. reported net losses of $555 million, or $1.16 per share, in the third quarter and is shifting its strategy.

Friday, November 8

Imports Plummet at San Pedro Bay as U.S.-China Trade War Drags On

The nation’s two busiest ports saw imports plummet in September when a range of Chinese goods were hit with a 15% tariff. Imports dropped 14% in September — the worst decline in more than a year.

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Special Report: Innovators

Los Angeles Business Journal's 2019 Innovators Special Report reveals how the FAANGs are growing in LA

The Los Angeles Business Journal's FAANG-tastic 2019 Innovators Special Report looks at how Facebook, Amazon and others are growing their operations in L.A.

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Activision Exceeds Earnings Expectations

Santa Monica-based Activision Blizzard Inc. reported third-quarter revenue of $1.2 billion.

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Green Dot Reports Third-Quarter Loss

Financial technology company Green Dot Corp. reported a third-quarter loss of $0.5 million, down from a profit of $4.6 million a year earlier.

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Edison Preps $4B Nuclear Project

AECOM will start San Onofre demolition in 2020

Southern California Edison announces start date for AECOM-led project to decommission the San Onofre nuclear power plant.

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Plugging Away

LA’s still the place for electric vehicle-makers, but success remains elusive

Los Angeles’ electric vehicle companies keep plugging along despite setbacks.

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LABJ INsider

Picture This

Goings-on in L.A.’s business community.

Sneaker Attack

Ntwrk blends streetwear style with a QVC approach

Ntwrk’s Aaron Levant and Jamie Iovine look to sell streetwear with a QVC approach.

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FinTech Firm Adds Banking

TECH: Dave drops fees, attracts 1 million to wait list

Dave Inc. has branched out into the banking business.

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Molina Hit by Big Loss

HEALTH CARE: Insurer downgraded after Texas cuts

Molina Healthcare loses a major Medicaid contract in Texas.

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Kilroy Looks to Hollywood, Tech

REAL ESTATE: Developer optimistic on several fronts

Kilroy Realty Corp. CEO John Kilroy sees much to be optimistic about in L.A.’s real estate market.

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Amazon

A sprawling presence, from media to devices

Amazon is giving traditional Hollywood studios a run for their money.

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Google

Ambitious expansion plans and a hub for YouTube

Google’s L.A. space is a mix of high-tech and flashy design.

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Netflix

Streaming giant eyes expansion — and competitors

Netflix is making its presence felt with multiple Hollywood locations.

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Apple

Looking past the iPhone, focusing on digital streaming

Apple is expanding L.A. operations.

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Facebook

Dialing in partnerships and ramping up technology

Facebook’s L.A. operations focus on VR and AR.

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Accent Marks

Darrell Miller I Fox Rothschild

Fox Rothschild’s Darrell Miller shows his individuality with some retro cool.

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3 Retail Properties Fetch Combined $27M

Sales in Long Beach, Beverly Hills and Westwood

Retail market stays hot as buildings in Westwood, Beverly Hills and Long Beach sell for nearly $27 million combined.

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Vertical Farm Signs Lease in Compton

Startup Plenty Unlimited will spend big on buildout

Vertical farming company Plenty Unlimited signs a lease for a Compton warehouse.

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CBRE Vet Takes New Role at NKF

Bloodgood will represent high net worth landlords

Broker Bill Bloodgood named executive managing director at Newmark Knight Frank.

Jakks Tops Expectations

Toymaker sees sales surge 18% thanks to ‘Frozen 2’

Walt Disney Co.’s “Frozen 2” doesn’t leave Jakks Pacific out in the cold.

Smart & Final Revamps Ecommerce

Grocer aims to provide personalized experience

Smart & Final Stores revamps online shopping portals and mobile apps.

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Flood Control Project Set

Tetra Tech wins Army Corps of Engineers contract

Army Corps of Engineers awards Tetra Tech a contract worth up to $40 million.

Thursday, November 7

Academy Museum of Motion Pictures Announces the Addition of 7 Trustees

Oscar-nominated actress Laura Dern and Academy of Arts and Sciences president and casting director David Rubin are among seven newly appointed trustees.

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Leasehold Interest in Hotel Near LAX Sells for $50 Million

Sunstone Hotel Investors, Inc. has sold a leasehold interest in the Courtyard by Marriott Los Angeles near LAX for $50 million.

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Wednesday, November 6

Skyview Capital Picks Up Passport Foods

Skyview Capital rebranded ethnic foods producer-distributor Passport Global Foods as Passport Foods after acquiring select assets from the company for around $25 million.

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OpenGate Closes $585 Million Fund, Acquires CoreMedia

OpenGate Capital, a private equity firm based in Century City, has closed its latest fund at approximately $585 million and acquired digital firm CoreMedia AG.

Koreatown Multifamily Property Sells for $29 Million

Kodo, a 60-unit property in Koreatown, sold for $29.25 million.

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Tuesday, November 5

HyreCar Increases Revenue, Losses in Third Quarter

Santa Monica-based car rental startup HyreCar Inc. reported third-quarter revenue of $3.7 million.

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Regent Acquires Luxury Brand Escada

Beverly Hills-based private equity firm Regent LP has acquired German luxury womenswear brand Escada SE.

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Monday, November 4

MedMen Posts Higher Sales, Losses

CANNABIS: Retailer reports rise in 2019 revenue

Culver City-based cannabis retailer MedMen Enterprises Inc. reported increasing revenue as well as mounting losses in fiscal 2019 earnings posted Oct. 28.

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Salon App Boulevard Makes the Cut

TECH: Booking service enters crowded space

Salon booking service Boulevard raised $11 million in Series A funding, the company announced Nov. 4.

Focus on International Trade: Port of Los Angeles Announces Fall and Winter 2019/20 LA Waterfront Event Schedule

Custom Content by the Los Angeles Business Journal

Though the lazy days of summer are over and kids are back in school, there are still plenty of fun events to enjoy on the LA Waterfront as the fall and winter seasons approach.

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Focus on International Trade: Los Angeles’ Role as a Global Trade and Foreign Investment Leader

Custom Content by the Los Angeles Business Journal

The LA region is the nation’s largest metropolitan export market, and one of the largest recipients of foreign direct investment.

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Focus on International Trade: New and Comprehensive Online Export Documentation Solution Platform Launched

Custom Content by the Los Angeles Business Journal

Los Angeles area businesses seeking to compete in the global marketplace now have an additional tool to expedite securing export documentation with increased efficiency and accuracy.

Focus on International Trade: Port of Los Angeles Unveils World’s First Zero- Emissions Top Handlers

Custom Content by the Los Angeles Business Journal

Clean cargo handling operations at the Port of Los Angeles are taking a giant leap forward with the demonstration of the world’s first zero-emissions top handlers.

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Friday, November 1

Fisker Previews First Electric Vehicle

Torrance-based electric vehicle developer Fisker Inc. will debut its first fully electric sport utility vehicle in January 2020.

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Ares Misses Earnings Expectations

Century City-based asset manager Ares Management Corp. missed expectations when it reported third-quarter earnings on Oct. 31.

RAISING THE BARS

Brenden Schaefer • Bright Foods

Bright Foods’ Brenden Schaefer has California casual down to a science.

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Beyond Meat Thinks Bigger

FOOD: Confidence grows after posting first profit

After his company reported its first quarterly profit, Beyond Meat’s Ethan Brown is looking to go global.

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Lux Redux

While other retail destinations struggle, a revamped Rodeo Drive is thriving

A look at changes coming to Beverly Hills’ iconic Rodeo Drive.

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Intellisense Adds Space

Real Estate: Company signs Torrance office lease

Real EsTate: Company signs Torrance office lease

Fair Loses CEO Painter

Departure follows deep layoffs at car-leasing startup

Departure follows deep layoffs at car-leasing startup

B. Riley Nabs Retail Brands

Firm pays $117 million for English Laundry, others

Firm pays $117 million for English Laundry, others

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Creo Montminy Leads Esports, Food Deals

Banker manages sales of NGE and Worldwide Produce

Banker manages sales of NGE and Worldwide Produce

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HelloOffice Says ‘Hi’ to Los Angeles

SF-based brokerage opens location in Century City

SF-based brokerage opens location in Century City

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Work Wraps on $1B Metropolis Development

Financial District project includes apartments, hotel

Financial District project includes apartments, hotel

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M-Rad Sets Sights on Growth

Architecture firm lines up projects, adds new products

Architecture firm lines up projects, adds new products

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AECOM-Canyon Partners Closes $500 Million Fund

Real Estate: Joint venture invests in Culver City

Joint venture between AECOM and Canyon Partners closes $500 million fund

LABJ INsider

Money Well Spent

Goings-on in L.A.’s business community.

Booming Builder

Soteropulos keeps Webcor on track for some of LA’s biggest projects

Webcor’s Gust Soteropulos discusses the company’s plans for L.A.

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Grind Minds the Gap for Underbanked

BANKING: Startup courts inner-city communities

Grind Banking founder Brinson Silver looks to focus on underserved communities.

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Oil Company Might Run Dry

ENERGY: Wilmington firm worries about drilling proposal

A proposed law could force Cooper & Brain Inc. to shut down most of its oil wells in the city of Los Angeles.

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New Glass Industry Supply Company Launches

Manufacturing: Former C.R. Laurence executives start competitor

Frameless Hardware Co. is a new glass industry supply company in South Gate founded by two top executives formerly with the region’s premier glass industry supplier, C.R. Laurence Co. Inc.

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