The market for health care in the Southland has never been more robust.
The silver tsunami triggered by the aging of America is driving increased demand for senior housing, even in the face of a pandemic.
LA companies lead the way in a growing industry
An influx of investment is bringing new momentum to the podcast industry in Los Angeles, which has developed into a hub for the burgeoning medium.
Experts divided after May rate reaches 20.9%
While the nation’s jobless picture showed signs of improvement in May, Los Angeles County’s unemployment rate continued to surge last month, sparking debate among economists about the local outlook.
Quarantine prompts a ‘sea change’ for operations
Los Angeles law firms have undergone dramatic changes in less than three months — a response to the Covid-19 quarantine and emerging technology.
Read this week's column from Los Angeles Business Journal Editor Scott Robson for goings-on in L.A.'s business community.
Private equity fund will pursue opportunities during Covid-19 downturn
Century City-based asset manager Ares Management Corp. has closed a $3.5 billion private equity fund.
Company will use funds for SaaS platform
Hollywood-based Pipe Technologies Inc. has raised $60 million in an extension of its February seed round.
Program seeks underperforming sites
Brentwood-based Lowe, formerly Lowe Enterprises, has announced plans to create a new group focused on redeveloping and repositioning regional retail properties.
Nearly one-quarter of shops have yet to reopen
Almost a month after local shopping centers got a green light to reopen, about a quarter of their storefronts remain dark.
Agency works with Google and Honda
Will Campbell, co-founder and chief executive of digital creative agency Quantasy & Associates, does not define the downtown-based company as a multicultural marketing agency, even though it can boast a diverse roster of clients.
The commercial real estate market hasn’t stopped since stay-at-home orders were enacted in Los Angeles and the rest of California in mid-March.
Company’s tech sees increased use amid lockdowns
The quarantine that has fast-tracked ecommerce — it’s expected to increase 18% to $709 billion this year and represent 14.5% of total U.S. retail sales, according to industry researcher eMarketer Inc. — has also been a boon for augmented reality software developers focused on retail.
Hiring follows investigation into accounting practices
El Segundo-based toy maker Mattel Inc. has brought on two new executives for key positions.
Fast-casual chain upgrades app's ordering capabilities
With the Covid-19 pandemic settling in for an extended run in much of the country, the phrase “adapt or perish” seems to be the mantra for many retailers and restauranteurs.
Glendora to Pomona might be final extension
Major construction gets underway next month on the latest — and possibly final — segment of the Foothill Gold Line Extension light rail project.
West Basin pipeline serves Torrance business park
The West Basin Municipal Water District announced the completion of a recycled water pipeline at Sares Regis Group’s Torrance Commerce Center on the site of the former Toyota Motor North America Inc. headquarters campus.
Kern facility could power roughly 93,000 homes a year
Mid-Wilshire-based 8minute Solar Energy has signed a contract to develop a 250-megawatt solar energy and storage project in Kern County.
Brookfield acquires industrial sites in sale-leaseback deal
Brookfield Asset Management Inc. has purchased two industrial buildings in Carson for $63.6 million, records show.
Developer seeks to create more workforce apartments
Downtown-based Universal Standard Housing is trying to create more workforce housing in Los Angeles and sees modular building as the way to do it.
Starcrest changes hands for first time in 40 years
A 28-unit multifamily property in Arcadia has sold for nearly $9 million — the highest purchase price of any multifamily property in the city in the last year.
Klein Financial, Divco West partner on multifamily recapitalization
The Wilshire Vermont multifamily property in Koreatown has at least one new owner.
Gene Seroka guides the Port of LA — and the city’s PPE supply efforts
Gene Seroka, the executive director of the Port of Los Angeles, picked up additional duties in March when Los Angeles Mayor Eric Garcetti named him the city’s chief logistics officer.
Mambetov aims for ‘modest, not Muslim’
For L.A. fashion designer Elle Mambetov, the Covid-19 outbreak has meant figuring out how to introduce a new fashion line without the benefit of a traditional live runway show.
Startup puts focus on cancer and Covid-19
Santa Monica health tech startup Quantgene Inc. is one of dozens of companies racing to revolutionize cancer detection screening by using only a drop of blood instead of the intrusive biopsies prevalent today.
As our communities look for ways to move forward constructively, the need to effect change has never been greater. The business world is uniquely positioned to help drive that change — particularly in Los Angeles.
Developer could pay up to $490 million
New York-based Silverstein Properties Inc. is reportedly in talks to acquire downtown’s U.S. Bank Tower from Singapore-headquartered OUE Ltd.