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Out-of-State Units San Fernando Valley Business Journal

1 days ago . 56 people watched

Out-of-State Units. By Michael Aushenker. Monday, June 21, 2021. Tweet. With the rapid rise of prices for apartment building in California, real estate firms in the Valley region are turning to out-of-state investments.

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Real Estate Has ‘Digging To Do’ San Fernando Valley

6 days ago . 57 people watched

As a real estate attorney, I’ve watched as the growing health crisis and the resulting economic fallout upend the deal-making structures that have long been in place, resulting in a high degree of uncertainty. In the early days of the pandemic, virtually all leases, purchase and sale transactions and financing transactions that we were

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SFVBJ 2021 Events San Fernando Valley Business Journal

8 days ago . 55 people watched

2021 Commercial Real Estate Awards LIVE VIRTUAL EVENT March 3, 2021 The San Fernando Valley Business Journal is proud to present the 2021 Commercial Real Estate Awards, in which we recognize the biggest, best, and most notable projects of 2020. We will honor the developer, architect, and general contractor of each award-winning project.

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LTC Sells Three Wisconsin Properties For $35 Million San

2 days ago . 58 people watched

Real estate investment trust LTC Properties, which specializes in health care property and senior housing investments, has announced a $35 million sale of three assisted living properties in Wisconsin. Together, the properties comprise 263 assisted living units. The sale represents a …

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Valencia Industrial Land Deal Closes San Fernando Valley

2 days ago . 58 people watched

The industrial real estate market in Santa Clarita Valley has remained white hot, even during the pandemic year. Last year, Amazon.com Inc. grabbed nearly 200,000 square feet at two different industrial parks in Valencia while Trammel Crow Co. and Clarion Partners’ The Center at Needham Ranch is currently cultivating phase II of its

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NoHo Infill Housing Gets Go-Ahead San Fernando Valley

8 days ago . 55 people watched

NoHo Infill Housing Gets Go-Ahead. By Michael Aushenker. Monday, June 21, 2021. Tweet. An infill multifamily project proposed for North Hollywood by Garen Boyajian of Blix Equities has been given the green light.

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Warner Center Firm IMG Sells North Carolina Apartments For

9 days ago . 59 people watched

Woodland Hills-based real estate firm Investors Management Group Inc. has sold a two-property multifamily portfolio in Raleigh, North Carolina to Abacus Capital Group for $29.8 million. The two properties sold by the Warner Center company are Millbrook Apartment Homes, a 117-unit community at 2121 Paces Forest Court; and Lynn Lake Apartment

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$81 Million Residential Project Breaks Ground In Lancaster

6 days ago . 59 people watched

The Roseville-based real estate company is creating Terracina at Lancaster with the intent to bring affordable housing to the fast-growing city in northern L.A. County. JPMorgan Chase and WNC are investment partners on the project. Terracina at Lancaster will have 11, three-story buildings that surround a central play and recreation area.

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Adler Realty Sells Fontana Retail Property San Fernando

2 days ago . 57 people watched

For the Fontana transaction, Hanley Investment Group Real Estate Advisors broker Matt Burnett represented the Sun Valley buyer. Hanley Investment agents Kevin Fryman, Bill Asher and Jeff Lefko represented Adler on the deal. The 7,500-square-foot property currently has three tenants: Pacific Dental Services, Arrowhead Credit Union and MJ Nail & Spa.

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Industrial Firm Scores $6 Million In Simi Valley Sale

Just Now . 54 people watched

“The real estate fundamentals of the deal were excellent, and it was critical to ensure both parties were able to achieve their goals in a market that often places industrial buyers at a disadvantage to their seller counterparts.”

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AeroVironment Relocates Headquarters To Virginia San

4 days ago . 54 people watched

AeroVironment Inc. announced it will relocate its corporate headquarters from Simi Valley to Arlington, Va. effective on Tuesday. Wahid Nawabi, chief executive of the drone and robotics manufacturer, said that with the greater Washington, D.C. area being where so many of the company’s key customers are located, it made sense to move there.

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Sun Valley Warehouse Sells For $2 Million San Fernando

6 days ago . 56 people watched

An industrial property has sold for $2.06 million, or $339 a square foot. Spectrum Commercial Real Estate Inc. represented both seller and buyer in the sale of the multi-tenant building.

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Warner Center Firm Makes $43 Million Investment In Georgia

9 days ago . 59 people watched

Warner Center-based real estate firm Investors Management Group has acquired an Atlanta apartment complex for $42.9 million, according to the company. The Veridian at Sandy Springs Apartments, located at 1800 Windridge Drive in Sandy Springs, Ga., offer tenants a renovated clubhouse, fitness center, pool and picnic areas.

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Builder And Philanthropist Paul Griffin Jr. Dies San

7 days ago . 54 people watched

Thursday, April 22, 2021. Tweet. Paul E. Griffin Jr., a prodigious real estate developer and philanthropist, died April 6, according to Calabasas-based Griffin Living. He was 90. He was the fourth generation of the Griffin family involved in the home-building industry in Southern California.

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Lithia Motors Buys BMW, Acura Dealerships In Valley San

6 days ago . 57 people watched

Lithia Motors & Driveway Inc. has purchased two more San Fernando Valley car dealerships. The Medford, Ore. publicly traded car dealer acquired BMW of Sherman Oaks and Acura of Sherman Oaks for an undisclosed price. Bryan DeBoer, chief executive of Lithia, said the company welcomed the two Valley dealers to the Lithia Motors family.

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NewMark Merrill Hires Six Executives San Fernando Valley

1 days ago . 58 people watched

9 hours ago · With more than 20 years of real estate-industry experience, Morgan most recently served as senior property accountant at a national shopping center owner and operator. Larissa Yllescas has been chosen as human resources coordinator. Previously, she served as human resources coordinator at a national accounting and advisory services firm.

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SFV Real Estate San Fernando Valley Business Journal

6 days ago . 53 people watched

Calabasas Real Estate Developer Indicted in Bankruptcy Fraud Case. A Calabasas-based real estate developer has been indicted for bankruptcy fraud and concealing money from creditors in shell companies, according to the Department of Justice.

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Business Journal Honors 10 Local CFO And HR Professionals

5 days ago . 58 people watched

>Michael Matzner of Illi Commercial Real Estate in Encino was awarded the CFO of the Year in the Emerging Public Company category. >Linda Harris, president of Jorgensen HR in Valencia, won the HR Professional of the Year award in the Emerging Private Company category.

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Even In COVID Slowdown, Simi Valley Office Building

Just Now . 52 people watched

Despite a waning appetite for office space during the pandemic, an office building in Simi Valley has sold for $30 million, according to Newmark, a real estate brokerage involved in the deal. The 206,917-square-foot structure, which is 100 percent leased to …

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Cushman & Wakefield Opens First North L.A. Office San

4 days ago . 59 people watched

Wednesday, March 17, 2021. Tweet. Real estate brokerage Cushman & Wakefield Pacific has opened an office in Santa Clarita. Tucker Brown has been hired as associate director for the office, located at 25350 Magic Mountain Parkway. The Santa Clarita office marks the first Cushman & Wakefield flag in North Los Angeles.

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Preview: Anthem Building To Be Repositioned San Fernando

5 days ago . 58 people watched

That’s the vibe we’re going after.”. The remodel project should be finished by mid-2020 at an estimated cost of $50 million. As part of the project, the long-time Anthem logo atop the building will disappear, replaced by its name, Warner Landmark. Read the full story in the April 29 issue of the San Fernando Valley Business Journal.

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Another Tiny Home Community To Open San Fernando Valley

1 days ago . 57 people watched

Hope of the Valley Rescue Mission has announced it will open another transitional housing community, this time in Reseda, for people experiencing homelessness. The new location, to be called the Reseda Cabin Community, features 52 tiny homes and 100 beds. The site, located next to …

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Metrolink Launches Saturday Service On Ventura County Line

9 days ago . 59 people watched

Commuter rail operator Metrolink will launch a new Saturday service on its Ventura County Line beginning Saturday, connecting stations in Moorpark and Simi Valley through to several San Fernando Valley stations and Union Station in downtown Los Angeles. The service departs Moorpark Station at 8:52 a.m. and arrives at Union Station at 10:07 a.m.

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Apartment Complex Could Replace Auto Shop In Toluca Lake

6 days ago . 57 people watched

A new four-story apartment complex has been proposed for a Toluca Lake site that currently hosts an auto repair shop. Dubbed Whipple Gardens, the multifamily development – located at 4305 N. Lankershim Blvd. – would be a complex with 27 one- and two-bedroom apartments, 3,283 square feet of ground-floor storefront space and two levels of subterranean parking that can …

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Three Cities In Valley Region Named In Top 15 For Business

5 days ago . 59 people watched

2 days ago · Santa Clarita, Thousand Oaks and Burbank ranked among the top 15 in a Verizon Business report that looked at the country’s most “business-ready” cities. Verizon Business compiled the report to find cities that are poised for significant growth as the economy recovers from the COVID-19 pandemic

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Blackstone, Worthe To Develop Burbank Office Tower San

5 days ago . 56 people watched

The Blackstone and Worthe Real Estate alliance originally formed in 2017. To date, the two entities have invested $1.7 billion into 13 buildings and five development parcels. Blackstone has been eager to enter media production and this marks its latest entertainment-related investment. In August, the firm purchased nearly half of Hudson Pacific

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Sinclair Printing Sells Palmdale Warehouse For $15 Million

6 days ago . 59 people watched

By Michael Aushenker. Thursday, March 12, 2020. Tweet. Warehouse at 600 W. Technology Drive in Palmdale. Sinclair Printing has sold an industrial warehouse in Palmdale for $15 million. Greenlaw Partners acquired the 130,392-square-foot Antelope Valley property, located at 600 W. Technology Drive. Greenlaw has secured a tenant for the building.

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Former CBRE Industrial Brokerage Team Joins Colliers San

6 days ago . 58 people watched

The industrial real estate brokerage team of David Harding, Greg Geraci, Matt Dierckman and Billy Walk have joined Colliers International’s Los Angeles offices. The team heads to Colliers from CBRE, where, according to a Colliers statement, the brokers have built a reputation “as one of the top advisors of owners and tenants of warehouse

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Yesteryear’s Rent San Fernando Valley Business Journal

2 days ago . 57 people watched

Yesteryear’s Rent. By Michael Aushenker. Monday, May 24, 2021. Tweet. In the Valley’s multifamily market, the pandemic continues to impact rents and sales, despite political decisions to address financial pressures, according to landlords and brokers.

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For Tinhorn Flats, Is End An Eviction

2 days ago . 37 people watched

For Tinhorn Flats, Is End An Eviction? By Katherine Tangalakis-Lippert. Monday, June 21, 2021. Tweet. Tinhorn Flats, the Burbank bar that made national headlines earlier this year for defying COVID restrictions despite continued crackdowns by authorities, has been evicted by the property owner, the city of Burbank confirmed.

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Loop Media To Create Channel For Wiggles Children’s Band

4 days ago . 59 people watched

By Mark Madler. Monday, June 21, 2021. Tweet. Short-form video distributor Loop Media Inc. has inked a deal with the Wiggles to create a new streaming and broadcast channel from the children’s musical group. The Glendale company will curate thousands of hours of original content for The Wiggles Channel that will feature quality, educational

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Industrial Broker Joins Delphi San Fernando Valley

6 days ago . 52 people watched

Mike Centurioni, a commercial real estate broker for the last 18 years, has joined Van Nuys-headquartered Delphi Business Properties Inc. as a senior vice president. Centurioni’s background is primarily in industrial and office leasing and sales. He previously worked at Coldwell Banker Commercial, Colliers International and CBRE Group.

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Medical Offices For Lease After Conversion San Fernando

3 days ago . 57 people watched

Medical Offices for Lease After Conversion. By Michael Aushenker. Monday, June 21, 2021. Tweet. Investor Dr. Andrew Brooks announced last week that renovations of Westlake Village Medical Campus, a three-building property spanning 85,000 square feet, have been completed.

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Westcord Broker Denny Bloom Dies San Fernando Valley

2 days ago . 54 people watched

Longtime Westcord Commercial Group real estate broker Dennis “Denny” Bloom died Aug. 19, according to the company. He was 81. “He was a very big part of the Westcord organization that was founded in 1969 and will deeply be missed,” the Westlake Village brokerage said in a statement.

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California Resources Appoints First Chief Sustainability

5 days ago . 57 people watched

California Resources Corp. announced Monday the appointment of Chris Gould as the company’s first ever chief sustainability officer. The Santa Clarita-based oil company’s new appointment previously worked at Exelon, serving as senior vice president of corporate strategy and chief innovation and sustainability officer for more than a decade.

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Infrastructure Puts Tutor Perini On Growth Path San

Just Now . 53 people watched

Infrastructure Puts Tutor Perini on Growth Path. By Katherine Tangalakis-Lippert. Monday, June 21, 2021. Tweet. Despite slightly lower revenue, Tutor Perini Corp. reported 5 percent higher income from construction operations in the first quarter of this year compared to last, driven by a shift toward higher-margin projects in the civil segment.

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CSUN Receives $40 Million Gift, Largest In School History

9 days ago . 58 people watched

Tweet. California State University – Northridge announced Tuesday that it received a $40 million gift from philanthropist MacKenzie Scott and her husband Dan Jewett. Scott, who is the former wife of Amazon.com Inc. founder Jeff Bezos, made history with the gift, which is the most money the university has ever received from a single donor.

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MannKind To Co-Develop Lung Fibrosis Treatment San

9 days ago . 52 people watched

Mannkind Corp. has signed a collaboration agreement with Thirona Bio Inc. to further development of a new chemical owned by Thirona to treat lung fibrosis. FBM5712 is a small molecule inhibitor of the ALK-5 Kinase, which is being developed by …

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Masks Off As Westfield Topanga Mall Reopens San Fernando

2 days ago . 58 people watched

Masks Off as Westfield Topanga Mall Reopens. By Katherine Tangalakis-Lippert. Monday, June 21, 2021. Tweet. Westfield Topanga, the indoor mall in Canoga Park, has removed masking and social distance requirements for shoppers coming to its expanded retail and restaurant offerings as the state’s business restrictions were largely lifted on June 15.

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Cavitation Technologies Sells Vegetable Oil Systems San

6 days ago . 57 people watched

Monday, May 24, 2021. Tweet. Cavitation Technologies Inc. announced Monday it had received orders for four of its nano reactor systems from vegetable oil refineries in North America. The Chatsworth manufacturer expects to ship the reactors this quarter and they will generate total revenue of $1.4 million for the fiscal year ending on June 30

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Teledyne Subsidiary Joins Effort To Map World's Seafloor

5 days ago . 57 people watched

Teledyne Caris has entered a partnership with the Nippon Foundation-GEBCO Seabed 2030 Project and the U.K. Hydrographic Office to advance efforts to map the seafloor by 2030. Teledyne Caris in Fredericton, New Brunswick, Canada develops …

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PAGA Hurts Our Employees, Too San Fernando Valley

4 days ago . 51 people watched

Some San Fernando Valley business operators got together a few years ago to try to do something about a unique California law that can really whack businesses. They haven’t gotten very far. Well, they have succeeded in bringing more attention to …

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Regal Cinemas Takes Over ArcLight Location In Sherman Oaks

6 days ago . 59 people watched

Regal Cinemas, the second-largest movie theater chain in the nation, has taken over the 87,000-square foot space abandoned by embattled theater chain ArcLight at the Sherman Oaks Galleria. In April, ArcLight parent company Decurion Corp. announced that it …

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Nonprofit Regarding Her Awards Grants To Valley

6 days ago . 48 people watched

Regarding Her, a Los Angeles nonprofit that helps women restaurateurs, announced Tuesday the inaugural recipients of its grant program, including two in the San Fernando Valley. The organization partnered with DoorDash, the food delivery company, to provide $10,000 in cash grants to 15 women-owned

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Amgen Migraine Drug Aimovig Approved In Japan San

7 days ago . 51 people watched

Amgen Inc.’s migraine attack suppressant, Aimovig, has been granted marketing approval by the Japanese Ministry of Health, Labour and Welfare, the Thousand Oaks company announced Wednesday. More than half a million patients worldwide are prescribed Aimovig. It was approved in the U.S. in 2018. The

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Business Journal Wins Top Award – Again San Fernando

2 days ago . 56 people watched

9 hours ago · The San Fernando Valley Business Journal on Wednesday won the Gold award for Best Newspaper in a national contest of business journals and other local business publications. It is the fourth time in the last five years the Business Journal has won the top award from the Alliance of Area Business

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sfv real estate Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors San Fernando Warehouse Fetches $5.6 Million

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FAQ?

Is real estate a good investment right now?

Real estate is generally a great investment option. It can generate ongoing passive income and can be a good long-term investment if the value increases over time.

How much can you make in real estate?

Real estate is often a referral-based business. Those who are involved in the business longer typically are the most successful. Those with 16 years or more experience earned the highest real estate income: approximately $78,850 on average.

What is the best real estate market?

Dallas tops the list of real-estate markets over the period studied, exhibiting strong price appreciation, while remaining a market in which investors saw strong rents relative to property values.

What is the most expensive real estate in the US?

Manhattan real estate is the most expensive in the US per square foot with some properties topping $10,000: Study. Move over San Francisco — the Big Apple tops Silicon Valley as most expensive place to live in the United States, a new study shows.

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