LA BUSINESS JOURNAL DAILY NEWS
New York Life Real Estate Investors picked up the Rubix Hollywood apartments this month for $109 million.
An 8,800-square-foot retail site in Beverly Grove just sold for $7.5 million with plans for a larger development.
A retail complex on a gritty stretch of Glendale Boulevard in Echo Park is prepping for a makeover.
Paula Schneider, chief executive of American Apparel, will reportedly step down from her post next month less than two years after taking the job.
SGN renames itself Jam City as well as acquires rights to ‘Peanuts’ franchise, ULA sends Pentagon letter criticizing SpaceX explosions, Tinder invests in Hey Vina!, and more.
SGN has renamed itself Jam City in a rebranding effort aimed at better reflecting its portfolio of games.
Nine cities in Los Angeles County have been named as finalists for the most business-friendly award to be handed out this fall by the Los Angeles County Economic Development Corp.
The Port of Long Beach is getting a new interim chief executive.
Faraday Future’s main backer receives $1 billion to pursue electric cars, Hulu orders two virtual reality shows, job candidate screening startup Imbellus raises $4 million, and more.
Le Holdings Co. of China, the main backer of electric car startup Faraday Future, announced on Monday that it raised $1.08 billion from a group of Chinese investors to develop an electric car. Le Holdings Co. of China, the main backer of electric car startup Faraday Future, announced on Monday that it raised $1.08 billion from a group of Chinese investors to develop an electric car.
Newmark Grubb Knight Frank has nabbed another power broker.
The sprawling two-month-old Sports Museum of Los Angeles, which chronicles baseball from its infancy and details the Dodgers move from their Brooklyn beginnings to Chavez Ravine, has closed its doors to the public.
TX Zhuo and Eva Ho raising $50M for Fika Ventures, Gamblit Gaming to add gambling to virtual reality game, Tinder adds music matching from Spotify to profiles, and more.
Gunpowder & Sky, Van Toffler and Floris Bauer’s recently launched digital content studio, announced today that it has acquired independent content sales and distribution company, FilmBuff. Terms of the deal were not disclosed.
Downtown’s Broad Museum of Contemporary Art had a banner inaugural year, drawing in more than 820,000 visitors, according to figures the museum released Tuesday.
Medical marijuana dispensary owners submitted more than 100,000 signatures Monday in their bid to place a measure on the Los Angeles city ballot in March to give the 135 dispensaries in operation before a 2007 moratorium priority in bidding for dispensary licenses.
Elon Musk announces spacecraft could go beyond Mars, Beats Electronics lawsuit continues, and Riot Unveils college League of Legends competition.
Los Angeles Mayor Eric Garcetti on Monday named the city’s first-ever oil administrator to regulate the safety of oil operations within the city.
Media mogul Haim Saban has priced an initial public offering for his Saban Capital Acquisition Corp., seeking to raise $235 million for the “blank check” company that would acquire an as-yet unidentified media business.
Emmis Communications Corp., parent of Los Angeles Magazine, is about to close a sale of one of its other crown jewels: Texas Monthly.