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Shares of Motorcar Parts of America Inc. jumped more than 25 percent on Tuesday after the maker and distributor of aftermarket automobile parts reported a fiscal second-quarter profit. Aecom Technology Corp. shares fell more than 7 percent after the construction management company gave an outlook for next year that missed Wall Street projections.
Rexford Industrial Realty Inc. on Monday reported a smaller-than-expected adjusted third quarter profit and announced an acquisition in North Orange County.
American Homes 4 Rent on Thursday said that its revenue skyrocketed in the third quarter on strong leasing activity, but the company still missed Wall Street estimates for its funds from operations.
Jacobs Engineering Group Inc. on Tuesday announced two acquisition-related deals in China and Brazil to build its overseas operations.
The family foundation of billionaire Los Angeles retail developer Rick Caruso and his wife Tina on Wednesday will announce a multi-million commitment to an educational program in the Watts section of Los Angeles.
PS Business Parks Inc. announced on Tuesday the pricing of its public offering, which it expects will gross about $103 million before underwriting discounts and offering expenses.
Hudson Pacific Properties Inc. reported wider losses after markets closed Monday, though the publicly traded real estate trust beat Wall Street expectations.
CBRE Group Inc. on Monday said that it had purchased an affiliated brokerage in South Carolina and a residential development consultancy in London.
Rexford Industrial Realty Inc. has acquired an industrial property in Yorba Linda at auction for $12.7 million.
New team takes wheel at raceway
Racing: New management team looks to revive Irwindale auto track after it had been driven into the ground.
Real Estate: Projects draw ‘low-income’ maps to tap EB-5.
Critics say developers have mapped out a means to tap a program that was meant to boost low-employment areas.
REAL ESTATE: RREEF pays $35.5 million for pair of North Beverly buildings.
Rodeo Drive might be the toniest shopping district in Beverly Hills, but lately it’s nearby North Beverly Drive that has investors and tenants clamoring for space.
The initial public offering of Marcus & Millichap Inc. went to market at a lower price than expected on Thursday, but then the Calabasas real estate brokerage saw its shares gain nearly 12 percent on their first day of trading.
Real estate investment trust Thomas Properties Group Inc. has called a special meeting for Dec. 17 so shareholders can vote on the company’s proposed acquisition by Parkway Properties Inc.
ACQUISITION: Thor buys Robertson Boulevard site in $27 million deal.
A major New York landlord is paying top dollar to make inroads in L.A.’s retail real estate.