Los Angeles Business Journal


Beach Hotel’s Revamp Aims For Big Splash

Santa Monica’s Loews checks into $30 million renovation project.

Loews Santa Monica Beach Hotel looks to shore up its seaside appeal with a $30 million makeover.

Passion for Cars Shifts Gears

When Paran Johar gets ready to drive to work, he has his pick of impressive autos: a Mercedes, Jaguar, Chevrolet Camaro convertible and custom Triumph, among others.

Regional Report

News and notes from communities across Los Angeles County

Lee & Associates, an Orange-headquartered commercial real estate services firm, has opened an office in Pasadena, the firm’s 27th in California.

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Stepping Out

FOOTWEAR: Shoes of Prey puts design decisions in hands of consumers while taming added costs of custom-made products.

Shoes of Prey touts its customer-designed products as the next step in connecting with consumers.

Toymaker’s Tablet Deal Plays Well on Wall Street

MANUFACTURING: New line of Barbies may also lift struggling Mattel’s stock.

Mattel’s pickup of tablet maker Fuhu pushes the right buttons with investors.

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Looking Up

Trumark Urban moves into downtown L.A.’s tight condo market with luxury tower project.

Developer Trumark Urban is high on prospects in downtown Los Angeles for its luxury condos.

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Prices Often Hottest Topic for Ice-Cream Shops

FOOD: Businesses look to balance expenses with mix of low-, high-cost flavors.

Here’s the scoop: Artisanal ice-cream shops find consistent menu prices pay off in more sales.

L.A.’s Ad Tech Firms Connected With Healthy 2015

ONLINE: SteelHouse, others saw revenue soar with help of ‘programmatic’ process.

Revenue surged last year as SteelHouse and other ad tech firms continued to click with clients.

Online Subprime Lender Banks on Diverse Hiring

EMPLOYMENT: Women engineers particular focus in hiring for ZestFinance.

ZestFinance is trying to increase its employee diversity and the company wants the world to know why.

Downtown Renaissance Coming In on the Money

ECONOMY: Area boosters tout bright financial picture beyond pricey real estate.

Downtown L.A.’s renaissance has spread well beyond residents moving into high-price apartments and is now boosting the entire economy.

Boutique Firm Rules in Favor of Youthful Hires

STAFFING: Wilkinson Walsh founders hope to make their case with younger associates.

New boutique law firm Wilkinson Walsh + Eskovitz is banking on youth.

SPECIAL REPORT: Tech's New Stages

Entertainment Law

Joe Calabrese works on major entertainment deals around the world out of law firm Latham & Watkins’ Century City office.

SPECIAL REPORT: Tech's New Stages


John Cohen might not be a household name but the Hollywood movie producer is a megastar in the animation community.

SPECIAL REPORT: Tech's New Stages


Eighteen months ago, West Hollywood actress Ruth Connell was struggling to get auditions, let alone roles.

SPECIAL REPORT: Tech's New Stages


Summer Watson has studied as an opera singer at London’s prestigious Royal College of Music, scored a No. 1 album on the U.S. classical charts and performed for royalty and celebrities on the world’s leading concert stages.

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SPECIAL REPORT: Tech's New Stages

How does an old-fashioned form of entertainment such as live theater survive and thrive in an era when so many consumers stream their entertainment at home and on mobile phones?


Calendar of events


Upcoming conventions

Auto Dealerships Helped Drive Deal for Center

SALE: Decron gives credit to broad tenant lineup for $84.5 million transaction.

Decron Properties, an L.A. real estate and management firm that made a $30.3 million wager on a struggling shopping center in the San Gabriel Valley nearly two decades ago, has seen its bet pay off.

Parking Up the Wrong Tree

An assemblyman’s Parking Bill of Rights needs an important amendment, Charles Crumpley writes.

Costs Hit Too Close to Home

L.A. housing grabs bigger chunk of owners’, renters’ income than other more famously high-price areas.

A variety of factors has opened the door to L.A.’s high costs for homeowners and renters, writes Ted M. Handel.

Ex-CEO Says Unique Approach Powered American Apparel

American Apparel’s ousted founder Dov Charney writes how the new owners are a poor fit for the clothing company.

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Brothers Divided by Air Line Feud

AVIATION: Surf Air co-founder alleges stake devalued in scheme.

Lawsuit by Surf Air co-founder David Eyerly alleges investors schemed to devalue his stake in the company.

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Dov Charney Refuses to Fold

CLOTHING: Founder to start rival to American Apparel?

Dov Charney and his backers look to stitch together a future in fashion for the founder of American Apparel.

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Way In on Way Out?

FINANCE: Developers fear short stay for EB-5 visa program that serves as low-cost funding source for projects.

EB-5 visa program’s financial benefit to developers could be scrapped over fraud concerns.

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SPECIAL REPORT: New Scene Checks In

Once known for rock ‘n’ roll excess, Sunset Strip now making room for hotel developments aimed at reviving area as must-visit destination.

Hoteliers are setting projects in famed rock ‘n’ roll mecca the Sunset Strip.