LABJ WEEKLY EDITION

LA500 Special Issue: The Most Influential People in L.A.

The Business Journal unveils its fifth annual LA500 list, honoring the most influential leaders and executives in Los Angeles.

Sale Leasebacks Expected to Become Increasingly Popular

After seeing increased popularity in the third quarter, sale leaseback deals seem poised for strong growth in the months ahead.

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Relativity Space Raises $500 Million, Plans to Launch 3D-Printed Rockets Next Year

The short five-year history of Relativity Space Inc. is like something out of a startup storybook.

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How EV Maker Fisker Scored With Wall Street

Shortly after its Oct. 30 debut on the New York Stock Exchange, electric vehicle startup Fisker Inc. was valued at about $2.9 billion.

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LABJ Insider: A Holiday Season Like No Other

So, this is how Los Angeles does the holidays now, with late-night curfews and curbside retail pickup and empty outdoor dining areas.

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Northwestern Mutual Pays $166 Million for Santa Monica Office Campus

Office sales may have slowed during the Covid-19 pandemic, but some big transactions are still taking place.

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SpaceX Sets Mark for Rocket Reuse

Space Exploration Technologies Corp. successfully reused a first-stage rocket booster for the seventh time during a launch last week that deployed another 60 satellites as part of its ambitious Starlink program.

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Multifamily Portfolio Sells for $142 Million

Raintree Partners has purchased a multifamily portfolio for $142 million from an unnamed private seller.

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Salon Software Platform Boulevard Raises $27 Million

West Hollywood-based salon and spa software platform Boulevard Labs Inc. has raised $27 million in Series B funding.

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MeUndies Secures $40 Million Investment From Provenance

MeUndies Inc. received a fresh injection of capital this month to expand its popular online underwear subscription service.

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Rancho Dominguez Caster Maker Is Aquired

Aerol Co. Inc. is packing its bags for the Midwest.

Retail Real Estate Market Shows Some Life After Months of Struggle

Covid-19 has affected the retail environment, with a rapid shift to ecommerce reshaping the shopping experience for businesses and consumers.

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Freight Company DHX Finally Wraps Deal for Hawaiian Express

A Rancho Dominguez-based freight forwarding company’s latest deal was decades in the making.

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Anastasia Reaps Benefits From Global Digital Push

Anastasia Beverly Hills Inc. has figured out a way to increase international sales.

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American Honda Plans to Unify Multiple US Operations

Come April, Honda’s operations in North America will be more unified.

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Capricor, ImmunityBio, City of Hope Make Progress on Covid-19 Vaccines

Local biotech teams are making progress on their Covid-19 vaccine candidates.

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Protomer Secures Additional Funding for Insulin Platform

Pasadena-based biopharmaceutical startup Protomer Technologies Inc. has closed a second investment raise for a drug platform that includes an insulin product.

UCLA Health, Regeneron Plan Large Genetic Sequencing Project

In one of the largest genomic medicine ventures in the nation, UCLA Health has entered into a research agreement with Regeneron Pharmaceuticals.

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TenantBase Looks to Ease Office Leasing Process With Digital Platform

Santa Monica-based commercial real estate platform TenantBase Inc. is growing through new partnerships and expanding into new markets.

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Safco Capital Acquires West LA Office Building for $12 Million

A three-story office building in West Los Angeles known as Camden Gardens has sold for nearly $12 million.

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Long Beach Apartment Buildings Sell for $14 Million

A portfolio of seven apartment buildings with a combined 60 units has sold in Long Beach for $14 million.

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Executive Insights

In the midst of headlines about layoffs and shutdowns, L.A. business leaders seem to be ramping up

How LA Wealth Managers Are Handling the Wealthiest’s Portfolios During the Pandemic

While the pandemic’s economic impact has been devastating for some Angelenos, most of L.A.’s well-heeled have been relatively insulated from the financial fallout.

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Demand Heats Up for Hot Tubs

When Dana Camarillo realized her family wouldn’t go on their usual summer vacation because of the pandemic, she looked to create a relaxing getaway in her West Los Angeles backyard.

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LA’s Oldest Toy Store Kip’s Toyland Still in Play After 75 Years

Kip’s Toyland, the oldest toy store in Los Angeles, has witnessed a lot of changes during its 75 years but nothing quite like the Covid-19 pandemic.

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For SpaceX, Latest Launch Is a Big Leap

Space Exploration Technologies Corp. launched one of the highest-profile missions in the company’s nearly two-decade history on Nov. 15, sending four astronauts to the International Space Station.

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LABJ Insider: Legally Speaking, These Lawyers Are the Best

Top attorneys throughout Los Angeles came together for our Leaders in Law virtual event, which singled out legal eagles across a range of categories.

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