David Nusbaum is a contributing reporter and research consultant to LA Times Studios. He covers all sectors of business in Southern California focused on local companies, commercial real estate deals and M&A transactions. In addition, he compiles lists of the top banks, law firms, accounting firms and commercial real estate companies. His work has appeared in business publications nationwide including the Los Angeles Business Journal, Crain’s New York, Crain’s Cleveland, the Commercial Observer, and others.
Latest From This Author
Los Angeles-based PCCP LLC has acquired a 76-building apartment portfolio in the Bay Area (San Francisco & Oakland) from Veritas and Ivanhoe Cambridge for $540 million.
HCA Healthcare has acquired an 85,731-sq-ft medical office building in Thousand Oaks, home to Thousand Oaks Surgical Hospital, from Amoroso Companies for $70 million.
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The Irvine-based automaker has slowly and steadily made an entrance into the electric vehicle marketplace with their Wolf, an electric truck designed for the masses with a price point that will range from $40,000 to $46,000.
Irvine-based homebuilder The New Home Company Inc. has agreed to acquire Texas firm Landsea Homes Corp. for approximately $430 million.
Mill Creek Residential, in partnership with Rockwood Capital, has sold the 235-unit Modera Glendale apartment building at 600 N. Central Ave. for $126 million.
Irvine-based Masimo Corp. is selling its Sound United consumer audio business to Harman International, a Samsung subsidiary, for $350 million. The deal, expected to close by the end of 2025, allows Masimo to focus on its healthcare strategy and growth.
Harbor Associates LLC has sold a vacant Santa Ana office building at 2020 E. First St. to homebuilder Meritage Homes for $19.2 million. The site is approved for conversion into 86 townhomes and live-work units, reflecting a growing trend in commercial real estate redevelopment.