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Los Angeles-based Snap Inc. acquired Saturn, a popular calendar app for high school and college students, bringing its team of nearly 30 employees to enhance Snap’s engagement with Gen Z users.
JRK Property Holdings invested $315 million in two separate acquisitions: the 401-unit Chase Knolls apartment community in Sherman Oaks and the 283-unit WestEnd 25 high-rise in Washington, D.C.
Culver City’s Stackup, a digital asset management platform, raised $4.2 million in Seed funding to accelerate development of solutions that simplify crypto operations for businesses, including a new direct banking integration feature.
Irvine’s Five Point Holdings is set to acquire a 75% stake in Hearthstone Residential Holdings for $59.25 million, expanding its focus on managing institutional capital in residential for-sale housing.
InvenTrust Properties Corp. sold a five-property retail portfolio in Southern California for $306 million to strategically reallocate capital to growth markets in the Sun Belt.
Redondo Beach aerospace firm Senra Systems secured $25 million in Series A funding to revolutionize wire harness design and manufacturing for modern technology, especially in the aerospace and defense sectors.
Chimera Investment Corp., a New York-based loan platform, is set to acquire Santa Ana’s HomeXpress Mortgage Corp., expanding its reach in mortgage loan origination across 46 states and D.C.
Terreno Realty Corp. expands its industrial real estate portfolio with the $49.5 million acquisition of a 134,000-square-foot warehouse in Santa Ana, fully leased to Home Depot.
Los Angeles-based Alkeme Insurance, a nationwide brokerage firm, secured strategic investments from GCP Capital Partners and Apollo S3 to fuel its expansion in the insurance market.
Los Angeles-based logistics firm Warp secured $10 million in Series A funding to expand its AI systems and launch a fully robotic cross-dock, automating the freight lifecycle.
