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New York developer building 128-unit affordable housing project in Santa Clarita

The 128-unit project at Flying Tiger Drive is part of a two-development partnership that will deliver 211 affordable units by 2028.

Greater L.A. sees retail real estate stabilize with rising sale prices

High-profile acquisitions in the Inland Empire and Orange County helped drive a 15.7% quarter-over-quarter increase in median sale prices across Greater L.A.

Senior housing community The Marisol secures $252 million financing

The Marisol will include 214 units and is scheduled for delivery in 2028. The developer is working on three other senior housing sites in California.

Joint venture snags Orange County industrial park for $81 million

Q&A: Rexford Industrial CEO Laura Clark on her new role and strategy for the firm

WareSpace to carve Santa Fe Springs property into co-warehousing units

New York developer building 128-unit affordable housing project in Santa Clarita

The 128-unit project at Flying Tiger Drive is part of a two-development partnership that will deliver 211 affordable units by 2028.

Greater L.A. sees retail real estate stabilize with rising sale prices

High-profile acquisitions in the Inland Empire and Orange County helped drive a 15.7% quarter-over-quarter increase in median sale prices across Greater L.A.

Senior housing community The Marisol secures $252 million financing

The Marisol will include 214 units and is scheduled for delivery in 2028. The developer is working on three other senior housing sites in California.

Joint venture snags Orange County industrial park for $81 million

Harbor Associates and Farallon Capital Management acquired the Yorba Linda Commerce Center, a 280,000-square-foot multi-tenant industrial campus in Orange County.

Q&A: Rexford Industrial CEO Laura Clark on her new role and strategy for the firm

At the end of 2025, Laura Clark was named the new CEO of Rexford Industrial. The firm is following a plan to dispose of its riskiest and least valuable assets, already shedding six properties this year.

WareSpace to carve Santa Fe Springs property into co-warehousing units

The Maryland-based developer will redevelop the 61-year-old property into warehouse units ranging from 250 to 2,000 square feet.

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Consumer sentiments are sliding nationally. What about in Los Angeles?

Exclusive new data shows consumer sentiments are fading in most major areas. One major factor is fueling the declines.

Gifting 529 plans: A smart gifting strategy fueled by legacy planning

A 529 plan is one of the most effective vehicles for education savings, offering tax advantaged growth, flexibility, and potential estate planning benefits. What many people don’t realize is that you don’t have to be a parent or guardian to contribute.

Proposed California billionaire tax gets more than enough signatures for ballot, supporters say

Millions will be spent in the months ahead in the heated debate over a California wealth tax that supporters say has enough signatures for the November ballot.

Bank of Hope to acquire SMBC Manubank's commercial unit in L.A.

Chase reopens Pacific Palisades branch a year after fire destroyed previous location

Choose your own crypto adventure: A long-term investor’s guide

Consumer sentiments are sliding nationally. What about in Los Angeles?

Exclusive new data shows consumer sentiments are fading in most major areas. One major factor is fueling the declines.

Gifting 529 plans: A smart gifting strategy fueled by legacy planning

A 529 plan is one of the most effective vehicles for education savings, offering tax advantaged growth, flexibility, and potential estate planning benefits. What many people don’t realize is that you don’t have to be a parent or guardian to contribute.

Proposed California billionaire tax gets more than enough signatures for ballot, supporters say

Millions will be spent in the months ahead in the heated debate over a California wealth tax that supporters say has enough signatures for the November ballot.

Bank of Hope to acquire SMBC Manubank's commercial unit in L.A.

The deal adds eight Southern California branches and positions Bank of Hope to serve Korean and Japanese clients through a combined platform.

Chase reopens Pacific Palisades branch a year after fire destroyed previous location

The 5,500-square-foot location is larger than the one destroyed and includes two floors for customer meetings. JPMorgan Chase committed nearly $7 million to fire recovery efforts.

Choose your own crypto adventure: A long-term investor’s guide

Currently, over 55 million Americans have investments in crypto, and that number is expected to grow, with crypto creeping close to creating its own economy.

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Other

Propel Bio Partners

venture funding

Propel Bio Partners is proud to announce the closing of its newest investment fund, a $100 million injection that marks a pivotal phase of growth for the Los Angeles-founded and headquartered venture/incubator hybrid firm led by Kayne Anderson’s Richard Kayne and Dr. Leen Kawas, who serves as managing general partner. Founded in 2022, Propel backs companies developing therapies to treat rare diseases with significant unmet needs, with a focus on late-stage assets that are approaching key clinical and regulatory milestones or already in development. The firm pairs capital with hands-on support across clinical strategy, regulatory planning, and commercialization, based on a clear conviction: In medicine, scientific breakthroughs are no longer enough. “Too many promising therapies fail not because the science is flawed, but because execution, regulatory navigation, commercialization strategy, and operational discipline fall short,” said Dr. Kawas, who serves as Propel’s managing general partner. “Our model is designed to reduce execution risk. We bring clinical, regulatory, and commercial rigor alongside capital – a powerful combination that moves assets across the finish line.” Propel’s hybrid model is reflected in portfolio companies like EIT Pharma, a Washington-based firm whose lead asset for chronic hepatitis D is currently under new drug application review by the Food & Drug Administration – a notable milestone in a space with no FDA-approved therapies. Propel integrates patient voice and real-world disease experience into diligence, clinical strategy, regulatory planning, and commercialization modeling. Rather than focusing solely on abstract biomarkers or technical endpoints, Propel evaluates whether a therapy meaningfully changes how patients live with the disease and how their health care provider evaluates benefit. “We ask a broader question: are we solving a problem that is not only improving research clinical endpoint, but meaningful to the quality of life for the patient? That lens changes how you design trials, how you price products, how you engage physicians, and ultimately how you create durable value. At Propel, we are not just capital allocators.” Propel’s newest fund will continue to target late-stage biotech assets (both public and privately held) across infectious disease, oncology, and other high-need areas, with an emphasis on near-term development milestones.

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Accounting

8020 Consulting and Invoke

new product offering

New model combines deep finance domain expertise with AI and automation to deliver measurable ROI from day one while building toward enterprise scale 8020 Consulting, a finance and accounting advisory firm, and Invoke, an AI and automation company, today announced an exclusive partnership to address a widespread AI implementation hurdle in finance: the lack of finance domain expertise in AI technology and solutions. This disconnect leaves CFOs and finance leaders struggling to pursue successful AI strategies that deliver measurable ROI while managing financial and operational risk. The 8020 Consulting-Invoke partnership brings together consultants with extensive finance domain knowledge and real-world operational experience, along with professionals with deep technical expertise in automation and AI. This unique blend of talent enables the team to work alongside clients from strategy through execution, providing an unprecedented understanding of the operational and technological complexities facing today’s organizations and driving tangible business outcomes. "Finance teams aren't looking for another technology vendor. They're looking for a partner who understands their world—the close, the audit, the operational KPIs. One who can advise them on their AI and automation strategy and then work alongside them on execution, driving results that move the needle,” said Kellen Smith, CEO, 8020 Consulting. “That's what we built this partnership to be, and we built it to show results quickly, not just eventually." The best of both partners The strength of the partnership lies in the combination of core competencies. 8020 Consulting brings a team of expert finance and accounting consultants with a wide range of real-world technical and operational expertise, along with the institutional judgment to understand what a CFO, controller, or FP&A team needs from an AI solution. Invoke delivers deep technical expertise in AI and automation: designing the architecture, building the integrations, and deploying the workflows that empower CFOs and their teams to make better, data-driven, real-time decisions that drive organizational growth. Johnny Ramondino, President of Invoke, said, "The benefits of this partnership for the office of the CFO are twofold. 8020 delivers exceptional domain knowledge spanning month-end close, financial systems, monthly reporting, and business analytics. Invoke has the technical depth to not only build the tools but also recognize the meaningful distinctions among technologies. Together we create solutions that deliver value immediately and at scale.” The business benefits of empowered finance teams: ● Strategy plus execution: Most solutions in this space force clients to choose one or the other: an advisory firm that delivers a strategy without the technical execution or a technology firm that builds a solution without understanding the finance function. This partnership delivers both. Clients get the diagnosis, the design, and the delivery from a tenured consultant base that understands both sides. ● Deeper tech knowledge: Many finance tech implementations don’t account for the distinction between automation and AI. Automation excels at reconciliations, transaction matching, close checklists, and data movement. AI adds value when the work involves pattern recognition, variance interpretation, anomaly detection, or synthesizing inputs. Deploying them deliberately in the right context yields the best results. ● Reduced time-to-value: Unlike typical large implementations, which require significant investment before anything useful is in production, the 8020 Consulting-Invoke model is designed differently. Engagements are structured to deliver real, measurable value at each stage—not deferred until a future go-live date. That value can include a reconciliation that runs in minutes rather than hours, a variance analysis that writes itself, and more. The ROI compounds as the engagement progresses, and each component is built to integrate into the broader enterprise architecture rather than stand alone. ● Impactful progress: A rapid, abrupt technology transformation can actually slow the rate of change. Instead, the 8020 Consulting-Invoke approach is to start with focused projects that give teams time to learn, react, adapt, and buy into the new technology. This incremental process helps users build confidence and knowledge, enabling them to identify additional implementation opportunities and compound the impact of automation and AI over time. Learn more about the partnership: Organizations interested in learning how the 8020 Consulting-Invoke model applies to their environment can reach out to either firm at [email protected]. Initial engagements are structured as focused, scoped assessments designed to identify the highest-leverage opportunities and produce a clear path forward.

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Other

Kier + Wright and KWRE

moving

Texas doesn't slow down, and neither do the teams building what comes next. As power and infrastructure activity continues to accelerate across the state, Kier + Wright and its energy affiliate, KWRE, have moved into a new office location in Austin. The shared space brings both teams under one roof, fostering day-to-day collaboration while establishing Austin as a central hub for KWRE's power-focused work across Texas. It's a move that reflects where the market is headed—and how K+W and KWRE are positioning themselves to lead within it. As K+W's renewable energy arm, KWRE leads the firm's efforts in power and energy markets, with a particular focus on grid interconnection, power supply strategy, and supporting the complex permitting and coordination required to bring large-scale energy projects online. The new Austin location supports closer coordination between civil and energy teams as infrastructure and energy demands increasingly converge. As projects grow in scale and complexity, having both disciplines working side by side allows teams to stay aligned from the earliest stages of planning through final construction support, reducing friction, compressing timelines, and delivering better outcomes for clients. At the same time, K+W is expanding its presence in the region's rapidly growing industrial and data center markets. Central Texas has become a magnet for advanced manufacturing, industrial development, and hyperscale data center investment. Each of these sectors demands sophisticated site design, careful utility coordination, and reliable power delivery—requirements that sit squarely at the intersection of K+W's civil engineering capabilities and KWRE's energy expertise. By strengthening its footprint in Austin, K+W is positioning its teams to better serve manufacturing and industrial clients navigating complex entitlement and infrastructure challenges, as well as developers delivering mission-critical data center facilities where uptime, power reliability, and schedule certainty are non-negotiable. Together, K+W and KWRE provide integrated support across civil engineering, land development, power supply strategy, and interconnection applications—helping projects move efficiently from concept through energization. This end-to-end capability is increasingly valued by clients who want a coordinated team rather than a fragmented set of consultants working in silos. The Austin office makes that integrated approach more accessible to clients across the Texas market. "Austin has evolved into a key hub for our power work in Texas," said Chuck McCallum, CEO of K+W and Co-Founder of KWRE. "This new office gives our teams the space and flexibility they need to collaborate effectively while continuing to support clients in a fast-moving and opportunity-rich market. We're excited about what we're seeing across the region and confident that this investment positions us well for the years ahead." From early feasibility through construction support, the Austin office provides a front-row view of one of the most active energy and infrastructure markets in the country. With power demand accelerating statewide—driven by population growth, industrial expansion, and the surging energy appetite of data centers—the location allows KWRE to stay closely connected to utilities, regulatory agencies, and project partners across the ERCOT footprint. At the same time, it supports K+W's broader infrastructure and industrial development work, keeping the firm close to the clients and communities shaping the next chapter of Central Texas growth. As manufacturing, logistics, and data-driven industries continue to expand across Texas, the need for coordinated site development and dependable power solutions only grows. Developers, operators, and municipalities alike are looking for partners who understand both the land-side complexity and the power-side requirements of large-scale projects. That's precisely where the combined strengths of K+W and KWRE are uniquely aligned—and where the Austin office will play an increasingly important role. The Austin office is now located at 9430 Research Boulevard, Echelon Building 1, Suite 250, Austin, Texas 78759, serving as a central base for Texas-based teams and a point of connection for ongoing project activity across the region. More than a new address, this move reflects a continued investment in Texas and a long-term commitment to how work gets done. By creating a shared space that supports collaboration across growing power, industrial, and infrastructure efforts, K+W and KWRE are strengthening their ability to serve clients across one of the country's most dynamic and rapidly evolving markets. The work happening in Texas right now is significant—and K+W and KWRE intend to be at the center of it.

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