Movies
British actor Timothy West, who played wartime leader Winston Churchill on screen three times and appeared in numerous Shakespeare plays, has died. He was 90.
Los Angeles County Luxury Homes for Sale
Best value lot in Bel-Air at $6.6M per acre. 788 Tortuoso Way is a majestic 3-acre site surrounded by homes in excess of $150M in the heart of Bel Air’s prime estate section.
California
Commercial Real Estate
Irvine-based Pendulum Property Partners acquired the 320,000-square-foot office building at 505 N. Brand Blvd. from a joint venture of Cruzan and Goldman Sachs Group for $56 million
Artificial Intelligence & Technology
Sherman Oaks-based Generation Genius Inc. was acquired in a transaction valued at $100 million by Newsela Inc. on February 5.
The Irvine Company acquired an 11,500-square-foot office building located at 190 Newport Center Drive for $18 million from Meadows Asset Management.
Gemdale USA sold the office building at 4500 Park Granada in Calabasas to a joint venture between Cross Ocean Partners and Palisade Group for $69.4 million, or $312 per square foot.
Health & Life Science
Agoura Hills-based biotech firm Acelyrin Inc. agreed to merge with San Francisco-based Alumis Inc. in a deal valued at $320 million on February 6.
INDUSTRY UPDATES
Avid Bioservices Inc., a Tustin-based biotech company, agreed to go private in an $850-million deal that values the company at $1.1 billion on Nov. 6.
Orange County
Newport Beach-based GivBux Inc., a publicly traded app and charitable giving platform, announced that it signed a letter of intent to acquire VitorganAmerica.shop for $39 million.