Large multifamily property in Simi nets $95M in sale
East Ventura County, Latest news, Real EstateThe Landing at Arroyo, a 212-unit multifamily property in Simi Valley, was sold for $95 million on Aug. 29. The sale was announced by Simi Valley-based Institutional Property Advisors, a division of Marcus & Millichap. With the $95 million price tag, each unit sold and was worth $448,113. The property is located between California State Read More →
Semtech shares beat Q2 estimates, stock gains 7%
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Latigo Bio shares positive news, appoints chief medical officer
Latest news, TechnologyThousand Oaks-based Latigo Biotherapeutics, a company with the mission of creating non-opioid pain medication, shared positive phase 1 results for its lead candidate. In its phase 1 clinical trial, data from LTG-001 showed that the oral treatment aimed to treat acute and chronic pain at its source was “well tolerated with rapid absorption.” The trial Read More →
Investments in AI make up the most of 2024 U.S. venture capital spending
Central Coast, Economy, Latest news, Subscriber content, Tri-County EconomyEven though venture capital investment is falling below previous peaks like in 2021 here in the United States, there is still money flowing, a report from Silicon Valley Bank found. According to the Aug. 13 report on the state of the market through the halfway point of the year, there is more capital flowing to startups Read More →