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Vesicor Therapeutics, a San Gabriel-based biotech firm developing p53-based cancer treatments, is set to go public through a $70 million merger with SPAC Black Hawk Acquisition Corp. The combined entity will trade on Nasdaq as Vesicor Therapeutics and plans to advance its novel cancer drug towards U.S. clinical trials.
Landmark Properties and Stockbridge have acquired a $100 million student housing portfolio, including Icon Plaza and West 27th Place, near the University of Southern California. This acquisition adds much-needed housing for USC students, where demand for off-campus options is high.
Flexbase Technologies acquires LA-based fintech Maza Financial for $40M. Learn about the deal involving the VC-backed (a16z+) small business finance tool.
Community Preservation Partners (CPP) acquired Witmer Manor, a 238-unit affordable housing complex in Los Angeles’ Westlake area, for $48.4 million.
Lincoln Property Co. Adds Brea-based Unire Portfolio to Create Southern California Management Leader
Lincoln Property Co. invests in Unire Real Estate Group, creating Southern California’s largest property management firm overseeing 110 million sq ft of commercial space.
Faropoint, a last-mile logistics specialist, expands its Southern California footprint by acquiring a four-building, 243,000 sq ft industrial portfolio in Ontario, CA.
Newly built Carson warehouse sold for $52.5 million ($410/sq ft) by Rexford Industrial; buyer plans significant cold storage conversion for food operations.
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