San Fernando

Yanni Raz, "The King of Hard Money" arrives to Chatsworth, CA

Retrieved on: 
Thursday, September 7, 2023

LOS ANGELES, Sept. 7, 2023 /PRNewswire/ -- With permits approved, Yanni Raz is ready to start demolishing two houses in Chatsworth, CA to make room for a multi-unit building.  Construction is set to start at the end of 2023.

Key Points: 
  • LOS ANGELES, Sept. 7, 2023 /PRNewswire/ -- With permits approved, Yanni Raz is ready to start demolishing two houses in Chatsworth, CA to make room for a multi-unit building.
  • Plans are ready to build a 36-unit building in a great location of the San Fernando Valley.
  • The need for housing is there, said Raz, and we are offering a realistic solution to a problem that has become permanent.
  • Yanni Raz is the CEO of HML Investments a Hard Money Lending company founded in 2014 and is based in the San Fernando Valley.

Island Pacific Supermarket opens its 19th location at Granada Hills

Retrieved on: 
Thursday, August 10, 2023

WALNUT, Calif., Aug. 10, 2023 /PRNewswire/ -- The highly anticipated opening of the 19th Island Pacific location has community members in the San Fernando Valley lining up with excitement for the new Island Pacific in Granada Hills recently for its soft launch last Friday, July 28th.

Key Points: 
  • WALNUT, Calif., Aug. 10, 2023 /PRNewswire/ -- The highly anticipated opening of the 19th Island Pacific location has community members in the San Fernando Valley lining up with excitement for the new Island Pacific in Granada Hills recently for its soft launch last Friday, July 28th.
  • One of the unique features of Island Pacific Granada Hills, similar to its Lake Forest location, is its commitment to promoting Filipino culture and language.
  • The grand opening of Island Pacific Granada Hills promises to be a one-of-a-kind event, filled with exciting activities, performances, and special guests.
  • For those who want to learn more about Island Pacific Granada Hills and its events and products, please visit www.islandpacificmarket.com .

PACSUN RAISES THE BAR FOR RESALE AND STREETWEAR WITH LAUNCH OF SECOND PS RESERVE SPACE IN LOS ANGELES

Retrieved on: 
Monday, May 15, 2023

LOS ANGELES, May 15, 2023 /PRNewswire/ -- Today, Pacsun continues its expansion of PS Reserve, the custom-curated resell platform for limited-edition streetwear apparel, sneakers, and accessories, created in partnership between Magnolia Park owner and CEO Miki Guerra and Pacsun.

Key Points: 
  • Continuing the momentum of the resale initiative, Pacsun officially unveiled its latest dedicated PS Reserve space at Glendale Galleria over the weekend.
  • The PS Reserve section, headlined in neon, is showcased against sleek marble walls with glass displays spotlighting each individually curated piece.
  • This marks the second PS Reserve space in Southern California, following the first full wall in-store installment that debuted at Pacsun's Fashion Island location in December 2022.
  • In conjunction with the launch, Pacsun and Guerra unveiled the "Peace & Water" collection by Miki and New Era Cap.

Mercury Insurance Recognized as 'Best of the Southland' by Los Angeles Times' Readers

Retrieved on: 
Tuesday, November 29, 2022

LOS ANGELES, Nov. 29, 2022 /PRNewswire-PRWeb/ -- Mercury Insurance (NYSE: MCY) has been recognized by Los Angeles Times readers as the overall best insurance service in the Southland.

Key Points: 
  • LOS ANGELES, Nov. 29, 2022 /PRNewswire-PRWeb/ -- Mercury Insurance (NYSE: MCY) has been recognized by Los Angeles Times readers as the overall best insurance service in the Southland.
  • The Los Angeles Times invited readers to nominate their favorite businesses for the Times' "Best of the Southland" awards for 2022.
  • Businesses and services throughout the Greater Los Angeles area were rated throughout five regional zones.
  • "It's an honor to be recognized as one of the best insurance companies in our home state of California.

Mercury Insurance Recognized as 'Best of the Southland' by Los Angeles Times' Readers

Retrieved on: 
Tuesday, November 29, 2022

LOS ANGELES, Nov. 29, 2022 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) has been recognized by Los Angeles Times readers as the overall best insurance service in the Southland.

Key Points: 
  • LOS ANGELES, Nov. 29, 2022 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) has been recognized by Los Angeles Times readers as the overall best insurance service in the Southland.
  • The Los Angeles Times invited readers to nominate their favorite businesses for the Times' "Best of the Southland" awards for 2022.
  • Businesses and services throughout the Greater Los Angeles area were rated throughout five regional zones.
  • "It's an honor to be recognized as one of the best insurance companies in our home state of California.

Mission Valley Bancorp Reports Third Quarter 2022 Results

Retrieved on: 
Monday, October 31, 2022

SUN VALLEY, Calif., Oct. 31, 2022 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $1.8 million, or $0.53 per diluted share, for the third quarter of 2022, compared to net income of $ 1.7 million, or $0.52 per diluted share, for the third quarter of 2021.

Key Points: 
  • SUN VALLEY, Calif., Oct. 31, 2022 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $1.8 million, or $0.53 per diluted share, for the third quarter of 2022, compared to net income of $ 1.7 million, or $0.52 per diluted share, for the third quarter of 2021.
  • Net Interest Margin was 4.66% for the third quarter of 2022 compared to 3.84% for the third quarter of 2021.
  • There was no grant income in the third quarter of 2022 compared to $1.8 million in the third quarter of 2021.
  • Mission Valley Bancorp is a bank holding company headquartered in Sun Valley, California with two wholly owned subsidiaries Mission Valley Bank (the "Bank") and Mission SBA Loan Servicing LLC ("Mission SBA").

Mission Valley Bancorp Reports Second Quarter 2022 Results

Retrieved on: 
Friday, July 29, 2022

SUN VALLEY, Calif., July 29, 2022 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $0.7 million, or $0.20 per diluted share, for the second quarter of 2022, compared to net income of $ 1.6 million, or $0.48 per diluted share, for the second quarter of 2021.

Key Points: 
  • SUN VALLEY, Calif., July 29, 2022 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $0.7 million, or $0.20 per diluted share, for the second quarter of 2022, compared to net income of $ 1.6 million, or $0.48 per diluted share, for the second quarter of 2021.
  • Non-Interest Income was $2.0 million for the second quarter of 2022, a decrease of $0.3 million or 14.34%, compared to the second quarter of 2021
    $14.2 million in Small Business Administration ("SBA") loans were sold in the second quarter of 2022 resulting in gain on sale of $0.8 million.
  • Provision for Loan Losses of $0.4 million in the second quarter of 2022 due to loan growth compared to no provision in the second quarter of 2021.
  • Mission Valley Bancorp is a bank holding company headquartered in Sun Valley, California with two wholly owned subsidiaries Mission Valley Bank (the "Bank") and Mission SBA Loan Servicing LLC ("Mission SBA").

Quixote Studios Acquires Iconic Chandler Studios, the Tenth New Stage That the Production Behemoth Quixote Will Bring Online Early This Year

Retrieved on: 
Thursday, February 24, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220223006464/en/
    The former Chandler Valley Center Studios are being renamed Quixote Chandler!
  • The Chandler stages, which will be renamed Quixote Chandler, opened in 1996 on Chandler Boulevard in the central San Fernando Valley.
  • Mikel Elliott, CEO of Quixote Studios, said, The Chandler stages are a unique gem and well upgrade them befitting the Quixote brand.
  • Quixote Chandler is expected to book quickly by streamers and commercial producers who expect only the best from Quixote.

Mission Valley Bancorp Reports Full Year and Fourth Quarter 2021 Results and Announces Cash Dividend

Retrieved on: 
Monday, January 31, 2022

Net income for the fourth quarter of 2021 was $0.9 million, or $0.26 per diluted share, compared to net income of $1.1 million, or $0.33 per diluted share, for the fourth quarter of 2020.

Key Points: 
  • Net income for the fourth quarter of 2021 was $0.9 million, or $0.26 per diluted share, compared to net income of $1.1 million, or $0.33 per diluted share, for the fourth quarter of 2020.
  • Mission Valley's board of directors declared a cash dividend of $0.15 per share on January 25, 2022.
  • President and Chief Executive Officer Tamara Gurney commented, "Mission Valley finished 2021 with strong financial results for the year.
  • Mission Valley Bancorp is a bank holding company headquartered in Sun Valley, California with two wholly owned subsidiaries Mission Valley Bank (the "Bank") and Mission SBA Loan Servicing LLC ("Mission SBA").

Mission Valley Bancorp Reports Second Quarter 2021 Results

Retrieved on: 
Monday, August 2, 2021

SUN VALLEY, Calif., Aug. 2, 2021 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $1.6 million, or $0.48 per diluted share, for the second quarter of 2021, compared to net income of $398 thousand, or $0.12 per diluted share, for the second quarter of 2020.

Key Points: 
  • SUN VALLEY, Calif., Aug. 2, 2021 /PRNewswire/ --Mission Valley Bancorp (OTCQX: MVLY, "Mission Valley", or the "Company") announced today net income of $1.6 million, or $0.48 per diluted share, for the second quarter of 2021, compared to net income of $398 thousand, or $0.12 per diluted share, for the second quarter of 2020.
  • Net income for the second quarter of 2021 was $1.6 million, an increase of $1.2 million, or 291.46%, compared to net income of $398 thousand for the second quarter of 2020.
  • Diluted earnings per share was $0.48 per share for the second quarter of 2021 compared to $0.12 per share for the second quarter of 2020.
  • No provision for loan losses in the second quarter of 2021 compared to $800 thousand in the second quarter of 2020.