Latest news with #MMCC
Yahoo
5 days ago
- Health
- Yahoo
Toxic algae sicknesses declining, marine animal rescue org says
Congratulations, Southern California. Experts say the worst of the deadly algae bloom is over. The Marine Mammal Care Center in San Pedro on Wednesday announced that 'there have been no new patients showing signs of domoic acid (DA) toxicosis this past week and no signs of Pseudo-nitzschia algae detected in Southern California waters as of Friday.' In the past few months, animals like birds, sea lions and marine mammals have been sickened or killed by domoic acid poisoning, which is brought on by algae blooms. The flood of sickened animals overwhelmed veterinarians and care centers near the Southern California coast, though many of those animals that were treated were able to recover from the potentially fatal toxin. 'This was the longest, most toxic, and deadliest bloom we've ever experienced,' the MMCC said. 'Because of your support and advocacy, we got through it, and hundreds of marine mammals received a second chance at life!' Though the worst of this crisis appears to be over, the MMCC is preparing for the next battle by expanding its facilities and increasing patient capacity. As LAist notes, climate change is making oceans more acidic as they absorb more carbon dioxide, conditions that allow many algae to thrive. 'And some of those algae, like Pseudo-nitzschia, produce the toxic domoic acid,' LAist explains. 'We're seeing these types of events happening year after year after year. And they're increasing in their intensity and their frequency,' David Bader, a marine biologist with the MMCC, told LAist. As a result, the MMCC is currently fundraising to assist in that preparation effort. 'We couldn't have made it through without your support,' the organization added. 'Thank you for every donation, comment, and share. Here's a big California sea lion-sized thank you from all of us at MMCC!' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
22-03-2025
- Health
- Yahoo
Toxic algal bloom outbreak underway along California's coastline leading to strandings of dolphins, seals
SAN DIEGO – Marine life care centers across Southern California are reporting a surge in the number of stranded dolphins and sick seals, likely caused by a growing toxic algal bloom off the coast. The Marine Mammal Care Center, based in the greater Los Angeles area, and SeaWorld San Diego have reported responding to dozens of stranded animals, many of which are likely victims of the algae Pseudo-nitzschia. According to NOAA, when marine mammals ingest shellfish contaminated by the algae, toxins can accumulate, leading to seizures, brain damage and even death. "This week, we saw more stranded dolphins (both alive and deceased) than we saw during the major domoic acid (DA) bloom in 2023," staff at the MMCC stated. "Recent testing in SoCal shows increased levels of the algae that produces DA, and we anticipate that it will only get worse in the coming weeks." During previous significant outbreaks, the neurotoxin did not appear to harm fish or pose a risk to swimmers. However, the public has been warned not to approach any stranded mammals. The California Department of Public Health has issued an alert for residents not to eat sport-harvested mussels, clams, or scallops from Santa Barbara County. The agency warned that cooking does not destroy the toxin, and human symptoms include loss of balance, lack of muscular coordination, slurred speech, and difficulty swallowing. The warning does not apply to commercially harvested shellfish, which are subject to frequent testing for potential toxins. Mexico Unveils Plan To Tackle Caribbean Seaweed Invasion At Popular Beaches According to NOAA, significant upwelling of water helps the algae bloom grow along the immediate coastline. The phenomenon is common during the spring and summer, as winds mix colder waters with warmer surface waters. While agencies were concerned about the potential health impacts of runoff from recent fires, they believe the current event is directly tied to the Pseudo-nitzschia bloom. Locals say that significant blooms typically occur every 4-7 years, but they have noticed an uptick in activity in recent years, which could be due to various factors. "Domoic acid is a naturally occurring toxin that has existed for centuries and was first identified in Japan in the late 1950s. Although domoic acid wasn't detected in California until 1991, the prevalence of toxic algal blooms along the Pacific coast has increased dramatically in recent years. Researchers say human activities like increased fertilizer use, sewage runoff, and warming waters due to climate change create the types of conditions in which algal blooms like these thrive," the center stated. What Viruses Make Up A Red Tide Bloom? If you spot a stranded animal, the MMCC advises there are several steps you can take to help. First, keep at least 50 feet away from the animal to minimize stress and call the stranding hotline at 1-800-399-4253 to report your location. The worst thing you can do, experts say, is try to interfere with the animal or push it back into the water. Finally, marine experts suggest keeping noise to a minimum and ensuring dogs and large article source: Toxic algal bloom outbreak underway along California's coastline leading to strandings of dolphins, seals
Yahoo
13-03-2025
- Health
- Yahoo
Marine mammals in California getting sick from algae: Care center
(NewsNation) — The number of current marine animals that are likely affected by toxic algae bloom has gone up noticeably, one California care center said last week. 'Over the last week, the number of current MMCC patients likely impacted by the toxic algal bloom has more than tripled,' the Marine Mammal Care Center said last Wednesday on Instagram. Marine Mammal Care Center said it does not know how long the domoic acid outbreak will last, but if it continues to bring in 3 to 5 animals per day, 'these numbers will add up quickly.' The organization, based in San Pedro, California, warned that because it is also the time of year when starving young elephant seal pups start to strand along the Los Angeles County Coastline, the MMCC's hospital could see capacity issues. Brain's immune system could treat Alzheimer's: Study In 2023, the Marine Mammal Care Center had 70 sea lions in its care by July, KNBC reported. Now, the center is already half full. John Warner, CEO of the Marine Mammal Care Center, said in an interview with KNBC that they have room for about 120 animals and are now at more than 50. 'While we are concerned about the long-term health of marine mammals and the ocean environment due to the toxic chemical runoff from the recent fires, we believe the current situation on our coast is due solely to domoic acid toxicosis (DA) and the confirmed prevalence of Pseudo-nitzschia australis (the type of algae that produces DA) along the Southern California Coast,' the Marine Mammal Care Center said. Domoic acid, according to the center, is a neurotoxin that accumulates in small fish, which are eaten by marine mammals. Eating the toxin attacks the brain and heart, which can cause seizures, heart failure and, if left untreated, permanent brain damage. Clarissa Anderson, a biological oceanographer at the Scripps Institution of Oceanography, told The Guardian that scientists have seen a 'steep change' in how intense toxic algae blooms are and how long they last. 'In the last four years, the impacts have been really heavy on the marine mammal side, both sea lions, some fur seals, and quite a few long-beaked common dolphins,' Anderson said. However, heavy rains and nitrate-rich organic runoff do feed these algae blooms and can contribute to their size and severity. These acidic blooms used to occur every 4 to 7 years. The frequency of these blooms has increased in recent years, exacerbated by climate change, warming ocean temperatures and other human activities. If people see a stranded animal, they can report it to the Marine Mammal Care Center by calling 1-800-39-WHALE. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Associated Press
07-02-2025
- Business
- Associated Press
$107 Million Construction Financing Arranged by Marcus & Millichap Capital Corporation for Los Angeles Area Mixed-Use Property
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the construction of a 384-unit multifamily asset with 26,000 square feet of retail space located at 4117 E Concours Street in Ontario, California. The project, which is adjacent to the Toyota Arena, will include several digital media signs. Stefen Chraghchian, senior director in MMCC's Encino office, secured the financing with Affinius Capital and Bank OZK on behalf of Adept Urban Development. 'We thank our client for their trust in our expertise to arrange the construction financing for this transformative development, allowing their vision for this site to come to life,' said Chraghchian. 'We navigated through a challenging lending environment to provide them with highly competitive terms. Adept Ontario, the development project, represents a profound commitment to a region in Southern California that is experiencing continued population and job growth. As the first phase of a master-planned development, Adept Ontario will bring a distinctive range of unit types and amenities that are generally unavailable in the Inland Empire market.' About Marcus & Millichap Capital Corporation Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. MMCC provides commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, sponsor equity, loan sales and consultative and due diligence services. In 2023, MMCC closed 1,076 transactions totaling $6.73 billion. To learn more, please visit: Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit SOURCE: Marcus & Millichap Capital Corporation Copyright Business Wire 2025. PUB: 02/06/2025 07:23 PM/DISC: 02/06/2025 07:23 PM
Yahoo
07-02-2025
- Business
- Yahoo
$107 Million Construction Financing Arranged by Marcus & Millichap Capital Corporation for Los Angeles Area Mixed-Use Property
ONTARIO, Calif., February 07, 2025--(BUSINESS WIRE)--Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $107 million in financing for the construction of a 384-unit multifamily asset with 26,000 square feet of retail space located at 4117 E Concours Street in Ontario, California. The project, which is adjacent to the Toyota Arena, will include several digital media signs. Stefen Chraghchian, senior director in MMCC's Encino office, secured the financing with Affinius Capital and Bank OZK on behalf of Adept Urban Development. "We thank our client for their trust in our expertise to arrange the construction financing for this transformative development, allowing their vision for this site to come to life," said Chraghchian. "We navigated through a challenging lending environment to provide them with highly competitive terms. Adept Ontario, the development project, represents a profound commitment to a region in Southern California that is experiencing continued population and job growth. As the first phase of a master-planned development, Adept Ontario will bring a distinctive range of unit types and amenities that are generally unavailable in the Inland Empire market." About Marcus & Millichap Capital Corporation Marcus & Millichap Capital Corporation (MMCC) is a subsidiary of Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada. MMCC provides commercial real estate capital markets financing solutions, including debt, mezzanine financing, preferred and joint venture equity, sponsor equity, loan sales and consultative and due diligence services. In 2023, MMCC closed 1,076 transactions totaling $6.73 billion. To learn more, please visit: About Marcus & Millichap, Inc. (NYSE:MMI) Marcus & Millichap, Inc. is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit View source version on Contacts Gina Relva, VP of Public Relations Sign in to access your portfolio
