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Rick Caruso’s fire recovery nonprofit lands funding for small businesses in Los Angeles

Banc of California supports fire-damaged retailers in Malibu, Altadena, Pacific Palisades
Small operators like Palisades Laser & Body Boutique were put out of business by the January Los Angeles wildfires. (Brannon Boswell/CoStar)
Small operators like Palisades Laser & Body Boutique were put out of business by the January Los Angeles wildfires. (Brannon Boswell/CoStar)
CoStar News
August 7, 2025 | 8:20 P.M.

Steadfast LA, the nonprofit headed by developer Rick Caruso to accelerate fire recovery in Los Angeles County, is cobbling together funding to support small businesses that lost their properties in the January wildfires.

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