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50 Homes Sold; Priciest Goes For $17.5M
Summer sizzled in the Orange County luxury market, with 50 transactions above $4 million closing between June 15 and Sept. 15.
Brings ‘Deep Experience’ Of Leading Big Businesses
Irvine-based device maker Endologix Inc. recently appointed Vaseem Mahboob as its new chief financial officer.
$150 Million Office Buy Would Be 2nd Since 2014
An affiliate of Newport Beach-based KBS Realty Advisors is under contract to buy one of the more prominent office complexes in downtown San Jose.
An affiliate of Pacific Hospitality Group in Irvine bought the AC Hotel New Orleans from an affiliate of Dallas-based NewCrestImage LLC.
St. Regis Monarch Beach Resort in Dana Point has offered details on its planned renovation of some public areas of the property.
Tustin-based electrical engineering firm R.E. Wall and Associates Inc. was acquired by Los Angeles-based Morrow Meadows Corp.
Irvine-based Pacifica Hotels sold the Hilton Garden Inn Marina del Rey to Chatham Lodging Trust in West Palm Beach, Fla., for $44.5 million.
The Disneyland Resort in Anaheim could benefit from an investment its Burbank-based parent Walt Disney Co. has made in a virtual reality filmmaker.
Laguna Hills-based Glaukos Corp. said a court ruled against it on three pending summary judgment motions in a patent lawsuit with a competitor.
Orange County employers added 2,200 jobs in August after two months of job cuts.
University of California-Irvine ranked No. 1 out of 179 schools in a New York Times measure of access to college for lower- and middle-income students.
The Mazda Foundation announced a $500,000 grant to Irvine-based Second Harvest Food Bank of Orange County.
Newport Beach-based Alliance HealthCare Services Inc. said today that Chinese investor Fujian Thai Hot Investment Co. will buy 5.5 million shares of its stock for $102.5 million and become its majority shareholder.
Incipio Technologies Inc. in Irvine acquired Chino-based Incase Designs Corp., a maker of bags and accessories for Apple products, on undisclosed terms.
Huntington Beach-based Quiksilver Inc. lost $124.7 million in its third quarter ended July 31 compared with a loss of $220.6 million in the same period last year.
Irvine-based startup Enevate Corp. has raised $30 million in a Series B funding round has plans to start production of its lithium batteries.
Pielogy Pizzeria in Rancho Santa Margarita plans through franchisee Progressive Pies LLC to open three restaurants in Guam and Saipan with the first to open early next year.
Capriotti’s Sandwich Shops, which a news report in 2012 said planned 35 locations in Orange County, will end its relationship with the franchisee of the four restaurants open here.
University of California-Irvine will get $19 million over four years from the National Institutes of Health to turn research results into medical products and services.
The St. Regis Monarch Beach in Dana Point plans a temporary layoff of 610 employees, a state filing said, with the reduction coming on a rolling basis over seven months.
A developer that lost a bid to build a 5-story, 250-room hotel in Dana Point has filed for Chapter 11 bankruptcy in Santa Ana, a court filing said.
Yorba Linda-based Cortech Engineering LLC has been acquired by Houston-based industrial equipment wholesaler DXP Enterprises Inc.
Quiksilver Inc. plans to close several stores in prime Orange County locations as part of a larger trim to operations that’s in the works, according to documents filed with the U.S. Bankruptcy Court for the District of Delaware.
Quiksilver Inc. filed for Chapter 11 bankruptcy late Tuesday in the U.S. Bankruptcy Court for the District of Delaware to reorganize its U.S. operations. The company’s European and Asia-Pacific businesses “remain strong” and are not part of the filing.
Strathspey Crown Holdings LLC, a Newport Beach-based healthcare private equity firm, has agreed to acquire IMEX Clinic SL, a specialty medical equipment distributor in Valencia, Spain.