Orange County Business Journal

REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

2016 YEAR in Review: Real Estate

Jabara’s Mobilitie, a wireless infrastructure firm whose business model is run much like a traditional real estate landlord, entered the year promising the “largest network deployment in the U.S.”

December 12, 2016 midnight   $$ Share
Tease photo

Craig to Chair New Majority

Retail developer Steve Craig has been named chairman of New Majority California’s Orange County Chapter.

Tease photo

Gen. William Lyon Steps Down from Homebuilder's Board

Newport Beach-based homebuilder William Lyon Homes said that its namesake and founder, General William Lyon, has stepped down as a director of the company.

Tease photo

CoreLogic CEO Takes Temporary Leave

Irvine-based CoreLogic Inc. said that Chief Executive and President Anand Nallathambi is taking a temporary medical leave of absence from the company.

Tease photo

Sunstone Sells Fairmont for $125M

Hotel REIT Sunstone Hotel Investors Inc. in Aliso Viejo sold Fairmont Newport Beach for $125 million.

Tease photo

Montage's Pendry San Diego Opens

The Pendry San Diego opened last week in downtown San Diego’s Gaslamp Quarter; Pendry is the lifestyle urban hotel line of Montage International in Irvine, which also runs Montage Hotels & Resorts properties, including a flagship location in Laguna Beach.

Tease photo

Hotel Deals Down in 2016

22 hotels sold in Orange County for $807 million last year, down 19% and 54%, respectively, from 2015, when 27 hotels sold for $1.8 billion, according to Atlas Hospitality Group in Irvine.

Tease photo

Mixed Results for First American

Santa Ana-based First American Financial Corp. reported title insurance and acquisitions boosted fourth-quarter revenue 11% to $1.5 billion.

Tease photo

Stearns to Sell B2B Mortgage Unit

Santa Ana-based Stearns Lending LLC is selling its Delegated Correspondent Lending business to Flagstar Bancorp Inc. of Troy, Mich., for an undisclosed price.

Tease photo

Ensign Buys in Texas

Mission Viejo-based Ensign Group Inc. acquired the real estate and operations of Parklane West Healthcare Center, a 124-bed skilled nursing and 17-bed assisted living facility in San Antonio, Texas, effective Feb. 1.

Tease photo

Stowell to Chair Housing Charity

HomeAid America, a Newport Beach-based building industry charity, said CalAtlantic Group Inc. executive chairman Scott Stowell will lead its Board of Directors as Chairman for the next two years.

Tease photo

OC Resorts, Hotels Hit AAA List

Four Orange County resorts earned Automobile Club of Southern California’s AAA “Five Diamond Award” and 10 resorts and hotels earned AAA “Four Diamond” status for 2017.

Tease photo

Hotel Development Stays Strong

Orange County has 11 hotels with 1,655 rooms under construction about on par overall with the seven hotels and 1,808 the market added last year.

Tease photo

Lee & Associates Names New Exec

Newport Beach-based Lee & Associates named Chris Coyte president and managing director.

Tease photo

Healthcare REIT Gets New Exec

Irvine-based senior housing real estate investment trust HCP Inc. named Peter Scott executive vice president and chief financial officer.

Tease photo

Building Materials Firm Files for IPO

Foundation Building Materials Inc., a Tustin-based distributor of wallboard and suspended ceiling systems, among other items, has filed for an initial public offering.