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ECONOMY: 5.5% increase in sales; 2.2% gain on OC jobs
The biggest minority-owned businesses based in Orange County combined for $12.8 billion in revenue last year, a 5.5% increase from a year earlier.
Convention centers throughout Southern California and the nation battle in a never-ending contest to win the business of everyone from comic book geeks to medical device makers.
Hotel Conference Producers Take Bow at Austin Film Festival
There’s no business like show business, suggests the popular tune by Irving Berlin.
HOSPITALITY: Hotel operator looks to grow management services
Investing in coastal properties has been a no-brainer for Pacifica Hotels ever since 1993, when it got started in Santa Barbara as the hotel investment and management wing of private equity firm Invest West Financial Corp.
REAL ESTATE: Joins list of OC retail projects in works
DJM Capital Partners Inc. has more than a big hole to fill along Pacific Coast Highway when it comes to its long-awaited Pacific City retail project in Huntington Beach.
Irvine-based Auction.com, an online real estate auction company, reportedly received a $50 million investment from Google Capital, an investment arm of the Internet giant.
Ten of Orange County’s wealthiest were named on Forbes’ latest list of top billionaires in the world.
Nets $5.6M, Most Per Square Foot Since 2010
A home at 31831 Paseo Cielo sold on Feb. 20 for $5.6 million, the highest price per square foot in San Juan Capistrano and the nearby city of Laguna Niguel and community Coto de Caza since 2010.
The fourth quarter in West Orange County continued to demonstrate positive trends the submarket has been consistently witnessing.
Shopoff Buys Out DRA, Brings in Picerne Group
The Uptown Newport mixed-use development on Jamboree Road is preparing for its first major round of construction following a few changes in ownership for the high-visibility Newport Beach project.
John Higman sold an industrial and manufacturing building in Brea for $5.5 million to Air Treatment Corp., an HVAC systems equipment and design contractor.
Number of Deals Down 11% in U.S.; Total Value Up
The pace of merger-and-acquisition activity by Orange County businesses rose by about 3% in 2013, capping the year at 310 deals.
Irvine-based Auction.com, an online real estate auction company, said it will receive a $50 million investment from Google Capital, an investment arm of the Internet giant.
REAL ESTATE: Deal for Santa Ana towers pegged at nearly $130M
The office division of private equity giant Blackstone Group is poised to become one of the two largest landlords in the South Coast Metro business district, based on an impending deal for the Griffin Towers office complex in Santa Ana.