REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
The Orange County Board of Supervisors voted unanimously today to accept a donation of 2,500 vacant acres by the Irvine Company, said the parks unit of the county’s Community Resources department.
Irvine-based mortgage lender American Interbanc Mortgage has been acquired by Seashine Financial LLC, also in Irvine.
Foothill Ranch-based mortgage lender loanDepot.com LLC has acquired Mortgage Master Inc. on undisclosed terms.
Hyundai Motor America Inc.'s new headquarters won honors from the local chapter of a global real estate trade group.
Irvine-based chipmaker Broadcom Corp. made its long-rumored move to the Great Park Neighborhoods official, agreeing to buy land to design and build a new 1.1 million square foot corporate headquarters, the company said.
Hoag Memorial Hospital said today it donated $3.775 million to the new Huntington Beach Senior Center in the Park.
REAL ESTATE: Takes full floor at Irvine Company’s newest office
Bill Gross might have the highest profile among the first batch of tenants at Irvine Company’s newest office building in Newport Center, but Stifel, Nicolaus & Co. can claim the highest perch at the 21-story building.
An investment group that includes Irvine-based real estate investor and developer Greenlaw Partners is nearing a deal to buy the massive Bank of America office campus in Brea.
A trot around the South Coast Metro district that covers corners of Costa Mesa and Santa Ana reveals several sizeable chunks of property in a state of flux.
‘Opportunistic’ Real Estate Scarce, Competition Stiff
Opportunity is still knocking for many of Orange County’s most active commercial real estate investors of the past five years, but it has required a decided shift in strategy.
The office market continues to experience positive momentum, pushing toward a full recovery. Occupancy levels are steadily improving due to constant demand, moving the market to near prerecession conditions.
Properties, 12 Others Could Fetch $500 Million
Shopping centers in Mission Viejo and Brea are part of a portfolio of West Coast retail properties that are on the block and could sell for nearly $500 million.
Two investors who helped Aaron Kushner and Eric Spitz finance the purchase of Freedom Communications in 2012 have asked the Delaware Chancery Court to put the media company’s operations into receivership, claiming “it needs independent oversight because the company is insolvent and in financial distress from mismanagement,” according to the website Law360.
The Anaheim Regional Transportation Intermodal Center (ARTIC) has signed several new retail and restaurant tenants, the center said.
REAL ESTATE: Deal for 8-story office largest so far this year
An eight-story building near Anaheim’s City Hall that previously served as the local operations hub for AT&T Inc. has been leased to a growing integrated-care medical group affiliated with Orange-based hospital operator St. Joseph Health System.