Orange County Business Journal

REAL ESTATE

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

Bixby Land Swings Back to Industrial

REAL ESTATE: Warehouse buy latest break from creative officesBixby Land Co., one of the area’s most active developers of creative-office space, is putting more of its money into Orange County’s industrial market.

By Mark Mueller November 28, 2016 midnight   $$ Share
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Architects Buy New HQ

Architecture Design Collaborative in January will move its headquarters from Costa Mesa into a building it bought in Laguna Hills with plans to hire 10 to 15 architects and related staff through the first quarter of 2017.

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LoanDepot Buys Title Firm

LoanDepot LLC on undisclosed terms bought Closing USA LLC and will buy American Coast Title Co. Inc.

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Snyder Langston Names CFO

Irvine-based Snyder Langston named Gary Campanaro chief financial officer.

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Snyder Langston Names CFO

Irvine-based Snyder Langston named Gary Campanaro chief financial officer.

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Montage Wants London Locale

Montage Hotels & Resorts in Irvine said it aims to add London to its location list, a U.K. trade journal said.

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PHG Plans New Orleans AC Hotel Fix

Pacific Hospitality Group plans to renovate its AC Hotel in New Orleans during a closure that will last six to eight months, a local news report said.

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HCP to Sell 64 Properties for $1.1B

Irvine-based HCP Inc. has agreed to sell a portfolio of 64 properties leased to Brookdale Senior Living Inc. for $1.1 billion to affiliates of Blackstone Group in New York.

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Schools Consultant, Ohio Firm Merge

Cooperative Strategies LLC in Irvine, an educational consulting firm, and DeJong-Richter LLC in Hilliard, Ohio, will combine to help plan finance schools nationwide under the Cooperative Strategies name.

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$36M for Two Desert Hotels

An affiliate of local investor Mohammad Honarkar bought a Courtyard by Marriott and a Residence Inn Hotel in Palm Desert for $36 million.

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Interim Venue to Replace Irvine Meadows

Five Point Communities Management Inc. in Aliso Viejo said part of its property bordering Orange County Great Park would be available for the operation of an “interim amphitheater,” pending approval by the city of Irvine.

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First American Buys TD Service Financial

Santa Ana-based title insurance firm First American Financial Corp. has bought TD Service Financial Corp. of Orange on undisclosed terms.

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Shopoff Realty Buys in Las Vegas, Chicago Top $100M

Shopoff Realty Investments in Irvine has paid in excess of $100 million for an apartment complex in Las Vegas and a pair of commercial buildings in Chicago.

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Bascom Sells Denver Apts for $350M

Bascom Group LLC in Irvine has sold one of its larger apartment properties, a 1,523-unit complex in Denver, in what local reports said is the priciest deal for a rental property in that city.

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Platinum Triangle Developer in $255M JV with China Fund

The Texas developer planning to build one of the larger apartment complexes in Anaheim’s Platinum Triangle has entered into a $255 million venture with a private equity fund from China to finance the project.

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REIT in $25M Buildings Buy

Griffin-American Healthcare REIT IV Inc. in Irvine bought two medical office buildings, one each in Michigan and Alabama, for a combined $25 million.