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City officials and executives from Lynwood developer M+D Properties and construction company Swinerton Inc. were on hand Thursday to celebrate the topping off of The Source in Buena Park.
Taylor Morrison Home Corp. is buying San Clemente’s Marblehead residential development.
REAL ESTATE: Homebuilder raises $345 million with land sales
City Ventures Inc. has shown that there are other ways to raise money, even as some fellow Orange County-based homebuilders have opted to join a recent trend of initial public offerings.
REAL ESTATE: $110M buy eyed for creative makeover, near new stadium
Irvine-based Bixby Land Co. has bought a seven-building office campus in Silicon Valley, the commercial real estate developer and investor’s largest acquisition in nearly seven years.
HONORS: Auto Club chairman due in D.C. for this week’s ceremony
Life got more humbling for Thomas McKernan as this week’s Horatio Alger Award ceremony in Washington, D.C., approached.
REAL ESTATE: Landlord seeks biggest jumps since recession
The Irvine Company, Orange County’s dominant office landlord, appears to be undertaking its most aggressive office rent hikes for its local buildings in years.
About $18B In Sales, Leases Result In Nearly 14% Jump
Orange County’s largest commercial brokerages continued to benefit from investor interest in local properties in 2013, and to a lesser extent, tenant demand.
Two Dominate, Group Combines for 8.7% Jump
A flurry of large office purchases by institutional investors, a smattering of development, and new out-of-town accounts helped boost the bottom lines of Orange County’s largest commercial property managers last year.
The vacancy rate in Orange County’s manufacturing and warehouse sector steadily decreased throughout 2013, but the fourth quarter held steady at 2.8%.
SF Investor on 6-Month Spending Spree in OC
San Francisco-based apartment investor Fowler Property Acquisitions LLC is approaching nearly $100 million in purchases in Santa Ana over the past six months.
Officials at The Source retail and entertainment project currently under construction in Buena Park said they've struck a deal with a South Korea-based record label and talent agency that will bring recording studios and 2,000-seat concert venue.
REAL ESTATE: Expected to pay $74M for land near 15 Freeway
The New Home Co. is closing in on the purchase of a nearly 130-acre, 1,200-home development site in Corona, one of several projects now in the works for the Aliso Viejo-based homebuilder following its recent initial public offering.
LAW: Partner wanted religious practice; firm in lease litigation
Orange County’s legal scene has experienced one of its largest shake-ups in half a dozen years following the dissolution of Orange-based Brady, Vorwerck, Ryder and Caspino.
Irvine-based Motorcycle Industry Council hired Erik Pritchard as its general counsel. The appointment was effective immediately and fills a spot left open by the departure of Paul Vitrano, who recently joined snowmobile and ATV maker Polaris Industries as vice president for global government relations.
Sales Pace Has Slowed, Appreciation Now 5-6%
Surterre Properties Inc. cofounder and President Gary Legrand, entrenched in the luxury real estate market for more than 25 years, has seen it all, from the housing recession of the 1990s to the go-go housing boom of the early to mid-2000s, to the shocking drop in home prices during the Great Recession, to the rapid uptick in housing sales—and prices—during the last year.