Orange County Business Journal

REAL ESTATE

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

OC Tech on Target; Sage Hill’s Science Scholar; Early Picks

Anyone who doubts that science and technology are all over the place—or that Orange County is all over tech—can check our Chris Casacchia’s front-page piece on the CES show in Las Vegas.

Hilton Irvine Sold to Investor in San Jose

HOTELS: $53M estimate for 302-room property near JWA

The Hilton Irvine/Orange County Airport has been sold to a San Jose-based investor.

Hoag Irvine Expansion Plan Aims to Deliver ‘Healthcare Village’

HEALTHCARE: 3-building center expected to open in 2016

Put Irvine and Hoag down as a good match.

CashCall Mortgage Arm to Be Bought

Irvine-based Impac Mortgage Holdings Inc. agreed to acquire the mortgage operations of CashCall Inc. Terms were not disclosed.

Low-Rise Office Market Continues Upward Trend

Activity in the low-rise office sector continued its positive momentum in the third quarter, generating 145,774 square feet of positive net absorption.

KBS, LBA Sign $248M Deal for Emeryville Offices

Three-Building Campus Last Sold for Reported $130M

LBA Realty and KBS Realty Advisors, two of Orange County’s most active commercial property investors through much of 2014, wrapped up the year with a blockbuster transaction in Northern California.

Real Estate Deals

Sales and leases of offices, industrial buildings, retail space and apartments

Shabani Investments LLC sold an industrial building in Tustin for $3.6 million, or $197.22 per square foot, to Subaru Research and Development Inc.

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Impac Buys CashCall’s Mortgage Business

Irvine-based Impac Mortgage Holdings Inc. has agreed to acquire the mortgage operations of CashCall Inc.

Obamacare Provides Lift for Central OC

REAL ESTATE: Provider, insurers snap up former subprime turf

Obamacare was a boon to the health of Central Orange County’s office market in 2014.

Olen Flips Santa Ana Business Park for $31.7M

REAL ESTATE: Sheds odd fit, uses some of profit in Atlanta

Newport Beach-based Olen Properties has sold one of its local holdings, a business park in Santa Ana that it owned for less than three years.

Real Estate: Emile Haddad

Great Park Developer Lands Broadcom for Commercial Anchor

Emile Haddad caught the big fish in Orange County’s office market last year.

OC Real Estate Specialists Predict 2015 Lux Trends

Rising Prices, Strong Sales Among Expected Patterns

Orange County’s coastal luxury market posted a solid sales year in 2014.

South OC Office Market Has Healthy Quarter

The South Orange County office market performed well in the third quarter, recording 42,339 square feet of positive net absorption, though the activity fell short of that in the second quarter, which totaled 152,559 square feet of positive net absorption.

Taylor Morrison Buys Newport Beach Housing Site

‘Echo Beach’ Plan Would Raze 1970s-Era Apartments

A midsize apartment complex steps from the ocean in Newport Beach has been acquired by a new owner with plans for a for-sale residential project at the site.

Real Estate Deals

Sales and leases of offices, industrial buildings, retail space and apartments

Tyler Leeson of Marcus & Millichap’s Newport Beach office had the exclusive listing to market an apartment building in Anaheim on behalf of the seller, a limited liability company.