Orange County Business Journal

REAL ESTATE

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

Partner Ups Stake in Buena Park Place

Coventry Real Estate Advisors has transferred its majority ownership share of Buena Park Place to DDR Corp. in Beachwood, Ohio, its former joint venture partner.

Tease photo

Crystal Cathedral Founder Schuller Dies

Rev. Robert Schuller, a televangelist who founded the 35-acre Crystal Cathedral campus in Garden Grove, died this morning in Artesia, Calif., at age 88.

Tease photo

Herbert Lists Nixon Estate for $75M

Gavin Herbert, Sr., has put a $75 million price tag on the 5.5-acre estate in San Clemente that once served as President Richard Nixon’s “Western White House”, according to the Wall Street Journal.

Tease photo

CM Investor Buys EB-5 Regional Center

Costa Mesa-based real estate developer and private equity firm PDC Capital Group LLC has acquired ZGlobal Southern California EB-5 Investment Regional Center.

Will Times Lien in on Register? Picture This on Pimco

The $4.2 million lien slapped on Freedom Communications and its flagship Register seems to carry extra significance since it came at the request of the L.A. Times, which has a claim pending on bills for past work distributing the OC daily.

Environmental Firms’ Work Rose 8% Last Year

Grow on Economy, Buys, Expanding Services, Goats

The largest environmental consultants with offices in Orange County billed $602 million in 2014, an 8% jump over last year’s $556 million.

First American Gets NY Title Company

Santa Ana-based First American Financial Corp. said its title subsidiary bought TitleVest Holdings Group LLC in New York City on undisclosed terms.

Tight R&D Market Fuels Off-Market, Non-OC Deals

The research and development market in Orange County had 70,240 square feet of negative absorption in the fourth quarter, but it remained tight with a vacancy rate of 3%.

Law Firm Makes Short Trip to New HQ at 1900 Main

Palmieri, Tyler to Move From Century Centre

Palmieri, Tyler, Wiener, Wilhelm & Waldron LLP is the latest local law firm that’s figuring out how to use less space for its operations.

Tease photo

Times Gets $4.2M Lien on Register

The Los Angeles Times has been granted a $4.2 million “writ of attachment” against the Orange County Register in Superior Court, according to a news report.

Tease photo

Self-Storage REITS in $145M Deal

Two real estate investment trusts affiliated with Ladera Ranch-based SmartStop Self Storage have bought 27 self-storage facilities and agreed to acquire five others for a total of $145 million from Long Beach-based DSI Properties Inc.

Tease photo

First American Buys NY Title Co.

Santa Ana-based First American Financial Corp. said that its title subsidiary bought TitleVest Holdings Group LLC in New York City on undisclosed terms.

Price of Chinese Developer’s Platinum Plan: $450M

1.7 Million SF Near Angel Stadium Would Include Luxe Hotel, Condo Tower, Surf Park

A Chinese developer has proposed a mixed-use project next to Angel Stadium that could rival L.A. Live in downtown Los Angeles in terms of scope and variety of uses.

Tease photo

Manhattan’s MetLife Building in Irvine Company Portfolio

Donald Bren’s Irvine Company owns 97% of the 58-story MetLife building in Manhattan, one of New York City’s best-known skyscrapers, accord to a Bloomberg report.

Country Club Teed Up for Sale?

127 Acres Along 55 Freeway Could Fetch Up to $250M

A handful of real estate developers have teed up big-dollar bids to gauge members’ interest in selling the Santa Ana Country Club.