REAL ESTATE

Online Bank CalFirst to Voluntarily Delist From Nasdaq

FINANCE: Compliance costs cited for move to OTCQX

Troubled California First National Bancorp in Irvine is giving up on Wall Street’s main stage, citing regulatory costs.

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New Owners for Costa Mesa’s Triangle, $55M Sale

REAL ESTATE: Caps $150M in deals for Greenlaw Partners

The Triangle, the Costa Mesa entertainment center that’s home to some of the city’s busiest nightspots, restaurants and other venues, has been sold to a Los Angeles-based real estate investor who’s no stranger to the dating scene.

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South Coast Plaza Book Unveiled on Ocean Tour

Segerstrom Family Exec Gives Reporters Sneak Peek

Elizabeth Segerstrom, co-managing partner at Costa Mesa-based C.J. Segerstrom & Sons, invited about 50 of her closest media contacts and friends on a two-hour sail Halloween night on Foggy, a boat designed by famed architect Frank Gehry.

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Silicon Valley Lease Gives Irvine Co. Notable Name

164,000 SF for Amazon, Takes Ericsson Space

Tasseography followers, take note: Amazon appears to be a fan of Irvine Co. office properties.

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Broadcom Charter to Delaware

Chipmaker Broadcom Ltd. plans to move its official headquarters to the U.S. from Singapore, the company announced today at a press conference that included Broadcom Chief Executive Hock Tan and President Donald Trump.

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CareTrust Buys SoCal Skilled Nursing Assets

San Clemente-based CareTrust REIT Inc. acquired a three-facility 529-bed skilled nursing portfolio in Southern California from Providence Group for $69 million. The portfolio will yield approximately $6.1 million in initial annual cash rent.

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LoanDepot Starts JV

LoanDepot LLC, the nation’s second largest non-bank consumer lender, announced a joint venture with OfferPad, a real estate investment company, to speed up the process of mortgage approval.

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Two Firms Return Long Beach Airport RFP

Ross Aviation and Gulfstream Aerospace Corp. responded by a Nov. 1 deadline to a Long Beach Airport request for proposals on the development of 31 acres near the facility.

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Wincome Names New Westin’s GM

Wincome Group said Carmine Iommazzo is its new general manager at Westin Anaheim Resort.

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Lennar Buys CalAtlantic

CalAtlantic Group Inc. in Irvine is being purchased by Lennar Corp. in a $9.3 billion deal, one of the largest on Wall Street this year.

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St. John Cuts Include Boutique

St. John Knits International Inc. will cut 72 jobs in Irvine effective December 11, according to a Worker Adjustment and Retraining Notification it filed with the state Employment Development Department.

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Bear Flag Owner to Lido Marina Village

Bear Flag Restaurant Group in Newport Beach plans to open a new restaurant at Lido Marina Village.

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Stearns Cuts Third of OC Workforce

Stearns Lending LLC, one of the nation’s largest non-bank mortgage lenders, is cutting 159 jobs, about a third of its workforce in Orange County.

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Braille Institute Breaks Ground on New Center

The Braille Institute broke ground today on a $10 million center that’s expected to open next fall at 527 N. Dale Ave. in Anaheim.

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CareTrust Completes Skilled Nursing Buy

CareTrust REIT Inc. of San Clemente completed a two-stage acquisition comprised of seven skilled nursing facilities in Idaho.

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