Orange County Business Journal

REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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FivePoint Updates Terms of IPO

FivePoint Communities Inc. could raise nearly $600 million from its forthcoming initial public offering and a trio of concurrent private placement deals, according to new regulatory documents filed with the Securities and Exchange Commission.

By Mark Mueller April 24, 2017 10:43 a.m. share »
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Whittier Law Won’t Enroll New Students

Whittier College’s board of trustees said today it won’t enroll a new class in the fall at its law school and “at the appropriate time, the program of legal education will be discontinued.”

By Deirdre Newman April 19, 2017 3:21 p.m. share »
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AC Hotel Irvine Opens

The AC Hotel Irvine opened March 31.

By Paul Hughes April 13, 2017 4:24 p.m. share »
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Carnival to Double Long Beach Berths

Carnival Cruise Line will double its Long Beach operations in square footage and ships under an expansion that breaks ground tomorrow.

By Paul Hughes April 11, 2017 2:29 p.m. share »
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Five Point Refiles IPO

Five Point Holdings LLC in Aliso Viejo refiled its registration to go public and set a placeholder value of $100 million on the offering.

By Paul Hughes April 10, 2017 9:11 a.m. share »
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Wincome Group Renames Hotel

The former Anaheim Plaza Hotel & Suites has been renamed Anaheim Hotel, said hotel owner Good Hope International.

By Paul Hughes April 6, 2017 12:22 p.m. share »
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Alliant Buys SES Insurance Brokerage

Alliant Insurance Services Inc. in Newport Beach bought SES Insurance Brokerage Services Inc. in Santa Ana on undisclosed terms.

By Peter J. Brennan April 5, 2017 10:54 a.m. share »
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Ex-Morgan Stanley Chief to Chair Lantern Credit

John Mack, former chairman and chief executive at Morgan Stanley, was appointed chairman of the board of managers of Newport Beach-based Lantern Credit LLC.

By Peter J. Brennan April 4, 2017 11:33 a.m. share »
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Bank in Strategic Review

California First National Bancorp, which is trying to improve its risk-management system, said it’s undertaking a strategic review of options after a regulator advised a further reduction of leveraged loans.

By Peter J. Brennan April 4, 2017 10:11 a.m. share »
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New CEO for Irvine Homebuilder

MBK Homes LLC President and Chief Executive Timothy Kane has announced his retirement from the Irvine-based homebuilder.

By Mark Mueller March 31, 2017 9:59 a.m. share »
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Starwood Exits TRI Pointe

Starwood Capital Group is exiting TRI Pointe Group Inc. with the sale of 12 million shares, or 7.5% of the Irvine-based homebuilder.

By Peter J. Brennan March 20, 2017 9:57 a.m. share »
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Bank Strikes Deal With Activist Investors

Irvine-based Banc of California Inc. said it has reached an agreement with Legion Partners Asset Management LLC to avoid a proxy battle.

By Peter J. Brennan March 14, 2017 10:15 a.m. share »
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Pelican Hill Names Managing Director

Tom Donovan will join Resort at Pelican Hill in Newport Coast at the end of the month as managing director.

By Paul Hughes March 13, 2017 9:45 a.m. share »
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Disney-Area Ramada to Reflag

Ramada Plaza Anaheim plans to become a Wyndham Garden hotel after a $4 million renovation set to take six months.

By Paul Hughes March 10, 2017 11:20 a.m. share »
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Grand Californian Gets Redo

Disney’s Grand Californian Hotel & Spa in Anaheim is being renovated with changes to its guest rooms, lobby, pool and other areas in “the most extensive refurbishment since” the 948-room property opened in 2001.

By Paul Hughes March 9, 2017 5:09 p.m. share »