Orange County Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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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 »
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Bank Shifts Funds for Stadium Deal

Irvine-based Banc of California plans to reallocate $3.5 million in sponsorships to partially offset the costs for the naming rights to the new $350 million stadium of the Los Angeles Football Club.

By Peter J. Brennan March 7, 2017 12:02 p.m. share »
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CoreLogic Names Martell CEO

Irvine-based CoreLogic has named Frank Martell its new president and chief executive.

By Mark Mueller March 6, 2017 12:22 p.m. share »
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CoreLogic’s Nallathambi Dies

CoreLogic President and Chief Executive Anand Nallathambi died after a brief illness, the company said.

By Mark Mueller, Paul Hughes March 3, 2017 6:20 p.m. share »
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Harbor Audit Asks Money Questions

An audit of some services provided by an outside operator at Dana Point Harbor couldn’t validate the firm’s reported gross receipts at the facility and said its “rent payments are not calculated or reported in accordance with lease agreements” the operator has with the County of Orange, which owns the harbor, the county auditor said in a report.

By Paul Hughes March 3, 2017 11:51 a.m. share »
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Montage-Pendry in $360M Desert Deal

Montage International in Irvine and lead developer Robert Green Co. in Encinitas said the companies would break ground this summer on the $360 million SilverRock Resort in La Quinta.

By Paul Hughes March 2, 2017 11:49 a.m. share »
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Banc of California Sells Home Loan Unit

Irvine-based Banc of California plans to cut its headcount almost in half with the sale of its home loan division to Caliber Home Loans Inc.

By Peter J. Brennan March 1, 2017 10:32 a.m. share »
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Craig to Chair New Majority

Retail developer Steve Craig has been named chairman of New Majority California’s Orange County Chapter.

By Mediha DiMartino February 23, 2017 10:48 a.m. share »
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Gen. William Lyon Steps Down from Homebuilder's Board

Newport Beach-based homebuilder William Lyon Homes said that its namesake and founder, General William Lyon, has stepped down as a director of the company.

By Mark Mueller February 20, 2017 9:30 a.m. share »