Orange County Business Journal


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

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 »
Tease photo

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 »
Tease photo

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 »
Tease photo

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 »
Tease photo

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 »
Tease photo

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 »
Tease photo

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 »
Tease photo

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 »
Tease photo

CoreLogic CEO Takes Temporary Leave

Irvine-based CoreLogic Inc. said that Chief Executive and President Anand Nallathambi is taking a temporary medical leave of absence from the company.

By Mark Mueller February 16, 2017 11:34 a.m. share »
Tease photo

Sunstone Sells Fairmont for $125M

Hotel REIT Sunstone Hotel Investors Inc. in Aliso Viejo sold Fairmont Newport Beach for $125 million.

By Paul Hughes February 13, 2017 2:35 p.m. share »
Tease photo

Montage's Pendry San Diego Opens

The Pendry San Diego opened last week in downtown San Diego’s Gaslamp Quarter; Pendry is the lifestyle urban hotel line of Montage International in Irvine, which also runs Montage Hotels & Resorts properties, including a flagship location in Laguna Beach.

By Lou Hirsh, Paul Hughes February 13, 2017 11:33 a.m. share »
Tease photo

Hotel Deals Down in 2016

22 hotels sold in Orange County for $807 million last year, down 19% and 54%, respectively, from 2015, when 27 hotels sold for $1.8 billion, according to Atlas Hospitality Group in Irvine.

By Paul Hughes February 13, 2017 10:15 a.m. share »
Tease photo

Mixed Results for First American

Santa Ana-based First American Financial Corp. reported title insurance and acquisitions boosted fourth-quarter revenue 11% to $1.5 billion.

By Peter J. Brennan February 9, 2017 10:34 a.m. share »
Tease photo

Stearns to Sell B2B Mortgage Unit

Santa Ana-based Stearns Lending LLC is selling its Delegated Correspondent Lending business to Flagstar Bancorp Inc. of Troy, Mich., for an undisclosed price.

By Peter J. Brennan February 8, 2017 4:53 p.m. share »
Tease photo

Ensign Buys in Texas

Mission Viejo-based Ensign Group Inc. acquired the real estate and operations of Parklane West Healthcare Center, a 124-bed skilled nursing and 17-bed assisted living facility in San Antonio, Texas, effective Feb. 1.

By Sherry Hsieh February 2, 2017 8:42 a.m. share »