REAL ESTATE

Great Wolf Parent Moves HQ

The owner of Great Wolf Lodge Southern California in Garden Grove moved its headquarters from Madison, Wisconsin, to Chicago.

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Samuelis Give UCI $30M

The Samueli Foundation gave University of California-Irvine $30 million to help build a 100,000-square-foot facility for “convergent science”—cross-disciplinary research in engineering, computing and physical sciences.

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Stratus Wine Country Cambria Set

A second Cambria-branded hotel being co-developed by Newport Beach-based Stratus Development Partners LLC got the go-ahead from Napa city planning commissioners last week.

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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.

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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.”

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AC Hotel Irvine Opens

The AC Hotel Irvine opened March 31.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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