REAL ESTATE

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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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.

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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.

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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.

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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.

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CoreLogic Names Martell CEO

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

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