Orange County Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Anaheim Hotelier in 2nd SD Buy

An affiliate of Anaheim-based Marwaha Group Inc. bought the 94-room TownePlace Suites hotel in Vista from Carlsbad-based TMACK Melrose LLC for $15 million, according to CoStar Group and public data.

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PHG to Add 145 Rooms in Napa

Irvine-based Pacific Hospitality Group plans to break ground April 29 on a four-story, 145-room hotel across the street from its Meritage Resort & Spa in Napa, according to a local news report.

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MVE Names Founder's Son Principal

Irvine-based architectural design firm MVE & Partners promoted Matthew McLarand, formerly a senior associate partner, to principal.

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Busch Family Gives $15M

The Busch Family Foundation in Irvine gave $15 million to Catholic University of America, news reports said.

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Anaheim Advances $209M Hotel

Anaheim’s Planning Commission on Monday approved plans for a 580-room hotel at the corner of Harbor Boulevard and Disney Way, which sends the proposal to the city council to consider on May 17.

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Western State, CSUF Still Neighbors

Western State College of Law has moved from Fullerton to Irvine, leasing space at 1 Banting in Irvine, part of a two-building California State University-Fullerton Irvine campus in the Irvine Spectrum.

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Unemployment Unchanged

Orange County added 8,800 jobs in March to maintain a 4% unemployment rate.

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Appraiser Buys in Reno

Orange-based real estate appraisal company LRES acquired InsideValuation, a commercial and residential appraisal company in Reno, Nevada, on undisclosed terms.

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House of Blues to Add 100 Jobs

House of Blues Anaheim owner Live Nation Entertainment Inc. lists a May 31 closing date for the Downtown Disney venue in a filing with the California Employment Department.

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CoreLogic Names New CFO

Irvine-based CoreLogic Inc. said James Balas is its new Chief Financial Officer.

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St. Regis to Drop Flag June 1

St. Regis Monarch Beach in Dana Point will drop its “flag” and change its name to Monarch Beach Resort on June 1.

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William Lyon Homes Makes Management Changes

William Lyon Homes has announced a series of executive management changes to the Newport Beach-based homebuilder, including a new role for the company’s namesake and founder, General William Lyon, as well as a new stand-alone chief executive.

Greenlaw Plans Rentals, Hotel Near Outlets Mall

REAL ESTATE: For-sale project in IBC also on developer’s agenda

Real estate investor and developer Greenlaw Partners is pushing ahead with plans to build more than 900 apartments and for-sale homes and a hotel in separate projects on land it owns in Orange and Irvine.

LBA Sheds More Light on 9-Acre Mixed-Use Project

REAL ESTATE: 423,000 SF of space across from Park Place

LBA Realty Inc. has disclosed more details, plus early-stage renderings, of the mixed-use campus it’s targeting for a 9.4-acre site at the intersection of Jamboree Road and Michelson Drive in Irvine.

Volt Campus in Orange to Hines JV for $36 Million

REAL ESTATE: 15-year leaseback planned for office

The Irvine office of real estate developer and investor Hines Interests LP has made its first purchase in the city of Orange, picking up the office campus of Volt Information Sciences Inc.