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Hotel Irvine GM Shifts to Apartments

Former Hotel Irvine General Manager J.D. Shafer has been named a senior director of community management for Irvine Company Apartment Communities.

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UCI Set for $3M to Study Jains, Sikhs

University of California-Irvine confirmed two $1.5 million donation agreements to endow chairs in studies of Sikhs and Jains signed last week in Buena Park at the Jain Center of Southern California.

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$749M in Hotel Sales in First Half of 2015

Eleven Orange County hotels sold for a total of $749 million in the first half of 2015, according to Irvine-based Atlas Hospitality Group’s mid-year survey of hotel sales.

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El Pollo Loco Down on Revenue Miss

Costa Mesa-based El Pollo Loco Holdings Inc. shares fell more than 18% in midday trading after the company reported quarterly revenue yesterday that was below analyst expectations.

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Swimwear Maker Takes New Name

Raj Manufacturing LLC in Tustin has rebranded itself as Raj Swim to better showcase the company’s culture.

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Ultra Mobile Tops Inc. 5000

Costa Mesa startup Ultra Mobile has zoomed to the top of the list of the 5000 fastest growing private companies in the U.S., according to Inc. Magazine.

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Habit to Enter Idaho

Irvine-based Habit Restaurants Inc. will debut in its seventh state with a restaurant opening this year in Meridian, Idaho, a news report said.

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HB’s Paséa Hotel & Spa Names GM

Pacific Hospitality Group named Scott Blakeslee general manager of the under-construction Paséa Hotel & Spa in Huntington Beach.

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Irvine Brewery Set to be Sold

Evans Brewing Co. Inc. in Santa Ana said in a regulatory filing it plans to buy Bayhawk Ales Inc. in Irvine and to exchange shares in Evans, one-for-one, for those in Bayhawk.

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Microsemi Donates $1M to Chapman

Aliso Viejo-based semiconductor maker Microsemi Corp. has given $1 million to Chapman University to support a center set to open in 2018 as part of the Orange-based school’s new Schmid College of Science and Technology.

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Hyundai Unit Names Marketing Head

Hyundai Motor America Inc. in Fountain Valley named Dean Evans its vice president and chief marketing officer.

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Marriott Boutique Hotel for SJC

Rivendell Land Co. said Marriott International will operate Mission Inn San Juan Capistrano, which is set to break ground by early 2016.

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Autobytel Shares Up On Q2

Shares in Autobytel Inc. in Irvine rose in midday trading as the company surpassed Wall Street’s expectations on revenue for the second quarter of fiscal 2015 ended June 30.

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UCI Physician Receives $3.1M Grant

UC Irvine Health, the medical enterprise of the University of California-Irvine, said today that Dr. Shaista Malik received a five-year, $3.1 million grant from the National Institutes for Health’s National Heart, Lung and Blood Institute.

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Del Taco Resets $164M Debt

Lake Forest-based Del Taco Restaurants Inc. refinanced $164 million in debt under a new five-year, $250 million credit facility, cutting its borrowing costs by 3 percentage points and its annual interest payments by $5.4 million.