Khanna Enterprises Ltd. in Irvine sold the 12-story, 250-room Custom Hotel in the Westchester area of Los Angeles for more than $40 million, or at least $160,000 per room.
TECHNOLOGY: Patent enforcement ‘not what it used to be’
Acacia Research Corp.’s prolonged downward spiral on Wall Street has been propelled by recent changes in intellectual property rights and litigation.
Irvine-based Advantage Solutions acquired Data Council in Jacksonville, Fla., on undisclosed terms.
Renton, Wash.-based Providence St. Joseph Health named Erik Wexler, chief executive of the Providence Health & Services Los Angeles Region, as new head of three counties: Los Angeles, Orange and San Bernardino, effective immediately.
Webster University in Irvine will offer a Master’s in cybersecurity starting in late October.
Jeffrey T. Seabold, who was involved in a controversial transaction while with Banc of California Inc. (NYSE: BANC), has left the Santa Ana-based bank and is suing it for wrongful termination.
BJ’s Restaurants Inc. added a location in Columbia, S.C., its first in the state and eighth new restaurant this year. It plans two more new restaurants in 2017, including its first in Michigan.
Visit Anaheim said 12.1 million travelers to the city have spent $4.2 billion in Orange County year-to-date, an increase of some 10% in each number, and have spent of about $347 per person.
Marshall B. Ketchum University in Fullerton appointed Mark Bullimore as dean of the Southern California College of Optometry.
Singapore-based ChangedEdu invested in Irvine-based Collegewise, according to Collegewise.
The Los Angeles Chargers and owners the Spanos family on Friday announced a $500K donation for Hurricane Harvey victims.
Saddleback College said Gregory Anderson will be its new president effective Oct. 16.
Confie, a Huntington Beach-based national insurance distribution company with $500 million in annual sales, named Cesar Soriano as chief executive officer, effective immediately.
Banc of California Inc. (NYSE: BANC), the largest bank by assets based in Orange County, hired a chief financial officer after an almost year-long search.
An Irvine seller of Vietnamese-style coffee has changed its name and plans three more locations in the next year.