SERVICES

Khanna Sells Venice Hotel

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.

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Chronicling the Slide of Acacia

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.

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Advantage Buys in Fla.

Irvine-based Advantage Solutions acquired Data Council in Jacksonville, Fla., on undisclosed terms.

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Providence St. Joseph Names New Leaders

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.

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Webster U. Starts Cybersecurity Degree

Webster University in Irvine will offer a Master’s in cybersecurity starting in late October.

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Former Exec Sues Banc of California

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.

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BJ’s Enters S.C., to add Mich.

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.

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Anaheim Tourism Dollars Up 10% YTD

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.

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New Dean at Ketchum’s Optometry College

Marshall B. Ketchum University in Fullerton appointed Mark Bullimore as dean of the Southern California College of Optometry.

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Collegewise gets Singapore Partner

Singapore-based ChangedEdu invested in Irvine-based Collegewise, according to Collegewise.

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Spanos Family Gives 500K for Harvey

The Los Angeles Chargers and owners the Spanos family on Friday announced a $500K donation for Hurricane Harvey victims.

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New Boss at Saddleback

Saddleback College said Gregory Anderson will be its new president effective Oct. 16.

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HB Insurance Firm Names CEO

Confie, a Huntington Beach-based national insurance distribution company with $500 million in annual sales, named Cesar Soriano as chief executive officer, effective immediately.

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Banc of California Hires CFO

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.

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Irvine Coffeehouse Grows

An Irvine seller of Vietnamese-style coffee has changed its name and plans three more locations in the next year.

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