Orange County Business Journal

OCBJ SPECIAL REPORTS

Infill Projects Keep Big and Small Builders Busy

Less Risk, Fast Sales Appeal to Publicly Traded FirmsOrange County’s largest masterplanned developments are driving a bulk of the recent new-home sales in the region, but plenty of builders are also finding success buying land for residential projects off the beaten path.

By Mark Mueller February 23, 2015 midnight   $$ Share

Chef Built Beloved Restaurant on Natural Talent

Mixes Ethnic Food Smarts, Hunger for Better Dining

Our now legendary Orange County lady chef and restaurateur Zov Karamardian set out to introduce the dining public to Mediterranean food 27 years ago.

Upscale Bars Offer Comfort, Sociable Dining Alternative

Claim Center Stage With Inviting Decor, Food, Drink

Having a glass of wine with friends is no longer the cutting-edge trend. We are now having cocktails.

Q&A

The wealth management industry is undergoing various changes, ranging from implementation of technology and industry fragmentation to shifting demographics. The Business Journal’s Jane Yu asked Orange County wealth management executives to discuss significant changes they’re anticipating in the near term and how they expect their firms to respond to the changes. Here are edited excerpts of their answers.

Q&A

Healthcare is more often being delivered outside of traditional hospital walls, a trend that has been driven to some degree by the Affordable Care Act, as well as by technological improvements. Orange County hospitals are no stranger to the shift. The Business Journal’s Vita Reed talked to several hospital executives to discuss outpatient offerings and their purposes. Edited excerpts of their answers follow.

Big Hospitals’ Profits Drop 21% in Year Through Sept.

28 on List Have Second Down Year in a Row

Pretax profits dropped steeply at Orange County’s largest hospitals during the past year.

Community Benefits a Must for Private Nonprofits

Law Requires the Hospitals To Assume Social Obligation

More than a few of Orange County’s prominent hospital operators deliver something in addition to their standard healthcare: “community benefits.”

Q&A

The Business Journal’s Jane Yu asked local bankers what community involvement means to their institutions. This week’s Q&A sheds light on the banks’ current engagement in Orange County beyond compliance with the Community Reinvestment Act, as well as their plans for this year and some of the challenges they see ahead. Executives also discussed some challenges they face in supporting the community. Here are edited excerpts of their responses.

Banks, Thrift Expand Orange County Deposits by 8%

43 Combine for $84.1 Billion, Mirroring Year-Earlier Rise

Commercial banks in Orange County continued to grow local deposits, notching another 8% increase over the year through June for a total of $84.1 billion.

Platinum Triangle Preps for 2nd Act of Development

Office, For-Sale Projects Eyed Alongside More Apartments

The development of the Platinum Triangle area in Anaheim is entering its second decade, and the 820-acre swath of land around Angel Stadium remains poised to be a hub of apartment construction.

Irvine Land Deals Top $100M, Usher in New Plans

Offices Could Join 1,600 Planned Apartments

Nearly 30 acres along a busy stretch of Jamboree Road in Irvine have sold over the past few weeks or are expected to soon, with plans for apartment and office development expected to start on the sites.

Office Market Moves Up in Fourth Quarter

The Orange County office market, building on an already-successful 2014, is gaining momentum through the turn of the year.

Industrial Market Clients Scrounge for Space in Q4

The Orange County industrial market was tight throughout most of 2014, a sign that the region is in need of a significant amount of new construction and development projects on top of its current 253 million or so square feet.

Q&A

The Business Journal’s Jane Yu asked local law firms whether the pace of associate hires has picked up in recent years after a long slowdown hiring in the industry following the recession. Yu also asked attorneys how they’re grooming young talent for their firms’ future leadership. Here are edited excerpts of their responses:

Legal Pros Focus on Fine Arts, Plan UCI Collaboration

Attorneys Work With UCI Program to Boost Fine Arts

Put together a few attorneys sharing a passion for the arts and a local university that fosters artistic talent, throw in some creative thinking and readiness to provide support, and you’ll get Off-Center, a collective launched by a committee of local lawyers and educators in concert with University of California-Irvine’s art department.