Orange County Business Journal

OCBJ SPECIAL REPORTS

How to Mind the Gaps: Teamwork, Planning, Creativity

Hotels Reach Beyond Big Groups to Meet Needs

Going “dark” in the meetings and conventions business is a bad thing.

Local Meetings Clients Won With Shoe Leather, Pizazz

Venues Get Creative, Find Niches to Home in On

Out-of-town groups that book rooms, meeting space, food and beverage, and an interesting evening event or two spend more than 80% of dollars spent on meetings in Orange County.

Hotels Add Little Space, Numerically and Spatially

Up 1.3% As More Small Rooms Meet New Demand

Orange County hotels added little meeting space last year, but what they did bring online came creatively in a market where occupancy and room rates are growing.

Toastmasters Takes on Speakers’ Fears From Historic Home in OC

Nearly three-quarters of the U.S. adult population—74% to be exact—fears the idea of speaking in public, according to a 2013 National Institutes of Health survey.

Q&A

The Business Journal’s Jane Yu asked local bankers to discuss their and their clients’ thoughts on how to manage operations in a changing interest rate environment, where rates are expected to rise. Here are edited excerpts of their responses:

Banks Post Biggest Jump in Assets Since Predownturn

23 Together See 35% Rise To $18.5 Billion In Year

Orange County-based commercial banks have notched the biggest year-over-year asset growth in the ongoing economic recovery and even since the few years prior to the recession.

Biggest Credit Unions Account for Bulk of Growth

Group’s Assets to $16.9B, Despite Declines for Most

Orange County’s credit unions built assets at a faster clip over the past year, when the biggest of the group pulled most of the gains.

Investors Adapt to Changes in Post-Recession Market

‘Opportunistic’ Real Estate Scarce, Competition Stiff

Opportunity is still knocking for many of Orange County’s most active commercial real estate investors of the past five years, but it has required a decided shift in strategy.

Office Market’s Occupancy Levels Improve

The office market continues to experience positive momentum, pushing toward a full recovery. Occupancy levels are steadily improving due to constant demand, moving the market to near prerecession conditions.

Industrial Market Records Busy Q3

Orange County’s industrial market continued to record healthy levels of activity in the third quarter, ending with 2.8 million square feet of gross activity and resulting in 208,021 square feet of positive net absorption.

Fastest Growers Keep Pace

Public Cos. Combine for 24% Hike to $83B in Sales

The latest batch of Orange County’s fastest-growing public companies kept pace with last year’s mix, combining for a 24% growth rate on revenue.

Need for Speed

Why Fast-Growing Companies Matter to Local Economy

Fast growth matters. Having a deep pool of fast-growing public companies is a plus on many fronts for Orange County’s economy and community.

Questcor’s $5.8B Bow

Big Revenue Gains Precede Big Pharma Deal

The company that topped the Business Journal’s 2014 list of the fastest-growing large public companies based in Orange County has already taken itself out of the running for next year’s title.

Much Bigger Homebuilder

TRI Pointe’s Revenue Jumps 1,621%—Before Big Buy From Weyerhaeuser

If you think TRI Pointe Homes Inc.’s revenue growth over the past 24 months is eye-opening, just wait until next year.

Cold Heat

Cryoport Gets Goods There Cold, Grows Revenue by Nearly 400%

Cryoport Inc.’s chilly business is fueling red-hot sales growth.