OCBJ SPECIAL REPORTS
Investment Sales Help Push Up Total By 16%
Increased property sales volume, particularly for larger buildings and land sites, in addition to gains in leasing activity, resulted in another strong year for Orange County’s largest commercial brokerages.
5M SF of Buildings Added Over Past Two Years
Orange County’s largest commercial property managers’ local portfolios grew modestly over the past year as they made larger gains outside the area.
Creative-Office Trend Up, Distressed Deals Down
Local investors turned their attention to large fixer-upper properties across Orange County last year as insurance companies looking to invest here largely placed their money in more stabilized assets in a banner year of dealmaking.
43% Increase on Gains In Home, Commercial Work
Orange County’s largest title insurers’ business picked up last year, and they’re preparing for another active year in transaction volume and potential industry consolidation.
Italian Food at Home, Trips To Italy Inspired Eateries
Cathy Pavlos, co-owner and chef of Lucca in Irvine and Provenance in Newport Beach, has earned her place as one of Orange County’s most admired chefs. She is our 2016 Restaurateur of the Year.
Largest Deals of Past Year To Hold 2,500+ Homes
If there’s a housing downturn on the immediate horizon in Orange County, someone forgot to tell the homebuilding industry and its land buyers.
New Community Count Now Picking Up Across OC
New-home sales in Orange County took a step back last year as two of the region’s three largest master-planned developments brought no new offerings on line until late in the year.
Orange County hospital and medical group executives say this year will be a busy one for them, with new outpatient centers, technology and changes in how they deliver healthcare. The Business Journal’s Vita Reed asked several local CEOs to share their plans as the year rolls out. Edited excerpts of their responses follow.
Plans Efficiencies, New Academic Programs, More
A new leader has taken the helm of UC Irvine Health, the University of California-Irvine’s healthcare enterprise, directly overseeing its academic work and with proximity and oversight of its clinical work, something he said is unique among the five UC campuses with extensive medical operations.
Biggest Combine to Reverse Previous Year’s 21% Decrease
Net patient revenue at Orange County’s 28 largest hospitals jumped significantly over the past 12 months while the centers posted a narrow pretax loss.
The Business Journal’s Deirdre Newman asked locally based attorneys about their offices’ plans to innovate and grow this year and what they expect in general this year, including any foreseen effects of the presidential election in November. Here are edited excerpts of their responses:
Says US Supreme Court Win Boosts OC Law Cred
If someone buys a Eurail pass online in the U.S. and then gets injured on a train in Austria, does he or she have the legal right to sue overseas entities in U.S. courts?
Those With No Legal Reps Include Business Owners
Juan Rodriguez said he never imagined when he and his ex-girlfriend split up that eight years later he would still be in the throes of litigation over custody of their children. He wasn’t sure where to turn for help when he decided to appeal fees paid to a therapist who was not court-appointed.
List of 86 Offices Includes Nine Newcomers
Partner ranks at Orange County law firms grew more in the past year while the number of overall attorneys and firm employees were flat.
Reporter Michael de los Reyes asked a sampling of Orange County bank executives, presidents, managers and others in the banking and credit union industry what they’re expecting in terms of further interest rate increases by the Federal Reserve and how their institutions are preparing for that possibility. Edited excerpts of their responses follow.