OCBJ SPECIAL REPORTS
Clients’ Peace of Mind On Money Unites Employees
Economists and financiers traditionally measure success by examining an organization’s income statement, balance sheets and cash flow statement.
The Business Journal’s Best Places to Work lists are the result of months of surveying workers and managers at local employers.
Office Buildings, Former Crystal Cathedral Get Treatments
Brutalism, a mid-20th-century architectural style, appears aggressive—even violent—but broke ground when Swiss architect Le Corbusier described the design look he sought: “béton brut” or “raw concrete.”
30 Firms Do $909M In Work, Grow Revenue 16%
Orange County’s 30 largest tenant-improvement contractors continued to grow last year, combining for $909 million in local work.
Numerous changes occur in the U.S. financial accounting and reporting standards each year, but only a handful affect every company—large or small, technology-based or traditional service providers— and one of those takes effect soon.
Boost Employment By 6%, Big Four Again Lead Pack
Orange County’s largest accounting firms combined to grow the industry’s local work force by 6% over the year through June for the fifth consecutive year of gains as the economy and business regulation expanded.
Local Employment Up 9%, Firmwide Staff Rises 19%
Orange County’s top management consulting firms experienced 9% growth to employ about 1,760 locally in the year ended June 30, many of them adding staffers.
Survivors Mix Consistency, Warmth to Stay at the Table
I did not realize until I started researching for this mini-tome that we had so many restaurants that have endured for at least 25 years in Orange County. I’d been to some of these in the reasonable past, but not all, so I was a busy gal catching up on the status of the others.
Family Ties, European Training Fuse at The Ranch
It’s part of my job to watch what a lot of chefs are doing. Some, of course, are more impressive than others. Watching a fine chef open a restaurant and keep on doing his job so well that the public, year after year, continues to embrace the concept and the food makes for a great candidate for Chef of the Year.
Nearly 3M SF Completed; Projects Spread Across OC
Orange County’s top commercial real estate developers posted their most active year of completed projects in a decade with a variety of sizeable product types opening across the region over the year ended April 30.
Revenues Here Highest Since ’09, Backlog Down
Orange County’s largest commercial construction companies took in the most revenue since the Great Recession, although a shrinking backlog and ominous economic reports raise questions about the industry’s continued growth.
Irvine-based Private Equity Firm Steps Into VC Realm
Irvine-based Lotus Innovations LLC is a hybrid private equity firm that focuses on emerging technology companies and provides back-office operations and staffers to its entrepreneurs, both rarities in the sector.
Every year, the Business Journal makes its best effort to compile a list of local banks and lenders, in addition to investment banks. Some changes this year include Orange County Business Bank, which now operates as HomeStreet Bank since its merger on Feb. 1. Among other changes: Previously listed Johnson Capital Group Inc. was acquired by Bethesda, Md.-based Walker & Dunlop on Nov. 3, 2014; CIT Group Inc. acquired OneWest Bank on Aug. 3, 2015 and now operates as OneWest Bank, a division of CIT Bank, N.A. First Security Business Bank closed its single branch in Orange; FBR & Co. and CW Financial Services LLC closed their offices in Irvine; and Holliday Fenoglio Fowler LP is now HFF LP.
Toba New No. 1 After Versant, Ventana Exit OC
The most active venture capital firms with local headquarters or significant operations and ranked by amount invested in OC companies combined for about $56 million in 39 portfolio deals last year. That’s about 35% less money than the top VCs invested in 2014 in about the same number of completed local deals.
Destination Marketers, Others Hunt for Ways to Stand Out
More local cities, marketing groups and hotel companies are using data to decide how to reel in new business.