Orange County Business Journal

OCBJ WEEKLY EDITION

Preferred Outcome

Marketing Programs Behind Growth of Service Provider for Independent HotelsPreferred Hotel Group’s 1,600-point hotel inspection is intense.

By Kari Hamanaka February 15, 2014 midnight   $$ Share
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Vizio Could Chart New Course After Deal Dies

The collapse of Vizio Inc.’s $2 billion sale to LeEco this month highlights the difficulty of completing deals between U.S. and Chinese companies in the current political-economic climate, though it presents one of Orange County’s best-known brands a range of options in the aftermath.

By Chris Casacchia April 26, 2017 10:37 a.m. share »
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FivePoint IPO Would Raise Millions, Add to Ownership Complexity

FivePoint Communities Inc.’s transition into a publicly traded company will make its executive team rich and provide plenty of financial cover for the next housing downturn. It should also free up plenty of cash for future real estate acquisitions in and out of Orange County.

By Mark Mueller April 25, 2017 10:22 a.m. share »
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Outside the Limelight

Orange County isn’t the first place filmmakers typically think of when setting up production companies. The history, money and panache permeating the industry has perennially been in Hollywood. Yet a cadre of filmmakers has planted business roots in Orange County, precisely as a counterpoint to Hollywood.

By Deirdre Newman April 24, 2017 10:56 a.m. share »

An Investment Outlier that Avoids U.S.

Peter Schiff’s EuroPac International Value Fund last year did something unusual in the investment world: It rocketed to No.1 on a Morningstar ranking from 100th place in 2015.

By Peter J. Brennan April 24, 2017 midnight share »

Irvine Co. Elevates Common Areas for Office Teamwork

Irvine Company’s own twist on the creative-office trend is gaining ground.

By Mediha DiMartino April 24, 2017 midnight share »

Continuing Ed for OC’s Community of Business

A single day last week bought a plethora of practical and poignant reminders that business is about continuing education at is core …

By Jerry Sullivan April 24, 2017 midnight share »

$56M Impac Mortgage Deal Involves Local Ties

Local real estate and private equity investors Richard and Todd Pickup have increased their already sizeable stakes in Impac Mortgage Holdings Inc. following a $56 million stock sale by the Irvine-based lender.

By Mark Mueller April 24, 2017 midnight share »

UCI Steps Up Research With New Nursing School

The University of California-Irvine adds fuel to health management with its newly designated school of nursing.

By Sherry Hsieh April 24, 2017 midnight share »

VC Investments Dip To Lowest in 2 Years

Venture capital investments in Orange County dipped to $182 million in the first quarter, the lowest amount since the $105 million worth of activity in the first quarter of 2015, according to the VentureSource report from Dow Jones.

By Peter J. Brennan April 24, 2017 midnight share »

Device Maker’s $5.5M Buy Grows Line

Glaukos Corp. in San Clemente paid $5.5 million to Dose Medical Corp. in Laguna Hills for wireless sensor technology to incorporate into Glaukos’ eye stent product line to treat glaucoma.

April 24, 2017 midnight share »

Solis Capital Sells Apparel Manufacturer

Solis Capital Partners of Newport Beach sold ML Kishigo Manufacturing Co. to London-based Bunzl PLC. Terms of the transaction weren’t disclosed.

April 24, 2017 midnight share »

Emerald Expositions Prices Its IPO

Emerald Expositions Events Inc. in San Juan Capistrano is slated to raise about $300 million in its initial public offering, according to documents filed with the Securities and Exchange Commission.

April 24, 2017 midnight share »

Restaurant Founder Starts Arts Nonprofit

Pick Up Stix founder Charles Zhang created nonprofit O.C. Music & Dance to provide musical arts education and training to children, regardless of their family’s ability to pay.

April 24, 2017 midnight share »

Naude’s Vissla Turns Industry Heads 3 Years In

Vissla, three years after its inception, emerged as the men’s apparel brand of 2016 at the Laguna Niguel-based Surf Industry Manufacturers Association’s annual gala this month.

By Mediha DiMartino April 24, 2017 midnight share »

Disney Teases Star Wars Land Through Tight Lips

Walt Disney Co. recently released a few details about its upcoming Star Wars Land—very few.

By Paul Hughes April 24, 2017 midnight share »

Employment Agency Numbers Reflect Hot Job Market

Orange County’s job market produced some apparent anomalies in the placement of temporary and permanent workers last year.

By Paul Hughes April 24, 2017 midnight share »

ADDENDUM

Irvine-based Mazda North American Operations hired Dino Bernacchi as chief marketing officer, a new position.

By Hannah Mitchell April 24, 2017 midnight share »

Could Interest Rate Increases Affect OC’s Market?

The historically low 3.5% interest rates that the country enjoyed between 2013 and the end of last year couldn’t last forever.

By Kim Haman April 24, 2017 midnight share »

OCBJ Calendar

This week's business and other event listings.

By Dana Truong April 24, 2017 midnight share »

Innovation Institute Wants to Add Genomic Work

Innovation Institute LLC named Christina Waters executive-in-residence at its lab-incubator-accelerator in an effort to begin genomic medicine work.

By Sherry Hsieh April 24, 2017 midnight share »

Software Maker, Sports Subsidiary Get Cash Infusion

An Irvine-based company that’s poised to open a Series A raise seeking $5 million just received two investments.

By Deirdre Newman April 24, 2017 midnight share »

Outlets Developer Gets Support to Position New Center

Craig Realty Group in Newport Beach hired hospitality, retail consulting and brokerage firm Brandon-California to help brand and plan the tenant mix for the second phase of its Outlets at San Clemente.

By Mediha DiMartino April 24, 2017 midnight share »

Sites Near 55 Freeway Eyed for Industrial, Chick-Fil-A

Big changes could be in the works for a large industrial property just off the Costa Mesa (55) Freeway in Santa Ana.

By Mark Mueller April 24, 2017 midnight share »

WD Warns Toshiba Against Deal With Broadcom

A global battle is brewing among three tech giants with sizeable operations in Orange County.

By Chris Casacchia April 24, 2017 midnight share »

Real Estate Deals

Jangie LLC sold a 28,078-square-foot industrial building in Santa Ana to Six Points Management LLC for $5.2 million, or about $186 per square foot.

April 24, 2017 midnight share »
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Business Journal Publisher Introduces New Editor

I am pleased to announce that Pete Weitzner will be joining the Business Journal’s newsroom as its new editor, commencing the last week of May.

April 21, 2017 10:45 a.m. share »
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Execs’ Optimism Dips As Election High Fades

Optimism among Orange County business owners and executives has subsided after the all-time high recorded in the first quarter, according to the latest California State University-Fullerton’s Orange County Business Expectations Survey.

By Peter J. Brennan April 20, 2017 10:15 a.m. share »
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Houzz It Done It?

It started out in 2012 as a small, 18-person office in Irvine whose “tight-knit” team had breakfasts and lunches together. Nowadays, Orange County is home to the biggest chunk of Palo Alto-based Houzz Inc.’s workforce. About 500 employees work in support, sales and e-commerce for the online home-improvement idea generator and marketplace.

By Mediha DiMartino April 19, 2017 10:39 a.m. share »
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Western Digital Shifts HQ to San Jose in Hit To OC’s Tech Prestige

Orange County’s largest public company has switched its headquarters designation to Silicon Valley, a reminder of the influence and attraction of the world’s top tech center, and yet another hit to OC’s corporate base.

By Chris Casacchia April 18, 2017 10:28 a.m. share »
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Two Acquisitions Paved Way for New Western Digital HQ

Western Digital Corp.’s newly designated headquarters in San Jose reflects the growing influence and importance of the company’s two priciest buys in its 57-year history.

By Chris Casacchia April 18, 2017 10:11 a.m. share »
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LoanDepot Focus ‘Customer Experience’

Dominick Marchetti is on the hot seat at loanDepot LLC, the fast-growing mortgage lender based in Foothill Ranch.

By Peter J. Brennan April 17, 2017 10:26 a.m. share »

Businesswoman Thrives in Male-Dominated Realms

“Pretty little girls like you become bitches-on-wheels if you go into business.”

By Deirdre Newman April 17, 2017 midnight share »

Mom’s Love for Baby Inspired Specialized Line

They say that what you don’t know won’t hurt you, or in Pazit Benezri’s case, stifle her entrepreneurial spirit.

By Mediha DiMartino April 17, 2017 midnight share »

Food, Lifestyle Firm Gets Funding on Way to $750K

Irvine-based Ergo Accel has invested in a company that’s developed a mobile platform to personalize food, drink and lifestyle choices.

By Deirdre Newman April 17, 2017 midnight share »

Jimmy P Bowls Doti Over for Shea

Could there have been any doubt that something unique would happen when the Shea Center for Therapeutic Riding put Jim Doti and Jim Peterson on stage together?

By Jerry Sullivan April 17, 2017 midnight share »

4000 MacArthur Office Property in NB on Block

The 4000 MacArthur office complex in Newport Beach is for sale again in what could prove to be Orange County’s largest office transaction so far this year.

By Mark Mueller April 17, 2017 midnight share »

Allergan’s Irvine Campus Key to Open-Science Focus

Allergan PLC hasn’t been shy about declaring a plan to grow its “open science” pipeline since Actavis PLC acquired the company two years ago.

By Sherry Hsieh April 17, 2017 midnight share »