Solitary Work Connects Care, Corporate Concerns
They say there’s balance in nature.
Irvine-Based Company Grows With New Office
SpringboardAuto, an Irvine-based online direct lender that connects customers with auto lenders, has doubled its office size and now plans to double its employee count to 100 by the end of the year.
Ready to Roll Out Device, Says First Order in March
Given the particularly bad flu season (see related story, page 26), GermFalcon’s germ-killing device is well-timed. The device uses ultraviolet-C light, the kind used in hospitals, to disinfect airplane cabins.
Nondrug Therapy TMS Targets Depression
Mission Viejo-based MYnd Analytics Inc. (Nasdaq: MYND) is in the business of behavioral health.
Partners With BitAuto Holdings on Digital Projects
J.D. Power in Costa Mesa formed a partnership with China-based automotive website BitAuto Holdings Ltd. to “build the most efficient automotive big data center and artificial intelligence platforms serving China’s automotive industry.”
UDR Nears Finish Of $350M Luxe Rentals
Apartment owner and developer UDR Inc. is finding plenty of local assets to unload to pay for its $350 million project under way at the Pacific City mixed-use development in Huntington Beach.
CEO Says ‘Almost Like Back to the Future’
Kofax Inc. is back in the buying business under the more stable footing of Chicago-based private equity parent Thoma Bravo.
Sales and leases of offices, industrial buildings, retail space and apartments
Colton Family Trust sold an office building to YMCA of Orange County for $5 million, or $228 per square foot.
Other items of interest Orange County Business Journal Vol. 41, No. 8
Irvine’s Pacific Premier Bancorp agreed to acquire Grandpoint Capital Inc. in an all-stock deal valued at $641.2 million.
Olen Sells 40-Story Tower
Igor Olenicoff, Orange County’s third-wealthiest businessperson, should be a bit richer after the sale of his company’s most valuable office property—a skyscraper it owned in downtown Chicago.
REAL ESTATE: 1 of 2 Orange offices sold for $180M
Newport Beach-based KBS Realty Advisors, one of the country’s largest office owners, is poised to buy central Orange County’s biggest office tower in what would be its priciest local acquisition in over a decade.
TECHNOLOGY: Declares 2018 ‘Year of the Robot’
A 2013 acquisition laid the foundation for Kofax Inc.’s fastest-growing line of business as corporations seek to replace human workers with automated software in the digital age.
FINANCE: Analysis shows biggest entities in good shape
The 10 largest issuers of municipal debt that aren’t school districts owe a cumulative $9.84 billion, according to a Business Journal analysis.
Mortgage Broker Plans Offerings for a Lifetime
One old entrepreneur story has it that someone who knows nothing about an industry launches a venture, buys a fictitious-business name filing published in a favorite local business journal, and with some unsexy stuff in-between, is eventually visited by success, snagging a slew of small-business honors, buying a Revero, then doing it all over again. Alex Chen is doing it all wrong.
Selling Entrepreneurs On ‘Extreme Discount’
“I’d rather work a hundred hours for myself than 40 hours for someone else,” says Ryan Stack.
Patty. By now you know the tragic story of CDM High School student Patrick “Patty” Turner. Patty took his life on Saturday, Jan 27. The sophomore’s final exams started the following Monday.
RETAIL: Titan Industries doubles down on Mischka
Footwear licensee Titan Industries Inc. has lived up to its name for the past 20 years, attracting deals with apparel brands like Joe’s Jeans and Betsey Johnson while also helping celebrities Gwen Stefani and Zendaya launch footwear lines.
REAL ESTATE: Ground floor of office to get retail
The smallest of the four offices run by C.J. Segerstrom & Sons next to South Coast Plaza in Costa Mesa, the seven-story 3420 Bristol St., is getting a makeover designed to bring its appearance more in line with its high-rise brethren.
HEALTHCARE: New Aliso Viejo HQ; hiring 120
A primary care doctor is the first stop for a patient’s medical care, including chronic disease management.
REAL ESTATE: 218-home site buy as Lennar deal nears
Irvine-based CalAtlantic Group Inc.’s last big land deal as a stand-alone company could turn out to be a 14.5-acre site it just bought a few miles from its headquarters at the Tustin Legacy development.
Shock spread through the Long Beach community three weeks ago—even three-time Olympic gold medalist Misty May-Treanor, Golden State Warriors rookie Jordan Bell and Philadelphia Phillies shortstop J.P. Crawford expressed their surprise on Twitter.
SPORTS: Agency Athletes First, QB client just got busy
Justin Schulman’s phone hasn’t stopped ringing since his client pulled off one of the most stunning performances in Super Bowl history.
CALL FOR ENTRIES: Website to take entries through March 16
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Activity Level Belies Slow-Growth Numbers
2017 revenue and hiring at Orange County-based minority-owned businesses showed little change from 2016, according to Business Journal research—including slight declines at companies such as No. 3, Alorica in Irvine, and No. 7, New American Funding.
Got European, US Clearances, Stock Uptick
January was a busy month for Irvine-based patient monitoring device maker Masimo Corp., which announced Food and Drug Administration approval of two devices.
Various Tacks to Get Vast Audience’s Attention
Several Orange County-based companies were part of the enormous marketing push around Super Bowl LII on Feb. 4.
New Projects Lease Up; $105M Buy in San Diego
Irvine Co., Orange County’s dominant office landlord with a local portfolio topping 26 million square feet, has had an active few weeks in two of its other key markets: Silicon Valley and San Diego.
HNA Group in Cash Crunch; Debt Going Up
The ongoing financial troubles of HNA Group won’t affect operations of Ingram Micro Inc., the company told the Business Journal.
Plans to Use Blockchain To Fuel Instant Service
An Aliso Viejo company is among the first global crop of startups this year to raise funding through an initial coin offering.
‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner
Seventh-grade entrepreneur, TED talker and Richard Branson protégé Carson Kropfl insists he “wasn’t an overnight success.”
Other items of interest Orange County Business Journal Vol. 41, No. 7
Leadership changes were announced at Huntington Beach-based Boardriders Inc. following the presumed death of Chief Executive Pierre Agnes, who was lost at sea off the coast of France.
Wallpaper, Color Changes, Mixed Metals Mix It Up
The holiday trappings have been put away until next year.
Her Resume is Loaded, Stellar, and Slated to Add One More Big Name
In a meeting last month at Broadcom Ltd.’s San Jose headquarters, Hock Tan asked Julie Hill why she wanted to join a board takeover of rival Qualcomm Inc.
TOURISM: Ex-resort executive D’Amaro returns to Disneyland
Disneyland Resort presidents move up or out.
APPAREL: Head of newly combined surfwear giant lost at sea
Boardriders Inc. lost President Pierre Agnes less than a month after the Huntington Beach-based action sports giant announced a deal to acquire main competitor Billabong International Ltd. in Australia.