Mark Mueller covers commercial and residential real estate for the Orange County Business Journal. His beat also includes title insurers and mortgage lenders, as well as government stories that relate to real estate. He can be reached at email@example.com.
Bethesda, Md.-based DiamondRock Hospitality Co. said it has bought the Shorebreak Hotel in Huntington Beach for $58.5 million.
REAL ESTATE: Gets low-rises in SoCal, 10-story Dallas office
Recent deals for three low-rise offices in Southern California capped off an active couple of months for Newport beach-based Buchanan Street Partners, which has also added a 10-story office in Dallas to its portfolio of recent investments.
REAL ESTATE: Top builders in area combine to top 4,000 mark in 2014
More than $3.5 billion was spent on new homes in Orange County last year as the area’s busiest builders reported the most sales here in a decade.
Irvine Ranch, Pavilion Park, RMV Counter Nat’l Trend
Sales at Orange County’s best-selling masterplanned residential developments showed no signs of slowing last year and are poised for more growth this year, despite a cooling trend across much of the country.
Less Risk, Fast Sales Appeal to Publicly Traded Firms
Orange County’s largest masterplanned developments are driving a bulk of the recent new-home sales in the region, but plenty of builders are also finding success buying land for residential projects off the beaten path.
REAL ESTATE: Four offices total 365,000 square feet
Menlo Equities LLC has added four more offices to its already sizable holdings in Foothill Ranch and Lake Forest, in a pair of acquisitions valued at more than $60 million.
Clarion, Pacific Industrial Buy Site From Greenlaw
Land in Brea that once held an RV storage facility is on the fast track to hold one of the city’s largest new industrial buildings.
$100M+ Deal Follows Big Lease for Hyundai Capital
The 4000 MacArthur office complex in Newport Beach has traded hands for more than $100 million, just weeks after the two-building property landed one of the largest tenants on the market.
REAL ESTATE: Buys Douglas Park land from Sares-Regis
Newport Beach-based Burnham USA Equities Inc. has bought nearly 30 acres of land next to Long Beach Airport where it’s planning one of the largest retail projects in the city in years.
Aliso Viejo-Based Hotel Investor Sheds Debt, Gains Leverage
Bryan Giglia has helped Sunstone Hotel Investors Inc. complete a corporate makeover as extensive as any redevelopment the company has undertaken for one of its portfolio hotels.