OCBJ WEBSITE DAILY STORIES

Medical Office Sales End 2020 on High Note

REAL ESTATE: $80.6M for office near Saddleback

Orange County’s office investment market ended 2020 in good health, in particular for buildings focused on medical uses

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Space Race

Richard Branson’s Space Tourism Co. Setting Up Base in Tustin

A billionaire-backed aerospace venture that aims to send wealthy tourists into space has touched down in Orange County.

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OCBJ INSIDER

Scenes from a Riot

Rep. Lou Correa shares firsthand account of Capitol takeover; New ghost kitchen restaurants sets up in Anaheim; Irvine’s Fitness International LLC remains country’s largest health club

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Evolus Faces Jeuveau Import Ban in Trade Dispute

AESTHETICS: Allergan gets boost; no trade secret

Newport Beach-based Evolus Inc. may face a 21-month import ban in the U.S. after ruling in case involving South Korean pharmaceutical companies and Irvine-based Allergan Aesthetics

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Hear This: Syntiant Intros Next-Gen Chip

TECHNOLOGY: CEO expects ‘significant’ ’21 revenue

Irvine chip technology company Syntiant Corp. has added a second-generation AI processor, aims for a significant revenue increase in 2021

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Slapfish’s Social Media Push Helps Restaurant Workers

DIGITAL: Chef Gruel’s GoFundMe aims for $1M

Huntington Beach-based Slapfish founder Andrew Gruel leverages social media to help restaurant industry — and to fill a void in what he’s called the absence of a functioning government

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Ephesoft, JIFFY.ai Link For Mortgages, Financial Services

‘HyperApp’ to Accelerate Loan Document Processing

Irvine-based software developer Ephesoft Inc. and automation technology company JIFFY.ai in Milpitas have teamed up to promote digital change in the financial services and mortgage industries

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Panasonic Avionics Sees AI Taking Off in Airlines

Passenger Satisfaction And Revenue Generation

Lake Forest-based Panasonic Avionics Corp. sees growing role for AI in struggling airline industry

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LBA Realty Building New Office at Park Place

40K-SF Creative Space; Luxe Movie Theater Nixed

LBA Realty is switching gears on plans for the former spot of the Sport Chalet, at the retail portion of its Park Place mixed-use campus in Irvine

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Bascom Venture Pays $100M For Wisconsin Buildings

Return Home of Sorts For Company Founders

Irvine-based Bascom Group wrapped up 2020 with its largest commercial acquisition of the past year

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Midday Stock Roundup

Evolus, banks lead OC increases

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OCBJ INSIDER

Battle of the Bands

A love for music runs deep among our collection of Business People of the Year winners, profiled in this edition.

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Hoag Delivers Modern Maternity Care to Irvine

HOSPITALS: Staff of 70 at Fudge Birthing Suites

Hoag Memorial Hospital Presbyterian plans to bring greater convenience and choice to expecting mothers at its new birthing center in Irvine

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Street Media Buys Iconic Village Voice

MEDIA: SF’s Marina Times also added to fold

Chapman University professor Brian Calle is building a mini media empire with his purchase of the Bay Area’s Marina Times and New York’s iconic Village Voice newspapers

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LoanDepot Hsieh: 2020 ‘Was Not a Drill’

FINANCE: Refi’s boom; hints at IPO

Loandepot.com LLC CEO Anthony Hsieh navigated 2020 with booming business

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Snyder’s Secret Sauce: Quality Food, Happy Employees

RESTAURANTS: Growth continues for In-N-Out

In-N-Out owner and president Lynsi Snyder’s most challenging year since taking over the president’s role in 2010 turned out to be a largely successful one

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Surfline Catches $30M in Funds, New CEO

SPORTS: Surf report has 3 million annual users

Huntington Beach-based firm Surfline kicks the new year off with new CEO and $30M in fresh funds

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OC Firms’ Optimism Slips For Start of 2021: CSUF

ECONOMY: Views differ on timing of recovery

Cal State University of Fullerton economists report OC executives' economic outlook remains optimistic into 2021, though sentiment is not as positive as three months ago

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Midday Stock Roundup

Medical Device Makers up, Led by ClearPoint

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BRYAN STARR

2019 OC 500

CEO, President, Greater Irvine Chamber

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Midday Stock Roundup

Axonics falls, RGP up

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OCBJ INSIDER

Year-End Predictions

Chapman President Emeritus and economist Jim Doti predicts 5.7% GDP growth for 2021; luxe home brokers predict continued strong area sales in 2021

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Grocer, Giver

Northgate González Fosters Community Across its Aisles

Northgate González Market’s growth has become an enviable success story for a family-owned business, with founder Don Miguel González’s 13 children and more than 30 third-generation family members involved in the business.

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Weedmaps to Go Public in $1.5B SPAC Deal

TECHNOLOGY: $160M in 2020 revenue projected

Orange County’s cannabis industry will get a major boost after Weedmaps parent company WM Holdings Co. goes public next year through a reverse merger that is expected to value the company around $1.5 billion.

New Cruttenden Apps Tackle Micro Investing

FINTECH: Gaming, education, data shaing

Walter Cruttenden, founder and former CEO of Roth Capital Partners LLC in Newport Beach, stepped away as CEO of gaming fintech Blast Inc., inviting his business partner Mike Gleason, co-founder and chief executive of Ant Transaction Machines, to take the spot.

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