FINANCE

Midday Stock Roundup

Clean Energy soars on Credit Suisse rating; Iteris drops on Q3 miss

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Stephen Gordon Wins Approval for New Bank

Announces executive team for Genesis Bank

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OCBJ INSIDER

New Homes

Irvine’s First Foundation Inc. moves holding company to Dallas; new H Mart to open in Irvine; local businessman Sir Torben Aaskov, Chapman U grad, knighted by Queen Margrethe II

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Tennis Sites Serve Up Development Opportunities

REAL ESTATE: Courts, clubs eyed for redevelopment

As Orange County real estate investors eye infill redevelopment projects as a means to offset land scarcity, one product type continues to serve up interest.

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Marque Elbows Into Fashion Resale Market

RETAIL: Luxe reseller’s focus is catering to the trade

Quentin Caruana was pushed into the retail business following the subprime mortgage crash of the last recession.

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Midday Stock Roundup

Skyworks up on earnings; Axonics falls

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First Foundation to Move Holding Company to Dallas

Plans to expand into Texas

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Midday Stock Roundup

Inari, Ducommun lead OC declines

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UCI Plots $1B Health Hub

Acute Care Hospital, Outpatient Center to Open Near Irvine Campus

University of California, Irvine received the green light for a long-awaited $1B medical center on the north side of its Irvine campus

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OC Insider

Legal Scores

Keller/Anderle LLP trial lawyer Jennifer Keller ranked No. 1 attorney by SoCal Super Lawyers; Evan Moore, former NFL tight end, scores apartment complex via Stratford Capital investment firm; Jeff Moorad's Newport Beach MSP Sports Capital bought soccer clubs in Spain and Portugal since 2019

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Millennials Seeking Homes, Mortgages Boost Cloudvirga

Revenue Doubled in ’20; More in Store for 2021

Irvine-based Cloudvirga, a fast-growing mortgage software company, said its revenue doubled last year and it expects similar growth in 2021, spurred on by millennials and other first-time homebuyers

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Local Buyer Scores Tustin Apartments

Former NFL Player Part of Strattford

Local investment group Strattford Capital LLC headed by a former NFL player has acquired the 80-unit Woodside Garden Apartments in Tustin for $26M

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LoanDepot’s Marketing Spend Tops $1.2B

Pairs Big Data, Analytics With Traditional Marketing

Foothill Ranch-based loanDepot Inc.’s initial public offering compares much different to its current pending IPO, with sales of more than $3B in the first nine months of 2020, and a workforce topping 10,000

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Midday Stock Roundup

Restaurants, led by BJ’s, fall; ClearPoint on the rise

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OC Unemployment Rises to 7.4% in December

Leisure and hospitality sector loses 14,300 jobs

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Allied Universal Makes 2 Acquisitions

Adds $477M in Revenue, 13,600 Employees

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Midday Stock Roundup

Collectors Universe leaps on higher offer; TriPointe rebrands name

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Rivian Raises $2.65B

Amazon Climate Pledge Fund among investors

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OCBJ INSIDER

New Drives

What’s ahead for Foothill Ranch’s loanDepot; Tesla's $800B plans to expand in Irvine; Irvine’s Rivian is nearing another funding round, valuing the company close to $25B

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Home Design Studio Chain Interior Logic Plans IPO

REAL ESTATE: Serves top 20 builders in US

Irvine’s Interior Logic Group Holdings Inc. plans to build a much bigger national footprint

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Olen’s Southeast Rental Portfolio Now Tops $2B

REAL ESTATE: Charlotte push; office buy near Nashville

Olen Properties Corp.'s late-year acquisition spree in the Southeast pushed the value of the Newport Beach-based real estate investor’s growing apartment portfolio past $2B

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Irvine Housing Developments See Strong 2020 Sales

Among Top 50 Master Planned Communities

Irvine Co.’s Irvine Ranch and FivePoint Holdings LLC’s Great Park Neighborhoods made the John Burns Real Estate Consulting list of the 50 most successful master-planned communities in 2020, ranked by sales

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Hall & Co. Acquired by MGO

Irvine accounting firm joins Los Angeles company

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Midday Stock Roundup

Inari blows away revenue estimates; Avid Bioservices continues rising

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