Host Hotel Says Deal Imminent
Shortly after selling the Newport Beach Marriott Bayview in the largest local hotel sale in nearly a year, Host Hotels & Resorts is looking to unload another local property.
Founder to Focus On Development Efforts
Aliso Viejo-based Global Genes, a nonprofit that works to connect and educate people suffering from rare diseases, this month appointed Kimberly Haugstad as chief executive.
How Inflation’s Return Will Affect Orange County’s Real Estate
There is a lot of debate over where inflation has gone and when, or if, it will return. There are some old theories evolving (or devolving), such as Modern Monetary Theory, or MMT, that attempts to describe the current conundrum of our lost inflation.
Newport Beach-based Landsea Homes bought 334 lots at Ontario Ranch, and 8,200-acre master plan near Interstate 15 and the Pomona (60) Freeway.
Aliso Viejo-based OCTANe’s LaunchPad accelerator raised $307 million through the first six months of 2019.
Shares of Edwards Lifesciences Corp. were down 3.5% in midday trading Thursday, after the Food & Drug Administration said the company had recalled part of a transcatheter heart valve system made since last year.
Irvine Co. promoted a trio of executives who report directly to Chairman Donald Bren at Orange County’s dominant real estate firm.
GAMING: $200M+ reverse merger complete
Allied Esports Entertainment Inc., an Irvine-based company that runs venues and live events for online gaming enthusiasts, sees major growth possibilities for the competitive side of the industry.
HOSPITALITY: Ritz, Montage trade expected
A South Korean financial services group has emerged as the likely buyer for two of Orange County’s poshest coastal resorts, which could trade hands for $900 million or more on a combined basis.
Irvine-based Masimo (Nasdaq: MASI) invested in Würzberg, Gemany-based TNI Medical AG.
Orange County’s unadjusted unemployment rate rose to 3.2% in July from a revised 3.0% in June and unchanged from the year-ago estimate, according to the state Employment Development Department.
Irvine-based Steadfast Cos. will merge three non-traded real estate investment trusts into one entity with $3.3 billion in assets, including 71 properties across 14 states.
The Securities and Exchange Commission today charged Stuart Frost of Laguna Niguel and his investment advisory firm Frost Management Company LLC, with fraud and breach of fiduciary duties for charging over $14 million in undisclosed and excessive incubator fees to start-up companies.
Irvine-based ChromaDex (Nasdaq CDXC) will sell $7 million of its common stock in a private placement, with a closing expected Aug. 15.
Irvine-based data analytics company Alteryx Inc. (Nyse: AYX) hired Amy Heidersbach as chief marketing officer to help fuel further growth.
Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) named Jason Weintraub its Chief Legal Officer, a new position.
The University of California at Irvine ranked No. 1 on Money magazine’s 2019-20 list of the nation’s “Best Colleges.”
An off-market secondary sale of Tech Coast Angel’s stake in Marina del Rey-based LeaseLock closed last week.
Greg Creed will retire as chief executive of Yum Brands Inc. (NUSE: YUM) Jan. 1 and be replaced by David Gibbs, current president and chief operating officer of the Louisville-based fast food franchiser of KFC, Pizza Hut and Taco Bell.
Allied Esports Entertainment, an Irvine-based company that runs facilities for online gaming enthusiasts, as well as the World Poker Tour, went public Monday by reverse merger.
Intracorp closed on an Irvine parcel that will hold 178 apartment units. It's also building in Fullerton.
Glaukos Corp. (NYSE: GKOS), a San Clemente-based maker of devices to cure glaucoma, will purchase Avedro Inc. (Nasdaq: AVDR) to add what it calls “disruptive bio-activated pharmaceuticals.”
San Diego-based civil litigators Tyson & Mendes have opened an OC office in the Irvine Business Complex under managing partner Richard Somes.
Irvine-based data analytics software maker Alteryx (Nyse: AYX) intends to offer $350 million of convertible senior notes due 2024 and $350 million of senior convertible notes due 2026, the company said in a statement today. Some of the proceeds may be used for acquisitions.
Irvine-based Habit Restaurants Inc. (Nasdaq: HABT) signed deals to add 32 locations in new territories for the fast casual burger chain—New England and Cambodia.