Stan Ross, who had a major influence on Southern California’s real estate industry through his accounting and finance work, died at age 82 on Sunday from complications of a stroke.
Pacific Hospitality Group Chief Investment Officer Kory Kramer left the Irvine-based hotel owner-operator to start a hospitality venture. He’s now a consultant with PHG, which named a new vice president of investments to take on some of his former responsibilities.
Irvine-based Sabra Health Care REIT Inc. (Nasdaq: SBRA) completed the previously announced sale of 12 facilities leased to Genesis Healthcare Inc. (NYSE: GEN) for $134 million.
Irvine-based online distressed real estate auction company Auction.com promoted Amit Aggarwal to chief technology officer on Monday.
Average daily rates at hotels in seven Orange County submarkets increased year-over-year in both year-to-date and month-of-April comparisons, according to CBRE Hotels in Los Angeles; the real estate broker and consultant also increased its national hotel market outlook for the year.
Irvine Co. today named Scott Hermes its resorts division president to succeed Ralph Grippo.
Disneyland Resort has begun building a 6,500-space parking structure valued, according to permits, at $100 million, and part of the park’s’ $2 billion expansion, which also includes a fourth hotel and Star Wars: Galaxy’s Edge.
Walt Disney Co. said Star Wars: Galaxy’s Edge will open at Disneyland Resort in summer 2019; the Walt Disney World iteration will follow in late fall.
Annette Walker has been named president of City of Hope, Orange County, in charge of developing the cancer center planned for the Great Park Neighborhoods in Irvine.
A new student housing REIT backed by the Rich Uncles investment group named Raymond Pacini chief financial officer.
Gkkworks, an Irvine-based architectural firm with 100 employees, has been bought by CannonDesign.
REAL ESTATE: Largest Q1 lease for Cerritos Ave. building
Walt Disney Co. recently signed a lease for an industrial building in Anaheim, the latest notable real estate move of Orange County’s largest employer and the biggest industrial lease in OC so far this year by square footage.
State regulators fined Greka Oil & Gas $12.6 million for safety violations related to the Richfield oil fields northeast of Anaheim.
Auction.com named Min Alexander chief operations officer, replacing Javid Jaberi, who the company said is retiring.