334 Homes Planned; 2021 Opening
Newport Beach-based Landsea Homes is the latest local homebuilder looking to boost sales of lower-priced houses in the Inland Empire.
SunCal Project Inks Trade Agreement
There are signs of life for a high-profile downtown Los Angeles project being overseen by Irvine’s SunCal Cos.
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.
Sales of offices, industrial buildings, retail space and apartments
Grieder Managements purchased a retail building from Albertsons Cos. for $10.3 million, or $237 per square foot.
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.
Irvine Co. promoted a trio of executives who report directly to Chairman Donald Bren at Orange County’s dominant real estate firm.
SERVICES: Five among 100 biggest
Orange County’s cluster of fitness chains pumped up their sales last year, according to data from trade publication Club 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 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.
Irvine-based Parcel Pending named former Greenwave Systems CEO Greg Memo its president, replacing Brad Farmer.
Los Angeles Angels of Anaheim centerfielder Mike Trout paid $9.2 million for a Newport Beach home.
An off-market secondary sale of Tech Coast Angel’s stake in Marina del Rey-based LeaseLock closed last week.
Quiet Logistics leased a 424,000-square-foot industrial building in La Palma.
Intracorp closed on an Irvine parcel that will hold 178 apartment units. It's also building in Fullerton.
San Diego-based civil litigators Tyson & Mendes have opened an OC office in the Irvine Business Complex under managing partner Richard Somes.