OCBJ SPECIAL REPORTS
Montrose Goes Through Lengthy IPO Process
CFO Recalls Pulling Back at Pandemic’s Start
The pandemic affected everything, including the initial public offering of Irvine-based environmental consulting firm Montrose Environmental Group Inc.
GardenWalk’s New Talk: Pod Hostel, Cat Café
SHOPPING CENTERS: Unique proposals for Anaheim mall
New plans are under consideration to revitalize portions of Anaheim’s GardenWalk, including accommodations that would serve a much different tourism base
Advanced Stays Local for Apartment Buying Binge
$350M in 2020 Buys; Westminster, Anaheim
Irvine’s Advanced Real Estate Services Inc. was among Southern California’s most active multifamily investors in 2020, and certainly the busiest buyer in the area in the closing months of the year.
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.
New Alteryx CEO Anderson: Buys Likely
TECHNOLOGY: Analytics co. has almost $1B to spend
Wall Street watching
Chipotle Continues to Feed Digital Business Growth
RESTAURANTS: Ghost kitchen, innovation center
Recent moves to establish a ghost kitchen presence and Irvine testing center by Chipotle Mexican Grill Inc. proves limber evolution isn’t just for scrappy start-ups.
Fast Growing Public Cos. Post $15.7B in Revenue
24 Firms Make List; Health, Tech Leads
The ranks of large publicly traded companies in Orange County is increasing as is their market capitalizations, but the rate of growth seen at those businesses is slowing.
Eagle Four, Lyon Buy Newport Beach Marriott
HOTELS: $216M; top state sale for ‘20
Locals own several OC sites
Mobile Homes Draw Investors, Development Plans
Surf City and Other Cities See Activity
The humble RV park is getting its time in the sun in Orange County.
Big Mike Builds Downtown Deals
Industrial, Office Sales in Santa Ana Top $117M
Well-known Santa Ana property owner Mike Harrah has been active on the selling front as of late, trading two of his larger and longer-term holdings in the city for more than $117 million.
Banks Debate ‘Lending into a Pandemic’
FINANCE: Main Street program slow at start
If a company’s revenue falls in half to say $25 million from $50 million the preceding year, most banks would be reluctant to issue a new loan, citing regulatory and audit issues.
OC Banks See Assets Surge 31% to $44.8 Billion
Say PPP Loans Helped Attract New Customers
Assets at Orange County-based banks soared 31% as they benefitted from new clients brought on by the government’s Paycheck Protection Program (PPP) to help small business survive during the shutdown caused by the coronavirus.
Credit Unions Accelerate Asset Growth 26%
Membership Flat; Net Income Growth Slows
Orange County’s credit unions saw their asset growth increase accelerate with a 26% increase, according to the Business Journal’s annual ranking.
Building a Culture
C.W. Driver’s Top Project: Prioritizing Employees
C.W. Driver's top project: prioritizing employees
Ivantis Keeps Eyes on Well-Being of Employees, Patients
DEVICES: $26M in first full-year sales
Irvine-based ophthalmologic device maker Ivantis Inc. has witnessed what its chief executive is calling one of the most successful U.S. medical device product launches in 20 years.
