OCBJ WEEKLY EDITION
Disneyland Rising
TOURISM: New ride completes Galaxy’s EdgeGalaxy’s Edge’s second act
OC LEADER BOARD
The Folly of Central Planning
The Southern California Association of Governments (SCAG) recently mandated its six-member counties and 191 member cities build 1,341,849 new housing units by 2029.
Cancer Centers Take Center Stage
OC’s Growing Hub for Cancer Care, Research, Funding
$1 billion is just the beginning.
Buffalo Spot: Wings, Fries Concept Takes Flight
RESTAURANTS: 30 doors now; owner seeks national chain status
The Buffalo Spot describes its signature and best-selling Buffalo Fries dish as “the intersection of the potato and chicken,” flavored with sauces that range from Cajun to Sweet Sriracha.
MemorialCare Goes Small to Lower Costs
HOSPITALS: CEO Arbuckle promotes outpatient centers
Barry Arbuckle says he is developing a new way to control costs in the health industry.
Safran In-Flight Unit Ups Brea Footprint
AEROSPACE: 209K-SF lease includes build-to-suit
Safran Passenger Innovations, a Brea-based subsidiary of French aerospace giant Safran Group, is moving its local headquarters into a bigger area facility, and is also getting a new building constructed for its growing operations in the city.
OC’s In-Flight Focus
If you’re taking a cross-country or international flight and have nothing to occupy your time while on the plane, don’t blame OC’s cluster of in-flight entertainment systems manufacturers and software providers.
Supporting Cast
Cancer care lives beyond oncology centers.
The Nonprofit with an $80M PE Fund
MemorialCare Health System has its own private equity fund with about $80 million.
Revived UCI Sleep Center Focuses on Mental Issues
HEALTHCARE: Seeks more home tests, UCI sites
Sleep is providing a window into our health, particularly psychiatric problems, according to Dr. Ruth Benca, a world-renown expert on sleep.
Local Medtech Scene Showcasing Newest
Firms Seeking Support At Emerging Summit
Sometimes, you can’t tell the medtech players without a scorecard.
Eyes On ...
Here are some startups to watch in OC’s medtech arena.
Medtech Rising
A number of teams, most from out of the area, are sending players to Dana Point this week to talk medtech.
Hospitals: Some Changes in Revenue, Fewer in Ranks
31 Facilities; $9.1 Billion; A Few Double-Digit Swings
To say hospitals are stable is a good thing, especially for people spending time there.
Dr. Sleep’s Tips for Gamers, Executives, Jet Lag, Apnea
Dr. Ruth Benca has news for the alpha executives, lawyers and investors who don’t think they need seven hours of sleep nightly.
Mobilitie Touts SF Transit’s New Wireless System
TELECOM: 5G for Bay Area’s ‘Fleet of the Future’
Wireless infrastructure firm Mobilitie LLC expects an ambitious telecommunications project it is working on for the Bay Area’s main public transportation system will lead to similar undertakings elsewhere in the U.S. and overseas.
Chief Evangelist at SecureAuth Preaches Identity Security
CYBERSECURITY: Harmer says to stop blaming users
Bil Harmer, the recently appointed “chief evangelist” at identity security software maker SecureAuth Corp. of Irvine, wants businesses to safeguard their systems better and stop blaming individual employees for inadvertent data breaches.
OC Tech Evangelists Spread Company Gospel
Naming someone a “chief evangelist” for a tech company leaves some people scratching their heads.
CdM Development Honors Bryant
Lights Up in Tribute To Laker NBA Star
As Los Angeles prepares to host a public memorial for Kobe Bryant and eight other lives lost last month from a helicopter crash, Orange County continues to remember the late basketball legend, particularly in Newport Beach, where Bryant was a longtime resident and community staple.
January Deals Top $100M
Crystal Cove, CdM Sales Part of Busy Month
A 15,000-square-foot Crystal Cove home recently traded for $25.1 million, the top home sale in OC so far this year.
Galloway Gabs
Stephen Galloway shares his thoughts on Bob Bassett, Daniele Struppa and his favorite films—none of them American.
Tech Brings Big Changes To Firm That Checks Job Seekers
Accurate Background Plans Push on CareerBuilder Unit Buy
Technology has greatly changed Irvine-based Accurate Background, which is slated to become one of the largest U.S. employment screening companies with its planned purchase of a CareerBuilder unit.
ViewSonic Displays Digital Classroom Know-How
Electronic ‘Whiteboards’ Part of 20% Growth
Brea-based visual display maker ViewSonic Corp. puts stock in going to school.
BKM’s $425M Industrial Deal Touches OC
Multi-Building Lake Forest Center Part of Buy
Newport Beach-based BKM Capital Partners has made one of the largest industrial deals of the past year in the western U.S., spending $425 million to buy nearly 2.7 million square feet of buildings from New York private equity giant Blackstone Group.
Pair of Lake Forest Hotels Sell, 187 Rooms
Chicago Buyer’s 1st Properties in OC
Two Lake Forest hotels targeting business travelers recently traded hands as part of a larger portfolio deal.
Invisible Braces Firm Names CFO
Cousins a Vet Of IPOs, M&As
Irvine-based Inbrace, a maker of “invisible braces” which said it had record sales and raised $45 million in Series C funding, has named Kevin Cousins chief financial officer.
Mission Hospital Touts OncoCyte Partnership
DetermaRx Test Used For Lung Cancer Treatment
The recently opened Judi and Bill Leonard Institute for Cancer Prevention, Treatment and Wellness at Mission Hospital in Mission Viejo has announced a partnership with new Orange County public company OncoCyte Corp. to use its product DetermaRx.
STARTUPS & INNOVATIONS
Newport Beach-based CurieMD Medical Consultants has rolled out its telemedicine platform statewide; the firm provides women with guidance for menopause and midlife health.
BDS Keeps Pulse on Shifting Retail Landscape
New HQ Fit Agency’s Expanding Operations
BDS Marketing LLC is the agency behemoth you more than likely never heard of.
Tech-Driven Hedge Fund Tied to Irvine Dealmaking
REAL ESTATE: Data center, 114K Spectrum Terrace lease
TGS Management boosts real estate
Star Turn for Revolve’s Fast-Moving CFO
RETAIL: Timmermans takes Cerritos company public
Fashion house CFO takes a bow
Pacific Premier To Buy Opus Bank
BANKING: Acquisition will create OC financial giant
Next up: $20B in assets
$20M for Upstart Storage Device Firm NGD
TECHNOLOGY: Merage family leads; WD backing
NGD Systems Inc. plans to bring scale to a new type of computational storage drive, at a time when the need for greater computing power and storage capacity is exploding.
Cryoport HQ Shifts To Nashville Area
HEALTHCARE: CEO moves, Irvine ops remain
Cryoport Inc., the fast-growing provider of cold-chain logistics services for the biopharmaceutical industry, is the latest local company to move its headquarters to the area around Nashville, Tenn.
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