What’s ahead for Foothill Ranch’s loanDepot; Tesla's $800B plans to expand in Irvine; Irvine’s Rivian is nearing another funding round, valuing the company close to $25B
REAL ESTATE: Serves top 20 builders in US
Irvine’s Interior Logic Group Holdings Inc. plans to build a much bigger national footprint
TECHNOLOGY: Gaming venue sponsorship renewed
Kingston Technology doesn’t just know how to make computer storage and memory products.
AUTOMOTIVE: Would be first spot in city
City planning and permitting documents indicate a Tesla sales facility is in the works for a 58,000-square-foot building fronting Jamboree Road in Irvine
Alfred Chang Talks Retail, Fashion—and the Importance of Having a Voice for Brands
PacSun and its 43-year-old President Alfred Chang seem to have cracked the code, becoming one of the country’s largest “cool kid” brands
Costa Mesa Firm’s Stock Sees Resurgence
Veritone Inc. Chief Executive Chad Steelberg believes his artificial intelligence company’s recently announced partnership with Alteryx Inc. is a step towards making Orange County an AI powerhouse.
Cunningham Sees ‘Bleak’ Outlook as Dangers Mount
With cybersecurity taking on even greater prominence, the Cybersecurity Policy & Research Institute at the University of California, Irvine will be undertaking several initiatives to analyze and help counter increasingly dangerous computer threats.
Data Labs Unit Hiring; Loyalty Program Refresh
The digital marketing and analytics arm of Botox maker Allergan, whose Allergan Aesthetics division is based in Irvine, continues on its quest to apply a high-tech touch to reach customers, new and old.
Luxe Reseller Adds Closet Full of Cash
Irvine-based luxury reseller Marque Luxury ended its 2020 growth on a high note with the purchase of the blog Closet Full of Cash.
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
REAL ESTATE: Charlotte push; office buy near Nashville
Olen Properties Corp.'s late-year acquisition spree in the Southeast pushed the value of the Newport Beach-based real estate investor’s growing apartment portfolio past $2B
MORTGAGES: Filing shows company on tear
Anthony Hsieh's Foothill Ranch-based loanDepot Inc. generated over $3B last year
Among Top 50 Master Planned Communities
Irvine Co.’s Irvine Ranch and FivePoint Holdings LLC’s Great Park Neighborhoods made the John Burns Real Estate Consulting list of the 50 most successful master-planned communities in 2020, ranked by sales
Second Batch Of Offices Completed
Irvine Co. said that it has wrapped construction on the second phase of its Spectrum Terrace office campus, which is currently 50% pre-leased following a pair of new deals.
$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.
The OC Health Care Agency has tapped Irvine-based software developer Composite Apps to manage and streamline its COVID-19 vaccine distribution.
On-Site Center For Children, Families
Behavioral Health Works this month opened its first on-site Autism Care & Support Center at its headquarters in Anaheim.
Earlier this year, investors anticipated a “Blue Wave” sweep and were betting on a major market decline to result.
REAL ESTATE: $80.6M for office near Saddleback
Orange County’s office investment market ended 2020 in good health, in particular for buildings focused on medical uses
Richard Branson’s Space Tourism Co. Setting Up Base in Tustin
A billionaire-backed aerospace venture that aims to send wealthy tourists into space has touched down in Orange County.
HEALTHCARE: Proceeds for vaccine trials; skincare line
AIVITA Biomedical Inc. is charging into the New Year with all cylinders firing.
CHIPMAKERS: Auto-focused firm expects $1.4B valuation
Indie Semiconductor in Aliso Viejo plans to go public at a valuation of about $1.4 billion, as it seeks a larger piece of the growing automotive technology market.
Metronom Health of Laguna Hills raised a $22 million Series D round of financing last month, bringing its total funds to nearly $50 million since its 2010 inception.
TAVR Rebound; R&D Investments to Continue
Edwards Lifesciences Corp., the highest valued publicly traded company based in Orange County, expects to leave behind the worst effects of the pandemic in 2021.
Cauliflower Rice Targets New, Infrequent Customers
“We have cilantro-lime cauliflower rice now.”
‘Adios’ and ‘Sweatpants’ Commercials Hit Instagram
Chipotle is not the only one whipping its menu into shape for the new year, nor are they the only ones touting cilantro-lime cauliflower rice. Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) also has it now.
Anaheim-based Credit Union of Southern California (CU SoCal) is donating $150,000 to more than 50 Southern California businesses and their employees, as well as two nonprofit organizations as part of its “Merry Givemas” event, held Dec. 18.
OC Restaurant Prez Assesses Dining Scene
Last year was one that most restaurateurs would like to forget—at least those still in business.
Ghost Kitchen Used in Anaheim
Optimism is still alive in the restaurant industry. What else but optimism—or a very wealthy business partner—would cause someone to open new restaurants in the midst of a pandemic?
Eastbluff Village Location Replaces Provenance
Mutt Lynch’s restaurant near the Newport Pier has been a fixture in the community for 45 years, so why have they not built on that success and taken Mutt to other areas?
Mess Hall Market Showcases Movies
Last year, venues from the OC Fair & Event Center to shopping centers found ways to satisfy the demand for live events.
FaceTime Closings; 3D Videos the Norm
Though the pandemic didn’t end up having a negative impact on luxury home sales pricing and volume in 2020, it certainly changed the way brokers handled business.
Nearly $230M Reported in Prior Year’s List
Did you, your company or foundation give—or did your organization receive—a large cash or noncash gift in 2020?
Scenes from a Riot
Rep. Lou Correa shares firsthand account of Capitol takeover; New ghost kitchen restaurants sets up in Anaheim; Irvine’s Fitness International LLC remains country’s largest health club
AESTHETICS: Allergan gets boost; no trade secret
Newport Beach-based Evolus Inc. may face a 21-month import ban in the U.S. after ruling in case involving South Korean pharmaceutical companies and Irvine-based Allergan Aesthetics
TECHNOLOGY: CEO expects ‘significant’ ’21 revenue
Irvine chip technology company Syntiant Corp. has added a second-generation AI processor, aims for a significant revenue increase in 2021
DIGITAL: Chef Gruel’s GoFundMe aims for $1M
Huntington Beach-based Slapfish founder Andrew Gruel leverages social media to help restaurant industry — and to fill a void in what he’s called the absence of a functioning government