Developer Bob Olson says he’s “bullish on Orange County” as he sets his sights on two major hospitality projects in Newport Beach and Dana Point. “The hospitality industry has gone through a lot,” Olson, chief executive of Newport Beach-based R.D. Olson Development, told the Business Journal. “We’ve learned a lot Read More
Mission Ridge, a pair of four-floor office buildings in Mission Viejo, was sold for $32 million – a 42% discount from what the office campus exchanged for more than a decade ago. Los Angeles-based Barker Pacific Group and Las Vegas-based Kingsbarn Realty Capital were the buyers, according to CBRE, who Read More
Supernal, the flying taxi branch of Hyundai Motor Group, has formed an operational partnership with a Texas helicopter services company as it aims for the 2028 launch of its electric-powered vertical takeoff and landing aircraft. Supernal made the agreement with Irving-based CHC Helicopter and its Heli-One subsidiary, a provider of helicopter Read More
La Palma investor Peter Yu is the new owner of a four-property portfolio at Warner Marketplace in Fountain Valley. Yu, through his company WMYU LLC, bought the Warner Marketplace portfolio from New York-based Fortress Investment Group for $24.5 million on March 6, according to CoStar data and public documents. Huntington Read More
Genomic Testing Cooperative (GTC) is expanding into the European market by partnering with German laboratory Labor Dr. Wisplinghoff. “Our diagnostics tests going out of the U.S. to Europe is democratizing science,” Chief Executive Dr. Maher Albitar told the Business Journal. GTC was founded in 2018 by Albitar, who has extensive Read More
Garrett James says he was never considered “best dressed” when growing up in Fountain Valley and playing college basketball at Chapman University. But now professional athletes from NFL players to Olympians are wearing his exclusively-designed basketball shorts and 1970s-inspired work jackets all over social media. James, founder and creative director Read More
Sandra Beaver has promised investors that Evolus Inc. will triple revenue to $700 million by 2028. To reach that goal, the Newport Beach maker of facial injections would need an annual compounded annual growth rate (CAGR) of 27%. Thus far, it’s well above that CAGR as sales climbed 32% to Read More
Six months ago, John Ing embarked on his fifth run as chief financial officer, this time at Santa Ana-based KidWorks Community Development Corp. Ing won the Business Journal’s CFO of the Year Award in the nonprofit category last May for his work at the Illumination Foundation, which provides emergency housing Read More
Guita Sharifi has a message for Gov. Gavin Newsom: “Come and visit one of our charter schools.” Sharifi, the CFO of charter school management company Lifelong Learning Administration, won a Lifetime Achievement Award from the Business Journal almost a year ago. She would like Newsom to “tell us why he Read More
Since winning the Business Journal’s CFO of the Year Awards last May, Joyce Pae has gone from managing two balance sheets at Verus Aerospace to focusing only on one. She was recognized for keeping Verus afloat during the pandemic and overseeing the company’s split, which led to the formation of Read More
