Last year, Alliant Insurance Services Inc. was eyeing $5 billion in sales. The Irvine-based company surpassed this goal with revenue growing nearly 30% to $5.1 billion for 2024. “We’ve had very high caliber industry talent leave brokers from all over the United States join us,” Chief Operating Officer Peter Carpenter Read More
Katie Szyman says her move to lead Masimo Corp. in February was as much of a surprise to her as it was to everyone else. Six months prior, she became worldwide president of BD Advanced Patient Monitoring, the former Critical Care unit of Edwards Lifesciences Corp. that was acquired by Read More
One of Orange County’s most iconic houses has hit the market, and the large estate on 137 acres in Coto de Caza would likely set a record for a residential sale if it sells for anywhere near the $125 million asking price. The Lyon Estate, where U.S. Air Force Reserve Read More
One of the perks of being a Business Journal award winner this year is an exquisite dinner hosted by Ocean 48, which Jeff and Mike Mastro, co-founders of the Mastro’s restaurant chain, opened last year in Newport Beach. A couple of months ago, the Fashion Island restaurant celebrated the Business Read More
A subsidiary of London oil giant BP is looking to transform a 35-year-old dormant landfill near the Irvine-Newport Beach border into a renewable natural gas facility. Houston-based Archaea Energy has submitted plans to Newport Beach to build the energy plant at 20662 Newport Coast Drive, the site of the former Read More
In a deal valued at $146 million, CareTrust REIT Inc. has acquired a portfolio of skilled nursing facilities in the Pacific Northwest—bringing its annual investment total to about $1.1 billion. The San Clemente-based real estate investor in healthcare centers, along with a joint venture partner, acquired the skilled nursing facilities Read More
Palmer Luckey surprised a lot of people with news that his Anduril Industries is collaborating with Meta’s Mark Zuckerberg on a battlefield defense project. But they shouldn’t have been, despite Luckey’s noisy departure from Facebook years ago and the feud that followed. “If people come to your side, you shouldn’t Read More
Reliable Crane Service LLC, a company that rents cranes in Southern California, Las Vegas and Phoenix, committed to an 86-month lease at 1210 N. Tustin Ave. in Anaheim. The Las Vegas-based company will occupy the entire 75,700-square-foot industrial building. Chris Migliori, an executive vice president at DAUM’s Newport Beach office, Read More
Mark Moshayedi’s Space Investment Partners has unloaded prime commercial real estate along Costa Mesa’s popular East 17th Street corridor. The Corona del Mar-based company sold a nearly 40,000-square-foot retail center along the 17th Street shopping corridor for $25.7 million to Asana Partners, a Charlotte, North Carolina-based real estate investment firm. Read More
Alcon Inc. has received its first Food and Drug Administration approval since its spinoff from Swiss medical giant Novartis in 2019. Last month, the FDA cleared the company’s Tryptyr ophthalmic solution. “We look forward to making this new treatment available to millions of patients affected by dry eye disease,” Alcon Read More
