Luxury jeweler Lugano has become the star unit since it was acquired in 2021 by parent company Compass Diversified. The high-end Newport Beach retailer reported 2024 sales jumped 53% to $471 million; its sales have more than doubled in the past two years. Its operating income last year climbed 83% Read More
Julian Hamood, founder of Microsoft partner Trusted Tech Team, plans further expansion in Europe this year and then in Asia as his company aims for $500 million in revenue in 2026. The secret to his success: get to work at 5:45 a.m., know every phase of his business and keep Read More
New York Life Insurance Co. has acquired a 218,648-square-foot distribution facility in Brea for $92 million, according to Newmark Group Inc. and CoStar data. The seller was Boston-based AEW Capital Management. The sale closed on Jan. 25 with the property changing hands for at $421.22 per square foot, according to Read More
Higher learning and entrepreneurship were Anthony Lee’s destiny. The intersection of education and creating new business opportunities was something Lee witnessed firsthand through his father. “My father had a huge influence on me,” Lee told a crowd of nearly 400 people when he received the Business Journal’s Excellence in Entrepreneurship Read More
Two Irvine-based companies are teaming up to make exterior and interior upgrades at an assisted living property in San Clemente. MBK Senior Living and IRA Capital, both headquartered in Irvine, announced they will be making building upgrades at San Clemente Villas by the Sea. The 137-unit property is an assisted Read More
Todd Watts said PatientFi LLC has had its fair share of challenges. It faced close calls in the pandemic when doctors’ offices shut down and bank lending paused, affecting the amount of demand for its payment platform to pay for elective procedures. “We mapped out on a whiteboard, ‘Okay, these Read More
Music to Our Ears The Philharmonic Society of Orange County celebrated the launch of its Vienna Philharmonic Orchestra residency with the Philharmonic Ball on March 9 at The Westin South Coast Plaza. The black-tie event raised $1.6 million to support the Society’s artistic programs and youth music education, including Strike Read More
Traffic management firm Econolite has launched Autoscope OptiVu, its latest AI-powered solution designed to improve traffic flow on roads and at intersections. This advanced high-definition video detection system accurately tracks vehicles, bicycles and pedestrians in real time. The new camera and video processor offers precise object classification, full-screen tracking and Read More
There’s a new King of the Hill in Corona del Mar, and it’s a six-bedroom and nine-bathroom estate at 2201 Bayside Drive. Newport Beach real estate agent Garrett Weston sold the luxury coastal house for $26 million, marking a new all-time high for a house sold in Corona del Mar. Read More
Dear Valued Readers,We are thrilled to present the 2025 Giving Guide, highlighting over 77 incredible nonprofits that reflect the strength and generosity of Orange County’s nonprofit community. We extend our deepest gratitude to the underwriters whose generous support made it possible for so many organizations to participate this year. A Read More
