Steiner Investments, a 1031 exchange investor based in Costa Mesa, bought a 35,500-square-foot building in Irvine that’s fully leased to Tesla Inc. The flex property at 18011 Mitchell S. in Irvine sold for $21 million, or $592 per square foot. Los Angeles-based real estate development and investment firm North Palisade Read More
ANAHEIM, Calif. (June 9, 2025) — Anaheim’s proposed budget for the next 12 months calls for $800 million in spending on daily life and major improvement projects while also addressing some near-term fiscal challenges. Anaheim’s total proposed budget for the 12 months from July 2025 through June 2026 — Read More
Sunstone Hotel Investors Inc. has sold the Hilton New Orleans St. Charles hotel for $47 million, or approximately $187,000 per key. The Aliso Viejo-based REIT said it expects the 252-room Hilton to “require a cyclical renovation to maintain its competitive position and sustain its current level of earnings.” Read More
Archer Aviation Inc., the official air taxi provider for the 2028 Summer Olympics, has expanded its California footprint to Orange County, which will serve as a “critical visitor hub” as the firm transports passengers to LA28 venues across the region. San Jose-based Archer expanded into a 57,000-square-foot site in Huntington Read More
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
