A 19-floor office building adjacent to The Outlets at Orange sold for a deep discount, trading for a paltry $51.51 per square feet. Newport Beach-based Surlamer Investments, owned by Fariborz Maseeh, bought City Plaza for $18.5 million, according to Orange County records. The sale price, on a per square foot Read More
ABOUT ANAHEIM — Anaheim is a full-service city supporting more than 340,000 residents, 20,000 businesses and 25 million annual visitors. The city provides public safety through the Anaheim Police Department and Anaheim Fire & Rescue, water and power service through Anaheim Public Utilities, parks, community centers, family services and libraries Read More
Has Orange County turned on Elon Musk? Recent data from the OC Automobile Dealers Association (OCADA) suggest the recent behavior by the Tesla (Nasdaq: TSLA) owner and CEO is having a negative effect on sales in a region that’s long been one of the EV maker’s best domestic markets. May Read More
Mach Industries, a two-year-old defense startup founded by a then 19-year-old college dropout, has added $100 million to its funding in the race to upgrade airborne warfighting. Mach will use the Series B financing to expand its unmanned military aircraft production and build advanced jet propulsion systems. Mach, which began Read More
ABOUT ANAHEIM — Anaheim is a full-service city supporting more than 340,000 residents, 20,000 businesses and 25 million annual visitors. The city provides public safety through the Anaheim Police Department and Anaheim Fire & Rescue, water and power service through Anaheim Public Utilities, parks, community centers, family services and libraries Read More
IRVINE — CTC Global in Irvine and tech giant Google are teaming up to improve the U.S. electric grid as data centers increase the power demand. The two companies said June 17 that CTC’s high-capacity, U.S.-manufactured, composite-core conductors can “boost grid capacity and reliability” at high speed. Google said the Read More
BKM Capital Partners, a local real estate fund manager and operator, entered a $1.5 billion joint venture partnership with Los Angeles-based Kayne Anderson Real Estate last month. The joint venture will specialize in light industrial real estate, specifically targeting small- and mid-bay properties. Both companies, in a statement, said light Read More
More first responders die from suicide because of post-traumatic stress disorder (PTSD) than physical injuries while on the line of duty, according to the Institutes of Health. Dr. Tomer Anbar, founder and chief executive of the San Diego-based clinical group, described this trend as a “silent epidemic.” “Most individuals with Read More
Stratus Financial LLC this year added a $30 million credit line to fund the growth of its loan origination platform, which provides financing for student pilots seeking commercial flight training. “With this enhanced liquidity, we are well-positioned to expand our offerings and continue providing exceptional service to both students and Read More
