Costa Mesa, Business News
BUSINESS NEWS
Buchanan Street Partners Invests $21.8 Million in Las Vegas Self-Storage
News Summary Buchanan Street Partners has made a significant $21.8 million investment in Las Vegas by acquiring a self-storage facility. The property features 917 units across 103,570 square feet and...
Irvine Company Unveils Major Development Project
News Summary The Irvine Company announces a transformative development project to convert the Oak Creek Golf Course and adjacent commercial areas into a residential village comprising 3,100 housing units. This...
Newport Beach Approves 1,500 New Homes by Irvine Company
News Summary The Newport Beach City Council has unanimously approved the Irvine Company’s proposal to construct 1,500 new homes in Newport Center, part of a larger plan for 2,349 units....
U.S. Bank Sees Decline in SBA Loans in Orange County
News Summary U.S. Bank reported a slight decline in SBA loans in Orange County for the fiscal year ending September 30, 2024, totaling $20.4 million. Despite this, the number of...
Costa Mesa Welcomes Il Girasole, a New Italian Restaurant
News Summary Il Girasole, a modern Italian restaurant by Antonio Bevacqua, has opened in Costa Mesa’s South Coast Collection. The restaurant focuses on seasonality and innovation in its culinary offerings,...
SeaSalt Honky Tonk Opens at Bolsa Chica State Beach
News Summary SeaSalt Honky Tonk, a unique country music venue, officially opens at Bolsa Chica State Beach in Huntington Beach, California. Targeting country music enthusiasts, it offers live entertainment, a...
BKM Capital Partners and Kayne Anderson Launch Joint Venture
News Summary BKM Capital Partners and Kayne Anderson Real Estate have announced a joint venture to acquire $1.5 billion in light industrial properties across the U.S. This partnership aims to...
Newport Beach City Council Upholds Outdoor Dining Patio Decision
News Summary The Newport Beach City Council has voted unanimously to allow Five Crowns restaurant to retain its temporary outdoor dining patio for a limited period. Despite concerns raised by...
Gelatissimo Opens New Store in Irvine with Free Gelato
News Summary Gelatissimo, an Australian gelato brand, is set to open its new store in Irvine, CA, on May 2, 2025. The grand opening celebration will include a ribbon-cutting ceremony...
Finance
U.S. Bank Sees Decline in SBA Loans in Orange County
News Summary U.S. Bank reported a slight decline in SBA loans in Orange County for the fiscal year ending September 30, 2024, totaling $20.4 million. Despite this, the number of...
VF Corp Announces Layoffs at Vans’ Costa Mesa Headquarters
News Summary VF Corp has revealed plans to lay off 82 employees at its Costa Mesa headquarters as part of a strategic workforce reduction of 400 positions across the company....
CONSTRUCTION
Irvine Company Unveils Major Development Project
News Summary The Irvine Company announces a transformative development project to convert the Oak Creek Golf Course and adjacent commercial areas into a residential village comprising 3,100 housing units. This...
Newport Beach Approves 1,500 New Homes by Irvine Company
News Summary The Newport Beach City Council has unanimously approved the Irvine Company’s proposal to construct 1,500 new homes in Newport Center, part of a larger plan for 2,349 units....
BKM Capital Partners and Kayne Anderson Launch Joint Venture
News Summary BKM Capital Partners and Kayne Anderson Real Estate have announced a joint venture to acquire $1.5 billion in light industrial properties across the U.S. This partnership aims to...
Tustin City Council Elections Highlight Development Focus
News Summary The race for the Tustin City Council is heating up as candidates address the critical development opportunities within Tustin Legacy. Ryan Gallagher leads in District 4, while Lee...
Ventura Foods Relocates Headquarters to Irvine
News Summary Ventura Foods, known for its range of delicious dressings and sauces, is moving its headquarters from Brea to a larger facility in Irvine. The new 60,000-square-foot space located...
Marketing
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Real Estate
Buchanan Street Partners Invests $21.8 Million in Las Vegas Self-Storage
News Summary Buchanan Street Partners has made a significant $21.8 million investment in Las Vegas by acquiring a self-storage facility. The property features 917 units across 103,570 square feet and...
Irvine Company Unveils Major Development Project
News Summary The Irvine Company announces a transformative development project to convert the Oak Creek Golf Course and adjacent commercial areas into a residential village comprising 3,100 housing units. This...
Newport Beach Approves 1,500 New Homes by Irvine Company
News Summary The Newport Beach City Council has unanimously approved the Irvine Company’s proposal to construct 1,500 new homes in Newport Center, part of a larger plan for 2,349 units....
BKM Capital Partners and Kayne Anderson Launch Joint Venture
News Summary BKM Capital Partners and Kayne Anderson Real Estate have announced a joint venture to acquire $1.5 billion in light industrial properties across the U.S. This partnership aims to...
BKM Capital Partners and Kayne Anderson Launch $1.5B Joint Venture
News Summary BKM Capital Partners has announced a $1.5 billion joint venture with Kayne Anderson Real Estate, focusing on light industrial real estate. The partnership aims to acquire and reposition...
Newport Beach Luxury Home Sells for $25.5 Million
News Summary A luxurious bayfront home in Newport Beach has recently sold for $25.5 million, signaling a rise in demand for high-end properties in the area after the LA wildfires....
Pvolve Fitness Studio to Open in Newport Beach
News Summary Lee Raagas, a finance and real estate expert, is launching Orange County’s first Pvolve fitness studio in Newport Beach. This studio emphasizes functional movement and aims to enhance...
Orange County Retail Landscape Transforms in 2024
News Summary In 2024, Orange County’s retail scene has undergone significant changes, marked by leadership transitions, business closures, and evolving employment trends. Major brands like Boot Barn and St. John...
Record-Breaking Sale in Corona del Mar Real Estate
News Summary Corona del Mar’s real estate market is making headlines with a recent sale of a stunning home for $20 million. Located on Bayadere Terrace, this 5,741 square foot...
