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BUSINESS NEWS
Gas Prices on the Rise in Southern California
News Summary Los Angeles County is facing increased gas prices, with average costs reaching $4.47 per gallon. This marks a slight uptick in prices, but remains lower than last year...
Costa Mesa Family Faces Heartbreaking Loss After Tragic Stabbing Incident
News Summary A community in Costa Mesa, California, is mourning the loss of fifteen-year-old Allison Castillo, who was fatally stabbed in a gang-related attack. The incident, which took place on...
Orange County Supervisors Pause Airport Bond Proposal
News Summary Orange County supervisors decided to delay the $120 million bond proposal for improvements at John Wayne Airport due to trust issues and skepticism. The proposal included a new...
Shocking Lawsuit Filed Against Abbot in Westminster
News Summary A Buddhist nun has filed a lawsuit against the abbot of Dieu Ngu Temple, alleging multiple sexual assaults and challenging her exploitation and mistreatment in the temple’s environment....
Orange County Veterans Service Office Launches Mental Health Support Program
News Summary The Orange County Veterans Service Office has initiated a new mental health support program designed to connect veterans with vital services. The program, supported by a $300,000 grant,...
Huntington Beach Launches Drone as First Responder Program
News Summary Huntington Beach is introducing a new Drone as First Responder (DFR) program to enhance emergency services. With drones deployed to emergencies, the program aims to cut response times...
Tustin Tragedy: Off-Duty Deputy Mistakenly Shoots Roommate
News Summary A devastating incident occurred in Tustin when an off-duty sheriff’s deputy mistakenly shot their roommate, resulting in her death. The tragic event unfolded early Friday at Axiom Tustin...
Gas Prices in California: Small Increases, Big Impacts
News Summary Gas prices in California, particularly in Los Angeles County, have seen a slight rise following a larger decrease over the past month. The average price has increased minimally...
Costa Mesa Mourns the Loss of Bright Young Soccer Talent
News Summary The community of Costa Mesa is devastated by the tragic loss of 15-year-old Allison Castillo, a promising soccer player, killed in a gang-related stabbing. The Newport-Mesa Unified School...
Finance
DisruptiX Talent Solutions Expands Operations to Orange County
News Summary DisruptiX Talent Solutions is extending its services from San Diego to Orange County, focusing on accounting and finance support for local businesses. Founded by Orange County native Jennifer...
Regency Centers Acquires Five Retail Centers in Orange County
News Summary Regency Centers Corp. has purchased five retail centers in South Orange County for $357 million, marking a significant milestone in the retail real estate sector. The centers, including...
Wealth Surge in Orange County: Billionaires See Major Gains
News Summary A recent report reveals that billionaires in Orange County have experienced a dramatic wealth increase, with total wealth rising to $256 billion, up 43% from last year. Nine...
Andrew Do Sentenced for COVID-19 Relief Fund Bribery
News Summary Former Orange County Supervisor Andrew Do has been sentenced to five years in federal prison for his role in a bribery scheme involving over $10 million in COVID-19...
Fluctuations in Orange County Housing Market Observed
News Summary The Orange County housing market is experiencing notable fluctuations, with a decline in median selling prices across over half of the local ZIP codes. May sales dropped by...
Sahar Louk Appointed as Regional Director for J.P. Morgan in Orange County
News Summary J.P. Morgan Wealth Management has appointed Sahar Louk as the new Regional Director for Orange County. In her role, Louk will oversee market directors and financial advisors across...
Regency Centers Acquires Major Retail Portfolio in Rancho Mission Viejo
News Summary Regency Centers has acquired a five-property retail portfolio in Rancho Mission Viejo for $357 million, significantly surpassing the total retail investment in Orange County for the first quarter....
Huntington Beach Seeks Financial Management Expert
News Summary The City of Huntington Beach is on the lookout for a qualified finance professional to join its management team, offering an attractive salary between $172,764.80 and $243,089.60. The...
City Plaza Office Building Sold at Record Low Price
News Summary The City Plaza office building in Orange County has been sold for a low price of $51.51 per square foot, totaling $18.5 million. The buyer, Surlamer Investments, acquired...
CONSTRUCTION
Top ERP for Commercial Construction Firms in Huntington Beach, CA | 2025 Case Study
Huntington Beach, CA, August 5, 2025 Best ERP for Commercial Construction Firms in Huntington Beach, CA: Enhance Project Management with CMiC ERP For commercial construction firms in, CA, managing projects efficiently...
Orange County Contractors Experience Office Market Decline
News Summary Orange County’s tenant improvement contractors have faced a 5.6% decrease in workload in 2024 compared to the previous year, largely due to economic uncertainties and the recovering office...
Sukut Construction Promotes New Leadership in Northern California
News Summary Sukut Construction has announced the promotions of Matt Williams and Ryan Fouse to Vice Presidents of Northern California operations and Sukut Equipment, respectively. These appointments highlight the company’s...
Sukut Construction Announces Leadership Changes
News Summary Sukut Construction has appointed Lawrence Damore as vice president of alternative delivery and promoted Ryan Prokop to vice president of energy. These leadership changes are designed to strengthen...
Orange County’s Boom in Office Space Conversions
News Summary Orange County has ranked seventh in the U.S. for converting office buildings into multifamily housing and industrial uses, with 4.2 million square feet targeted for redevelopment. The trend...
Fountain Valley Begins Construction on New 272-Unit Slater Ave Apartment Complex
News Summary Construction has started on the Slater Ave Apartments, a new five-story, 272-unit apartment complex in Fountain Valley. This project includes 33 low-income units and aims to provide affordable...
Orange County Commercial Development Faces Challenges
News Summary Orange County’s commercial development sees a downturn with only 2 million square feet completed, down from 3.8 million the previous year. The landscape is shifting as new players...
New Hive Live Residential Development Advancing in Costa Mesa
News Summary The Hive Live project, spearheaded by Legacy Partners, is set to transform a 14.25-acre site in Costa Mesa into a community with 1,050 residential units. The development, which...
Elevate Aircraft Seating Expands Operations in Huntington Beach
News Summary Elevate Aircraft Seating, a leader in airline seat manufacturing, has signed a lease for a new 280,460-square-foot facility in Huntington Beach. This expansion, located at 5701 Skylab Road,...
Marketing
Orange County Seeks Government Affairs and Communications Director
News Summary The Orange County Executive Office is looking for qualified applicants for the position of Government Affairs and Communications Director. The application deadline is set for August 4, and...
Huntington Beach City Council Approves Lifeguard Tower Ads
News Summary The Huntington Beach City Council has approved a three-year advertising agreement with Rio Media to place advertisements on 24 lifeguard towers along the beachfront. The initiative, expected to...
Real Estate
Santa Ana Plans Major Redevelopment for South Coast Plaza Village
News Summary Santa Ana city leaders are reviewing a redevelopment proposal for the South Coast Plaza Village shopping center. The project includes the construction of up to 1,583 residential homes,...
ABC7 Los Angeles Seeks General Assignment Reporter
News Summary ABC7 Los Angeles is actively looking for a dynamic general assignment reporter for its Orange County bureau. The role focuses on storytelling for a diverse community of over...
Investor Ownership Expands in Orange County Real Estate
News Summary Orange County, California, has seen a significant rise in investor ownership of single-family homes, now at 16% of the market. According to a study by BatchData, investors own...
Regency Centers Acquires Five Retail Centers in Orange County
News Summary Regency Centers Corp. has purchased five retail centers in South Orange County for $357 million, marking a significant milestone in the retail real estate sector. The centers, including...
Bascom Group Sells Huntington Breeze for $35 Million
News Summary The Bascom Group has finalized the sale of the Huntington Breeze senior living complex for $35 million, equating to roughly $307,018 per unit. The property, located at 16171...
Orange County Faces Housing Affordability Crisis
News Summary Orange County is experiencing a severe affordability crisis in its housing market, with median home prices soaring to $1.2 million and monthly payments climbing to approximately $7,770. Home...
Fluctuations in Orange County Housing Market Observed
News Summary The Orange County housing market is experiencing notable fluctuations, with a decline in median selling prices across over half of the local ZIP codes. May sales dropped by...
Huntington Beach Senior Living Complex Sold for $35 Million
News Summary The Bascom Group LLC has successfully sold Huntington Breeze, a senior living apartment complex in Huntington Beach, for $35 million. The property features 114 units and was 96%...
Argyros Family Continues Philanthropic Legacy in Orange County
News Summary The Argyros family, through their firm Arnel & Affiliates, remains deeply involved in philanthropy and real estate development in Orange County. Their contributions include significant donations to healthcare,...
