Anaheim Business News
BUSINESS NEWS
Econolite Opens New Manufacturing Facility in San Diego
News Summary Econolite has inaugurated a 50,000 square foot manufacturing facility in San Diego, enhancing production capabilities for traffic management solutions. This facility, Econolite’s fourth in the U.S., aligns with...
Northmarq Secures $109 Million Financing for Multifamily Portfolio
News Summary Northmarq has successfully arranged $109 million in financing for a multifamily portfolio in Southern California. The deal involves three properties in Anaheim and Azusa, optimizing cash flow through...
California’s Housing Market Faces Declines as Home Prices Drop in 21 Counties
News Summary California’s housing market is experiencing a downturn with declining home prices in 21 counties, reflecting an overall statewide median price drop of 0.3%. Key factors such as high...
Anaheim Welcomes New Dining Options for Summer
News Summary Anaheim is set to enhance its culinary landscape in the upcoming summer with a variety of new dining establishments. As the city attracts millions of visitors annually, these...
Disneyland to Discontinue Early Entry Perk for Hotel Guests
News Summary Disneyland has announced the discontinuation of its Early Entry perk for hotel guests starting January 5, 2026. This decision affects patrons of the Disneyland Resort Hotels, including Disney’s...
Oga’s Cantina at Disneyland Now Available for Walk-Ups
News Summary Disneyland has updated its policy for Oga’s Cantina, allowing visitors to enter without reservations. This change comes after a decline in reservation demand, particularly among local guests. The...
Disneyland Resort Unveils Major Expansion Plans
News Summary Disneyland Resort is set to transform with the approval of ‘DisneylandForward,’ a proposal enabling new attractions and dining options. Highlights include the development of an Avatar-themed land and...
Homeowners in California, Hawaii, and Massachusetts Stand to Gain from Capital Gains Tax Elimination
News Summary A new report suggests that homeowners in California, Hawaii, and Massachusetts could benefit significantly from the potential elimination of capital gains tax on home sales. Approximately 25.9% of...
Slice on Broadway Shines at California Restaurant Show
News Summary Slice on Broadway, a renowned pizzeria in Pittsburgh, recently showcased its talents at the California Restaurant Show in Anaheim, California, securing multiple prestigious awards. The pizzeria took home...
Finance
Northmarq Secures $109 Million Financing for Multifamily Portfolio
News Summary Northmarq has successfully arranged $109 million in financing for a multifamily portfolio in Southern California. The deal involves three properties in Anaheim and Azusa, optimizing cash flow through...
California’s Housing Market Faces Declines as Home Prices Drop in 21 Counties
News Summary California’s housing market is experiencing a downturn with declining home prices in 21 counties, reflecting an overall statewide median price drop of 0.3%. Key factors such as high...
Homeowners in California, Hawaii, and Massachusetts Stand to Gain from Capital Gains Tax Elimination
News Summary A new report suggests that homeowners in California, Hawaii, and Massachusetts could benefit significantly from the potential elimination of capital gains tax on home sales. Approximately 25.9% of...
Vista Emerald Acquires Pique at Angel Stadium for $11.3 Million
News Summary Vista Emerald, a real estate investment firm, has acquired Pique at Angel Stadium for $11.3 million. The fully leased 15,710-square-foot retail center, formerly The Shops at Stadium Towers,...
Pique Retail Center in Anaheim Sold for $11.3 Million
News Summary The Pique Retail Center in Anaheim has been sold for $11.3 million, fully leased and strategically located near major attractions like Angel Stadium. The transaction involved BCTC Corp...
California Home Prices Stay Elevated Amid Rising Rates
News Summary Despite increasing mortgage rates and dwindling buyer demand, home prices in California remain high. A report shows that cities like San Francisco and Los Angeles continue to dominate...
MG Properties Acquires Citron Apartments in Orange County
News Summary MG Properties has completed the acquisition of Citron Apartments, significantly enhancing its portfolio in Orange County. The company, which has added 17 properties in the last year totaling...
Samuelis Family Acquires Stadium Tower in Anaheim
News Summary The Samuelis, owners of the Anaheim Ducks, have purchased Stadium Tower for $72.9 million, marking the largest office sale in Orange County for 2025. This acquisition illustrates their...
California Home Values Predicted to Decline Amid High Prices
News Summary California’s housing market is projected to face a decline in home values due to soaring prices and elevated mortgage rates. With the national average home price experiencing a...
CONSTRUCTION
Econolite Opens New Manufacturing Facility in San Diego
News Summary Econolite has inaugurated a 50,000 square foot manufacturing facility in San Diego, enhancing production capabilities for traffic management solutions. This facility, Econolite’s fourth in the U.S., aligns with...
Best ERP for Commercial Construction in Anaheim, CA | 2025 Case Study
Anaheim, CA, Aug 5, 2025 Best ERP for Commercial Construction Firms in Anaheim, CA: Enhance Project Management with CMiC ERP For commercial construction firms in Anaheim, CA, managing projects efficiently while...
AO Wins Multiple Awards at PCBC Gold Nugget Awards
News Summary AO, a prominent architecture and planning firm, celebrated notable achievements at the 62nd Annual PCBC Gold Nugget Awards. The firm took home several accolades, including the prestigious Multifamily...
Honda Center to Undergo $1 Billion Renovation
News Summary Anaheim’s Honda Center is set to receive a $1 billion renovation entirely funded by private investment, enhancing its facilities and guest experience. The upgrades, led by the Samueli...
Joyce Pae’s Commitment to Verus Aerospace
News Summary Joyce Pae transitions from CFO to focusing entirely on her role at Verus Aerospace, following her recognition as CEO of the Year. This shift comes after a significant...
Anaheim Faces Job Losses as Hearthside Food Solutions Closes Plant
News Summary Hearthside Food Solutions is closing its Anaheim manufacturing facility, resulting in 175 job losses effective April 27. The closure follows the company’s Chapter 11 bankruptcy filing and is...
Hearthside Food Solutions Closes Anaheim Facility, Impacting Jobs
News Summary Hearthside Food Solutions has announced the permanent closure of its Anaheim manufacturing facility, affecting 175 employees. The decision is due to operational changes while the company seeks to...
Anaheim Faces Job Losses as Hearthside Food Solutions Closes Facility
News Summary Hearthside Food Solutions has announced the closure of its manufacturing facility in Anaheim, resulting in the layoff of 175 employees. The closure, effective April 27, is part of...
Anaheim Faces Heartache as Hearthside Food Solutions Closes Plant
News Summary In a heartbreaking announcement, Hearthside Food Solutions revealed the permanent closure of its Anaheim manufacturing facility, resulting in the layoff of approximately 175 employees. The closure, effective April...
Marketing
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Real Estate
Northmarq Secures $109 Million Financing for Multifamily Portfolio
News Summary Northmarq has successfully arranged $109 million in financing for a multifamily portfolio in Southern California. The deal involves three properties in Anaheim and Azusa, optimizing cash flow through...
California’s Housing Market Faces Declines as Home Prices Drop in 21 Counties
News Summary California’s housing market is experiencing a downturn with declining home prices in 21 counties, reflecting an overall statewide median price drop of 0.3%. Key factors such as high...
Homeowners in California, Hawaii, and Massachusetts Stand to Gain from Capital Gains Tax Elimination
News Summary A new report suggests that homeowners in California, Hawaii, and Massachusetts could benefit significantly from the potential elimination of capital gains tax on home sales. Approximately 25.9% of...
Vista Emerald Acquires Pique at Angel Stadium for $11.3 Million
News Summary Vista Emerald, a real estate investment firm, has acquired Pique at Angel Stadium for $11.3 million. The fully leased 15,710-square-foot retail center, formerly The Shops at Stadium Towers,...
Pique Retail Center in Anaheim Sold for $11.3 Million
News Summary The Pique Retail Center in Anaheim has been sold for $11.3 million, fully leased and strategically located near major attractions like Angel Stadium. The transaction involved BCTC Corp...
California Home Prices Stay Elevated Amid Rising Rates
News Summary Despite increasing mortgage rates and dwindling buyer demand, home prices in California remain high. A report shows that cities like San Francisco and Los Angeles continue to dominate...
MG Properties Acquires Citron Apartments in Anaheim
News Summary MG Properties has completed the acquisition of Citron Apartments, a modern residential community in Anaheim valued at $144 million. The property adds to MG Properties’ expanding portfolio, which...
MG Properties Acquires Citron Apartments for $144 Million
News Summary MG Properties has acquired the Citron Apartments in Anaheim, California, for $144 million, marking a significant addition to its multifamily portfolio. This acquisition reflects MG Properties’ commitment to...
MG Properties Acquires Citron Apartments for $144 Million
News Summary MG Properties has successfully acquired Citron Apartments in Anaheim, California for $144 million, enhancing its multifamily portfolio, which has exceeded $2.1 billion in investments over the past year....
