Anaheim Business News
BUSINESS NEWS
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....
MG Properties Acquires Citron Apartments for $144 Million
News Summary MG Properties has completed the acquisition of Citron Apartments in Anaheim, a community with 314 units, for $144 million. This purchase highlights the company’s ongoing expansion in the...
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...
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...
Disneyland and Walt Disney World Generate $67 Billion Economic Impact
News Summary A report reveals that Disneyland and Walt Disney World significantly bolstered the U.S. economy in 2023, contributing nearly $67 billion and supporting over 403,000 jobs. Disneyland alone contributed...
Aeromed Group Acquires AIReps Inc. to Boost Aerospace Supply Chain
News Summary Aeromed Group, based in Charlotte, has acquired AIReps Inc., an aerospace hardware supplier based in Anaheim, California. This acquisition enhances Aeromed’s distribution portfolio in the aerospace sector. AIReps...
Anaheim Transportation Network Faces Budget Deficits
News Summary The Anaheim Transportation Network (ATN) is confronting significant budget deficits threatening its operational sustainability. With labor costs surging over 60% since 2020, and stagnant revenue growth, ATN is...
Finance
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...
California Housing Market Reaches Record Home Prices
News Summary California’s housing market sees unprecedented highs, with San Jose leading at a median sales price of $2.02 million, marking a 9.8% increase. Other cities like Anaheim and San...
California Home Prices Continue to Surge Amid Economic Concerns
News Summary California’s housing market is experiencing a surge in home prices despite high mortgage rates and economic uncertainties. In Southern California, the average home price reached $875,908, indicating a...
California Home Prices: The Rollercoaster Ride Continues!
News Summary California’s real estate market remains active as home prices continue to rise amidst rising mortgage rates and an inventory boost. Despite a slight plateau in some areas, competition...
California’s Home Prices and Market Trends
News Summary California’s real estate market continues to soar, with cities like San Francisco and Los Angeles leading in home values. Despite rising mortgage rates and a potential buyer’s market...
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...
Parker Vista Affordable Housing Complex Sold for $108 Million
News Summary The Parker Vista affordable housing complex in Anaheim has been sold for $108 million to BLDG Partners. This 392-unit complex aims to provide affordable living options for low-income...
CONSTRUCTION
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
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....
MG Properties Acquires Citron Apartments for $144 Million
News Summary MG Properties has completed the acquisition of Citron Apartments in Anaheim, a community with 314 units, for $144 million. This purchase highlights the company’s ongoing expansion in the...
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...
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...
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...
California Housing Market Reaches Record Home Prices
News Summary California’s housing market sees unprecedented highs, with San Jose leading at a median sales price of $2.02 million, marking a 9.8% increase. Other cities like Anaheim and San...
California Home Prices Continue to Surge Amid Economic Concerns
News Summary California’s housing market is experiencing a surge in home prices despite high mortgage rates and economic uncertainties. In Southern California, the average home price reached $875,908, indicating a...
