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Aerial view of Newport Beach, California
CommercialFinanceIndustry NewsOrange County

Cress Capital Buys 214,000 SQFT Newport Beach Office Tower for $41MM After Debt Default

A distressed 214,858-square-foot office building at 1301 Dove Street in Newport Beach has sold to Cress Capital for $41 million, or roughly $191...

Anaheim, CA Skyline
CommercialFinanceIndustry NewsOrange County

ParkTerra and JEN Partners Acquire 307,000 SQFT Anaheim Office Complex for $62.5MM

Five-building campus sells at 25 percent discount from 2018 price as buyers eye potential residential conversion A five-building office complex in Anaheim has...

Hotel sign on top of a building
AECHospitalityIndustry NewsLos AngelesNews Releases

R.D. Olson Construction Announces Completion of 194-Room AC Hotel Pasadena

The 100,000 square foot hotel is the only branded hotel in the Playhouse Village Pasadena, Calif. – April 23, 2025 – R.D. Olson...

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