Mission Viejo, Business News

BUSINESS NEWS
Andrew Do Guilty in COVID Relief Funds Bribery Case
News Summary Orange County Supervisor Andrew Do pleaded guilty to a federal bribery charge involving approximately $10 million in COVID relief funds mistakenly allocated to a nonprofit associated with his...
Elevated Surf and Rip Currents Prompt Beach Hazards Alert
News Summary The National Weather Service has issued a beach hazards statement for Orange County, warning of dangerous conditions caused by elevated surf and rip currents. Surf heights are expected...
Mission Viejo Community in Shock After Fatal Shooting
News Summary Residents of Mission Viejo are left in disbelief following a tragic shooting incident that claimed the life of 39-year-old Miguel Joaquin Mata. On a seemingly peaceful Friday evening,...
Tragic Incident In San Ysidro: Driver Takes Fatal Turn
News Summary A reckless pursuit by the California Highway Patrol that started in San Clemente ended in tragedy near the U.S.-Mexico border. The 38-year-old driver died from a self-inflicted gunshot...
Mission Viejo Residents Shocked by Recent Homicide
News Summary A tragic shooting incident in the Mission Viejo community has left residents in shock. 39-year-old Miguel Joaquin Mata was fatally shot at an apartment complex, prompting swift action...
Little Saigon: A Vibrant Legacy in Orange County
News Summary Little Saigon, home to over 215,000 Vietnamese Americans, stands as a vibrant testament to the community’s resilience and cultural identity fifty years after the fall of Saigon. As...
Tragedy Strikes Mission Viejo with a Fatal Shooting
News Summary Mission Viejo is in shock after a fatal shooting incident on April 25, 2025, that left 39-year-old Miguel Joaquin Mata dead. The authorities arrested a suspect, Sean Jeffery...
Orange County Shuts Down Four Food Establishments Amid Health Violations
News Summary In a concerning action, Orange County health inspectors have closed four food establishments due to serious health violations. Between April 17 and April 24, several notable restaurants including...
Mission Viejo Shocked by Fatal Shooting Incident
News Summary A tragic shooting incident in Mission Viejo on April 25 has left the community in shock. Miguel Joaquin Mata, 39, was fatally shot at an apartment complex. Sean...
Los Angeles Braces for Rainy Weekend Ahead
News Summary As the weekend nears, Los Angeles is preparing for significant rainfall brought by a storm from central California. With an 80% chance of rain expected on Saturday, residents...
Finance
Documentary on Stock Indexing and Climate Philanthropy Rise
News Summary In Irvine, notable stories emerge as a new documentary titled ‘Tune Out the Noise’ explores stock indexing, while the Sequoia Climate Foundation commits $257 million to combat climate...
Southern California’s Job Market Suffers Amid Economic Woes
News Summary Southern California is experiencing a downturn in job growth amid rising economic uncertainty and high interest rates. Despite a sizable workforce of nearly 8 million, job additions have...
Orange County’s Commercial Real Estate Market Faces Challenges
News Summary The commercial real estate market in Orange County has seen a slight decline, with a 1.5% decrease in rentable square footage. Despite this downturn, various sectors, especially industrial...
Orange County’s Housing Crisis: Are Residents Leaving?
News Summary A sharp increase in rental prices in Orange County is prompting many residents to consider relocating. Recent statistics show a 1.9% rise in median rent, reaching $2,575. A...
Goodwill of Orange County Appoints New COO
News Summary Goodwill of Orange County announces Jesse Allen as the new Chief Operating Officer of its Retail Division, effective April 1. Allen, with an extensive background in retail management,...
Laguna Hills Celebrates Financial Growth from Sonendo, Inc.
News Summary Laguna Hills is abuzz with the recent financial results from Sonendo, Inc., a leader in dental technology known for the GentleWave® System. The company’s latest report reveals significant...
Orange County Sues Huntington Beach Nonprofit Over COVID Funds
News Summary Orange County has initiated legal action against the Viet America Society (VAS) for allegedly misusing over $13 million intended for COVID-19 relief. The lawsuit claims VAS misappropriated funds...
Orange County Fire Authority Seeks New Accounting Manager
News Summary The Orange County Fire Authority (OCFA) is on the lookout for a new Accounting Manager to join their finance department. Candidates with relevant qualifications, including a bachelor’s degree...
CONSTRUCTION
Santa Ana Welcomes Anduril Industries with Expanded Operations
News Summary Anduril Industries has significantly expanded its presence in Santa Ana, California, leasing 313,244 square feet at Lake Center Office Park. This brings its total footprint to 1.1 million...
Southern California’s Job Market Suffers Amid Economic Woes
News Summary Southern California is experiencing a downturn in job growth amid rising economic uncertainty and high interest rates. Despite a sizable workforce of nearly 8 million, job additions have...
Major Expansion Planned for The Shops at Mission Viejo
News Summary The Shops at Mission Viejo is set to undergo a major expansion, introducing a multimillion-dollar outdoor shopping and dining experience. Scheduled for completion before the 2026 holiday season,...
Orange County Homebuilders Face Significant Sales Decline
News Summary Orange County’s homebuilding market is experiencing a severe downturn, with total sales dropping by 23% in the past year. The decline is particularly evident in single-family homes, where...
Marketing
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Real Estate
Orange County Retail Scene Gets a Makeover in 2024
News Summary Orange County, CA, is undergoing a significant transformation in its retail landscape throughout 2024, marked by leadership changes, business closures, and strategic expansions. Notable changes include CEO transitions...
Orange County’s Malls Transform into Housing and Entertainment
News Summary Orange County is witnessing a remarkable transformation as its malls evolve into vibrant housing and entertainment spaces. MainPlace Mall in Santa Ana is leading this change with new...
Major Acquisition of Spectrum Centre Business Park in Lake Forest
News Summary Buchanan Street Partners has acquired the Spectrum Centre Business Park in Lake Forest for $63 million. The complex features 16 buildings with 227,800 square feet of industrial and...
Orange County’s Commercial Real Estate Market Faces Challenges
News Summary The commercial real estate market in Orange County has seen a slight decline, with a 1.5% decrease in rentable square footage. Despite this downturn, various sectors, especially industrial...
Tustin Development: Irvine Company Acquires Key Land
News Summary The Irvine Company has acquired 19.4 acres in Tustin Legacy, paving the way for a new 1,336-unit apartment complex near key local attractions. This strategic investment is part...
Orange County’s Housing Crisis: Are Residents Leaving?
News Summary A sharp increase in rental prices in Orange County is prompting many residents to consider relocating. Recent statistics show a 1.9% rise in median rent, reaching $2,575. A...