July 1, 2025

Orange County

Investors

Dreamers still optimistic on Orlando baseball despite possible Rays sale

The Orlando Dreamers say they’re pressing forward on their efforts to bring Major League Baseball to Orange County – even as their most immediate path to do so may be slipping away. Wealthy investors pushing for an Orlando club had eyes on the Tampa Bay Rays, but on Wednesday the team announced it was entering into

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Funds

Anaheim’s using borrowed funds to balance new $2.4 billion budget as payoff of 1990s resort bonds nears – Orange County Register

Anaheim has a new $2.4 billion budget the City Council approved Tuesday, relying on stop-gap funding to maintain services before the city sees a massive influx of freed-up cash in a few years. “This proposed budget upholds funding for all we do for our community,” City Manager Jim Vanderpool said. “It funds the most extensive

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Banking

Banking on more changes in Brea – Orange County Register

For 39 years, the Bank of America maintained a massive call center with up to 3,000 employees on Valencia Avenue in Brea. But in July 2022, it shut the doors of the center for good. Since then, the three-story, 637,503-square-foot building has sat empty, along with the on-site parking lot plus an additional one on

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Finance

How to finance blacklisted Fannie Mae condos – Orange County Register

Fannie Mae tightened the screws on every condo association in America after the 2021 Chaplain Towers collapse in Surfside, Florida, where 98 lives were tragically lost. Financial and operational standards must be met, or the association is blacklisted. That’s budgeting, financial reserves, acceptable property maintenance and the like. In industry parlance, these blacklisted associations are

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