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Home Commercial First Citizens Bank Makes $32.7MM Play for Newport Beach Real Estate
CommercialFinanceIndustry NewsOrange County

First Citizens Bank Makes $32.7MM Play for Newport Beach Real Estate

August 27, 20253 Mins read1.1k
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North Carolina-based lender doubles down on affluent Orange County market with strategic office acquisition First Citizens Bank is betting big on Southern California's commercial real estate market, shelling out $32.7 million for a five-story office building in Newport Beach's coveted Airport Area. The acquisition signals the North Carolina-based financial institution's growing confidence in one of […]

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