Lender Finds a New Home in Park Place

Preferred Credit, an Irvine-based home equity lender, has moved to a new headquarters in Irvine. The company signed a five-year lease for 105,000 square feet of office space in Park Place, the fortress-like complex near the San Diego Freeway and Jamboree Road. The deal, which was valued at $9.2 million, was brokered by Dave Cantwell, vice president of Equis in Orange County, and Janine Padia, a vice president with landlord Winthrop Management.

Melinda Fulmer covers real estate for The Times. She can be reached at (714) 966-7832.