BRIEFLY IN BUSINESS

Costa Mesa chamber launches new website

The Costa Mesa Chamber of Commerce has rolled out a new website, incorporating the chamber’s new logo and giving the chamber’s online presence a more modernized look.

The new site, www.costamesachamber.com, also implements a more sophisticated management system enabling staff to easily modify Web content. The site was designed by development firm Visteva.

Chamber officials say the site will include a more comprehensive community calendar and list of upcoming chamber events. It also contains a more detailed online member directory.

McMonigle named real estate agent of the year

Real estate agent John McMonigle of Newport Beach was named Coldwell Banker’s leading real estate agent this year.

McMonigle closed more than $247 million in real estate sales in 2005 and has sold more than $500 million worth of property over the last three years. He is also the principal and founder of Strada Properties, which was purchased by Coldwell Banker in 2003.

“I am proud to accept this award, and honored to work with the most talented real estate team in the country. Together, we will continue to set new standards for residential real estate sales and client service,” he said in a recent news release.

Irvine Company hires new VP for resort properties

The Irvine Company announced Friday that it has hired Michael Donahue as vice president of marketing for resort properties.

Donahue, 52, is a 26-year veteran of hospitality sales and marketing. He brings wide-ranging experience and considerable talent to the position and has overseen sales and marketing efforts at La Costa Resort and Spa in Carlsbad and the Grand Wailea Resort Hotel & Spa in Maui, according to the company.

Most recently, he was president of Clairvoyix Inc., which provides customer relationship management services to the hospitality industry. The company’s clients include The Broadmoor in Colorado Springs.

In this newly created position, Donahue will be responsible for coordinating all aspects of Resort Properties’ marketing efforts. In the near term, his most significant priorities will be The Island Hotel and the upcoming Pelican Hill resort.

TRAC Financial acquires Segway

TRAC Financial Group Inc. of Huntington Beach has acquired all of the issued and outstanding stock of Segway Financial Inc., a Newport Beach-based mortgage broker.

Segway Financial will continue with its management in place and will operate as a wholly owned subsidiary of TRAC Financial Group. Segway Financial, which began business in October 2003, specializes in single-family residential HUD-insured mortgages throughout Southern California. Segway Financial has produced net operating profits in each of its fiscal years since its inception. Annual revenues for its most recent fiscal year exceeded $5 million.