Orange County Business Journal

Kim Haman is a columnist. She can be reached at luxury@ocbj.com or philanthropy@ocbj.com.

Recent Stories

Dream Backyards Shift With Summer Trends’ Breezes

Popular Features Include Water Walls, Sunken Patios

Orange County’s flawless summer days invite relaxation, and some of its luxury backyards boast features on par with five-star resorts, begging the question: “Why would anyone need to leave home to go on vacation?”

PHILANTHROPY

Microsemi Corp. partnered with Discovery Cube for the company’s Corporate Cube Challenge on May 19, a first-of-its-kind fundraiser that took in $250,000.

May Price-Per-Square-Foot Tops Year-Earlier Figure

Jumps 9%, With Balboa Peninsula Average Tops

Orange County’s luxury home market saw 25 transactions close between $4 million and $12 million last month, when the median price for a home along the coast was just under $6 million.

PHILANTHROPY

The arts and the art of leadership took center stage May 12 in the Samueli Theater at Segerstrom Center for the Arts in Costa Mesa at the fourth annual “The Mayor’s Celebration

Vacation Home Sales Second Highest in Decade-Plus

16% of Luxury Sales Last Year, All-Cash Sales Up

Orange County, with its 42 miles of beaches, average year-round temperature of 70, and ready access to a wide range of recreational activities, is a perennial vacation destination. The California Travel and Tourism Commission says 47.4 million people visited here last year, up 2.6% over 2014. International travelers are the fastest-growing segment of visitors, reaching 13.8 million last year, according to the commission.

PHILANTHROPY

Philanthropy for May 23, 2016

Average Luxury Home Price Per SF Reaches Milestone

$1K-Plus; Highwater Marks in Laguna, CDM

The luxury homes market—defined by real estate experts as the most expensive 5% of homes sold in a given quarter—has reached a new milestone in Orange County this year.

PHILANTHROPY

Applied Medical, Lugano Diamonds, PIMCO Foundation and Balenciaga were among the major sponsors of Court Appointed Special Advocates’ annual Celebration of Children: Black & White Ball on April 16 at The Ritz-Carlton, Laguna Niguel in Dana Point.

Newport Coast, Laguna See Big Jumps in $10M+ Sales

Make US Listing of Elite Cities, Including Aspen

The Luxury Market Report released April 7 by Coldwell Banker Previews International found that Newport Coast and Laguna Beach experienced big increases last year in sales in the $10 million-plus category.

PHILANTHROPY

United Cerebral Palsy of Orange County’s annual black tie gala, Life Without Limits, was held April 2 at the Balboa Bay Resort in Newport Beach.

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