Orange County Business Journal

Luxury Home Builders Add ‘Green’ Elegance

Sustainability, Energy Efficiency Now in Demand

Soaring ceilings, marble floors and large windows that frame stunning views are hallmarks of luxury homes.

PHILANTHROPY

Community and business leaders attending the UC Irvine Health gala, “Healers & Heroes,” proved to be the evening’s heroes, donating more than $530,000 in only 15 minutes for an intraoperative radiation therapy device with the potential to reduce breast cancer treatment and recovery times for many patients.

Sparse Inventory Leads to Slower Sales, Higher Prices

But Prices Rose in Many OC Coastal Areas

The Orange County luxury market is its own unique entity.

PHILANTHROPY--Week of May 12

Court Appointed Special Advocates of Orange County, a nonprofit organization that trains and supervises community volunteers to mentor and advocate for children in the foster care system, honored its leading supporters and volunteers at the annual Celebration of Children Black & White Ball at the Island Hotel on April 25. 

Area High-End Homes Sell Close to Listing Prices

Styles From Nantucket to Modern Living by the Beach

The classic midcentury, single-level home at 2480 Monaco Drive in Laguna Beach, nestled among some of the most valuable real estate in Orange County, offers ocean, whitewater and Catalina Island views.

PHILANTHROPY--Week of April 28

More than 300 business and community leaders attended the 15th annual Orange County Council, Boy Scouts of America Men of Character Dinner on April 9 at the Irvine Marriott.

OC Fourth in Country for $1M-Plus Home Listings

Behind Only SF, Fairfield Co., Conn., San Jose

Almost one out of every four Orange County homesellers is seeking $1 million or more for their properties, according to the quarterly Orange County Real Estate Market Update compiled by Newport Beach-based Surterre Properties Inc. and released March 25.

Another Walk Down Green Carpet

Film Festival in 15th Year; Fuels Economic Activity

The Newport Beach Film Festival kicks off April 24. The event, which is in its 15th year, has attracted film aficionados with its multigenre slate of studio and independent films from emerging and seasoned filmmakers from around the world.

PHILANTHROPY -- Week of April 14

The Juvenile Diabetes Research Foundation hosted its annual JDRF Dream Gala, “Let’s Misbehave!”, on March 29 at the St. Regis Monarch Beach Resort in Dana Point. More than 500 of Orange County’s leading business executives, philanthropists and donors raised more than $1 million net for diabetes research.

Executives With Endurance

Company Leaders Use Skills on Marathon Route

Cary Hyden, chairman of law firm Latham & Watkins LLP’s corporate department, had been working around the clock for 18 days on an initial public offering when he paused to travel to the New Orleans Rock ‘n’ Roll Marathon.

Sale Prices Closer to Listings Despite Slowdown

Sample Ranges From 94% to 98% of Asking

Sellers of luxury homes have been pricing them closer to new market levels since the pace of sales slowed late last year after rapid acceleration in the first half of 2013

PHILANTHROPY -- Week of March 31

Retirement Benefits Group, for the 15th consecutive year, sponsored the PGA Tour stop at the 20th Annual Toshiba Golf Classic, led by principals Michael Castner and Gary Josephs.

‘Neutral’ Luxury Market Creates Stability, Confidence

Sales Pace Has Slowed, Appreciation Now 5-6%

Surterre Properties Inc. cofounder and President Gary Legrand, entrenched in the luxury real estate market for more than 25 years, has seen it all, from the housing recession of the 1990s to the go-go housing boom of the early to mid-2000s, to the shocking drop in home prices during the Great Recession, to the rapid uptick in housing sales—and prices—during the last year.

PHILANTHROPY

“Mentorship is one of the single most important gifts you can give to youth, especially those facing adversity,” says Melissa Beck, chief executive of Big Brothers Big Sisters of Orange County.

Home Sale Sets Four-Year San Juan Capistrano Record

Nets $5.6M, Most Per Square Foot Since 2010

A home at 31831 Paseo Cielo sold on Feb. 20 for $5.6 million, the highest price per square foot in San Juan Capistrano and the nearby city of Laguna Niguel and community Coto de Caza since 2010.

Fundraising and All That Jazz

Garth Hogan, Newmark Grubb Knight Frank’s executive managing director of Global Healthcare Services;

Luxury Sales Start Off New Year in Healthy Condition

Christie’s Partners With First Team Estates

Local luxury real estate firms hold strong to their view that coastal and luxury real estate are among the best investments available. International firms agree.

PHILANTHROPY

Philanthropy Column by Kim Haman

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French-Inspired Estate in Newport Coast for $14M

Has Theater, Wine Cellar, Professional Landscaping

The French-inspired estate at 1 Premier Point in Newport Coast has professionally designed gardens that lead to the front entry, where visitors enter a marble-floored foyer with soaring ceilings and marble columns.

PHILANTHROPY

PHILANTHROPY Column by Kim Haman

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January Luxury Sales Match Rate of Past 6 Months

Pace Brisk, Though Many Go for Less Than Listings

The 10,652-square-foot lot at 11 Strand Beach Drive in Dana Point sold for $11.9 million on Dec. 13, a $2.4 million drop from its asking price a week earlier.

PHILANTHROPY

Philanthropy Column by Kim Haman

Philanthropy Column by Kim Haman

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OC’s Luxury Home Sale Revival Continued in 2013

But May Not Return to High for Several Years

There’s little doubt among real estate professionals and casual observers that the 2013 luxury home market provided sellers with continued relief from the lean years of the Great Recession.

PHILANTHROPY

PHILANTHROPY Column by Kim Haman

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Sellers Put Asking Prices Closer to Market Reality

More Get What They Ask For Or Not Far Off Listings

The estate at 11 Via Emilia in Pelican Heights, Newport Coast, was designed to envelope those who live there with a sense of peace, privacy and seclusion.

PHILANTHROPY

Philanthropy Column by Kim Haman

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’Tis the Season for Bigger Luxury Home Sales in County

Santa Barbara Style Meets the Sea, Design Showcase

LUXURY HOMES Column by Kim Haman

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More Than Dollars for These Scholars

Ron Simon’s Foundation Marks 10 Years of Comprehensive Support

A constant in Isela Arias’ life while growing up in Santa Ana was her mother’s belief in education.

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Luxury Homes With Unique Features Sell at Fast Clip

Feng Shui, 1920s History, Modern Perks and More

LUXURY HOMES Column by Kim Haman

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PHILANTHROPY November 18, 2013

PHILANTHROPY Column by Kim Haman

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Group Guides Veterans in Their New Lives Back Home

Nonprofit Offers Counseling With Little Red Tape Attached

Ten years ago, marriage and family therapist Jill Boultinghouse received a phone call from the worried wife of a military veteran

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Shelter for the Wounded

Businessman Gives Empty Homes to Returning Veterans

Serendipity—it’s not a word often associated with the challenge of providing housing for wounded war veterans, but in the case of the nonprofit organization Apartments4Heroes, it’s apropos.

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Boots on the Ground to Career Reboot

Marine Corps veteran Jacob Lampe returned to Orange County from Afghanistan in 2011 at age 23, a different man than the one who had left a few years before.

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Village Crean Compound Sold for $10.6 Million

Has Ice Cream Parlor, Large Apt., 20 Car Spots

Philanthropists John and Donna Crean built The Village Crean compound at 2300 Mesa Drive in Newport Beach in 1990, designing it to take advantage of the sweeping views of Newport’s back bay.

PHILANTHROPY

Philanthropy Column by Kim Haman

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International Buyers Keep Pushing Up Luxury Market

Many Seek Houses to Steer Clear of Taxes Back Home

International buyers have contributed to the steady growth of prices in the luxury market over the past two years.

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Art, Commerce Both Fit in SCR’s ‘Cigar Box’

Beyond Work

David Emmes and Martin Benson had little more than talent and a vision back in 1964

PHILANTHROPY

Philanthropy Column by Kim Haman

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Agency Goes Mobile With Luxury-Home Application

HÔM: More Buyers Are Shopping Online

LUXURY HOMES Column by Kim Haman

PHILANTHROPY

Philanthropy Column by Kim Haman

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4-Car Garage Provides Parking Premium on Balboa Island

Also Boasts Boat Slips, Detailed Woodwork

The classically styled home at 1100 S. Bayfront in Newport Beach on Balboa Island sold on Sept. 20 for $5.9 million

PHILANTHROPY

Philanthropy Column by Kim Haman

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Luxury Sales Remain Strong As Autumn Approaches

The last week of August and the first few days of September proved strong for the coastal luxury real estate market

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Personal Connections Attract Donors, Nonprofits

Big-Bucks Givers Decide Which Groups Benefit

When Rob Lambert was 10, his typical boyhood life suddenly changed.

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Nonprofits, Execs Forge Mutually Beneficial Ties

The Relationship Can Be Long Term if Done Right

“When it comes down to it, the relationship between a nonprofit and its board is really a marriage”

PHILANTHROPY

Irvine-based 5.11 Tactical donated $158,165

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Ocean-View Lots Join Trend of Hot Sales at High End

Buyers Want ‘Green,’ Other Custom Features

Buyers continue to drive the luxury home market to heights unseen in half a decade, and ocean-view homesite sales are also on the rise.

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Orange County Luxury Homes Sell at Brisk Clip

Asian Buyers Help Fuel Recent Buying Frenzy

The luxury home market showed no signs of slowing as the calendar page flipped to August, in the Luxury Homes column.

PHILANTHROPY August 12, 2013

PHILANTHROPY Column by Kim Haman

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Technology Changing Real Estate Business as Usual

Clients Are Now Craving Up-to-the-Minute Reports

It’s no secret that, in the competitive world of high-end luxury real estate specialists, the way of doing business is in the midst of a sea change, in Luxury Homes