Orange County Business Journal

PHILANTHROPY

More than 800 leaders of the Orange County legal community celebrated the Public Law Center’s 35 years of helping the county’s poorest and most vulnerable residents at Hotel Irvine on June 20.

By Kim Haman July 18, 2016 midnight share »

OC’s Luxury Market Heats Up in Summer Sunshine

Thirty-two home transactions above $4 million closed in June, including two that captured sales prices above $10 million.

By Kim Haman July 11, 2016 midnight share »

ADDENDUM

University of California-Irvine and the other schools in the UC system increased the number of California-based students they offered admission for the year starting in the fall.

By Kim Haman July 11, 2016 midnight share »

PHILANTHROPY

Goodwill of Orange County opened its Thomas T. and Elizabeth C. Tierney Center for Veteran Services building in Tustin, an all-in-one resource for military veterans living in Orange County and their families.

By Kim Haman July 4, 2016 midnight share »

How Women Mean Business

Michelle Jordan ventured across the Atlantic Ocean decades ago in pursuit of her personal version of the American dream.

By Kim Haman July 4, 2016 midnight share »

Dream Backyards Shift With Summer Trends’ Breezes

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?”

By Kim Haman June 27, 2016 midnight share »

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.

By Kim Haman June 20, 2016 midnight share »

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

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.

By Kim Haman June 13, 2016 midnight share »

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

By Kim Haman June 6, 2016 midnight share »

Vacation Home Sales Second Highest in Decade-Plus

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.

By Kim Haman May 30, 2016 midnight share »

PHILANTHROPY

Philanthropy for May 23, 2016

By Kim Haman May 23, 2016 midnight share »

Average Luxury Home Price Per SF Reaches Milestone

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.

By Kim Haman May 16, 2016 midnight share »

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.

By Kim Haman May 9, 2016 midnight share »

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

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.

By Kim Haman May 2, 2016 midnight share »

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.

By Kim Haman April 25, 2016 midnight share »

Masters of the Yogaverse

Joe Duran, six months after discovering yoga, saw that the mindfulness and self-awareness he’d gained as a student of the practice had another benefit. That’s when it helped him maintain control during a confrontation with a colleague that could’ve gotten negative.

By Kim Haman April 25, 2016 midnight share »

All-Cash Transactions on Rise at High End of Market

All-cash sales for luxury properties are on the rise, according to Irvine-based CoreLogic, which provides financial, property and consumer analytics, and tracks current trends.

By Kim Haman April 18, 2016 midnight share »

PHILANTHROPY

The JDRF Orange County Chapter’s 20th anniversary Platinum Dream Gala brought together 500 business leaders, sponsors and organization supporters to help raise more than $1.1 million for diabetes research.

By Kim Haman April 11, 2016 midnight share »

Early 2016 Sales Show High-End Home Market Surge

ifty-five homes closed above the $4 million mark in the first quarter, with a week still to go at press time, bringing a total of $371.2 million.

By Kim Haman April 4, 2016 midnight share »

PHILANTHROPY

Music and wine proved to be a perfect pairing at the ninth Pacific Coast Wine Festival benefitting Pacific Symphony.

By Kim Haman March 28, 2016 midnight share »

OC Still Coveted as Overseas Buyers Hit Pause Elsewhere

Foreign investment in U.S. real estate is hitting the pause button, according to a report by the National Association of Realtors, and the pullback is most evident among Chinese buyers affected by China’s slowing economic growth, currency devaluation and tightened restrictions on capital outflows. Other reasons the report cites include a stronger U.S. dollar and rising home prices.

By Kim Haman March 21, 2016 midnight share »

PHILANTHROPY

. Paul Musco, founder of Gemini Industries, was honored at the second annual “Let’s Be Frank About Cancer” gala on Feb. 20.

By Kim Haman March 14, 2016 midnight share »

PHILANTHROPY

The Orange County Funders Roundtable’s 2016 Summit on Feb. 4 and 5 at Disney’s Paradise Pier Hotel in Anaheim brought together 280 local philanthropic and business leaders for two days of learning and brainstorming about how to address emerging community needs.

By Kim Haman February 29, 2016 midnight share »

Exceptional Oceanfront Property Shatters Sales Record

Twin Points, a 2.28-acre oceanfront property at 1101 Marine Drive in Laguna Beach, recently set a record $45 million Orange County home sale price, though off its original June list price of $75 million.

By Kim Haman February 22, 2016 midnight share »

New Lane for Vets in Need

Potter’s Lane has all the hallmarks of an upscale condominium community: contemporary architecture, a carefully crafted exterior blend of wood and steel, large light-admitting windows, a rooftop deck, and a Zen-like courtyard garden.

By Kim Haman February 22, 2016 midnight share »

PHILANTHROPY

The Pacific Life Foundation announced on Jan. 22 that it will provide $6.25 million in funding this year, an increase from the $6 million it gave in 2015.

By Kim Haman February 17, 2016 midnight share »

Chapman’s Artsy Uncle

Family matters at Chapman University, although that won’t be obvious to visitors to the opening of the school’s Hilbert Museum of California Art later this month.

By Kim Haman February 15, 2016 midnight share »

Convenience, Security Drive Call for ‘Smart’ Homes

A recent survey by Coldwell Banker reveals that the growth curve of connected-home devices, such as smart thermostats, door locks, smoke detectors and light switches, is on track to beat that of smartphones and tablets over the next five years, expanding from 20.7 million units in 2014 to 35.9 million units by 2017.

By Kim Haman February 8, 2016 midnight share »

PHILANTHROPY

The Anaheim Ducks hosted the 16th annual Dux in Tux presented by Honda on Jan. 18 at the Hilton Anaheim.

By Kim Haman February 1, 2016 midnight share »

Early Sales Show Luxury Market Off to Strong Start

Five Orange County luxury homes sold during the first 10 days of the year, and four of those are ocean-view homes in OC’s priciest communities. The other is an expansive estate on an acre-plus spread in Coto de Caza that once graced the cover of Unique Homes magazine.

By Kim Haman January 25, 2016 midnight share »

PHILANTHROPY

The Outlets at San Clemente hosted its inaugural Shopping Extravaganza charity fundraiser on Dec. 5, raising $37,465 to benefit 18 local nonprofit groups.

By Kim Haman January 18, 2016 midnight share »

Confidence, Stability to Shape 2016 Luxury Market

Orange County’s coastal cities, with their deep beaches and panoramic Pacific views, have long enticed luxury homebuyers.

By Kim Haman January 11, 2016 midnight share »

PHILANTHROPY

Seven hundred Pacific Investment Management Co. employee volunteers, friends and family members gathered at the OC Fair & Event Center in Costa Mesa on Dec. 12 to pack 16,000 holiday meals for Southern California families in need.

By Kim Haman January 4, 2016 midnight share »

More Luxury Homeowners Create Own Private Spas

"Today’s master baths are becoming places to linger,” says award-winning interior designer Lisa Dunlevie of Dunlevie Interiors in San Juan Capistrano.

By Kim Haman December 21, 2015 midnight share »

PHILANTHROPY

Los Angeles-based radio station KFI 640AM partnered with Anaheim White House restaurant owner Bruno Serato for the fifth consecutive year in a daylong radiothon to collect pasta, sauce and cash to help Serato’s charity, Caterina’s Club.

By Kim Haman December 14, 2015 midnight share »

PHILANTHROPY

Newport Beach-based cosmetics company Urban Decay donated $50,000 to Laura’s House to help fund the nonprofit group’s community programs, emergency shelter, and legal advocacy services for domestic violence survivors in Orange County and elsewhere.

By Kim Haman November 30, 2015 midnight share »

Coastal Lux Home Sales Average 96% of Listing Price

One thing appears to remain consistent in Orange County’s dynamic luxury market: Buyers are willing to pay top dollar for the expansive homes and unique estates prevalent in the communities along the coast.

By Kim Haman November 23, 2015 midnight share »

PHILANTHROPY

Affordable Housing Access Inc. was the main sponsor of the Project Access 10th annual Keys to Success Gala: Start Small, Dream Big.

By Kim Haman November 16, 2015 midnight share »

Feng Shui Principles Key Factors for Chinese Buyers

An August study by the Asian Real Estate Association of America reveals that 86% of native-born Chinese and Chinese-American homebuyers say the ancient philosophy of feng shui will be a factor in the purchase of their next home.

By Kim Haman November 9, 2015 midnight share »

Honor Flight Gives WWII Vets Wings

A crowd of about 350 friends, relatives, and supporters holding signs and waving miniature American flags waited in anticipation as the plane taxied to the gate at LAX. A banner bearing the words, “Welcome Home, Heroes!” claimed center stage.

By Kim Haman November 9, 2015 midnight share »

PHILANTHROPY

Harvesters, which was founded in 1992 to raise awareness and funds for Second Harvest Food Bank of Orange County, hosted its 23rd annual Harvesters Fashion Show & Luncheon Runway Fundraiser on Oct. 7.

By Kim Haman November 2, 2015 midnight share »

ZIP Codes With Most Active Luxury Home Listings

Laguna Beach ZIP code 92651 was tops in the number of active $4 million-plus real estate listings in Orange County as of Oct. 15, with 63 listings, according to data from Web-based real estate database aggregators Redfin and Zillow.

By Kim Haman October 26, 2015 midnight share »

PHILANTHROPY

More than 4,000 friends and supporters of California State University-Fullerton gathered on campus for the school’s annual Concert Under the Stars on Sept. 19.

By Kim Haman October 19, 2015 midnight share »

‘Pocket’ Listings on Rise in OC’s Luxury Market

Real estate experts say “pocket listings”—private, off-market listings that don’t appear on the local Multiple Listing Service—are surging in the luxury market.

By Kim Haman October 12, 2015 midnight share »

PHILANTHROPY

Big Brothers Big Sisters of Orange County held its 51st annual Gourmet Dinner on Sept. 17 at the Balboa Bay Resort in Newport Beach.

By Kim Haman October 5, 2015 midnight share »

Newport Beach Led Way on Luxury’s Summer Sizzle

Summer sizzled in the Orange County luxury market, with 50 transactions above $4 million closing between June 15 and Sept. 15.

By Kim Haman September 28, 2015 midnight share »

Achieve Like a Girl

There was a budding business mind behind the cherubic face selling cookies door-to-door.

By Kim Haman September 28, 2015 midnight share »

PHILANTHROPY

R.D. Olson Construction, based in Irvine, built its first Habitat for Humanity home on Aug. 28.

By Kim Haman September 21, 2015 midnight share »

High-End Homes Here Hedge Against China Turmoil

The Chinese stock market collapse began when the Shanghai Stock Exchange lost a third of its value between June 12 and July 27.

By Kim Haman September 14, 2015 midnight share »

Philanthropy

The Orange County School of the Arts in Santa Ana celebrated the grand opening of its 60,000-square-foot dance, music and science center on Aug. 16 with more than 600 Orange County community and business leaders.

By Kim Haman September 7, 2015 midnight share »

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