70.1 F
Laguna Hills
Saturday, Jul 2, 2022
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IGOR OLENICOFF

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Owner, President, Olen Properties

WHY: OC’s second-biggest property owner, with nearly 8M-SF commercial portfolio. Second wealthiest person in OC, with estimated $5.5B fortune. Bulk of office holdings local, while apartments mostly out of state.

RECENT: Push into apartment investments outside OC continues; more than 16,000 units to name. Looking to spend $500M on more deals.


QUOTABLE:
Olen occupancy has “never been as high,” he said in July. “Business is doing very well, and the net cash flows are very high.”

FUN FACTS: Worked for Motown’s Berry Gordy.

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