Makar Properties Joins the Pod of Blue Whales! Makar Properties continues its’ commitment to Miocean in a big way by joining SunCal as a lead sponsor of the 3rd Annual Miocean Blue42 Event. In addition, Makar Properties is donating our beautiful event location, The Grand Lawn of the St. Regis, Monarch Beach, which overlooks the Orange County coastline we are uniting to preserve. “I am honored to be a part of the solution. Miocean has made a measurable difference for the better and exceeded my best expectations. Miocean has become an integral part of the Orange County community,” says Paul Makarechian, President/CEO of Makar Properties and founding member of Miocean.
Makar Properties, LLC . Innovation. Responsibilty. Results.
Headquartered in Newport Beach, California, Makar Properties, LLC is an innovative diversified real estate development company that specializes in the acquisition and development of innovative master-planned communities and mixed-use, resort, retail, golf, office and residential properties in premier locations and high growth markets. Devoted to community and investor needs, Makar aims to craft distinctive lifestyle experiences for each resident or guest while considering the integration of each project with its community and ultimately, delivering superior returns. Makar Properties, LLC has over $1 billion in assets representing an estimated build-out value of over $10 billion.
Makar is best recognized for developing lifestyle communities that combine luxurious, uniquely located hotel properties with upscale residential collections to create destination resort living. Among its current projects in development are Pacific City, a cool, surfside community including a boutique hotel with approximately 196 rooms, cutting-edge retail and luxury residential in Huntington Beach, CA; La Jolla Commons, a new sophisticated urban commercial center encompassing a boutique hotel with approximately 192 rooms, residential units and office space in three prominent towers in La Jolla, CA; and Ritz Plaza Hotel & Residence Club, a unique venture preserving the historic 132-room art deco Ritz Plaza Hotel, while adding chic modern touches through the design influence of Philippe Starck, and constructing a residential club in South Beach, Miami, FL.
Makar aims to acquire distinctive properties with potential to be repositioned with vision and innovation. Recent acquisitions include Korakia Pensione, an exquisite destination property located in Palm Springs, CA, and the Hilton Anaheim, the premier convention and resort destination in Orange County, CA. One of Makar’s landmark developments is the St. Regis, Monarch Beach, a 172-acre luxury coastal resort in Dana Point featuring 400 rooms and suites completed in 2001. http://www.makarproperties.com/
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