SPORTS
By Bryce Alderton | May 11, 2012
We're heading into the meat of golf's major championship season, which got me thinking? What are the criteria to host a U.S. Open or PGA Championship? Do the powers that be at area golf courses desire to stage one of these events? And, perhaps the most critical question is: Are events of that magnitude feasible and make economic, logistical sense at a certain venue? Let's discuss the pros for hosting a tournament with U.S. Open or PGA Championship magnitude. First, the pros: 1. Exposure.
NEWS
May 1, 2012
International Bay Clubs Inc., parent company of the Balboa Bay Club & Resort and the Newport Beach Country Club, has been sold to investors in Irvine. Eagle Four Partners, a private equity group, and Pacific Hospitality Group LLC, a hotel management group, will assume joint management of both properties. "One of the great things about this asset is that it is historic and iconic," Kory Kramer, vice president of acquisitions and development of Pacific Hospitality Group, said Tuesday.
ENTERTAINMENT
April 27, 2012
SATURDAY Community Run The fifth annual Costa Mesa Community Fun Run kicks off in 10-kilometer, 5K and 2K categories to benefit the community and the foundations supporting TeWinkle and Costa Mesa middle schools, as well as Estancia and Costa Mesa high schools. Packet pickup and late registration will start at 6:30 a.m.; The 5K and 10K races will start at 8 a.m., followed by the start of the 2K race at 9 a.m. The event is at Fairview Park and Estancia High School. For more information and to register online, visit http://www.costamesacommunityrun.com.
NEWS
April 6, 2012
Mariners Christian School raised $250,000 through its spring fundraiser in Newport Beach for programs and school supplies. The money raised at the Costa Mesa K-8 private school's annual Spring Benefit and Auction on March 30 at the Balboa Bay Club will be used for teacher iPads, golf practice nets and a rubberized outdoor play surface as well as academic and extracurricular programs. "It was an amazing evening," Head of School Bob Sladek said in a prepared statement. "The Balboa Bay Club is a great place to hold the event.
NEWS
By B.W. Cook | March 21, 2012
An evening in Newport Coast attracted Orange County VIPs to an intimate yet serious salon gathering on behalf of the local Make-A-Wish Foundation. The private gathering raised $100,000 in donations from guests, including Angels President and Chairman Dennis Kuhl , Irvine Co. Vice President Steve Friedlander and his wife, Marie , and Montage Resort General Manager Todd Orlich and his wife, Victoria . Hosted by make-A-Wish board members Daniel Kim and Joel Solomon , the event was billed as the 2012 Inaugural Cornerstone.
ENTERTAINMENT
By B.W. Cook | January 25, 2012
Celebrating in great style the Chinese New Year 4710, the Year of the Water Dragon, hostess Elizabeth An of AnQi in South Coast Plaza invited some 50 local VIPs to a luncheon in her private dining room. An was joined by David Grant and Werner Escher of South Coast Plaza hosting the affair at a spectacular banquet table. It was festooned with multiple arrangements of red blossoms, all symbolizing good luck in the coming year. Dining publicist to the stars Lee Healy greeted arriving patrons, including the local legend Gloria Zigner prior to luncheon service, which consisted of four courses, each designed to bless the Year of the Water Dragon with good fortune.
NEWS
From The Los Angeles Times | January 18, 2012
What do you do when it turns out a wealthy investor can't actually come up with $174.5 million as promised? If you're Beverly Ray Parkhurst, who owns the landmark Balboa Bay Club and Resort in Newport Beach, you call off your planned sale of the company to Winston Chung of Hong Kong and entertain other offers, as the Times reported Tuesday. And with your financials improving, you may decide to hold off on a sale altogether for now, a top club official said. Chung, a battery and electric-vehicle entrepreneur, attracted considerable attention over the last two years by investing in Southern California specialty-vehicle makers and promising to establish a green transportation industry in the Southland.
NEWS
From L.A. Times and Daily Pilot reports | January 17, 2012
A deal to sell the Balboa Bay Club and Newport Beach Country Club to a wealthy Hong Kong businessman has collapsed. The $174.5-million deal for the combination yacht club and hotel and its sister Newport Beach Country Club was called off Jan. 13. Investor Winston Chung never came up with the money as agreed, forfeiting what city documents show was a nonrefundable $4-million down payment. "We were told he was having difficulty moving money out of China," David Wooten, chief executive of the clubs, said Monday.