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Tag: Irvine Company

  • Donald Bren’s Resort at Pelican Hill Will Become a St. Regis

    Donald Bren’s Resort at Pelican Hill Will Become a St. Regis

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    500-acre crown jewel of Irvine Company holdings will be managed by Marriott

    Donald Bren and The Resort at Pelican Hill (Getty, Pelican Hill)

    Donald Bren’s The Resort at Pelican Hill in Newport Beach will become a St. Regis. 

    The sprawling resort, including the Pelican Hill Golf Club, will be managed by Marriott International under its luxury group starting on July 1. The 504-acre resort will later join the St. Regis brand, according to sources. Marriott owns the luxury hotel chain St. Regis. 

    Bren’s Irvine Company will continue as the long-term owner of the property. Marriott plans to retain most of the resort’s employees.

    The Irvine Company said the decision followed a “strategic review” of its operations to improve the 5-star experience in order to enhance the resort as a sought-after destination for guests, according to communication obtained by The Real Deal.

    Bren is the wealthiest real estate developer in the U.S. and among the wealthiest people in the country, according to Forbes. The publication pegs his net worth at $17.4 billion. His firm owns 129 million square feet, including 590 office buildings, 125 apartment complexes with 65,000 units, 40 shopping centers and five marinas. Bren is the majority owner of the MetLife building in Manhattan.

    The Resort at Pelican Hill is one of The Irvine Company’s crown jewels. Located at 22701 Pelican Hill Road South, the resort sits along the coast of Newport Beach overlooking the Pacific Ocean and has 204 bungalows, 128 villas and two 18-hole golf courses on the property. It’s noted for its “Coliseum Pool ” with a blue bottom created by 1.1 million hand-cut glass mosaic tiles. 

    Rates range from $1,095 to more than $5,000 per night, according to the resort’s website. A special extended stay program offers two-bedroom villas for $28,500 to $75,000 per month, or a three-bedroom for as much as $90,000 per month.

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    Keith Larsen

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  • Fashion Furniture Rental Names David D. Brackett as New CEO

    Fashion Furniture Rental Names David D. Brackett as New CEO

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    Press Release
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    updated: Apr 8, 2016


    SAN DIEGO, April 7, 2016 (Newswire.com)
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    ​​Fashion Furniture Rental, Inc., a leading rental furniture company offering innovative solutions for residential, commercial, and home staging furniture rental applications in all California markets, announced today the hiring of David D. Brackett as their Chief Executive Officer. He will be based in their San Diego office.

    In his new position, Brackett will lead a trusted and well tenured team, overseeing all aspects of the company’s operations. According to Brackett, his goal as the C.E.O. is to maximize the firm’s growth potential by utilizing their existing resources, including it’s outstanding and well known team of sales, service, and administrative professionals, while also implementing institutional management philosophies and practices he has utilized throughout his career.

    “Dave Brackett brings more than 30 years of management expertise to our company,” said Brian Pidgeon, who is stepping out of the C.E.O. role and into the role of Principal for the company. “It was important for me to find someone with Dave’s character and experience to take our company to new heights. Also, having been a family owned and operated business for so many years we wanted to ensure we found a leader who would honor the culture of the company my father started over thirty years ago.”

    Brian Pidgeon, Owner

    “Dave Brackett brings more than 30 years of management expertise to our company,” said Brian Pidgeon, who is stepping out of the C.E.O. role and into the role of Principal for the company. “It was important for me to find someone with Dave’s character and experience to take our company to new heights. Also, having been a family owned and operated business for so many years we wanted to ensure we found a leader who would honor the culture of the company my father started over thirty years ago.” 

    Prior to joining Fashion Furniture Rental, Brackett served as Senior Vice President at The Irvine Company, where he oversaw a portfolio of over 38,000 apartments. Previous to that position, Dave was the Executive Vice President at Archstone, a former multifamily real estate investment trust, where he oversaw operations for the western half of the U.S. He has also held leadership positions at StarPoint Properties, Oakwood Worldwide, and Enterprise Rent-A-Car.

    Brackett graduated cum laude with a Bachelor’s degree in economics from the University of California at Santa Barbara. He holds a California B.R.E. Brokers’ license, is a member of the National Multi-Housing Council (NMHC), the National Apartment Association (NAA), and the California Apartment Association (CAA).
    a worked in the home furnishings industry for 30 years.  Brian and Mark Pidgeon, Harold’s sons, joined the company in 1987 and they managed the daily operations of the company.

    Through hard work, outstanding customer service and consistent upgrades, Fashion Furniture Rental now offers the most extensive and unique furnishings in the industry, backed by our award-winning service teams. Now 30 years in the furniture rental business, Fashion Furniture Rental keeps growing and expanding today with the goal of providing premier service to our clients throughout Southern California and Northern California.

    Fashion’s success over the past 30 years is due to our focus and on our Mission and Values.  Our Mission is to provide an unparalleled experience by fostering an environment that inspires teamwork and unrivaled passion for exceptional service.

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