Paul Makarechian

Paul Makarechian is the Founder and Chief Executive Officer of Auric Road, a company based in Beverly Hills, California.12 He has an extensive background in the real estate industry, with nearly 20 years of experience in institutional real estate before founding Auric Road.2

Career History

Prior to his current role, Paul held several significant positions:

1. Chief Executive Officer at Makar Properties (2001-2018)1
2. Senior Vice President at Capital Pacific Holdings (1997-2001)1

Education

Paul Makarechian received his Bachelor of Arts degree in Business Economics from the University of California, Santa Barbara.1

Achievements and Recognition

Paul has gained recognition in the hospitality industry:

• He was named one of the Top 10 award winners in the Independent Lifestyle Operator category by HOTELS Magazine.4
• His company, Auric Road, has been featured in Forbes magazine.3

Philanthropy

There is a Paul Makarechian Foundation, a charitable organization headquartered in Newport Beach, CA.5 This suggests that Paul is involved in philanthropic activities, though the specific nature of these activities is not detailed in the provided information.

Paul Makarechian's transition from institutional real estate to founding Auric Road represents a significant shift in his career, which he described as embarking on a "new adventure".2 His experience and achievements in the hospitality and real estate sectors have positioned him as a notable figure in the independent lifestyle operator space.