Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
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High End Real Estate

iStar Financial Still Worth The Hassle (STAR)
seekingalpha.com

Developing these assets will require further cash investments, but represent good leverage to future improvements in high–end residential real estate markets. I'd note a few other important developments over the last few months. iStar management made …

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The inequality snowball effect
www.washingtonpost.com

Where he ended up in a working paper published today, though, is far more interesting: The idea that as the wealthy people who buy high–end sports cars start to account for more and more consumer spending in certain industries, they tend to pay …

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Luxury Home Sellers Are Cutting Prices All Around Chicago
www.chicagomag.com

By the time 2014 draws to a close, predicts Svenga Guddell, director of economic research at real–estate research firm Zillow, the median value of a house in the broad 14-county Chicago area won't have budged appreciably from where it was at the end of …

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First Team Christie's International Sees 41% Jump in Sales of $1 Million Plus …
insurancenewsnet.com

The recently completed second quarter of 2014 was the third best quarter for luxury real estate since 2011 according to publicly available data. The second and third quarters of 2013 were the strongest during that three-year span followed closely by …

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Rich French Fleeing Hollande Taxes Find Portugal Haven
www.bloomberg.com

Closer to Lisbon, at the Troia Resort, a cluster of luxury villas on a finger-shaped peninsula south of the capital, real estate agents are busy showcasing the last units to French, Chinese and other potential foreign buyers. French property buyers …

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Richard Crenian Sees Foreign Interest in Canadian Real Estate as Valid
www.webpronews.com

High–end home sales are said to be booming across the country, and the outlook is similarly positive for cabins, cottages, camps, and condos. “It's no wonder foreign interest is on the rise,” says Richard Crenian. “Low vacancies have resulted in an …

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`Poor doors' inevitable in Manhattan real estate
www.columbusceo.com

Everybody's mad about the "poor door." This is the name critics have bestowed upon the separate entrance for the affordable-housing units at a planned new luxury building on the Upper West Side of Manhattan. Those who pay market rates would have …

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Capital Real Estate: Port Authority will try again with Saarinen hotel project
www.capitalnewyork.com

Stephen Sigmund, the executive director of the Global Gateway Alliance, an airport advocacy group backed by real estate developer Joe Sitt, said that JFK could use some better lodging. 'Major airports around the country and the world have first-class …

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NEW DEVELOPMENT: Chinese apartment developer targets home crowd …
www.rew-online.com

A joint venture of Siras Development, a New York-based luxury real estate development group, and Kuafu Properties, the New York-based Chinese real estate investment and development company, have completed the acquisition of a Hudson Yards …

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