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

Southwest Florida still struggling with underwater homes
www.heraldtribune.com

As a result, buyers looking for affordable homes may not find much for sale because of the high level of underwater homes, according to data from real estate researcher Zillow. Some 30 percent of mortgaged homes priced at $98,400 and below were …

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Italian developer Preatoni buys Dubai Star Tower
www.property-report.com

The 48-storey tower was launched in 2005 by German property fund Alternative Capital Invest but has faced financial troubles. It was sold to the Italian company's recently launched Preatoni Real Estate unit. “Reflecting a rebound in investor appetite …

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Statler's new owner adds Phil Romano's Strait Lane estate to his portfolio
popcultureblog.dallasnews.com

Real estate blogger Candy Evans tells us that, last week, he closed on the nearly five-acre estate built by Trinity Groves co-developer Phil Romano. Neighbors include Ross Perot, Brint Ryan and Kenny Troutt. … Moayedi has been a very successful …

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The Tale of Reeling In a Big One
online.wsj.com

Mr. Hodos, who last week won a prestigious award for the deal from the Real Estate Board of New York, said he tried for years to persuade Atlanta-based Coca-Cola to lease the space, first to Victoria's Secret and then to Ralph Lauren. But he said he …

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Europe Middle East Investors To Spend $180bn On Global Real Estate Over …
gulfbusiness.com

Europe is the preferred target and is expected to receive 80 per cent of the $180 billion (around $145 billion) as it offers “diversification, cultural acceptance, high liquidity and market transparency,” said the report. While close to $85 billion …

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Myles-Leger story begins with success
www.thetelegram.com

The plan was to use Bill's real estate experience alongside Randy's business acumen and seed money (purportedly from a successful turn in the tech industry) to create a new kind of real estate developer. Myles-Legér proposed new builds and brought …

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Kohler sponsors two Property Awards
www.property-report.com

“We are a leading global manufacturer of kitchen and bath products and the Kohler brand is used in many high–end residential and hospitality projects,” Adam Quek, Kohler's General Manager & Commercial Director for South East Asia said. He added that …

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Sydney, Melbourne real estate auctions run hot
www.afr.com

Property prices in Melbourne and Sydney's sprawling middle-class suburbs are going gangbusters as the lower and top-end markets are in danger of being busted by prices that are either too high, or not high enough, according to real estate specialists.

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The high-end housing market appears to be bouncing back
www.cbs12.com

The number of homes snapped up for $1 million or more in Palm Beach County rose in the first quarter of this year by 16 percent from the same quarter a year ago – more evidence of a turnaround in the region's real estate market. It was the second …

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