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

Big-name retailers don't want to come to Canada anymore
globalnews.ca

At the beginning of 2013, Canada was regarded as fertile grounds for new retailers to set up shop in, with Target Corp. readying for its widely anticipated Canadian launch while high–end chains like Nordstrom were making splashy expansion announcements …

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New movie theater to feature alcohol, reclining leather seats
www.bizjournals.com

O'Neill Properties Group signed a lease for a high–end movie complex at its Uptown Worthington development off Route 202 in Malvern, Pa. The two-story complex will … more than $500 million. Natalie Kostelni covers real estate and economic development.

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Chicago-area company acquires Stafford apartment community
blog.chron.com

“Over the past several years, we have been looking to diversify our real estate portfolio and feel the Houston market is among the most vibrant multifamily real estate markets in the country,” said CEO Barbara J. Gaffen, said in a statement. “Office …

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Strategic Hotels & Resorts, Inc. Announces Updated Guidance Ranges To …
www.marketwatch.com

Strategic Hotels & Resorts, Inc. is a real estate investment trust (REIT) which owns and provides value enhancing asset management of high–end hotels and resorts in the United States and Europe. The company currently has ownership interests in 16 …

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Historic Woolworth Building penthouse sets Manhattan real estate record with …
www.dailymail.co.uk

… to start selling the 34 luxury units this fall. The 'spacious, super high–end' homes start at $3.5million for a 1,209-square-foot-unit and are accessed in the office building through a separate lobby. Alchemy expects construction should be …

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Is Portland big enough for a new high-end Hilton hotel?
www.bizjournals.com

… project in Portland's Riverplace District. And of course, Metro is working with Mortensen Development to construct a 600-room Hyatt-flagged headquarters hotel at the Oregon Convention Center. Wendy Culverwell covers real estate, retail and hospitality.

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Americans' urge for big houses returns: Square footage at record high
www.latimes.com

Another factor could be the focus lately by many home builders on higher–end developments, which tend to be larger than more modest starter-home projects. Either way, it suggests that Americans' appetite for a big house didn't go away in the downturn.

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Paul Krugman dismantles Piketty's haters
www.salon.com

There are so many independent indicators pointing to sharply rising inequality, from the soaring prices of high–end real estate to the booming markets for luxury goods, that any claim that inequality isn't rising almost has to be based on faulty data …

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The June issue is live!
therealdeal.com

Our Hamptons issue ranks the largest residential brokerage firms on the East End. The 10 biggest brokerages have a total of 1,421 real estate agents — up from 1,277 in 2013, an 11 percent increase. And while the high–end Manhattan market is also on …

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