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High End Real Estate

Prudential Hallmark Realty joins Berkshire Hathaway
pasoroblesdailynews.com

Berkshire Hathaway HomeServices, the new real estate brokerage network operated by HSF Affiliates LLC, today announced that Prudential Hallmark Realty has joined the network and is operating as Berkshire Hathaway HomeServices Hallmark Realty. … also …

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Apartment construction surges across the Southland amid rising rents
www.latimes.com

And many of them are higher–end units being built in pricier parts of town, said Eric Sussman, a real estate lecturer at UCLA's Ziman Center for Real Estate who also heads several firms that own apartment buildings in Los Angeles. Although he predicts …

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ARCP Hauls In $1.5B Red Lobster SLB
www.globest.com

“When consummated, the Red Lobster transaction will allow us to achieve the high end of our acquisition guidance which we set at $3.0 billion for the entire year of 2014,” says ARCP president David S. Kay. “We previously promised acquisitions at cap …

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Sonoma Golf Club sold to Texas golf course operator
www.pressdemocrat.com

… Real Estate Equities, a real estate investment firm that purchased the 177-acre course in 1998, sold it Thursday to Escalante Golf of Fort Worth, Texas, for an undisclosed sum. The course is a great fit with the company's growing stable of 16 other …

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Blackstone Group Tries A Hand At The Casino Industry
www.bidnessetc.com

… reporting a net loss of around $13 million for its latest fiscal quarter. Industry experts also note that the resort's gaming revenues have not yet shown the strength expected from a high–end casino that targets high-rollers and luxury travelers …

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Australia's boom suburbs
www.news.com.au

… best performer. There are 30 properties listed for sale in the area according to realestate.com.au starting from $199,000 for a block of land to $1.675 million for a 85ha farm. Sunshine Coast agent Tom Offermann says the Sunshine Beach area has …

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Real Estate Weekly – 5/16/14
thedailyrecord.com

The design will mimic NAVA's Columbia location with high–end tile work throughout, bamboo and pebble stone floors, a wood radius wall with cove lighting above, an illuminated waterfall in the lobby and slotted wood ceilings in various areas. The …

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The 'luxury' investment even the middle class should consider
finance.yahoo.com

“My favorite investment in real estate right now is vacation homes and second homes,” says author and real estate expert Shari Olefson in the attached clip. She's got two good reasons. First is the entirely logical lag in the recovery of the second …

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Cosmopolitan of Las Vegas sold to Blackstone Group for $1.73 billion
www.reviewjournal.com

“We also think this announcement speaks to a historically smart real estate buyer making a statement on the length of the Las Vegas Strip recovery, also a positive,” Greff said. UBS gaming analyst Srihari Rajagopalan suggested The Cosmopolitan … “We …

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