Dr. Rick C. Ernst
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High End Real Estate

The 10 Most Expensive Home Sales in America
www.thefiscaltimes.com

While U.S. real estate market is taking a breather, sales of homes at the high end of the market—trophy homes selling for eight to nine figures—are reaching new records. A hedge fund manager, it was reported on Monday, paid $147 million for an East …

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432 Park's New $76.5M PH Has Old-But-Good Floorplan Porn
ny.curbed.com

Sliding doors? At this end of the market? Are you kidding me? By iluvnyc. 05/09/14 04:48 PM. Before, during or after this current 'growth spurt' of ultra high end real estate, 432 Park Ave. will be a truly 21st C. Manhattan Residential Masterpiece! By …

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Drug lord Escobar's former Miami mansion sells for nearly $10 million
www.nydailynews.com

U.S. marshals seized the property in 1987 along with nearly $20 million of the Medellín Cartel's Florida real estate assets. Also included in the seizure was a 45-unit apartment complex, a three-bedroom condominium near a high–end Miami mall, a horse …

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Another high performance apparel retailer makes tracks for Portland
www.bizjournals.com

Urban Works Real Estate reports it brokered a 3,136-square-foot lease with Vancouver, B.C.-based Arc'teryx Equipment Inc. Arc'teryx will open a store selling high-performance outdoor gear this fall at 605 N.W. 23rd Ave. Arc'teryx has been expanding in …

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New hope for Clearwater albatross: "The Strand" may have buyer
www.tampabay.com

An as-yet-unnamed Chicago investment group is seriously considering buying the distressed building at 1100 Cleveland St. and finishing the project, either as high–end condos and townhomes or as apartments, a real estate brokerage firm confirmed Friday.

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5 trends shaping Charlotte's spring home market
www.charlotteobserver.com

The increased willingness among lenders to make jumbo loans comes as real estate officials say Charlotte's upper-end housing market is rebounding, from Ballantyne to Myers Park to Lake Norman. … “The market in high–end is picking up,” he said.

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Marc Faber Is Predicting Another Crisis — Is He Right?
wallstcheatsheet.com

The stock market is climbing and the prices of high end real estate are rising as well, and so the rich are feeling better. But the “man on the street” isn't feeling better. People are mostly getting lower paying jobs that aren't very productive (e.g …

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Concierge Auctions Continues International Success In Calgary, Canada
www.newswire.ca

CALGARY, Alberta, May 9, 2014 /CNW/ – Luxury real estate auction firm Concierge Auctions is pleased to announce the pending sale of a trophy equestrian estate in Spruce Meadows exclusively listed with Mark Evernden of Sotheby's International Realty …

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DAMAC announces new luxury projects
www.property-report.com

DAMAC Properties, one of the Middle East's leading luxury real estate developers, unveiled its latest projects amidst speculation of a potential property bubble in Dubai. The Dubai-based firm, which recently disclosed that its net profit tripled in …

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