Dr. Rick C. Ernst
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High End Real Estate

Groups of high networth individuals make the best of slowdown in home sales
economictimes.indiatimes.com

In another transaction, a private wealth management firm negotiated a discount of almost 40 per cent with a Gurgaon real estate developer for a group of HNI clients. In this deal, the … That number went up to 700,000 by the end of March 2014. While …

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Downtown LA carwash owner cleans up in sale estimated at $25 million
www.latimes.com

It was bought by a developer who plans to build a high-rise hotel-and-residential complex. Robert O'Quinn works on a … The carwash site across the street from L.A. Live "is a Los Angeles real estate trophy," said buyer Ben Neman, "and we want to make …

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Buying in Roslyn Heights
www.newsday.com

Prices range from $500,000-$800,000, says Michael Berman of Automatic Real Estate. High–end homes, which can top $2 million, can be found in the Country Club section, where many original Levitt-built ranches were razed by builders, Cohen says.

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Cash is king for Beaufort County's upscale real estate market
www.islandpacket.com

One in three buyers of U.S. homes is paying cash, a record high, according to data made available to McClatchy Newspapers. All-cash sales as a percentage of residential real estate sales stood at 33 percent from January to March this year. That's up …

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Luxury Hotel SLS Beverly Hills on the Market
www.bloomberg.com

Sam Nazarian, the Los Angeles restaurant and nightclub owner, is putting his SLS Beverly Hills luxury hotel on the market as part of a strategy to cash in on the company's real estate investments and focus on its management operations. The Southern …

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California luxury home buyers prefer hilltop over ocean-front, survey says
www.sddt.com

Luxury home buyers in California preferred hilltop homes over ocean-front properties by a margin of four to one, according to the California Associations of Realtors' “2013 Luxury Real Estate Consumer Survey.” Forty-one percent of buyers who bought …

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John Jay Holahan joins Haute Living Real Estate Network
www.waltonsun.com

Haute Living Real Estate Network (HLRN) offers readers the most prominent directory of experienced realtors, brokers and luxury listings, and HLRN has grown to be the number one source for real estate news, residential developments, celebrity real …

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Rich and looking to invest? Don't buy a mansion
www.marketplace.org

The highest end of the high end real estate market is buzzing. Already this year three homes in the U.S. have sold for more than $100 million. Just last week, a property in the Hamptons (outside New York) sold for $147 million — the most ever paid for …

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Hilltop Home Sales Outpace Oceanfront Properties For Calif. Luxury Buyers
losangeles.cbslocal.com

By contrast, 41 percent of buyers polled in the “2013 Luxury Real Estate Consumer Survey” who bought homes for more than $1 million said they purchased a home with a hilltop view, according to the survey. Hilltop homes outranked oceanfront homes and …

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