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

Recruit Prices $1.8 Billion Japanese IPO at Top End of Range
www.bloomberg.com

A 1990 court ruling established that shares of Recruit Cosmos Co., a real–estate unit, were distributed as bribes before it went public, according to a New York Times report at the time. The ensuing public disenchantment with the money-raising …

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'Champagne Fizz' Goes Flat for London Homes: Real Estate
www.bloomberg.com

Many of the developers are targeting overseas buyers at the luxury end of the market, where rising supply has already reduced the premium paid for new apartments over existing ones to 43.1 percent at the end of the first quarter from 67.6 percent in …

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5 things to remember when buying a luxury property
economictimes.indiatimes.com

Shambhu Kumar, 42, a London-based IT professional, is keen to buy a luxury property in Gurgaon, Bangalore or Pune. Since the amount of money at stake is high, Kumar is keen to learn about the factors to which he should give primacy in his search.

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Furniture stores benefit from building boom
www.news-press.com

Fort Myers-based Robb & Stucky, which dominated the high end of the business, expanded too fast and closed its doors in May 2011 after its assets were sold in bankruptcy court to a Chinese company. But three months later Robb & Stucky CEO Clive Lubner …

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Hunt charged in fourth case of theft
www.dailyprogress.com

WAYNESBORO-A Waynesboro man is in Middle River Regional Jail today, after being charged with theft for the fourth time. Waynesboro police charged Joseph Daniel Hunt, 25, after an incident that happened on Tuesday. Police responded to a call Tuesday …

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Auction watch: Activity warms autumn air with marathon sale
triblive.com

Also on the block during the long weekend sale are Turkish, Persian and Navajo rugs; British and American oil paintings; high–end furniture from Baker and other big-name manufacturers; primitives and antiques. Previews are at the Dargate showroom from …

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Final pieces of Irvine Ranch complete 'open-space puzzle' in OC
www.latimes.com

Irvine Co. officials say the decision largely traces to company Chairman Donald Bren, whom Forbes called "the wealthiest real estate developer in the U.S." … But an "idiosyncratic" set of circumstances that led to the company's growth, coupled with …

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Hong Kong Wealth Gap on Display in Protests
www.nytimes.com

Guests at the $600-a-night Mandarin Oriental hotel had to enter through a lowered metal security gate on a few recent evenings, and several jewelers and luxury handbag shops are temporarily shuttered. The unusual lull in high–end business seems a …

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Real Estate reality TV sheds light on Las Vegas
www.reviewjournal.com

TV” seems committed in continuing to include segments about Las Vegas Valley real estate and luxury lifestyles on its nationwide entertainment news show (appearing locally on Channel 13). It selected Las Vegas as the site of one of its three news bureaus.

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