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

REITs getting squeezed out, institutional capital taking over
business.financialpost.com

Luxury real estate is here to stay even if the chief economist of CIBC has his doubts. Paul Zemla, chief investment officer of Bentall Capital LP, took a gentle shot at Avery Shenfeld, CIBC's head economist, during a panel discussion at the bank's 19th …

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No bidders for Wiederhorn's mansion, house goes back to the bank
www.bizjournals.com

Wiederhorn said he reached a deal with CitiMortage last year to return the property to the bank. "I thought the bank would be the best buyer for the house because of the state of the high–end real estate market in Oregon." Wiederhorn bought the house …

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Top luxury homes sell for under CV
www.nzherald.co.nz

Barfoot & Thompson real estate agent Allie Chen said the new owner, who was originally from China but had lived in the country for a number of years, wanted a home where he could retire with his family. When asked about the property going below CV, she …

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Design District | New York Investors
therealdeal.com

New York-based real estate investors are pouring money into Miami's Design District as the area evolves into a luxury retail hub. The district's conversion is being led by Craig Robins-led Dacra and private equity partner L Real Estate Advisors, which …

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Manila in top five for Asia Pacific real estate investors
www.relocatemagazine.com

Likewise high–end residential property prices in Makati CBD increased by 6.92 per cent (6.25 per cent inflation-adjusted), representing the highest increase since 1995. In Bonifacio Global City (BGC), the newest city under development, the average …

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Thai developers join forces with China's Greenland Group
www.property-report.com

“We see enormous potential in Thailand's luxury real estate development sector and are committed to being among the top players,” said Magnolia CEO Tipaporn Chearavanont in a press statement. “We believe that global partnerships with some of the …

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Realtors React to Reval and this Week's Home Sales
scarsdale10583.com

This is challenging because accurate appraisals are more difficult to accomplish in high–end markets. My suggestion is that owners contact a real estate broker they know and trust and have a market analysis done of their home so see whether the new …

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Monterey County real estate market preps for Chinese buyers
www.montereyherald.com

The Monterey County Association of Realtors, or MCAR, is hosting a seminar in late May on cultural differences in Chinese buyers and high–end Realtors are adjusting strategy. "I think it is important for agents to understand or walk in their clients …

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– Italian Brand Tonino Lamborghini enters Chongqing
www.virtualpressoffice.com

… signing cooperation agreement with Sunshine100 Real Estate Group — not only opened Italian Culture Week in China (Chongqing), but also brought high–end luxury hotel brand Tonino Lamborghini to Chongqing's first world-class urban complex Himalaya …

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