Dr. Rick C. Ernst
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High End Real Estate

CBS Outdoor Americas (CBSO) IPO Prices at $28, High End of Range
www.streetinsider.com

CBS Outdoor Americas Inc. (NYSE: CBSO), the outdoor advertising subsidiary of CBS Corporation (NYSE: CBS), announced the pricing of its initial public offering of 20 million shares of its common stock at a price to the public of $28 per share, the high …

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Luxury condominium accepting reservations in Seagrove Beach
www.thedestinlog.com

Beach Properties of Florida has announced the debut of Chateau 30A, a 28-residence luxury condominium in Seagrove Beach now accepting buyer reservations. Located directly on Scenic Highway 30A, Chateau 30A will feature a combination of simple …

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Manhattan Real Estate Feels a Russian Chill
www.nytimes.com

Moscow may be 4,500 miles from Manhattan, but with tensions intensifying over the annexation of Crimea, an Arctic Russian blast could chill the high-flying luxury real estate market here. Rich Russians have long been a force in the city, headlining …

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The nixing of Ottawa's immigrant visa scheme has led to concerns that wealthy …
america.aljazeera.com

University of British Columbia real estate professor Tsur Somerville told Al Jazeera that the hike was due to an influx of wealthy immigrants, mostly from mainland China, although statistics verifying who is buying up high–end Vancouver real estate …

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BlackBerry Ltd readies 'The Classic,' other new high-end smartphones aimed at …
business.financialpost.com

Chen said BlackBerry is now back on solid financial footing after it sold the vast majority of its real estate portfolio and arranged a convertible debt financing in 2013. The CEO said he was “very comfortable” with the balance sheet and plans to be …

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Developer of Houston's tallest apartment building buys property next door
blog.chron.com

PM Realty Group acquired the 136,698-square foot building, and a 20-lane motor bank, at 2900 Weslayan for an undisclosed amount. The acquisition gives the Houston-based commercial real estate firm a 2.8 acre parcel in an high–end neighborhood inside …

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Regency Christie's International Real Estate Drive Increased Sales at The …
www.prweb.com

Regency Christie's International Real Estate holds a recognized and trusted name in the world of luxury real estate, providing discerning buyers and sellers with a global footprint that far exceeds any competition. As a result Robert notes, “Sales at …

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Hong Kong buyers send London real estate soaring
money.cnn.com

London real estate is among the most desirable in the world, attracting wealthy investors looking for high returns — often at the expense of city natives who are being priced out of many neighborhoods. Foreign money so dominates that nearly 70% of …

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The Chinese Buyers' Club: Economic Shifts and Cultural Idiosyncrasies Guide a …
observer.com

The proprietor of Shawn Elliott Luxury Homes, a real estate brokerage specializing in Long Island mansions, Mr. Elliott estimates that today more than 50 percent of houses traded on the Gold Coast that cost $5 million or more go to Chinese buyers. To …

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