Dr. Rick C. Ernst
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High End Real Estate

In Denver, Beat Starts to Pick Up in a Once-Thriving Hub for Jazz
www.nytimes.com

… and five apartments, last year Mr. Beal renovated a building on Welton Street and leased out four retail spaces to businesses that include the Purple Door Coffee Shop and Winter Session, a manufacturer of high–end, handcrafted canvas and leather goods.

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Bay Area home values up 28 percent, luxury home prices leap 11 percent
www.bizjournals.com

This home at 3800 Washington St. in the Presidio Heights neighborhood of San Francisco is on the market for $21 million. It has eight bedrooms, seven bathrooms and 17,895 square feet. Prices for homes above $1 million grew by 11 percent during the past …

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Buyer of Corus Assets Wins Big
online.wsj.com

He added that the deal isn't typical for Winthrop, which is best known for buying distressed real estate, renovating it and selling it for a profit, rather than buying fully leased luxury apartment buildings. The markets where Winthrop bought the …

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Chelsea Residents Prefer Prisons to More Luxury Condos
observer.com

The state has yet to market the Art Deco building, which was a single-occupancy residence before it became a prison in 1974, but in there's a high probability that luxury housing is in the cards. After all, real estate developers' voracious appetite …

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High-End Retailers Struggling to Ring the Register
investorplace.com

In the wake of economic slowdowns, we have seen retailers offering discounted goods for cost-conscious consumers. But despite the stock market becoming more robust and real estate markets coming back, high–end retailers and product companies are not …

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With a $40 million asking price, West Michigan has a new champion of high-end …
www.mlive.com

SAUGATUCK, MI – With a $40 million asking price, there's a new champion of high–end real estate listings in West Michigan. The new champ is one of the former contenders — plus 300 more acres of beach property on Lake Michigan. It's the Lake Michigan …

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Long Island luxury home prices rising three times faster than overall market
www.newsday.com

The price increase comes along with a nearly 14 percent dip in inventory in the luxury real estate market. There have also been more luxury sales in the first half of this year — 527 sales, up 15 percent from 458 sales over the same period in 2012.

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Pricey homes in Richmond's eminent domain plan
www.sfgate.com

Richmond's controversial plan to seize underwater mortgages through eminent domain includes loans for at least two homes purchased for over $1 million as well as other high–end properties – a revelation that appears to undermine the city's argument …

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On the Verge | Los Angeles, Where the Wild Things Are
tmagazine.blogs.nytimes.com

Clockwise from top right: the Chateau Marmont, which is still the scene of so many late-night gatherings; Maxfield, a high–end boutique that helped put L.A. on the fashion map; clubgoers at the Standard hotel in West Hollywood; labels by L.A.-based …

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