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High End Real Estate

Long Island Gains From Industrial Demand
online.wsj.com

But this year, the designer and maker of high–end uniforms for the luxury hospitality industry will move its Hempstead operations to a substantially larger, brighter and more-efficient space in Hicksville, Long Island. "The hospitality business seems …

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Chinese move into luxury Manhattan property
www.bbc.com

Increasingly, buyers from China are snapping up luxury property in America, particularly in high-priced markets like New York. Cynthia Liu, 26, is among the Chinese buyers who have decided to invest in upmarket residential real estate here. Ms Liu grew …

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5 Questions with James Simpson, of Teles Properties in Boulder
www.dailycamera.com

James Simpson, manager of Teles Properties' new office in Boulder. Teles, a Beverly Hills, California-based residential real estate firm specializing in luxury properties, recently opened an office in downtown Boulder — its first outside its home state.

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Home flipping wanes as property buyers find fewer bargains
www.dallasnews.com

Real estate investors are making smaller profits and finding fewer opportunities for deals after a two-year surge in property values that's now slowing. … The share of high–end flips is increasing as fewer distressed properties become available …

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Stock Investors Straddle the Fed's Line
online.wsj.com

Stocks so far have largely shaken off concerns about how the market will do without the Fed's monthly stimulus, which is due to end in October and has been seen as supporting asset prices. But money managers are … Corners of the market that pay out …

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Homebuyers Back as Korea Aims to Awaken Market: Mortgages
www.bloomberg.com

A nationwide weekly apartment purchase price index hit a six-year high on Aug. 18, according to Kookmin Bank data. The new polices are “stronger than people had expected and are thawing the market,” said Shim Gyo Un, a real estate department professor …

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Developers see prime real estate in razed housing site
www.crainsdetroit.com

Most think the site — where the fourth and final high-rise tower could be completely demolished as soon as Monday — is primed for redevelopment as multifamily units, perhaps with retail spliced in the mix, given the high demand for apartments and …

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Washington job market is lagging the rest of the country, economist says
www.washingtonpost.com

The area's office vacancy rate — 15.6 percent at the end of the second quarter, according to real estate services firm Cassidy Turley — is among the highest it has been in the recent past, Fuller said. Meanwhile, economic uncertainty continues to …

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The Briefing: Top business stories from last week
www.tennessean.com

… Chicago-based hotel investor AJ Capital Partners and The Berger Co., a New Orleans-based real estate development and investment firm. Mark Bloom, co-owner of property in the Gulch that's also being eyed by luxury hotel brands, said the two hotels …

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