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Luxury Real Estate

Foreign Supremacy in London's Luxury-Home Market Erodes
www.bloomberg.com

Prices in London's luxury-home market have surged 68 percent since March 2009 as a weaker pound, the euro-region debt crisis and uprisings across north Africa and the Middle East attracted investors seeking to protect their wealth. Gains will slow by …

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Q&A with Ken Lowman, broker-owner of Luxury Homes of Las Vegas
www.reviewjournal.com

Leading luxury Realtor Ken Lowman may seem like a long way from his career as an engineer, but he doesn't see it that way. Lowman, broker-owner of Luxury Homes of Las Vegas, found his love for real estate while working as an engineer in Southern …

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Vatican removes German 'bishop of bling' over luxury home
blogs.reuters.com

The Vatican has removed a German bishop because he spent 31 million euros ($43 million) of Church funds on an extravagant residence when Pope Francis was preaching austerity. It said the atmosphere in the diocese of Limburg had become such that …

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Luxury row homes planned in Midtown
www.bizjournals.com

The Tennessean reports that Franklin real estate investor Joe Bauer paid $1.1 million for two vacant homes at 2118 and 2120 Hayes St. from ADS of South Florida LLC. Bauer is partnering with Ryan Talbert, owner of Split Rock Development, on construction …

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Real Estate Rumblings
houston.culturemap.com

The new luxury hotel will feature 225 rooms and is set to open in time for the 2017 Super Bowl. Rendering courtesy of … Ralph Bivins, founding editor of RealtyNewsReport, is a past president of the National Association of Real Estate Editors. Share …

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China Property Awards launches
www.property-report.com

After eight successful years in the ASEAN region, Ensign Media's prestigious Asia Property Awards will be coming to China, Hong Kong and Macau for the first time in 2014. The inaugural China Property Awards will recognise the best in the Chinese real …

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Zeckendorf unveils newest luxury tower
www.rew-online.com

Zeckendorf Development, Eyal Ofer's Global Holdings and Park Sixty LLC, an entity formed by Rafael and Ezra Nasser, today announced 520 Park Avenue, a 51 story residential tower located at East 60th Street between Park and Madison Avenue, …

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Kevin Maloney buys $11M duplex in Walker Tower
www.rew-online.com

Maloney and JDS's Michael Stern bought a chunk of the building from Verizon in 2009 for just $25 million and then spent a reported $200 million converting the Ralph Walker-designed Art Deco tower into luxury homes that have achieved record-breaking …

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Bali villa bought with bitcoin
www.property-report.com

The deal, which legally involves a long-term lease of a 279 sqm villa at the deLMango Villa Estate in accordance with Indonesian foreign ownership laws, was completed in February through BitPremier, the bitcoin-exclusive trading platform for luxury goods.

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