Friday, April 2, 2010

Henderson Faces Government Deadline Today on Costliest - Bloomberg
March 31 (Bloomberg) -- Henderson Land Development Co. , the Hong Kong-based builder controlled by billionaire Lee Shau-kee , faces a government deadline today for more details on uncompleted sales of luxury homes, including the world’s most

Pennsylvania Financier Charged In $25 Million Ponzi - NASDAQ
An investment adviser in suburban Philadelphia is facing charges he bilked clients out of more than $25 million in a Ponzi scheme and used their money to buy luxury homes and fund a lavish lifestyle, the Philadelphia Inquirer reports Friday. Anthony

Luxury Real Estate Prices Rising, But Market Still - PRWeb
Barron’s reports a rise in luxury real estate prices across the country, with some of the best deals to be found in second homes. Phoenix and Scottsdale luxury home specialist Kelly Tiff reports that comparable conditions exist in the Phoenix metro

Police break up burglary ring that targeted luxury - Los Angeles Times
The burglars targeted luxury homes in and around the Valley that were tented for pest eradication and those having estate sales, using Craigslist to find locations, authorities said. "In one house alone they stole more than $750,000 of items," said

Suspected Burglary Ring Targeting Valley Broken Up - CBS 2 KCAL 9
A San Fernando Valley burglary ring believed to be behind a string of high-end break-ins has been collared, according to reports. The burglars targeted luxury homes having estate sales via Craigslist and those being tented for pest eradication

Henderson Says It Has Explained Uncompleted H.K. Home - Bloomberg
Responding to an outcry over rising property prices last year, Hong Kong raised down payments on luxury homes to 40 percent from 30 percent and clamped down on marketing techniques. The apartment Henderson said was sold for a record -- based on

SF Valley burglars posed as exterminators to steal - Los Angeles Daily News
Los Angeles police detectives have busted an alleged burglary ring they say stole millions of dollars in electronics and jewelry from luxury homes in the San Fernando Valley. Lt. Alan Hamilton said Thursday that the suspects scouted out homes for

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