Sunday, May 23, 2010

Fraudster's Wife Fights Feds for Luxury Homes, Bank - ABC News
(Joshua Lott/Reuters) The wife of convicted bank fraudster Hassan Nemazee is claiming ownership of a range of assets, including luxurious apartments in Manhattan and Rome, a 14th-century Italian farmhouse, a Katonah, N.Y., estate and $637,000 in bank

It's a buyer's market for luxury summer homes - MSN Real Estate
In April, Texas billionaire Kelcy Warren bought a 3,500-acre trophy property, the Boot Jack Ranch near Pagosa Springs, Colo. The retreat has about 77,000 square feet of living space, seven lakes and miles of pastures. The sale, worth $46.5 million

Ellman faces foreclosure on land for luxury homes - AZCentral.com
A developer faces foreclosure on a 2,450-acre swath of land east of Fountain Hills where 1,000 luxury homes and a resort were planned. The Ellman Cos., doing business as Goldfield Preserve Development LLC, defaulted on a $177.1 million loan for the

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