Luxury Golf Courses Can Reduce Italy's $1.98 Trillion Debt, Say Developers - Bloomberg
Luca Valerio, Golf Parco di Roma Resort president. Valerio says that golf is a social event for Italians. Photographer: Fred Downes via Bloomberg An artist's rendering of the Terre Dei Consoli Golf Club. The

Concierge Auctions to Present Luxury Bank-Owned Residence in Kona, Hawaii at Live, on Site - Forbes
KONA, Hawaii, July 30 /PRNewswire/ -- A live, on-site auction of a new exquisite island residence perfectly situated on more than 1.6 acres in Kuki'o - home to the exclusive Kuki'o Golf and Beach Club - at 72

Sales Success: Water’s Edge Luxury Condos Grand Re-Opening - Transworld News
Better economic times predicted for Downtown Clearwater after Water’s Edge luxury condos had 600-plus guests at their grand re-opening Thursday and enough sales to pay off their acquisition loan, removing

Behringer Pays $66M for 392-Unit Uptown Property - Daily News Article - GlobeSt. com
1111 Post Oak Blvd. HOUSTON-Behringer Harvard Multifamily REIT I Inc. has acquired Uptown Post Oak, a 392-unit apartment community in Uptown, for $65.5 million. The purchase price was disclosed in the Dallas-based REIT

London Luxury-Home Prices Decline for First Time in 16 Months - BusinessWeek
Aug. 2 (Bloomberg) -- Luxury-home prices in central London declined in July for the first time in 16 months as the recovery persuaded more owners to sell, broker Knight Frank LLP said. Prices of properties

Brangelina Purchase Luxury Home in Italy - AceShowbiz
Brad Pitt and Angelina Jolie have expanded their property empire by investing in a multi-million dollar mansion in Italy. The Hollywood couple has reportedly added to their property portfolio by paying $40 million for a

Nuance, One51, Google, Tudou, `Paul the Octopus': Intellectual Property - Bloomberg
Vlingo Corp. , whose products help mobile telephones recognize voice commands, sued rival Nuance Communications Inc. alleging infringement of five U.S. patents. Vlingo, based in Cambridge, Massachusetts, is

London Luxury-Home Prices Drop in Month for First Time Since March 2009 - Bloomberg
Luxury-home prices in central London declined in July for the first time in 16 months as the recovery persuaded more owners to sell, broker Knight Frank LLP said. Prices of properties costing at least 1

Luxury Property: Retreat at Timber Hill - Summit Daily News
Tucked away in the quiet Breckenridge neighborhood of Warriors Mark West is today's featured residence. The half duplex home at 18 Timber Drive boasts five bedrooms, four baths and nearly 2800 square feet of living space

High-end home distress: Foreclosures, short sales catching up to luxury properties - Birmingham Business Journal
The trend of short sales, foreclosures and walk-aways from distressed mortgages is moving from outlying, middle-class cities to the mansions of Paradise Valley and Scottsdale. Beth Jo Zeitzer, president of ROI Properties