Thursday, August 26, 2010

Luxury home prices feeling market’s pain - Birmingham Business Journal
Luxury home prices in San Francisco, San Diego and Los Angeles fell from year-ago levels, and real estate agents think the current quarter could look even worse, according to the First Republic Prestige Home

Blackstone to Invest in China Luxury Property Development - Daily Finance
Blackstone Group ( BX ), a private equity firm, agreed to back a project to build luxury apartments in China. Blackstone entered into the agreement with Hong Kong property developer Great Eagle, The Financial Times

Sea Island Co. seeks bankruptcy - The Post and Courier
SAVANNAH -- Sea Island Co. has filed for federal bankruptcy protection with a plan to sell its luxury resorts that have been secluded getaways on the Georgia coast for wealthy travelers and American presidents

Luxury Property Services Gives a New Meaning to the Word Service to Luxury Homeowners - msnbc.com
Imagine moving into your gorgeous new home: It's spacious, nestled into an exclusive gated community and has every amenity you've dreamed of. But as you begin to unpack, you notice a cracked tile in the bathroom. And you

Toll Brothers And Partners Buying Distressed Property Portfolio - Portfolio.com
A joint venture involving luxury builder Toll Brothers bought a $1.7 billion portfolio of distressed loans and properties from the Federal Deposit Insurance Corp. The assets, 200 mostly nonperforming loans

Manhattan Luxury Condos Embrace FHA in ‘Game Changer’ - BusinessWeek
(Updates with comment from New York University professor in 30th paragraph, 1 Rector Park approval in 43rd.) Aug. 13 (Bloomberg) -- Whitney Gollinger, marketing chief for a Manhattan condo building with an

Luxury home: Limitless grace in Bethesda - Washington Times
Congressional Country Club , established in 1924 as a private location for politicians and golfers to meet, provides a focal point and lush greenery for its surrounding neighborhood in Bethesda. A private

Henderson Land Profit Falls More Than Estimates After Failed Luxury Sales - Bloomberg
Henderson Land Development Co. , controlled by billionaire Lee Shau-kee , said first-half underlying profit fell 37 percent after a HK$734 million ($94 million) charge from the failed sales of 20 luxury

Luxury Homes Lead Unsold Property in Chaoyang District, Beijing Times Says - Bloomberg
Villas and luxury apartments dominated unsold homes in Beijing’s Chaoyang, the city’s largest district, the Beijing Times reported, citing data from the local government. Villas and luxury apartments

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