Wednesday, August 25, 2010

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

Cosmopolitan of Las Vegas to be part of Marriott's luxury hotels - Las Vegas Review Journal
Operators of the Cosmopolitan of Las Vegas have struck a deal with Marriott International to market the soon-to-open Strip resort as part of the international hotel chain's Autograph Collection, a portfolio of luxury

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

Commercial Property Owners Choose to Default - Wall Street Journal
Like homeowners walking away from mortgaged houses that plummeted in value, some of the largest commercial-property owners are defaulting on debts and surrendering buildings worth less than their loans. Angela

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