Wednesday, August 18, 2010

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

Acacia Subsidiary Forms the Acacia Intellectual Property Fund L.P. and Receives - Bradenton Herald
Acacia Research Corporation (Nasdaq:ACTG) announced today that a wholly-owned subsidiary has become the General Partner of the newly formed Acacia Intellectual Property Fund, L.P. An institutional investment

Luxury Hotelier Nazarian Shops New York, Revamps in Miami Beach to Expand - Bloomberg
Sam Nazarian , the U.S. hospitality entrepreneur who played himself on HBO’s “Entourage,” plans to renovate the Ritz Plaza Hotel in Miami Beach as he shops New York for property and reworks debt on a Las

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

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's Rich Enlist New Breed of Broker to Aid in Search for Luxury Homes - Bloomberg
Beverley Kirby gave up trying to buy a house on her own in London’s Chelsea neighborhood after twice getting burned by owners reneging on agreements to sell to her. The night before Kirby was due to sign for

HOLA GRAND FARO LOS CABOS, Luxury All Inclusive Resort Debuts New Website and - PR Inside
SAN JOSÉ DEL CABO, B.C.S., August 2010 – HOLA GRAND FARO LOS CABOS Luxury All Inclusive Resort recently debuted its new website. The site was custom-designed for the popular Los Cabos family resort by Dallas, Texas

Luxury Home Investment Expert, Marco Kozlowski, Hits Amazon Best-Seller List With New - PRLog (free press release)
PRLog (Press Release) – Aug 17, 2010 – In collaboration with America’s PremierExperts® , Marco Kozlowski, luxury home investment expert, recently released the book, Power Principles for Success. The book features

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

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