Posts filed under: Investment

    High above Hong Kong, on the city’s iconic Victoria Peak, sits an elite enclave of new mansions, each outfitted with a swimming pool, grand ballroom-size living rooms and spectacular ocean views. Three homes in the Twelve Peaks development...
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    The U.S. has displaced Europe as the favorite place for Asian investment in foreign commercial real estate. Cross-border property investment by Asians surged to $8.6 billion in the first quarter, the most active start to a year since...
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    The ranks of the super-rich are swelling, but nowhere faster than in Asia. Ultra-high-net-worth individuals, classified as having a net worth of more than $30-million (U.S.) each, are snapping up properties all over the world. Dubai, Hong Kong,...
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    Global lenders are quietly bankrolling the New York City luxury real estate bonanza, keeping domestic banks out of the New York out of the action, real estate publicationThe Real Deal revealed in an investigative report. According to the...
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    In today’s housing economy, values for U.S. condominiums are rising faster than values for single-family homes. According to the Case-Shiller Index, a national tracker of home values, March 2015 price growth showing a faster rise in values among condos than single-family homes...
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    The City of Miami continues to emerge as a top global destination for the über-wealthy. According to Knight Frank’s annual Wealth Report (2015), Miami is ranked 6th globally, 2nd in the U.S. and will remain among the world’s top...
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    The Chera family’s Crown Acquisitions and partner Oxford Properties Group now own the entire office and retail base of Olympic Tower at 641 Fifth Ave., which they purchased in two transactions from entities controlled by the Onassis Foundation...
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    Real-estate and construction companies dragged Dubai’s stocks to the lowest level in five weeks as equity gauges across the six-nation Gulf Cooperation Council retreated. Dubai’s DFM General Index slid 1.7 percent to close at 4,049.98, pulled lower by...
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  Some investors are betting the next big market in hospitality will be the scruffy, cost-conscious backpacking crowd. AllianceBernstein LP, Invesco Ltd. and billionaire Ronald Burkle’s Yucaipa Cos. all are pouring money into upscale youth hostels, a new kind of...
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From the Wall Street Journal: Developers are digging deep into their own pockets to pull off mega projects in South Florida. In the latest example, two prominent families, the LeFraks of New York and the Soffers of South Florida, are...
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