May 13, 2024
Property

Luxury housing market: Horror stories about super-rich tenants in Manhattan

There’s a segment of the super-rich in Manhattan who can easily afford to buy luxury property but for a number of reasons choose to rent instead. In a deep dive into this elite crowd, the Financial Times talked to several real estate brokers who revealed that rent can range from $25,000 to $75,000 per month,

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Investment

A&K is making a big investment in new products and destinations: Travel Weekly

CHICAGO — Abercrombie & Kent is investing heavily in more wildlife experiences as well as enhanced technology for travel advisors, the company said at its A&K 100 Club event for top sellers.  The luxury travel group unveiled a $2.5 billion investment over the next five years that will introduce a slew of new destinations and

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Property

Grace Bay is expanding the property amid high demand: Travel Weekly

Grace Bay Resorts may have just opened Rock House roughly two years ago, but the property is already in expansion mode. Franck Chantoiseau The resort’s second phase, known as The Reserve Villas at Rock House, is close to completion, comprising 10 two- to five-bedroom accommodations. The additions will bring the property’s total room count to

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Property

A new More Family Collection property opens in South Africa wildlife park: Travel Weekly

The More Family Collection has added to its exclusive-use properties with the addition of the Marataba Residence. Situated within South Africa’s malaria-free Marakele National Park, this new lodge offers families a private safari experience within the Waterberg Mountains. Set in a remote corner of the 88-square-mile reserve in northeastern South Africa, the Marataba Residence guarantees

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Property

A grand home in a sought-after CT town

A move-in ready colonial with an open floor plan, high-end finishes, a livable lower level and a backyard oasis is a one-of-a-kind property for sale in Connecticut. Built in 2002, this 15-room home in Farmington with nearly 9,200 square feet of space is spread out over three floors of living. Located on a corner lot

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Property

From a sprawling six-bedroom estate to a luxury apartment with flawless harbour views

By Monique Friedlander For Daily Mail Australia 02:01 12 Feb 2024, updated 02:26 12 Feb 2024 Lisa Wilkinson may have been absent from television screens for a year. But the former Project host is hardly doing it tough, as she boasts a property portfolio worthy worth more than most people earn in a lifetime.  The TV

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Property

Is capital appreciation the key motivation for realty investors to buy property?

A member of the Parle Products’ promoter family, Ambika Chauhan Aibara, recently bought two sea-facing luxury apartments in South Mumbai for over ₹47 crore. The two flats are located in a luxury real estate project K Raheja Modern Vivarea in Worli. Capital appreciation has overtaken lifestyle upgrade as the primary motivation for real estate investment,

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Loans

Millionaire investor, 45, who was sued by First Western Bank for failing to repay $56 MILLION in loans argues he shouldn’t have to pay because bank KNEW he was using the funds for his divorce, a yacht and a luxury property

Daniel Burrell countersued Denver’s First Western Bank over $56million in loans He claimed that the bankers knew he was using his loans for personal expenses First Western Bank sued Burrell for defaulting on four loans totaling $56 million Burrell put renovated Aspen mansion and 4,200-acre ranch for sale for $86.5M A wealthy Colorado businessman who is

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Investors

Investors buy Brazil mall stocks but shun struggling retailers

By Bloomberg Published Jan 1, 2024 Brazilian malls are back in consumers’ good graces, rebounding from years of losses while the country’s retailers struggle to survive high debt loads and fierce online competition. Bloomberg Shares of Allos SA are up close to 60% this year, on track for their biggest annual jump since 2019. Peers

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