50 ultra-luxury residences to be developed in America’s most exclusive zip code. Development leader Related Group – along with partners Teddy Sagi, BH Group and Wanxiang America RE Group – closed on the purchase of Six Fisher Island Drive, the last available development site on Miami Beach’s historic Fisher Island. The deal paves the way … Read more
Marriott International announced it has signed an agreement with Bain Capital Credit and Omnam Group to bring its EDITION Hotels brand to Lake Como. Owned and developed by Bain Capital and Omnam Group through a fund managed by Kryalos SGR, The Lake Como EDITION is slated to open in 2025 with 145 luxurious guest rooms, … Read more
South of Fifth, also known as SoFi, is home to some of the most sophisticated condominiums in all of Florida. The new condominium luxury residences cater for a new generation of High-Net-Worth Individuals, whose epicurean lifestyle has redefined the rules of high-rise developments. Being one of the most scenic and visited places in the world, … Read more
The strong luxury real estate market of the past two years will continue for the remainder of 2022 and into 2023 despite high inflation, rising interest rates and stock indexes that have posted double-digit losses on the year. That is one of the main conclusions of the new 2022 Mid-Year Luxury Trends Report recently released … Read more
On average, renters saw a $160/month increase in rent when renewing leases this year and a $300/month increase when signing a new lease, according to Realtor.com’s Avail Quarterly Landlord and Renter Survey. Driven by migration away from expensive city centers during the pandemic, the rental price advantage of living in the suburbs (vs. urban areas) … Read more
Boom Supersonic is transforming air travel with Overture, the world’s fastest airliner, optimized for speed, safety, and sustainability. American places deposit on 20 Overture aircraft. American Airlines Announces Agreement to Purchase Boom Supersonic Overture Aircraft, Places Deposit on 20 Overtures. Boom Supersonic‘s Overture supersonic jet is being designed to carry 65 to 80 passengers at … Read more