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Hertz Offering Tesla Model S Luxury Electric Cars

2013-10-04 00:07:29| AutomotiveDigest.com - Automotive Industry News

Hertz is now offering Tesla Model S rentals in select US markets as part of its Dream Cars program. For starters, its now at the San Francisco and Los Angeles airports. Renters can get behind the wheel of the Model S Performance that comes with an 85 kilowatt-hour lithium-ion battery pack and a 416 horsepower [...]The Article Hertz Offering Tesla Model S Luxury Electric Cars appeared first on Automotive Digest.

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PRESS RELEASE: Colliers International Completes Scottsdale Luxury Apartment Complex Sale for $57.75 Million

2013-10-01 21:05:00| National Real Estate Investor

Rachael Myer The Colliers International in Greater Phoenix Southwest Multifamily Advisors team recently completed the sale of The Paragon at Kierland, a 276-unit, Class A luxury apartment complex located on the Westin Kierland Golf Course, for $57.75 million or $209,239 a unit/$200 a square foot. read more

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PRESS RELEASE: HFF Secures $121.6 Million Financing For Luxury Apartment Development In Bethesda, Maryland

2013-10-01 19:29:00| National Real Estate Investor

Kristen Murphy HFF announced today that it has secured $121.6 million in financing for the development of 8300 Wisconsin in Bethesda, Maryland, which will include 359 luxury apartment residences and a 50,000-square-foot Harris Teeter grocery store. read more

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Market Reports: 2013 Officially Unseats 2007 As Luxury Real Estate Boom Year

2013-10-01 17:31:32| Real Estate - Topix.net

The Wall Street Journal cites new, stratospheric-sounding stats. Out of all the real estate deals that have gone into contract this year-and remember, we're only nine months in- $8 billion of them were made up of $4 million-plus sales.

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Wealthy Shoppers Driving Luxury Car Brick & Mortar Success

2013-09-30 17:30:14| AutomotiveDigest.com - Automotive Industry News

While many have already started preparing a eulogy for brick-and-mortar retail, they shouldnt be so fast to declare it obsolete. Purchasing decisions of the wealthy rarely have anything to do with cost. If someone has a substantially high income, then what is a couple dollar difference going to make? Probably not much of one at all. Brick-and-mortar still offers an experience that cannot be replicated online, and the affluent are one of the biggest factors in this phenomenon. There is a certain panache that comes with actually shopping at a luxury retail location. Luxury car purchases help drive the brick-and-mortar success. This doesnt mean that digital is absent in the affluent purchasing process. Todays affluent consumers have a wide array of devices to access the Internet. As a matter of fact, 78% of wealthy shoppers research a product online prior to purchasing it in the store. However, as purchases become more expensive, the desire to actually see and touch a product becomes more important. Fewer efforts resonate better with consumers than the power of human touch something that is hard to come by when making a purchase online. It is more about the experience. Read the entire article by Frank Riolo, manager of corporate communications at Conversation, LLC.The Article Wealthy Shoppers Driving Luxury Car Brick & Mortar Success appeared first on Automotive Digest.

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