Luxury Portfolio
LuxeSelect: Curated Homes Starting at $3 Million (October)
By: Felicia G. Garcia LuxeSelect is a monthly feature showcasing homes from Luxury Portfolio International® members around the world starting at $3 million USD. Subscribe to our blog to get LuxeSelect delivered straight to your inbox each month.
Bespoke murals give new meaning to personal space
By LISA KLEIN Painting a wall-size mural inside a home is a big commitment, but the adventurous artwork choice is rising in popularity with those looking for something personal that makes a dramatic impact. A custom piece of large-scale permanent art not only adds a wow factor, but provides a little slice of another place right at home. “Depending on the subject matter, murals have the ability to transport,” said Timothy Corrigan, principal of the eponymous Los Angeles-based interior design firm.
Falling into off-season travel
By LISA KLEIN Summer and winter are peak times for travel, from beach-bound family vacations to ski holidays at mountain chalets, but fall, too, can be prime for extraordinary experiences. Travelers can not only take advantage of fewer crowds but enjoy things that only happen during the season. “For those who can get away in the fall, it is one of the best times to travel, with fewer people traveling and more availability for hotels, experiences and restaurants,” said Joan Roca, CEO and founder of Essentialist, a membership-based travel service that utilizes expertise from travel writers around the world.
James Beard Foundation honors restaurant industry leaders
By LISA KLEIN In lieu of its prestigious culinary industry awards this year, the James Beard Foundation held a ceremony to recognize the impact that leaders in the independent restaurant world have had throughout the pandemic. The James Beard Awards: Stories of Resilience and Leadership, hosted by 2019 James Beard Rising Star Chef Award winner and former Top Chef contestant Kwame Onwuachi, focused on honoring those that lifted their communities up from an industry hard hit by the COVID-19 crisis. “Even when people were hurting most they still wanted to serve others,” said Claire Reichenbach, the foundation’s CEO, of the honorees.
Luxury Hour: Finances of the luxury home buyer (webcast)
The booming affluent economy continues to impress and amaze. More than 47,000 ultra-high-net-worth individuals were added in just one year, with total personal global wealth of all human beings on Earth estimated at $416 trillion in 2020. This wealth surge fuels confidence: the Luxury Home Buyers’ Confidence index is 77 compared to 68 among all other affluent consumers worldwide.
50K
Properties marketed annually
550
Brokerages in the network
$55.8B
Current website inventory
$2.5M
Average property value