Press Release: Tranquility Lake Tahoe

PRESS RELEASE:

JOYCE REY, EXECUTIVE DIRECTOR OF COLDWELL BANKER PREVIEWS INTERNATIONAL, ATTENDS ELITE LUXURY SUMMIT AT HILFIGER CO-FOUNDER’S $100 MILLION TAHOE ESTATE

LAKE TAHOE, Nev. (April 19, 2011) – Joyce Rey attended the Elite Luxury Broker Summit earlier this month hosted by Chase International at Tranquility, Lake Tahoe, the $100 million mega estate owned by Joel Horowitz, co- founder of Tommy Hilfiger. This gathering of ultra high end luxury brokers also toured Osprey property listing offered at $34,000,000 and StoneGate offered at $19,950,000 in trendy Incline Village.

The recent estate sale in Los Altos Hills, Calif. for $100 million has fueled the upper stratosphere of luxury real estate. Yuri Milner, CEO of Digital Sky Technologies and Facebook shareholder purchased the estate in February 2011. Joyce Rey and Shari Chase, president and CEO of Chase International, indicated that luxury is back for those sellers who are creative, value sensitive and ready to make a deal. “This record-setting sale is just one indication that the wealthy have opened their pocket books and are shopping for homes again,” Chase & Rey said.
The summit provided the participants a venue to network with the best in the luxury business at one of the world’s trophy properties. “It is a rare occasion that top leading brokers gather to collaborate and share opportunities to match their rarified estate listings with a handful of elite clientele,” said Chase & Rey. (Photo: Chase)