You are receiving this message because you have visited our site and requested to be contacted. If you no longer wish to be contacted, please use the removal link:Â REMOVE. | | | | Reach Your Ideal Audience Today | | Position your brand at the forefront of elite finance and technology communities by partnering with Wealth Daily Newsletter.
Since its launch in July 2022, Wealth Daily has become a trusted resource for High Net Worth Individuals (HNWIs), Family Offices, Venture Capitalists (VCs), and Asset Managers navigating the complex landscapes of business, finance, technology, and AI.
With a highly engaged subscriber base spanning the U.S. and Canada, concentrated in financial and tech hubs like New York, Silicon Valley, and Toronto, advertisers gain direct access to affluent decision-makers who prioritize innovation, investment opportunities, and industry insights. Leverage this exclusive platform to connect with a discerning audience that values impactful messaging, exclusive events, and cutting-edge trends. | | | | | Rex Tillerson Secures $5.5 Million D.C. Mansion Amid Diplomatic Hub | | | | A Luxurious New Address in Kalorama A top diplomat’s acquisition in Washington, D.C., has made waves in luxury real estate. Rex Tillerson, former CEO of ExxonMobil, has purchased a stunning $5.5 million property in Kalorama, a neighborhood synonymous with power and prestige. This four-bedroom, four-and-a-half-bathroom semi-detached residence is nestled in an enclave of embassies, including those of Korea, Japan, and Mexico, providing an unparalleled blend of exclusivity and international flair.
A Strategic Location Among Foreign Embassies The four-story home is positioned next to a cluster of foreign embassies, making it a prime spot for a high-profile diplomat like Tillerson. It’s a mere stone’s throw from embassies representing nations like Turkey and Slovenia, adding a sense of global diplomacy to the area.
A More Expensive D.C. Property Than Texas Homes Remarkably, this property surpasses the cost of Tillerson’s other Texas estates. The new home is valued at far more than the $3.25 million vacation home he owns in Horseshoe Bay, Texas. Even his 18-acre rural estate in Denton County, valued at $1.53 million, is a fraction of the Kalorama purchase price.
Exclusive Off-Market Deal The deal was struck off-market, and the home was sold by Richard and Pamela Hanlon, who had purchased it for $3.15 million in 2011. The transaction was handled by the Washington Fine Properties brokerage, with no immediate comment from the involved parties.
A High-End Neighborhood Filled with the Elite Kalorama has long been a neighborhood of choice for the elite, with other notable figures like former President Barack Obama and his family also calling it home. The Tillersons now join the ranks of high-profile figures in this prestigious area, cementing their place among Washington’s social and political elite. | | | | $29 Million Del Mar Dream Home Hits Market | | | | A Stunning Mediterranean-Style Masterpiece A newly constructed Mediterranean-style home in Del Mar, California, has hit the market for $29 million. Sitting on a cliff above the ocean, this luxurious estate offers sweeping views of the Torrey Pines State Natural Reserve and the coast toward La Jolla. The property spans 1.1 acres and includes a 5,800-square-foot main house, a guest house, a saltwater pool, and a covered outdoor kitchen. The residence is equipped with high-end amenities, including a home theater, wine room, and five fireplaces.
Impeccable Design and Unmatched Features Designed to be a lifelong residence, the estate features five fireplaces, one of which is located outdoors, creating an inviting space for al fresco gatherings. The home also boasts an elevator for ease of access and a fire pit, perfect for enjoying the coastal climate. Despite its grandeur, the property has never been inhabited, as the owner never had the chance to settle in after the home’s completion.
Prime Location in Del Mar Located in the exclusive Del Mar area, known for its luxury real estate and proximity to San Diego, this home offers an unparalleled lifestyle. Its location on a cliff provides both privacy and stunning panoramic views of the ocean and surrounding nature reserves.
A Shift in Plans Following Life Changes The decision to list the property came after personal shifts, including the passing of a longtime business partner. Although originally intended as a personal retreat, the Del Mar home is now available for those seeking a rare opportunity to own one of the region's most exquisite properties.
An Exclusive Offering This Del Mar estate is now among the most expensive properties on the market in the area, making it a standout for affluent buyers seeking a luxurious coastal lifestyle. The property is listed with Pacific Sotheby’s International Realty. | | | | | | | | | | Homeowners Lean Into Renovation as Housing Market Stalls | | | | Home Improvement on the Rise Home Depot has projected that more homeowners will begin taking on postponed renovation projects in 2025 as mortgage rates hold steady near 7%. The company anticipates a 2.8% increase in sales for the year, driven by a surge in home improvement spending. As homeowners opt to stay put rather than move, larger remodeling projects are becoming a priority.
Mortgage Rates Freeze the Housing Market With mortgage rates lingering near 7%, fewer people are willing to trade in their low-interest rates for higher ones. This phenomenon, known as the "lock-in" effect, has led to a slowdown in home buying and a freeze in the housing market. However, Home Depot executives expect that the high rates will push more homeowners to tackle the upgrades they've been delaying, especially as housing stock ages.
Rising Equity Spurs Renovation Projects As home prices and mortgage rates remain high, homeowners are increasingly turning to their home equity for financing renovations. This trend is expected to grow as the housing stock continues to age, compelling homeowners to improve their existing homes rather than relocate. Cash-out refinancing and home equity lines of credit are seeing a slight uptick as more people invest in their properties.
Strength in Remodeling Market The National Association of Home Builders also forecasts a strong year for remodeling in 2025, with remodeling sentiment remaining positive. Homeowners are expected to continue tapping into their home equity to fund improvements, driven by the lack of affordable housing and the desire to stay in their current homes.
Impact of Extreme Weather and Online Sales Home Depot also saw increased store traffic in areas affected by extreme weather, as people rushed to repair damages. In addition, the company saw a rise in online sales, up 9% in the fourth quarter, with delivery services, including same-day and next-day delivery, seeing increased demand. | | | | $13 Million Superyacht-Inspired Villa in Mauritius | | | | A Dream Island Escape Located in the heart of the Anahita Golf and Spa Resort, this $13 million villa offers the ultimate island lifestyle. With 9,150 square feet of luxurious living space, it combines bespoke craftsmanship, local materials, and exceptional design to create a truly exclusive retreat. Inspired by the elegance and style of a superyacht, this villa features clean lines, expansive glass panes, and a harmonious color palette inspired by the surrounding turquoise waters.
Seamless Indoor-Outdoor Living Positioned on an elevated plot, the villa offers sweeping views of the fairway and lagoon. The seamless integration of indoor and outdoor spaces is achieved through large bay windows and vast glass panels, allowing natural light to flood the home while creating a direct connection with the serene surroundings. The villa’s design incorporates local organic materials, such as volcanic rocks and natural stone, blending modern luxury with island tradition.
Exclusive Amenities for Ultimate Comfort Every detail has been meticulously planned to ensure an unparalleled living experience. The chef’s kitchen is outfitted with Gaggenau appliances, complemented by an industrial back kitchen and an outdoor kitchen complete with a barbecue, pizza oven, smoking machine, and beer tap. The villa also boasts an impressive entertainment space, including a tiled hammam, a large gym, a wine cellar with a view into the pool, and a movie theater that transforms into a disco.
Perfect for Entertaining and Relaxing For those who enjoy outdoor living, the villa features a stunning swimming pool, expansive lawn, and a rooftop terrace with a bar and breathtaking views of the golf course. Fully automated and equipped with state-of-the-art technology, the property also includes an elevator, a double garage, and ample additional parking, ensuring maximum convenience and comfort. | | | | $48 Million Miami Beach Condo With Sweeping Views and Luxe Amenities | | | | A Slice of Miami Beach Luxury Set on the 17th floor of The Apogee, this $48 million condominium offers an unrivaled combination of space, views, and amenities. With 7,300 square feet of living space, the five-bedroom home features an expansive double-wraparound terrace spanning nearly 3,500 square feet, providing unobstructed panoramic views of South Beach, the Atlantic Ocean, and Downtown Miami. A true sanctuary, the condo combines contemporary design with elegant millwork, creating a perfect blend of comfort and sophistication.
Spacious, Light-Filled Interiors As you enter the residence, a private elevator delivers you to the foyer, where a wide hallway sets the stage for the open-plan living areas. Floor-to-ceiling windows fill the space with natural light, while towering ceilings add to the sense of grandeur. Two large public spaces provide ample room for relaxation and entertainment, including a family lounge, main kitchen, and a second seating area.
Elegant, Modern Design The condo’s design incorporates earthy hues and stylish wood detailing throughout, from the kitchen cabinetry to the custom finishes in other rooms. The primary bedroom features a marble-clad ensuite bathroom with dual sinks and showers, and the space extends onto a private balcony offering unobstructed views of Fisher Island.
World-Class Amenities In addition to its stunning interior, the residence includes top-of-the-line features such as a butler’s pantry, Lutron lighting controls, electronic window treatments, and a chef’s kitchen. The home also offers a wine cellar, laundry room, and extensive outdoor space for entertaining. The building’s amenities include a fitness center, spa, infinity-edge pool, and a pavilion for outdoor events.
Prime Miami Beach Location Beyond the private amenities, residents enjoy the convenience of being just steps away from some of the city’s top restaurants and nightlife, including renowned spots like Carbone and Prime 112. With two private, air-conditioned garages and access to exclusive on-site facilities, this condo is the epitome of luxury living in Miami Beach. |
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