Excelsior City Council moves hotel plan forward

Excelsior City Council moves hotel plan forward

A $12 million proposed hotel passed its first step when it went before the Excelsior City Council Monday night.

Memphis City Council committee OKs $3 million in public funds for Chisca ... - Upstart

Memphis City Council committee OKs $3 million in public funds for Chisca ...UpstartThe economic development, tourism and technology committee forwarded a resolution appropriating $2 million of the city's 2013 capital improvements budget toward funding blight remediation at the former hotel and Church of God in Christ headquarters.and more »

Memphis City Council Committee Approves $2 Million for Historic Hotel Blight Remediation

At a meeting on Tuesday morning, the Memphis City Council's economic development, tourism, and technology committee approved the allocation of $2 million in city funds to remediate blight at the historic Chisca Hotel. The money will be managed by the Downtown Memphis Commission (DMC), and it is only to be used for clearing up blight.… [ Read more ] [ Subscribe to the comments on this story ]

Hard Rock Aims to Raise $250 Million for Lodging Business - Businessweek

Hard Rock Aims to Raise $250 Million for Lodging BusinessBusinessweekHard Rock International Inc., the operator of hotels, casinos, and themed bars, is in talks with investors to raise $250 million to expand its lodging business.and more »

Inland Diversified Real Estate Trust, Inc. Announces the Promotion of Steven T. Hippel to Chief Financial Officer - StreetInsider.com

"Steve has been working with us for almost three years and has become a valuable member of our executive management team," said Barry Lazarus, president and chief operating officer of Inland Diversified. "This promotion reflects his contributions to ...

Alexander's Announces Vornado Realty Trust Quarterly Conference Call - Marketwatch

Alexander's, Inc. is a real estate investment trust, which has seven properties in the greater New York City metropolitan area. Certain statements contained herein may constitute "forward-looking statements" within the meaning of the Private ...

Host Hotels buys Grand Hyatt Washington for $400M - Washington Post (blog)

USA TODAYHost Hotels buys Grand Hyatt Washington for $400MWashington Post (blog)Host Hotels & Resorts is tucking the 888-room property into its portfolio for $400 million.Host Hotels Misses Marginally - Analyst BlogNASDAQHost Hotels Misses MarginallyZacks.comHost Hotels & Resorts got Grand Hyatt for lessBizjournals.comVirginia Business Magazine -MarketWatch (press release) -CBS Newsall 32 news articles »

Salvatore's Grand Hotel plans expansion

Russell Salvatore, owner of a steakhouse and hotel on Transit Road in Lancaster that bear his name, is planning a $2 million-plus expansion that would add a fifth floor and 19 rooms to his Salvatore's Grand Hotel.

Hard Rock Aims to Raise $250 Million to Expand Hotel Business

Hard Rock International Inc., the operator of hotels, casinos, and themed bars, is in talks with investors to raise $250 million to expand its lodging business.

'Elaf Kinda' hotel reopens after SAR 58 million of renovations - MENAFN.COM

MENAFN.COM'Elaf Kinda' hotel reopens after SAR 58 million of renovationsMENAFN.COM(MENAFN Press) The Elaf Group of Companies has announced the re-opening of its 'Elaf Kinda Hotel,' a 240 rooms and suites property, after the completion of a SAR 58 million renovation project. The re-opening is part of the company's efforts to address ...and more »

A $12 million proposed hotel passed its first step when it ... - KARE

A $12 million proposed hotel passed its first step when it ...KAREEXCELSIOR, Minn. - A $12 million proposed hotel passed its first step when it went before the Excelsior City Council Monday night. The plan, which still has a few hurdles to go, would place a hotel where there is now an empty lot on the lakefront. "It ...and more »

Excelsior City Council to weigh in on proposed hotel

 A 12-million dollar proposed hotel went before Excelsior City Council Monday night.

Durham considers $5.7 million for downtown hotel - News & Observer

Durham NewsDurham considers $5.7 million for downtown hotelNews & ObserverDurham officials are asking the City Council to approve a $5.7 million incentive grant for a Kentucky company to remodel the historic Hill Building into a hotel and art museum.Council to consider incentives for SunTrust developmentDurham Herald Sunall 4 news articles »

Durham considers $5.7 million for downtown hotel

Durham officials are asking the City Council to approve a $5.7 million incentive grant for a Kentucky company to remodel the historic Hill Building into a hotel and art museum.

Investors Real Estate Trust Series A Cum Reports Operating Results (10-K) - GuruFocus

Investors Real Estate Trust Series A Cum (IRETP) filed Annual Report for the period ended 2012-04-30. This is the annual revenues and earnings per share of IRETP over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year ...

DiamondRock Closes On The $495 Million Hotel Portfolio From Blackstone - Sacramento Bee

RealtyBizNewsDiamondRock Closes On The $495 Million Hotel Portfolio From BlackstoneSacramento BeePRNewswire/ -- DiamondRock Hospitality Company (the %22Company%22) (NYSE: DRH) today announced that it completed the acquisition of a portfolio of four hotels from affiliates of Blackstone Real Estate Partners VI (%22Blackstone%22) for a ...DiamondRock Closes On The $495 Million Hotel Portfolio FromHospitality-Industry.com (press release)DiamondRock Closes Buy of Four Hotels from Blackstone for $495 MlnPrivate Equity Hub (press release)DiamondRock Hospitality (DRH) Completes Acquisition of Hotel Portfolio for ...StreetInsider.com (subscription)all 23 news articles »

DiamondRock Closes On The $495 Million Hotel Portfolio From Blackstone

BETHESDA, Md., July 16, 2012 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it completed the acquisition of a portfolio of four hotels from affiliates ...

BTB Real Estate Investment Trust Announces Its Distribution for the Month of July 2012 - Yahoo Finance

MONTREAL , July 16, 2012 /CNW Telbec/ - BTB Real Estate Investment Trust (BTB-UN.TO) announced today that the monthly cash distribution for the month of July 2012 is $0.0333 per unit, representing $0.40 per unit on an annualized basis.

Partners Real Estate Investment Trust (TSX:PAR.UN) Announces Distribution of $0.05333 Per Unit - NBCNews.com

VICTORIA, BRITISH COLUMBIA — Partners Real Estate Investment Trust ("Partners REIT") (TSX:PAR.UN) is pleased to announce a $0.05333 per unit distribution for July 2012. The distribution will be paid on August 15, 2012 to unitholders of record ...

Pebblebrook Hotel Trust Completes $300 Million Credit Facility - MarketWatch (press release)

GlobeSt.comPebblebrook Hotel Trust Completes $300 Million Credit FacilityMarketWatch (press release)The amended credit facility was increased to $300 million and is composed of a $200 million unsecured revolving credit facility and a $100 million unsecured term loan. The pricing on the amended credit facility has been significantly reduced and the ...With $300M in Place, Pebblebrook Eyes AcquisitionsGlobeSt.comall 7 news articles »