New York's Plaza Hotel sold to Sahara for $570 mln - Reuters

New York's Plaza Hotel sold to Sahara for $570 mln - Reuters

TEL AVIV, July 30 (Reuters) - India's Sahara Group has agreed to sell a controlling stake in New York's landmark Plaza Hotel for $570 million, Elad Properties, an Israeli-owned real estate owned company, said on Monday. The 105-year-old luxury ...

WNY hotels enjoyed rise in business in June - The Business Journal

In the days following his tightrope walk above Niagara Falls, a Niagara University study pegged the local economic impact of Nik Wallenda's stunt at $3.3 million. Now, hotel occupancy numbers -- just released by Smith Travel Research of ...

Hotel wraps renovation, converts to Sheraton Tampa East - The Business Journal

Hotel management company Interstate Hotels & Resorts has completed a $9 million renovation of the former Crowne Plaza Hotel and converted the property to the Sheraton Tampa East Hotel. Interstate acquired the hotel, located at 10221 Princess Palm Ave.,

Interstate Hotels & Resorts and Waramaug Hospitality LLC Complete Major Renovation and Conversion of Tampa Hotel - Marketwatch

ARLINGTON, Va. & TAMPA, Fla., Jul 30, 2012 (BUSINESS WIRE) -- Interstate Hotels & Resorts, the largest U.S.-based global hotel management company, today announced the completion of a $9 million comprehensive renovation of the former Crowne Plaza ...

Investors Real Estate Trust Announces Public Offering of Series B Cumulative Preferred Shares of Beneficial Interest

MINOT, ND -- Investors Real Estate Trust , a real estate investment trust with a diversified portfolio of multi-family residential and commercial office, medical, industrial and retail properties located ...

MPG Office Trust Stockholders Elect Directors at Annual Meeting

MPG Office Trust, Inc. , a Southern California-focused real estate investment trust, today announced that, at its Annual Meeting of Stockholders held July 27, 2012, the Company's common stockholders voted to elect its six director-nominees, Christine N.

UDR Announces Second Quarter 2012 Results

UDR, Inc. , a leading multifamily real estate investment trust, today announced its second quarter 2012 results.

Romney brings in $1 million at Israel fundraiser - YAHOO!

At least 40 donors paid between $25,000 and $50,000 apiece to attend a breakfast with Romney at a hotel—including Las Vegas casino magnet Sheldon Adelson, who has contributed more than $20 million to Republicans and conservative super PACS so ...

Excel Trust Expands Credit Facility to $250 Million

Retail-focused real estate investment firm Excel Trust Inc. has announced an amendment to an existing unsecured credit facility, raising the dollar amount and lowering the interest rate as it looks to expand its portfolio.

The Luxury Collection Hotels & Resorts Unveils the Restored Hotel Maria Cristina for Its 100 th Anniversary - Business Wire

Following a $25 Million Renovation, Hotel Maria Cristina Joins Iconic Luxury Collection Hotels in Europe to be Restored & Reopened within the Next 12 Months SAN SEBASTIAN, Spain--(BUSINESS WIRE)--The Luxury Collection Hotels & Resorts, part of Starwood ...

Company owes more than $200K in back taxes

MARTINSBURG - The Berkeley County Council will be issuing a letter to the Panhandle Real Estate Trust, LLC informing the company of taxes owed on a property since 2007. Panhandle Real Estate Trust owes $221,650.

$150m HYATT BATTLE - Trinidad Express

Hyatt claims this breach has left it in doubt as to who is the rightful owner of some US$20 million in profits. The company said it has been forced to place the funds in a separate account, pending resolution of this uncertainty. The hotel is claiming its ...

Shuttered Valpo hotel has big improvements in mind - Chicago Sun-Times

Patel has owned the now-closed hotel since late November and wants to put $1.6 million into it to improve it. "We saw the opportunity with the hotel," said Patel, who also has interests in other hotels in Northwest Indiana. "We're going to try and ...

New owners plan renovation of Myrtle Beach hotel - myrtlebeachonline.com

One of the Hampton Inn hotels along the Grand Strand has new owners who plan to spend nearly $2 million renovating the property. The Hampton Inn off Kings Highway at 75th Avenue North will get a nearly complete interior makeover, including new ...

Kingdom Trust to Host Webinar on Real Estate Investing

Pay Dirt: Real estate investment experts provide insights on buying property with a self-directed IRA.Murray, KY (PRWEB) July 29, 2012 Real estate investment experts Matt Jennings and Tim Kuhman will share their insights into the vast and varied world of investing in real estate with an individual retirement account in an upcoming webinar, according to The Kingdom Trust Company.Jennings is the ...

REDLANDS: City pays state $3 million under protest - Press-Enterprise

Press-EnterpriseREDLANDS: City pays state $3 million under protestPress-EnterpriseRedlands had to loan more than $3 million from its general fund to its redevelopment successor agency on Thursday, July 26, to cover an unexpected demand for more money from the state. The money to cover the $3.1 million loan came from the city's water ...

Taylor grows portfolio as airport hotel cleared for take-off - scotsman.com

HOTELIER Maurice Taylor is adding to his portfolio after ­securing planning permission to build a £15 million hotel at Edinburgh Airport. The founder and chief executive of Glasgow-based Chardon Management, which manages 35 hotels and seven health and ...

Hospital redevelopment approval - Stamford Advocate

Hospital redevelopment approvalStamford AdvocateSTAMFORD -- Stamford Hospital has won final approval for the second and major phase of a $450 million redevelopment and expansion on the West Side. The city's Zoning Board voted unanimously last Thursday to approve general development and final ...

Your Home: Real Estate Attorney

Our Ryan Peterson explains the importance of having a real estate attorney, particularly one that you can trust.

South Gate Pays $2.6 Million Redevelopment Debt Under Protest - Patch.com

South Gate Pays $2.6 Million Redevelopment Debt Under ProtestPatch.comThe sudden million dollar payment was considered part of the residual payments that city's that inherited the role of their defunct redevelopment agency, such as South Gate, were asked to give. "The state came in and changed the rules of the game one ...