COMMERCIAL REAL ESTATE TRANSFERS, Aug. 9

COMMERCIAL REAL ESTATE TRANSFERS, Aug. 9

DOUGLAS

Home Inns' net income down 70.19pc in Q2 - Morning Whistle

Morning WhistleHome Inns' net income down 70.19pc in Q2Morning WhistleTotal revenuesin Q2 2012 increased 60.2% year over year to $228.2 million, including revenues from Motel 168 of $59.4 million. Total revenues from leased-and-operated hotels were US$204.7 million and those from franchised-and-managed hotels were ...Home Inns 2Q Net Down 70% on Lower Occupancy, Higher CostsWall Street Journal (India)Home Inns Group Reports Second Quarter 2012 Financial ResultsMarketWatch (press release)all 5 news articles »

$8 million complex proposed - inmycommunity

$8 million complex proposedinmycommunityROCKINGHAM could soon be home to an $8 million, seven-storey Quest Serviced Apartments complex after the hotel chain lodged a development application with the City this week. Mayor Barry Sammels announced yesterday that the company had lodged ...

Fitch Affirms RRE CDO 2007-1

Fitch Ratings has affirmed the remaining classes of Resource Real Estate Funding CDO 2007-1 Ltd./LLC , reflecting Fitch's base case loss expectation of 33.1%. Fitch's performance expectation incorporates prospective views regarding commercial real estate market values and cash flow declines.

Parmenter in Pursuit of Over $1B in New Acquisitions

Value-add commercial real estate investment firm Parmenter Realty Partners has announced the closing of its fourth investment fund, Parmenter Realty Partners Fund IV, L.P. With $25

Potsdam couple plans to move forward with hotel project - WatertownDailyTimes.com

Potsdam couple plans to move forward with hotel projectWatertownDailyTimes.comPOTSDAM — A Potsdam couple's plans to build a $7.4 million hotel are still under way despite an initial setback, although it is uncertain whether it will still be in Potsdam. Village Planning and Development Director Frederick J. Hanss announced at a ...

NOW OPEN: SilverBirch Hotels & Resorts' New TownePlace Suites(R) by ... - Equities.com

NOW OPEN: SilverBirch Hotels & Resorts' New TownePlace Suites(R) by ...Equities.comAfter an impressive $17 million transformation, TownePlace Suites® Mississauga - Airport Corporate Centre is pleased to announce their official opening to the public. A floor-to-ceiling renovation, modern Mississauga hotel suites, fully equipped ...and more »

Commercial real estate shows 'signs of improvement' in 2012

SEVERAL LARGE BUILDINGS, including Cranston-based Calart Tower, are for sale or lease, according to Capstone Properties' midyear survey.

Grady Management Breaks Ground On New Multifamily Apartments In Hyattsville, MD

BELTSVILLE, Md., Aug. 9, 2012 /PRNewswire/ -- Grady Management, Inc., a full-service, residential and commercial real estate consulting firm, will break ground on a new luxury apartment building in Hyattsville, ...

TEXT-S&P affirms InterContinental Hotels 'BBB' rtg; outlook stable - Reuters

TEXT-S&P affirms InterContinental Hotels 'BBB' rtg; outlook stableReutersU.K.-based hotelier InterContinental Hotels Group PLC (IHG) plans to pay a $1 billion extraordinary shareholder return (comprising a $500 million extraordinary dividend and a $500 million share buyback program). -- In our view, the extraordinary ...Priority Club® Rewards Introduces Priority Club Sweepstakes™ For Members In ...Equities.comall 11 news articles »

Real estate hits bottom

Commercial real estate brokers are seeing signs indicating rent prices can't go any lower. In fact, says Glennon Gingo, owner of Hawaii & Pacific Commercial Properties, the market probably hit bottom, price-wise, some time last year.

U.S. investors target European commercial property - report

NEW YORK (Reuters) - U.S. investors became major buyers of European commercial real estate in the first half of 2012, after years of being crowded out of that market, Real Capital Analytics reported on Wednesday. The UK, Germany and France were the number one, two and three targets for cross border investment, with the United States a major source of that money during the first half of the year ...

CapLease Announces Second Quarter 2012 Results

CapLease, Inc. , a real estate investment trust focused on owning and managing single-tenant commercial real estate properties, today announced its results for the second quarter ended June 30, 2012.

Durham, NC, to get artsy, luxury 21c Museum Hotel - USA TODAY

USA TODAYDurham, NC, to get artsy, luxury 21c Museum HotelUSA TODAYDurham's city council on Monday approved $5.7 million in incentives to convert the underused, 17-story Hill Building into a 120-room hotel and contemporary art museum, the paper reports. The first 21c location opened in 2006 to much acclaim in Louisville.Hotel incentive gets unanimous nodDurham NewsDurham City Council OK's tax-incentive plan to convert SunTrust building into ...The Independent Weeklyall 3 news articles »

Cushman & Wakefield | Commerce Reports Optimistic Upturn for Utah Commercial Real Estate Market in Q2

SALT LAKE CITY, UT-- - Commerce Real Estate Solutions, an independently owned and operated member of the Cushman & Wakefield Alliance , released its Marketbeat Snapshot reports detailing the second quarter ...

InterContinental to return $1 bln from hotel sales - Reuters

What InvestmentInterContinental to return $1 bln from hotel salesReutersChief Executive Richard Solomons said the return of capital reflected the planned sale of its New York Barclay hotel, which analysts expect to fetch around $300 million, as the group reported a 6 percent rise in half-year profits boosted by good ...Hotel firm makes room for payoutThe Press AssociationInterContinental to return $1 billion from hotel salesReuters UKInterContinental to leave £320 million dividend on shareholders' pillowsWhat Investmentall 132 news articles »

Durham city council OKs $5.7 million hotel incentive - News & Observer

News & ObserverDurham city council OKs $5.7 million hotel incentiveNews & Observertool goes here. By Jim Wise - jwise@newsobserver.com. By Jim Wise The News and Observer. DURHAM -- A $5.7 million incentive for turning the 17-story Hill Building into a luxury hotel and art museum won unanimous approval from the city council Monday.Downtown boutique hotels offer new viewsSoapbox Cincinnatiall 6 news articles »

Apollo Commercial Real Estate Finance, Inc. Announces Second Quarter 2012 Financial Results and Declares a $0.40 per ...

NEW YORK, NY-- - Apollo Commercial Real Estate Finance, Inc. today reported Operating Earnings of $8.5 million, or $0.41 per share, for the three months ended June 30, 2012, representing a per share increase ...

The Fairmont Copley Plaza Completes More Than $20 Million Restoration And Renovation - Hotel Interactive Network

As The Fairmont Copley Plaza celebrates its Centennial and begins its next century of service, the hotel has completed a more than $20 million restoration and renovation which included all of the hotel's guestrooms and suites, Fairmont Gold, the Lower ...

Indian Conglomerate Buys New York's Plaza Hotel - New York Times

It took nearly seven years to convert the units, and buyers – who spent as much as $50 million on their homes – complained about the quality of the renovations. But on Monday, the hotel owners Elad Properties, a real estate company owned by ...