Friday, August 10, 2012

TEXT-Fitch updates commercial real estate criteria for covered bonds - Reuters

TEXT-Fitch updates commercial real estate criteria for covered bonds - Reuters

TEXT-Fitch updates commercial real estate criteria for covered bonds - Reuters

CNBC.comTEXT-Fitch updates commercial real estate criteria for covered bondsReutersAug 10 - Link to Fitch Ratings' Report: Criteria for the Analysis of Commercial Real Estate Loans Securing Covered BondsAug 10 - Fitch Ratings has updated its criteria for analysing asset related risks of commercial real estate loans that are used as ...Euro CMBS worries remain despite July repayments - FitchProperty Investor Europe (subscription)all 205 news articles »

Cantor Fitzgerald in the Bidding for LNR Property - Wall Street Journal (blog)

Wall Street Journal (blog)Cantor Fitzgerald in the Bidding for LNR PropertyWall Street Journal (blog)LNR is a prize for any of those vying to expand their business into the distressed real-estate world, as the firm is the country's largest special servicer in the commercial mortgage sector, which means that it oversees workouts of loans when they run ...and more »

Melbourne's CBD offerings hold up well - Sydney Morning Herald

Sydney Morning HeraldMelbourne's CBD offerings hold up wellSydney Morning Herald<p></p>. COMMERCIAL property in the Melbourne CBD is still enticing buyers, whether in the $1 million-to-$20 million range, or the strata office sector. Low interest rates and the potential for rental and capital growth are key drivers. Daniel Wolman ...and more »

InnVest REIT Reports Second Quarter Results

TORONTO, ONTARIO-- - InnVest Real Estate Investment Trust today announced financial results for the three and six months ended June 30, 2012. All dollars are in thousands of Canadian dollars unless otherwise specified."We continue to see improvement in the Canadian lodging industry's fundamentals. ...

A reprieve for UK commercial property as London's West End sees gold - Property Magazine International

A reprieve for UK commercial property as London's West End sees goldProperty Magazine InternationalUK commercial property performance improved on last month, with values falling just 0.3% following the 0.5% fall in June. Overall total returns were 0.2% for All Property, with Central London experiencing the strongest total returns in July of 0.7 ...

Swire Properties Underlying Profit Rises on Rental Income - Businessweek

Swire Properties Underlying Profit Rises on Rental IncomeBusinessweekSwire Properties Ltd. (1972), the Hong Kong commercial landlord whose tenants include Time Warner Inc., said first-half underlying profit rose 3.8 percent on rental income growth from its office and shopping malls in the city and mainland China.

Orban Banning Hungarian Malls Deepens Property Pain: Mortgages - Businessweek

Orban Banning Hungarian Malls Deepens Property Pain: MortgagesBusinessweekCommercial property is reeling after the country's residential real-estate industry ground to a halt. Foreign- currency mortgages, which fueled a boom before they were banned in 2010, saddled homeowners with ballooning repayments as the forint sank to ...Orbán banning Hungarian malls deepens property pain: mortgagesRealdeal.huall 3 news articles »

Summit Hotel Properties Reports Second Quarter Results

Summit Hotel Properties, Inc. today announced results for the second quarter ended June 30, 2012. The Company's results include the following:

Burke government deal benefits Burswood

The 1980s agreement between the Burke government and Dallas Dempster to build the Burswood casino means the usual public planning and development processes will not apply to Crown Limited's $568 million hotel expansion.

NOW OPEN: SilverBirch Hotels & Resorts' New TownePlace Suites(R) by Marriott Mississauga - Airport Corporate Centre

MISSISSAUGA, ON-- -All-suite hotel underwent $17 million dollar transformation Features fully equipped kitchens, adjustable work spaces, 42" flat screen TV and luxurious bedding Pool and Fitness Centre ...

Sheraton Opens Second Hotel in Greater Hartford

Starwood Hotels & Resorts Worldwide, Inc. today announced the opening of the Sheraton Hartford South Hotel. Owned by Merced Partners and managed by Wischermann Partners, the former Marriott hotel is undergoing a $6 million renovation and conversion project to meet Sheraton brand standards.

Rohnert Park Casino Opponents Seek To Block Construction

The Federated Indians of Graton Rancheria continue to work with Station Casinos LLC to build a $443 million hotel-casino development in Northern California, even as opponents are trying a new approach to kill the project. The new complaint challenges the

DC Council chief wants hearing on reduced commercial property tax assessments - Washington Post

DC Council chief wants hearing on reduced commercial property tax assessmentsWashington PostMendelson (D) said "legitimate questions" were raised by a Washington Post report that the Office of Tax and Revenue had reduced the 2012 assessments of more than 500 commercial properties through settlements between city officials and property owners ...and more »

US investors target European commercial property -report - Reuters

NuWire InvestorUS investors target European commercial property -reportReutersNEW YORK Aug 8 (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 ...How to Play a Real Estate RecoveryBloombergall 35 news articles »

US investors target European commercial property: report - Reuters

US investors target European commercial property: reportReutersNEW 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 ...

Positive Hotel Market Fundamentals Spur Record Profits for Owners

SAO PAULO, Aug. 8, 2012 /PRNewswire/ -- Brazil's lodging fundamentals remain positive as the country experienced a double-digit rise in average daily rates (ADR) and record revenue per available room (RevPAR) ...

Surge in DC tax office settlements reduces commercial property owners' bills - Washington Post

Surge in DC tax office settlements reduces commercial property owners' billsWashington PostDistrict officials have knocked $2.6 billion off the taxable value of commercial properties owned by some of the city's most influential developers through a series of settlements negotiated this year by the Office of Tax and Revenue, The Washington ...FBI investigates DC commercial property tax settlementsWTOPall 4 news articles »

Durham city council OKs $5.7 million hotel incentive

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 on Monday. "This is a terrific project. It is the heart of downtown and it's a wonderful spot for this. It can be transformative," said Councilman Steve Schewel.

Taxing district approves money for developer of downtown Fort Worth hotel

The four-story Hampton Inn & Suites will be built near the Fort Worth Convention Center.

LaSalle Hotel Properties Closes on $300.0 Million Term Loan

LaSalle Hotel Properties today announced that it has closed on its new $300.0 million term loan. The five-year term loan matures on August 2, 2017, including a one-year extension subject to certain conditions.

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