Thursday, October 25, 2012

Figures show limits to Tisei's worth - Boston Globe

Figures show limits to Tisei's worth - Boston Globe

Figures show limits to Tisei's worth - Boston Globe

Figures show limits to Tisei's worthBoston GlobeOn Memorial Day weekend in 2006, then state Senator Richard R. Tisei and his business and life partner, Bernard F. Starr, celebrated more than five years of selling North Shore real estate by moving their firm into a new office building they ...and more »

Uptown, downtown building owners hope Dallas' deck park boosts rents, leasing - Dallas Morning News

Dallas Morning NewsUptown, downtown building owners hope Dallas' deck park boosts rents, leasingDallas Morning News"It merges and blends the Uptown and downtown districts — which were previously considered separate markets — together," said Steve Everbach, who heads the Dallas office of the commercial property firm Cushman & Wakefield. "It's a piece of the puzzle ...and more »

Losses continue to mount for CG Hotel Group

The economic backdrop creates considerable uncertainty over the ability of the CG Hotel Group to achieve profitability in the foreseeable future, according to accounts just published by the company. The accounts show that losses continued to mount at CG Hotel Group in 2010, rising to €2.8 million.

Commercial real estate on the rebound after politics and corruption lead to a ... - Montreal Gazette

Commercial real estate on the rebound after politics and corruption lead to a ...Montreal GazetteMontreal's largest multi-residential deal of 2012 — Oxford Property Group's $232 million, postelection acquisition of the 1,352 unit Les appartements La Cité — follows a 53-per-cent drop in large commercial sales during the first six months of the ...Canadian commercial real estate investment volumes on verge of exceeding pre ...Sacramento Beeall 7 news articles »

Homer Glen has high hopes for rezoned farmland - Chicago Tribune

Homer Glen has high hopes for rezoned farmlandChicago TribuneHomer Glen officials have high hopes for more than 30 acres of agricultural property along 159th Street after trustees approved the land for commercial zoning. After lengthy discussion at a recent Village Board meeting, trustees approved changing the ...and more »

Pebblebrook Hotel Trust Acquires the Hotel Palomar San Francisco

Pebblebrook Hotel Trust today announced that it has acquired the Hotel Palomar San Francisco for $58.0 million. The 196-room, AAA four-diamond, upper upscale, full-service boutique hotel is located in downtown San Francisco, California.

Inflows boost commercial property deals - Hong Kong Standard

Inflows boost commercial property dealsHong Kong StandardHot money is set to channel into the commercial property market as total liquidity in Hong Kong could reach record levels, according to investment banks. Prices in the residential market have already soared partly due to the fresh inflows. And while ...

The Fine Print: Phila.-area commercial real estate deals update - Philadelphia Business Journal (blog)

The Fine Print: Phila.-area commercial real estate deals updatePhiladelphia Business Journal (blog)Henderson Engineers Inc., of Kansas City, Kan., has opened its first local office and leased 3,500 square feet at 5 Greentree Centre in Marlton, N.J. The company was represented by WCRE and the landlord, Tequesta Properties Inc., represented itself …

$2 million plan to convert hall, hotel in Port Fairy

A $2 MILLION plan to convert the Port Fairy drill hall and parts of the Victoria Hotel into apartments has been submitted to the Moyne Shire Council for approval.

Commercial Property / Real Estate Solicitor - The Independent (blog)

Commercial Property / Real Estate SolicitorThe Independent (blog)This is an exciting opportunity for a Solicitor with a solid grounding in Commercial Property law behind them, to establish an excellent future career within an important and growing regional law firm. You should have two to three years minimum ...

Inland's Newest Non-listed REIT Begins IPO - Commercial Property Executive (blog)

Inland's Newest Non-listed REIT Begins IPOCommercial Property Executive (blog)Almost exactly a year ago, on Oct. 10, 2011, Commercial Property Executive reported on a then-nascent trend toward non-listed REITs that focus on providing shareholders with more transparency, improved liquidity, better redemption options and in some ...and more »

Sovereign Capital Acquires Congress Center in Chicago for $95M - Commercial Property Executive (blog)

Commercial Property Executive (blog)Sovereign Capital Acquires Congress Center in Chicago for $95MCommercial Property Executive (blog)"We felt it is a great asset in a great location and at $95 million, it's a great price," Todd A. Mikles, Sovereign Capital Management Group's CEO, told Commercial Property Executive. "Our goal is to continue recapitalizing properties in the Triple Net ...and more »

Covington hopes to turn City Hall into hotel

Covington officials are hoping to turn their historic, 102-year-old City Hall into a $25 million boutique hotel.

Starwood to Buy LNR Property - Wall Street Journal

Starwood to Buy LNR PropertyWall Street JournalBarry Sternlicht's Starwood Capital Group has agreed to buy LNR Property LLC, a large player in the distressed-commercial-property market, for more than $1 billion, according to two people knowledgeable of the deal. Miami-based LNR is the country's ...and more »

Red Lion Sells Denver Hotel and Signs Franchise Agreement with New Owner

SPOKANE, Wash., Oct. 24, 2012 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced the company has closed on a $13 million sale of the Red Lion Hotel Denver Southeast in Colorado.  Pandey ...

Primewest buys landmark Freo hotel

Perth property syndicate Primewest has bought the Esplanade Hotel in Fremantle off business identity Marylyn New for $88.5 million, ending a protracted two years on the market for the historic building.

Covington officials: City Hall being transformed into hotel

City Manager Larry Klein says the $25 million luxury hotel project will bring jobs to the area.

N.Ky. city hall to become $25M hotel

A $25 million luxury boutique hotel is coming to Covington -- and it's being built inside what's currently city hall.

Another large hotel planned for Portland

Innkeepers express concern the $17.5 million hotel, the third proposal since summer, will strain the local market.

Multi-million dollar hotel project coming to Ajax

AJAX -- A multi-million dollar hotel project is coming to town. Ajax council recently approved an application for an 8,035-square-metre, six-storey hotel with 104 long-term-stay suites. Plans for the development...

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