Monday, October 15, 2012

Judge quashes Landmark Hotel bankruptcy move - The Daily Progress

Judge quashes Landmark Hotel bankruptcy move - The Daily Progress

Judge quashes Landmark Hotel bankruptcy move - The Daily Progress

Judge quashes Landmark Hotel bankruptcy moveThe Daily ProgressRepresentatives of general contractor Clancy & Theys Construction Co. told Bankruptcy Judge William E. Anderson that June's $6.25-million auction sale of the hotel to Atlanta developer John Dewberry means that Minor no longer has a business to ...

Summit Hotel Acquires Assets - Analyst Blog - NASDAQ

Summit Hotel Acquires Assets - Analyst BlogNASDAQSummit Hotel Properties, Inc. ( INN ), a real estate investment trust (REIT), recently acquired a portfolio of eight Hyatt hotels spread across diverse locations for $87.4 million. The portfolio comprising 1,043 guest rooms was purchased from the ...and more »

Study: Denver hotel transaction volume remains high - Denver Post

Study: Denver hotel transaction volume remains highDenver PostDenver hotel transaction volume remains high this year following a record-setting 2011, according to a study by Jones Lang LaSalle Hotels. The real estate services firm said transaction volume is holding steady at $217 million year to date, following ...and more »

Romney raises $170 million in September - CBS News

NBCNews.com (blog)Romney raises $170 million in SeptemberCBS NewsAs Mitt Romney's campaign announced on Monday that it raised a personal-best $170 million in September, his top donors are gathering at Manhattan's Waldorf Astoria hotel for a three-day retreat at which they will attend strategy sessions, rub elbows ...Romney raised $170 million in September, trails ObamaReutersRomney Raises $170 Million to Finance Final PushNew York Times (blog)Romney campaign raised $170 million in SeptemberWashington PostNBCNews.com (blog) -USA TODAY -Businessweekall 5,904 news articles »

Florida Hotel Used for $19 Million in Mortgage Fraud - Mortgage Daily

Florida Hotel Used for $19 Million in Mortgage FraudMortgage DailyAccording to the indictment, a hotelier named Atul Bisaria convinced both Mutual Bank in Harvey, which has since failed, and Chicago's Broadway Bank to loan him in excess of $9 million and $10 million each to renovate and redevelop a Doubletree Hotel ...Hotelier, St. Andrews School board member Bisaria charged with fraudBizjournals.comall 2 news articles »

Luxury Travel Online Members' Club, Secret Escapes, Raises £8 Million Led By ... - TechCrunch

Growingbusiness.co.ukLuxury Travel Online Members' Club, Secret Escapes, Raises £8 Million Led By ...TechCrunchSecret Escapes, an online 'flash sales' free-to-join members club for luxury holidays and hotel rooms, has raised a new funding round totaling £8 million ($12.8m) to bolster its position in the U.K. market and support international launches in the U.S ...Secret Escapes Secures Funds Led by Index VenturesPrivate Equity Hub (press release)all 10 news articles »

Montgomery bets $4.2 million on a Rockville hotel - Washington Post

Montgomery bets $4.2 million on a Rockville hotelWashington PostOfficials from Montgomery County and the City of Rockville sought to make a case last week for a new hotel in the center of Rockville, pledging to put up $4.2 million to make it a reality. The hotel, a 140-room Cambria Suites, is planned as part of a ...

Turks and Caicos Signs Memorandum on $70 Million Hotel and Casino Project - Caribbean Journal

Turks and Caicos Signs Memorandum on $70 Million Hotel and Casino ProjectCaribbean JournalThe Turks and Caicos has signed a memorandum with developer Circle Holdings, Ltd on a planned $70 million hotel, casino and marina project, the government announced Sunday. The project will be a low-density, high-end hotel, with a residential ...and more »

Cornhusker hotel mortgage is $25.9 million - Lincoln Journal Star

Cornhusker hotel mortgage is $25.9 millionLincoln Journal Star"Under the terms of the agreement, the joint venture assumed an existing non-recourse mortgage of $25.9 million and we recognized a non-controlling interest of $4 million related to LEM Capital's prior investment in the hotel," the federal 10Q filing said.

Gazette.Net: Contracts, etc.

About Space of Rockville won $25,001 from the Department of Veterans Affairs for furniture. Advanced Engineering Associates of Cambridge won $65.39 million from the Agency for International Development to implement an energy policy program.

After 25 years Patrick Henry Mall still plans to compete

In 1986, Yoder Dairy sold part of its cow pasture in Newport News for $2.8 million.

Real Estate Weekly – 10/12/12

Café opens at Walters Art Museum Baltimore native Ashley McCauley has opened "Q at the Walters" Café, featuring a smoothie bar, Italian soda bar and steamer bar with all-natural Italian syrups and dark and white Italian chocolate sauces, topped with homemade whipped cream. McCauley launched her first such operation, Café Q, in 1998 at Johns [...]

On its 40th birthday, Harford Mall still going strong

Forty years ago today (Friday), on the site of the town's former horse racetrack, Harford Mall in Bel Air opened its doors to thousands of shoppers with 1970s mainstays like Montgomery Ward and Korvettes at either end of its half-million square feet.

ECHO Realty, LP Opens Washington, DC Office

PITTSBURGH, Oct. 10, 2012 /PRNewswire-iReach/ -- Pittsburgh, PA based ECHO Realty, LP opened a third office located in Washington DC on September 1, 2012.  ECHO's Washington, DC office will focus on continuing ...

DB Realty extends gain on issue of warrants to promoters

DB Realty is trading higher by 3% to Rs 89 extending its 18% rally in past two days after the Mumbai-based real estate firm said that its board has approved the issuance of up to 37 million warrants to the promoters of the company on preferential basis.

$100 million hotel, mixed-use complex coming to Rockville - Gazette.Net: Maryland Community News Online

$100 million hotel, mixed-use complex coming to RockvilleGazette.Net: Maryland Community News OnlineConstruction is set to begin this year on a new mixed-use development project in Rockville Town Center on East Middle Lane, the site of a former indoor shopping mall. The $100 million development will include about 40,000 square feet of retail space ...

Aon Signs New Lease at Piedmont's 200 E. Randolph in downtown Chicago

ATLANTA and CHICAGO, October 2, 2012 - Piedmont Office Realty Trust, Inc. (NYSE:PDM) today announced the completion of a new 15-year lease with Aon plc (NYSE:AON)  totaling 396,406 square feet at its 200 ...

Digital Realty Opens First Phase of Massive St. Louis Data Center Expansion

September 28, 2012 -- Data center operator Digital Realty Trust announced on Thursday it has opened the first phase of what it said could eventually be a $80 million expansion of its data center in downtown St. Louis. Keep on reading: Digital Realty Opens First Phase of Massive St. Louis Data Center Expansion

Spirit Realty makes NYSE debut at offering price

Spirit Realty Capital's stock opened on the New York Stock Exchange at the $15 per share that they were priced at, which was below the company's initial range.

Stream Realty Opens Los Angeles Office

LOS ANGELES, Sept. 18, 2012 /PRNewswire/ -- Stream Realty Partners, L.P., a leading provider of commercial real estate services, announced the opening of a regional office in Los Angeles, its eighth location ...

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