Palmer House hotel lands $365 million in refinancing loans - REjournals.com

Palmer House hotel lands $365 million in refinancing loans - REjournals.com

Palmer House hotel lands $365 million in refinancing loansREjournals.comOn behalf of Thor Equities, Jones Lang LaSalle and Jones Lang LaSalle Hotels have announced the firm's Capital Markets professionals have secured a $365 million financing package for the Palmer House Hilton in Chicago. JP Morgan provided the ...

Hotel Near Humboldt State University To Be Sold - Sacramento Bee

Hotel Near Humboldt State University To Be SoldSacramento BeeThe 78-room property was built in 1975 and operated as an unflagged hotel under the name "North Coast Inn." The hotel was purchased for $5 million in January 2007 and underwent a refurbishment at that time. The hotel is located in the city of Arcata, ...and more »

Frankenweenie Collects $4.9 Million Overseas - Big Cartoon News Blog (blog)

Frankenweenie Collects $4.9 Million OverseasBig Cartoon News Blog (blog)Meanwhile, Sony Animation's 3D Hotel Transylvania opened in second place in the United Kingdom, gathering $2.8 million at 704 locations. This past weekend, it drew $13.7 million at 3,669 screens in 24 countries. So far, Hotel Transylvania has grossed ...

Summit completes $87 million hotel deal - Sioux Falls Argus Leader

Summit completes $87 million hotel dealSioux Falls Argus LeaderSioux Falls-based Summit Hotel Properties Inc. has finalized an $87 million acquisition of eight hotels affiliated with Hyatt Hotels Corp. The purchase adds more than 1,000 guestrooms to Summit's portfolio. The hotels are in five states, including the ...

$1.6M grants to fund Hill District grocery, East Liberty hotel - Tribune-Review

$1.6M grants to fund Hill District grocery, East Liberty hotelTribune-ReviewAbout $790,000 will go to the real estate arm of the nonprofit East Liberty Development Inc. to finance part of a proposed $19 million, 40-room boutique hotel in the former YMCA building on Whitfield Street. The Hill House Economic Development Corp ...and more »

Greek Prime Property Yields Rise on Economy Gloom, Colliers Says

Yields on Athens prime commercial property climbed this year as pessimism over Greece's economy and the prospect of banks selling assets depressed real estate values, according to Colliers International.

Rising cost of protecting copper wire

It's an expensive problem plaguing commercial property owners, buyers and brokers around the Valley.

Australian Commercial Property Debt Fund to Raise $500M from Institutional Investors

Australia's most experienced non-bank commercial property debt organisation Balmain, has launched a A$500 million secured commercial property debt fund investing entirely in the $1

Wells Fargo Finances Manhattan at Times Square Hotel with $120 million - Commercial Observer

Commercial ObserverWells Fargo Finances Manhattan at Times Square Hotel with $120 millionCommercial ObserverWells Fargo provided a $120 million loan on a building at 790 Seventh Avenue to MTS Propco, according to public records. MTS Propco is the name of the partnership which has recently closed on the purchase of Manhattan at Times Square Hotel, located on ...and more »

Real Estate Forecast 2013-2014: Commercial Properties

Commercial real estate will improve marginally in 2013. New construction activity will inch upward, operating income will be a little better, and property values will level off. Later, in 2014 or 2015, operating income and prices will both rise, triggering increased construction. The recession clobbered occupancy of office, industrial and retail [...]

DIDIHC acquires Garden Hotel for RO 10 million - Oman Daily Observer

Oman Daily ObserverDIDIHC acquires Garden Hotel for RO 10 millionOman Daily ObserverBy Samuel Kutty -. MUSCAT — Dhofar International Development & Investment Holding Co SAOG (DIDIHC) and its subsidiary Dhofar Investment & Real Estate Services LLC signed an agreement to acquire 100 per cent stake in Garden Hotel LLC for RO 10 ...DIDIC acquires Garden HotelTimes of Omanall 4 news articles »

Commercial Real Estate-BMO Economics Releases Forecast for Income-Producing Properties

The continued strength in Canada's real estate industry, along with the expectation of low interest rates in the medium term, should provide added appeal for investors looking for income-producing commercial ...

Swinton Commercial Warns Landlords Not to Get Burned by Underinsured Properties Ahead of Bonfire Night

With Bonfire night fast approaching, Swinton Commercial is offering advice to landlords to safeguard their properties and tenants against fire hazards, and make sure they are fully covered against fire ...

Downtown tax crunch, High commercial taxes keep the squeeze on Canada's urban centres

Downtown tax crunch, High commercial taxes keep the squeeze on Canada's urban centres

Ares Commercial Real Estate Corporation Closes $36 Million Financing Commitment on Cincinnati Office Property

Ares Commercial Real Estate Corporation announced today that it closed a $36 million first mortgage loan commitment collateralized by a Class A office building located in Cincinnati's central business district.

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 ...

Investors re-enter commercial market

Commercial property investor confidence is continuing to rise - with a 45% net positive result. read more

Commercial property/casualty insurance rates up 5% in September: MarketScout

Commercial property/casualty insurance rates rose 5% in September, MarketScout reported last week.Commercial property rates adjusted down from a 7% increase in August to a 6% increase in September, the Dallas-based electronic insurance exchange said in a Friday report. MarketScout found that

$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 ...