Agellan Commercial Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Agellan Commercial Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Agellan Commercial Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Fired Manager Recounts Giving Birth in Standard Hotel Room - New York Magazine

New York MagazineFired Manager Recounts Giving Birth in Standard Hotel RoomNew York MagazineTara Kimkee Tan, a 42-year-old former manager at Manhattan's Standard Hotel, is suing her ex-employer for $10 million, alleging that she was unceremoniously fired for not being "young, white, thin, childless or male," the Daily News reports. In ...Pregnant Hotel Manager Forced to Give Birth in Guest Room, Suit AllegesYahoo! News (blog)Former Standard Hotel Manager Says She Was Fired After Giving Birth In One Of ...GothamistHotel worker fired after giving birth in roomNinemsnCBS Local -Metro.us -The Inquisitrall 19 news articles »

Owner Files $10 Million Loan on DoubleTree Hotel - Memphis Daily News

Owner Files $10 Million Loan on DoubleTree HotelMemphis Daily NewsThe hotel owner, listed by the Shelby County Assessor of Property as Garden Plaza Hotel Co. III, filed the loan Oct. 24, although it wasn't recorded by the Shelby County Register of Deeds until this week. Built in 1986, the 163,040-square-foot hotel ...and more »

Crowne Plaza Hotel Indianapolis Downtown Union Station To Undergo ... - Hotel News Resource

Crowne Plaza Hotel Indianapolis Downtown Union Station To Undergo ...Hotel News ResourceGeneral Hotels Corporation The project is scheduled to begin the first quarter of 2013 and be completed by the third quarter of 2013. The multi-faceted and multi-million dollar project will be conducted in phases to ensure minimal impact to hotel guests.Vista Capital Company Arranges $17.3 Million of Financing for the Historic ...Sacramento Beeall 4 news articles »

Garden Grove OKs three-hotel project - OCRegister

Garden Grove OKs three-hotel projectOCRegister•A $300 million hotel resort that will feature 600 rooms and an indoor water park for its guests on 11 acres on Harbor Boulevard; the project is expected to generate $8.5 million in annual tax revenue and create up to 1,000 new jobs. •A development to ...

Alfa buys Midtown's Hotel Grand Union for $28.6 million - Bizjournals.com

Alfa buys Midtown's Hotel Grand Union for $28.6 millionBizjournals.comThe 90-room hotel at 34 East 32nd St., is located between Park and Madison Avenues, two blocks from the Empire State Building. The acquisition marks Alfa's first hospitality property. "We look forward to embracing the hotel's existing potential, which ...Alfa buys NYC's Grand Union hotel for $28 millionHOTELSall 2 news articles »

RLJ Lodging Trust Purchases Embassy Suites Boston/Waltham for $64.5 Million - Hotel News Resource

RLJ Lodging Trust Purchases Embassy Suites Boston/Waltham for $64.5 MillionHotel News ResourceThe Hotel went through an extensive $12-million brand conversion from a DoubleTree Guest Suites to an Embassy Suites in 2011, one of only three Embassy Suites in the greater Boston area. During the conversion, the guest suites and the public spaces ...RLJ Lodging Buys Embassy Suites Boston/Waltham For $64.5 Mln CashNASDAQall 9 news articles »

Commercial Real Estate Recovery May Accelerate in Second Half of 2013 According to Jones Lang LaSalle

CHICAGO, Nov. 15, 2012 /PRNewswire/ -- The U.S. presidential election may be over, but economic uncertainty will continue to hinder corporate decision making and impede improvement in commercial real estate ...

New Wealth Advisors Club Weighs in on Promising Real Estate Trends

A new report is optimistic about continued commercial real estate recovery; the report has drawn a comment from New Wealth Advisors Club.New York, New York (PRWEB) November 14, 2012 Many Americans have taken delight in the ongoing recovery of the real estate sector; though this recovery has sometimes seemed slow-going, it has ultimately led to renewed optimism in the U.S. economy more broadly. A ...

Virginia Real Estate Blog Wins Platinum MarCom Award

International Award Praises Blog with Highest Honor for Innovativeness and ContentRichmond, Virginia (PRWEB) November 15, 2012 Commonwealth Partnerships Group ("CPG") is honored with a 2012 Platinum MarCom Award for their Virginia Real Estate Blog. The blog is the most comprehensive resource about news and trends in the residential and commercial real estate markets across Virginia. ...

Airbnb Claims $56M Contribution to San Francisco's Economy - Triple Pundit

Triple PunditAirbnb Claims $56M Contribution to San Francisco's EconomyTriple PunditDividing $55.8 million in an average spending of $1,100 per guest gets you 50,727 Airbnb guests a year. Now, 14 percent x 50,727 x $1,100 = $7.8 million. Adding the difference between the spending of average Airbnb and hotel guests for the rest (86 ...and more »

Home Inns opened 108 hotels in Q3 - Hotel News Now

Home Inns opened 108 hotels in Q3Hotel News NowTotal revenues from leased-and-operated hotels for the third quarter of 2012 were RMB 1.43 billion (US$227.8 million), representing a 62.3% increase year over year and a 10.1% increase sequentially. Total revenues from franchised-and-managed hotels for ...and more »

Economy: UNF professor says 'it's not all bad news'

Jacksonville commercial real estate brokers, builders and bankers looking for economic encouragement Wednesday heard what University of North Florida economics professor Paul Mason considered the good news and the bad.

Fire-ravaged hotel reopens after £13.5million makeover - Sunderland Echo

Sunderland EchoFire-ravaged hotel reopens after £13.5million makeoverSunderland EchoThe hotel has now finally reopened after a £3.5million makeover. The Echo was this week given an exclusive tour of the new-look hotel. Hotel director Tina Chawla admitted the rebuilding programme had been a "long process," but said the end result was a ...and more »

Commercial real estate market recovering slowly

South Florida's housing market continues to bounce back from a six-year slumber, but recovery on the commercial side has been more sluggish.

Latest CoStar Commercial Repeat-Sale Analysis: CRE Pricing Recovery Continues to Mature and Broaden

WASHINGTON -- This month's CoStar Commercial Repeat Sale Indices (CCRSI) provide the market's first look at September 2012 commercial real estate pricing. Based on 845 repeat sales in September 2012 and ...

McPier hotel project cost rises $3 million - Chicago Tribune

McPier hotel project cost rises $3 millionChicago TribuneThe extra cost includes $1.2 million for mold remediation in the guest-room corridor in the existing hotel tower. Jim Reilly, the authority's CEO, said there have been no guest complaints and no health issues. The mold was discovered behind vinyl wall ...

Active in Multifamily? Join Leading Commercial Real Estate Executives at New Jersey Apartment Summit

FLORHAM PARK, N.J., Nov. 14, 2012 /PRNewswire-iReach/ -- CapRate Events, LLC (CRE) is pleased to confirm participation of Mack-Cali's Mitchell E. Hersh in The Second Annual New Jersey Apartment Summit ...

Apollo Commercial Real Estate Finance, Inc. Announces $50 Million Capital Deployment

Apollo Commercial Real Estate Finance, Inc. today announced the closing of a $50 million mezzanine loan secured by equity interests in a borrower that owns a portfolio of three full-service conference ...

Ares Commercial Real Estate Corporation Declares Fourth Quarter 2012 Dividend of $0.25 Per Common Share and Reports ...

Ares Commercial Real Estate Corporation announced that its Board of Directors has declared a fourth quarter 2012 dividend of $0.25 per common share, an increase of $0.19 per common share over the third quarter 2012 dividend.