City to chip in $50K for landscaping at hotel project

City to chip in $50K for landscaping at hotel project

BRISTOL — The city plans to chip in $50,000 towards the cost of landscaping Bristol's only hotel when its $13 million overhaul is finished.

Commissioners give first nod to hotel

Commissioners move forward with headquarters hotel proposal for the Gwinnett Center.

Hyatt Announces Purchase of Hyatt Regency Birmingham

Hyatt Hotels Corporation today announced that a Hyatt affiliate has purchased the Hyatt Regency Birmingham hotel in the United Kingdom for approximately USD$43 million.

TEXT-S&P raises GMAC Commercial Mortgage 1998-C2 class F rating - Reuters

TEXT-S&P raises GMAC Commercial Mortgage 1998-C2 class F ratingReutersThe loan was placed on the master servicer's watchlist due to deferred maintenance from storm damage on several properties in the portfolio. The master servicer, Berkadia Commercial Mortgage LLC (Berkadia), indicated that the borrower is remedying the ...

Hotel Investors Head to Miami Beach as Tourism Rebounds

Decades of development and historic district restrictions make new construction rare, so investors typically buy hotels on or near the waterfront and renovate them.

Hotel plans to be supermarket of brothels

IT'S  called the fun hotel. It will have a gym, a spa and 150 prostitutes. Yes, 150 prositites. And a three metre privacy wall.  

Interest Rates for SBA 504 Commercial Real Estate Loans Continue to Plunge - The Herald | HeraldOnline.com

Interest Rates for SBA 504 Commercial Real Estate Loans Continue to PlungeThe Herald | HeraldOnline.comTALLAHASSEE, Fla. — For the seventh time this year, the interest rate for 20-year Small Business Administration (SBA) 504 loans fell to the lowest level in the lending program's history. The debenture bonds that funded this month's 20-year 504 loans ...and more »

Prepare They Did, Yet Property Owners Hit Hard by Sandy - Commercial Observer

Commercial ObserverPrepare They Did, Yet Property Owners Hit Hard by SandyCommercial ObserverIn the face of one of the worst natural disasters in the city's history, commercial real estate landlords braced for Hurricane Sandy, employing every measure possible to hold property damage to a minimum and keep tenants safe. But not even prophetic ...

Behringer Harvard Sells M-F Property in Fort Lauderdale Metro Area - Commercial Property Executive (blog)

Commercial Property Executive (blog)Behringer Harvard Sells M-F Property in Fort Lauderdale Metro AreaCommercial Property Executive (blog)"Several factors have contributed to make this an opportune time to market Parrot's Landing for sale," Jason Mattox, Behringer Harvard's chief operating officer, told Commercial Property Executive. "Apartment market fundamentals in South Florida are ...and more »

Louisiana Citizens Property Insurance Corp.'s board considers increase in ... - The Republic

Louisiana Citizens Property Insurance Corp.'s board considers increase in ...The RepublicLouisiana Citizens Property Insurance Corp.'s board is expected to approve increasing its commercial coverage rates by an average of 45.1 percent statewide this week. Almost all of Citizens' roughly 5,700 commercial property policies are in the New ...and more »

Heights at Eastwood construction delayed

Groundbreaking was delayed on a 128-room, $15 million Hyatt Place hotel and on 124 upscale apartment units managed by DTN Management Co.

The Long Freeze - Commercial Property Executive (blog)

Commercial Property Executive (blog)The Long FreezeCommercial Property Executive (blog)A month later, Marcelo Bermudez, president of Figueroa Capital Group, wrote in the newsletter, "Elections are bad for commercial real estate. Too much uncertainty opens the door for delays." Bermudez, at least, was able to find a glimmer of optimism in ...

InterContinental wants new bids for NY's Barclay Hotel

LONDON (Reuters) - InterContinental Hotels has failed to seal the sale of its Barclay hotel in midtown Manhattan and is seeking new bids after exclusive talks with a prospective buyer proved inconclusive. The 1920s New York hotel had been expected to fetch around $300 million and analysts had previously identified Qatari hotel owner Ghanim Bin Saad Al Saad as the likely purchaser ...

London & Stamford in Talks to Buy Metric to Form REIT - Businessweek

UK Business PropertyLondon & Stamford in Talks to Buy Metric to Form REITBusinessweekLondon & Stamford Property Plc (LSP) is in talks to buy Metric Property Investments Plc (METP) in an all-share deal that would combine two U.K. real estate investment trusts focused on commercial property. London & Stamford would offer 0.94 of a new ...London & Stamford close to merger dealFinancial TimesLondon & Stamford fails to make it big before Ray Mould got too oldUK Business Propertyall 21 news articles »

Increase in turnover boosts Shelbourne operating profit

The five-star Shelbourne Hotel in Dublin made an operating profit of €3.21 million last year as its turnover rose by 2.8 per cent.

In $1.3 billion deal, South Bay developer Carl Berg sells about 100 commercial ... - San Jose Mercury News

In $1.3 billion deal, South Bay developer Carl Berg sells about 100 commercial ...San Jose Mercury NewsCUPERTINO -- In a $1.3 billion deal, veteran developer Carl Berg has agreed to sell his Mission West Properties' portfolio of about 100 commercial properties in Santa Clara County and Fremont. A group led by realty developer Divco West is buying the ...and more »

After the election: Hoping for an uptick in commercial real estate - Dallas Morning News (blog)

Dallas Morning News (blog)After the election: Hoping for an uptick in commercial real estateDallas Morning News (blog)Mansour – who spoke to local real estate and business execs at the Ritz-Carlton Dallas hotel – said she's hoping that after the election companies will get off the fence about growth. "Once they at least have clarity, they are going to decide how they ...and more »

Hotel at seawall sparks heritage warning

There is a call for more heritage funding to protect historic assets after a hotel development at Hobart's Battery Point was allowed near an 1830s seawall.

Chicago contractor renovating Delavan commercial property - Janesville Gazette

Chicago contractor renovating Delavan commercial propertyJanesville GazetteDELAVAN — What it is: The former Horsemen Saddle & Harness building on the northeast corner of the Seventh Street and Wisconsin Avenue in Delavan is undergoing a total renovation. The project includes new utilities and a complete interior rebuild.and more »

Developers to seek OK for luxury hotel near Staples Center

Developers aim to turn a condemned apartment building on Hope Street in L.A. into a luxury tower with a roof-top pool and landscaped courtyard and roof. The developers of a proposed $31-million hotel near Staples Center in downtown Los Angeles are ready to seek city approval to construct an indoor-outdoor complex in the brick shell of a condemned apartment building.