Wednesday, November 7, 2012

First Look: Langham Boston Pops Cork on $6 Million Lobby Reno and ... - HotelChatter

First Look: Langham Boston Pops Cork on $6 Million Lobby Reno and ... - HotelChatter

First Look: Langham Boston Pops Cork on $6 Million Lobby Reno and ... - HotelChatter

HotelChatterFirst Look: Langham Boston Pops Cork on $6 Million Lobby Reno and ...HotelChatterWhat we've learned about the Langham Hotel Boston this year: Subtle is not in its vocabulary. The hotel, in the city's financial district, popped both a theoretical and literal first cork when it revealed its $6 million lobby renovation. Big deal, you ...

Louis Kestenbaum & New York's Fortis Property Group Announce Strategy For Adding Value in Large Commercial Real Estate ...

Using Case History Example International Plaza in Dallas, TX, Louis Kestenbaum Reveals Fortis Property Groups Commercial Real Estate Strategies (PRWeb November 07, 2012) Read the full story at http://www.prweb.com/releases/2012/11/prweb10102079.htm

Hyatt Regency Birmingham in the UK Sold For USD$43 Million - Hotel News Resource

The Business DeskHyatt Regency Birmingham in the UK Sold For USD$43 MillionHotel News ResourceThrough its affiliates, Hyatt was one of the original co-owners, and since 2002 the hotel has been operated under a third-party management agreement. Starting in 2013, a Hyatt affiliate plans to invest approximately USD$10 million to renovate the hotel ...Strategic Hotels Completes $90M Refinancing of Hyatt Regency La JollaSan Diego Business JournalSwitch from Hyatt to Adoba comes off without a hitchDearborn Press and GuideHyatt Hotels Corporation acquires Birmingham HotelThe Gap Partnershipall 29 news articles »

Supertel Hospitality Announces 30.6 Million Secured Loan Refinancing - MENAFN.COM

Supertel Hospitality Announces 30.6 Million Secured Loan RefinancingMENAFN.COMThe company's debt service obligations are expected to decline byapproximately 1.1 million annually as a consequence of the interestrate and terms of the loan. Ten of the hotels that previously securedthe Greenwich Capital loan are now unencumbered.SUPERTEL HOSPITALITY INC. : Supertel Hospitality Announces $30.6 Million ...4-tradersall 7 news articles »

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.

Red Lion Sells Denver Hotel for $13 Million - CoStar Group

Red Lion Sells Denver Hotel for $13 MillionCoStar GroupPandy Hotel Corp. purchased the Red Lion Hotel Denver Southeast in Aurora, CO, and upon closing entered into a franchise agreement with the seller for a 190-room Red Lion Inn & Suites. Red Lion Hotels Corp. sold the asset for $13 million or $27,197 per ...Embassy Suites Denver-Southeast Hotel Announces Toys for Tots Campaign ...PR Web (press release)all 2 news articles »

MELIA HOTELS INTERNATIONAL SA : Meliá Hotels International earns €36.7 ... - 4-traders

MELIA HOTELS INTERNATIONAL SA : Meliá Hotels International earns €36.7 ...4-tradersMeliá Hotels International has ended September 2012 with an increase in EBITDA of 4.3% (11.5% underlying EBITDA) and net profit of 36.7 million euros, representing a decrease of 4.1% over the same period last year. In the hotel business, the average ...and more »

Luxury Irish hotel sells for half 2007 price - Hindustan Times

Hindustan TimesLuxury Irish hotel sells for half 2007 priceHindustan TimesAshford Castle, a five-star hotel on 365 acres (148 hectares) of land on the west coast, is on the market for 25 million euros (32.46 million USD) -- 25 million euros less than property developer Gerry Barrett paid for it in 2007. Photo: AFP / Savills ...

MakeMyTrip acquires international hotel booking site HotelTravel.com for $25M - VC Circle

VC CircleMakeMyTrip acquires international hotel booking site HotelTravel.com for $25MVC CircleNASDAQ-listed online travel services firm MakeMyTrip India Pvt Ltd has acquired the Hotel Travel Group (HT Group) for $25 million. The HT Group, under the brand 'Hotel Travel', has been operating the website www.hoteltravel.com for more than a decade ...MakeMyTrip Q2-FY13: Profits At $1.2M; Net Revenue At $20.15MMediaNama.comMakeMyTrip acquires HotelTravel.comTravel Daily MediaMakeMyTrip Limited Announces Fiscal 2013 Second Quarter ResultsMarketWatch (press release)all 15 news articles »

Interest Rates for SBA 504 Commercial Real Estate Loans Continue to Plunge

For the seventh time this year, the interest rate for 20-year Small Business Administration 504 loans fell to the lowest level in the lending program's history.

Velocis Purchases over 350,000 sq. ft of Prime Austin Retail Space

Velocis, a commercial real estate investment fund, and its investors have purchased two Austin retail centers. The new acquisitions, West Woods Shopping Center and Springdale Shopping Center, together have more than 350,000 square feet of retail space and a total valuation of approximately $60 million.

Billionaire Ty Warner May Sell Four Seasons Flagship Hotel in New York for ... - Latinos Post

Billionaire Ty Warner May Sell Four Seasons Flagship Hotel in New York for ...Latinos PostBeanie Baby mogul H. Ty Warner, owner of the sumptuous Four Seasons Hotel New York on 57th Street in Manhattan, has received an unsolicited $900 million offer to sell the property, according to an anonymous source close to the deal, as reported by The ...Report $900 million offer made for Four Seasons New YorkTravel WeeklyFour Seasons New York Receives $900 Million BidMeetings & Conventionsall 3 news articles »

Sabal Financial Group Announces Commercial Real Estate Lending

Sabal Financial Group, L.P., a diversified financial services firm, announces the launch of a commercial real estate lending program that will provide bridge loans for value-add real estate opportunities....

Avison Young opens fourth Los Angeles office

Commercial real estate firm continues aggressive expansion in Southern California;Top retail broker Derrick Moore joins as Principal,Principal Chris Cooper relocates to new downtown officeTORONTO, Nov. ...

Commercial Real Estate and the "Fiscal Cliff": Several Reports Indicate the Industry is Bracing for January 2013

Genesis Capital assists buyers and sellers with off market commercial real estate and notes. It tracks the commercial markets closely, and has examined several reports on the upcoming "fiscal cliff" and how it could affect commercial real estate in 2013.San Francisco, CA (PRWEB) November 06, 2012 The pending fiscal cliff hangs in the air for January 1st, 2013. This could include $600 billion in ...

FAP Barometer for Commercial Real Estate Financing in Germany: Sentiment is Deteriorating - While the Situation on the ...

BERLIN, November 6, 2012 /PRNewswire/ --Despite a growth in new business, the parameters are eyed with mounting scepticismFocus on low-risk asset classes, in regard to both inventory and project developmentsAlternative ...

Commercial real estate transfers, Nov. 5

DOUGLAS

Leaders in commercial real estate development

(This spotlight on major commercial developers is comprised of companies and their leadership that have undertaken major projects in the North Bay. They are listed first by county and ... Read more »

Four Seasons New York Said to Get $900 Million Unsolicited Offer - Bloomberg

Four Seasons New York Said to Get $900 Million Unsolicited OfferBloombergThe sale of the hotel, which Warner bought in 1999 for $275 million, would be one of the priciest in Manhattan. The most recent transaction in the area was Strategic Hotels & Resorts Inc.'s (BEE) September purchase of the luxury Jumeirah Essex House, ...and more »

Developers to seek OK for luxury hotel near Staples Center - Los Angeles Times

Los Angeles TimesDevelopers to seek OK for luxury hotel near Staples CenterLos Angeles TimesThe 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. Plans call for gutting the empty ...and more »

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