Sunday, September 30, 2012

Real Estate & Development Conference will be 'Developer's Fantasy Camp'

Real Estate & Development Conference will be 'Developer's Fantasy Camp'

Real Estate & Development Conference will be 'Developer's Fantasy Camp'

Imagine you have been appointed king of Milwaukee for a day. You hold all the chips, you press all the buttons and you pull all the levers. And you are a commercial real estate developer.

Clopton Capital Now Offering Commercial Real Estate Loans in Michigan - Midland Daily News

Clopton Capital Now Offering Commercial Real Estate Loans in MichiganMidland Daily NewsClopton Capital, a commercial real estate finance firm that offers commercial mortgages and loans for income producing properties nationwide, announces that they are offering long term fixed rate financing for commercial real estate located in Michigan.and more »

Clopton Capital Now Offering Commercial Real Estate Loans in Michigan

Clopton Capital, a commercial real estate finance firm that offers commercial mortgages and loans for income producing properties nationwide, announces that they are offering long term fixed rate financing for commercial real estate located in Michigan. (PRWeb September 30, 2012) Read the full story at http://www.prweb.com/releases/cloptoncapital/commercialmortgages/prweb9961590.htm

Oregon Rewards CMBS Manager Who Blew Up Fund in 2008: Mortgages - Businessweek

Oregon Rewards CMBS Manager Who Blew Up Fund in 2008: MortgagesBusinessweekBonds created by bundling commercial mortgages in the years leading up to the property boom of 2007 have risen this year as firms including Brevan Howard Asset Management LLP and Angelo Gordon & Co. gather additional money for the investments.and more »

Mitsubishi targets growth of tiny property funding business - Business Recorder (blog)

Mitsubishi targets growth of tiny property funding businessBusiness Recorder (blog)Japan's top trading house Mitsubishi Corp is expanding its small real estate financing business to benefit from rising property purchases by foreign investors in the country and an expected jump in refinancing of loans, a senior executive said. Diamond ...

Norway's Wealth Fund Targets US Real Estate by End 2013 - Businessweek

Norway's Wealth Fund Targets US Real Estate by End 2013BusinessweekNorway's $650 billion sovereign wealth fund is closing in on its first U.S. real estate investment as the market struggles with stagnant prices. The fund will invest in the U.S. "by the end of next year at the latest," Trond Grande, deputy chief ...and more »

Bucking A Trend, California Residential Clean Energy PACE Program Thrives - Forbes

ForbesBucking A Trend, California Residential Clean Energy PACE Program ThrivesForbesA residential or commercial property owner is able to tap low-interest financing to fund energy efficiency and renewable energy upgrades without the burden of upfront costs. An audit is often undertaken to identify energy- and water-saving opportunities.and more »

For The Record - Albany Times Union

For The RecordAlbany Times UnionBorrower: Steven Nieminski Location: 44A Colonial Road, Stillwater Purpose: Property Improvements Amount: $187,728 Recorded: Aug. 28. COMMERCIAL DEEDS. ALBANY COUNTY. SELLER: Keis Realty LLC Buyer: Comfortex Corp. Amount: $4,950,000 ...and more »

Reinsurer relocates for commuter rail - Orlando Sentinel

Reinsurer relocates for commuter railOrlando SentinelHelen Putterman, president of Cohen & Company, represented the seller, Cohen Commercial Properties. … Marcus & Millichap Real Estate Investment Services represented the seller in the $9.5 million sale of Kissimmee Korners, an 83,340-square-foot retail ...

Southwest Florida's industrial real estate market on upswing, study finds - The News-Press

Southwest Florida's industrial real estate market on upswing, study findsThe News-PressGary Tasman, founder and executive director of Cushman & Wakefield Commercial Property Southwest Florida, said the optimistic outlook is due to the early signs of recovery in the local housing market. That's caused smaller companies such as carpentry ...and more »

New Info Graphic Shows Quarterly Volume and Pricing Trends in 2012 for Steelhead Capital's Commercial Real Estate ...

In a recent interview on the Capital Synergies podcast from Steelhead Capital, Mr Dan Fasulo of Real Capital Analytics shared this powerful infographic highlighting the trends by property type sector in the recovering commercial real estate market.San Francisco, CA (PRWEB) September 30, 2012 This insightful info graphic shows the encouraging but cautious trend of commercial real estate property ...

New Commercial Real Estate Investment Podcast from Steelhead Capital with Dan Fasulo

Steelhead Capital announces the publication of the current issue of the Capital Synergies podcast. This 30 minute interview offers timely insights into the trends and opportunities for commercial real estate investors in today's market.San Francisco, CA (PRWEB) September 29, 2012 Peter Slaugh of Steelhead Capital hosts this insightful podcast with commercial real estate expert Dan Fasulo of Real ...

Commercial property outlook 'upbeat' - Irish Examiner

Irish IndependentCommercial property outlook 'upbeat'Irish ExaminerThe prospects for the Irish commercial property market are more positive than any time over the past five years, according to Nama chief executive, Brendan McDonagh. "Because of the 65% drop in prices over that period, commercial property valuations, ...Nama chief says oversupply of property now less of an issueIrish TimesTenants secured for 4000 empty apartments, NAMA saysRTE.ieall 11 news articles »

Local commercial real estate company touts downtown tenant activity

Commercial real estate firm NAI Norris, Beggs & Simpson recently announced a flurry of leasing activity in downtown Vancouver's Bank of America Financial Center.

Commercial(Real Estate Notes

Pace Properties represented parties in these transactions:

Ares Commercial Real Estate Corp About To Put More Money In Your Pocket

Looking at the universe of stocks we cover at Dividend Channel, on 9/28/12, Ares Commercial Real Estate Corp (NYSE: ACRE) will trade ex-dividend, for its quarterly dividend of $0.06, payable on 10/11/12. As a percentage of ACRE's recent stock price of $17.08, this dividend works out to approximately 0.35%. Click here to find out which 9 other stocks going ex-dividend you should know about, at ...

Commercial Property Sales Outlook for U.S. Cut by ULI - Bloomberg

Commercial Property Sales Outlook for U.S. Cut by ULIBloombergA recovery in commercial real estate nationwide is being damped by sluggish economic expansion. The lowered forecast is the result of slower-than-expected growth in the U.S. gross domestic product, which is now projected to expand 2 percent both this ...and more »

Ares Commercial Real Estate Corporation Declares a Dividend of $0.06 per share for the Quarter Ending September 30, 2012

Ares Commercial Real Estate Corporation announced today that it has declared a cash dividend of $0.06 per common share for the quarter ending September 30, 2012. The d

Commercial real estate industry contributes over $63 billion to Canadian economy

TORONTO , Sept. 19, 2012 /CNW/ - The commercial real estate sector (CRE Sector) makes a substantial contribution to the Canadian economy, generating $63.3 billion in economic activity in 2011, according ...

Latest CoStar Commercial Repeat-Sale Analysis: Real Estate Prices Sustain Recovery With Strong Showing in July

WASHINGTON -- This month's CoStar Commercial Repeat Sale Indices (CCRSI) provide the market's first look at July 2012 commercial real estate pricing. Based on 741 repeat sales in July and more than 100,000 ...

Are tax changes needed? Study to take hard look - Victoria Times Colonist

Are tax changes needed? Study to take hard look - Victoria Times Colonist

Are tax changes needed? Study to take hard look - Victoria Times Colonist

Are tax changes needed? Study to take hard lookVictoria Times Colonist... housing - including social housing for low-income people, workforce housing for the service industry and market-rate rentals who could afford to buy but don't want to - said Stephen Shea, the Victoria Real Estate Board's chairman of commercial real ...and more »

Southwest Florida's industrial real estate market on upswing, study finds - The News-Press

Southwest Florida's industrial real estate market on upswing, study findsThe News-PressSouthwest Florida's industrial real estate market has stabilized after being hit harder than most by the recession — and better times may be coming as the economy recovers, an economic study says. The report by Cushman & Wakefield for the Fort ...and more »

Global firms realign focus to tap potential realty hot spots - Livemint

Global firms realign focus to tap potential realty hot spotsLivemintJones Lang LaSalle's chairman and country head Anuj Puri, in a recent interview, said the Chicago-based property consultancy now has a full-fledged residential segment based out of Mumbai, which does business in large real estate markets such as ...

Commercial and residential real estate are directly connected - Statesman Journal

Commercial and residential real estate are directly connectedStatesman JournalThere is no question of the direct correlation between the health of the commercial real estate market and that of the residential market, including the number of foreclosures we see in the Mid-Willamette Valley each year. Salem, like many other ...

Who/What's new - Daytona Beach News-Journal

Who/What's newDaytona Beach News-JournalCharlotte Smith, a commercial real-estate agent, has been appointed to the New Smyrna Beach Economic Development Advisory Board. She has worked in the real-estate business in Volusia County for 14 years and was involved in the sale and leasing of ...and more »

Corner Partnership proves to be among most savvy of Nashville's real estate ... - Greenville News

Corner Partnership proves to be among most savvy of Nashville's real estate ...Greenville News"They're patient, and when you're dealing with land, that's really important," said Bert Mathews, president of Nashville-based The Mathews Co., which develops, owns, and manages commercial real estate properties. "And they're sophisticated, so they ...

Real Estate Loans Surge 19% - Manila Bulletin

Real Estate Loans Surge 19%Manila BulletinThe Bangko Sentral ng Pilipinas (BSP) in a monthly report said the 38 universal/commercial banks accounted for 77.3 percent of total exposure or P434 billion while 22.7 percent or P127.6 billion are from the 71 thrift banks. Majority of the industry's ...and more »

Services sector to revive office space demand: Experts - Zee News

Zee NewsServices sector to revive office space demand: ExpertsZee NewsMumbai: At a time when the real estate sector is slowing down, mainly due to high interest rates and unfavourable government policies, the services sector is expected to revive demand for office space with an estimated absorption of 28-30 million sq ft ...and more »

real estate transactions - Norman Transcript

real estate transactionsNorman TranscriptLot 1, Block 1, Santa Fe Commercial Park, $250,000. Seller, Southwest Fourth and Santa Fe LTD. Buyer, BHK Properties. Lot 8, Block 1, Rio Toscano, $210,000. Seller, Topan and Ruchira Battacharya. Buyer, William Walton and Mai Thanh Phuong. Lot 9, 5, 6 ...

Real Estate Transfers

The following are real estate transfers filed in La Crosse County. By law, some transfers are exempt from transfer fees; these properties are listed without prices.

Pure Industrial Real Estate Trust Successfully Closes Previously Announced Acquisition of Five Industrial Properties ...

Pure Industrial Real Estate Trust Successfully Closes Previously Announced Acquisition of Five Industrial Properties for $48 Million

New York Real Estate Question and Answer

When a trust owns co-op shares; the roles of a co-op board member; a Hamptons condo with summer rentals.

Federal Realty Investment Trust to Participate at the ISI 2012 Real Estate Conference

ROCKVILLE, Md., Sept. 28, 2012 /PRNewswire/ --  Federal Realty Investment Trust (NYSE: FRT) today announced that Donald C. Wood, president and chief executive officer, will participate in a panel discussion ...

Blackstone to Buy Capital Trust Unit

Blackstone has reached an agreement with real estate finance company -- Capital Trust, Inc. -- to acquire the latter's investment unit.

Essex Property Trust to Present at the 2012 ISI Annual Real Estate Conference

Essex Property Trust, Inc. announced today that Michael J. Schall -- President and CEO will be participating in a panel at the 2012 ISI Annual Real Estate Conference on Tuesday, October 2, 2012, from 11:25 ...

NorthWest Healthcare Properties Real Estate Investment Trust Announces Completion of Toronto and Ottawa Acquisitions ...

NorthWest Healthcare Properties Real Estate Investment Trust Announces Completion of Toronto and Ottawa Acquisitions and Calgary Financing

Inland American Real Estate Trust, Inc. Announces Agreement to Purchase Three Autograph Collection Hotels from Richard ...

Inland American Lodging Group, Inc. , a wholly owned subsidiary of Inland American Real Estate Trust, Inc. , announced purchase agreements with acclaimed hotelier and developer Richard Kessler to acquire a portfolio of three artistically inspired luxury hotels.

Survey: Commercial real estate projections less optimistic - Bizjournals.com

GlobeSt.comSurvey: Commercial real estate projections less optimisticBizjournals.comReal estate economists and analysts have scaled back expectations for expansion of the U.S. economy and underpinnings of commercial real estate, but continue to forecast robust single-family home sales, the Urban Land Institute reported. Sanford Nax ...ULI Surveys Discloses Scaled-back Growth Estimates For US Real Estate – (MS ...Property Mentorall 7 news articles »

First Trust Retirement™ To Participate At Real Estate Investment Securities Association (REISA) Conference

KANSAS CITY, Mo., Sept. 27, 2012 /PRNewswire/ -- First Trust Retirement, a premier low-cost leader for self-directed IRAs specializing in alternative investment holdings, announced today it will participate ...

Thomas P. McGuinness Appointed President of Inland American Real Estate Trust, Inc.

Inland American Real Estate Trust, Inc. , announced today the appointment of Thomas P. McGuinness as president of Inland American by the Board of Directors. McGuinness joined Inland in 1982 and has held several executive positions throughout the Inland organization.

Saturday, September 29, 2012

Box Office: Adam Sandler gets much needed hit after 'Hotel Transylvania's' $11 ... - HitFix

Box Office: Adam Sandler gets much needed hit after 'Hotel Transylvania's' $11 ... - HitFix

Box Office: Adam Sandler gets much needed hit after 'Hotel Transylvania's' $11 ... - HitFix

TheHDRoomBox Office: Adam Sandler gets much needed hit after 'Hotel Transylvania's' $11 ...HitFixSony Pictures Animation's "Hotel Transylvania" opened with $11 million on Friday for what could be a $32-36 million weekend. "Transylvania" features the voices of Sandler, Selena Gomez, Andy Samberg and a number of Sandler's buddies including Kevin ...Hotel Transylvania Scores Adam Sandler a Big $11 Million Friday OpeningTheHDRoom'Hotel Transylvania' rules Friday box office with $11 millionOnTheRedCarpet.com'Hotel Transylvania' expects to gross $37 million by Sunday!allvoicesEntertainment Weekly -Hollywood Reporter -TheWrapall 463 news articles »

Abu Dhabi hotel guest target on track - Khaleej Times

Abu Dhabi hotel guest target on trackKhaleej TimesAbu Dhabi remains right on track to attain its 2012 hotel guest target of 2.3 million with figures just-released by Abu Dhabi Tourism and Culture Authority, or TCA Abu Dhabi, showing a 15 per cent guest arrivals increase in the first eight months of ...and more »

'Hotel Transylvania' Tops Box Office on Friday

After a month of consistently awful box office, audiences came back to the movies on Friday for Hotel Transylvania and Looper. Pitch Perfect also did great business in limited release, though not everything was sunshine and rainbows: Won't Back Down performed terribly, and is on track for one of the worst openings of the year. Hotel Transylvania debuted to an estimated $11 million yesterday ...

'Hotel Transylvania' No. 1 on Friday

Adam Sandler's animated monster squad collects $11M, on way to $37M weekend; ''Looper'' is No. 2 ($6.9M)

Hotel Transylvania Scares Away Looper at Friday Box Office - Deadbolt

Hotel Transylvania Scares Away Looper at Friday Box OfficeDeadboltHotel Transylvania took the top spot at the Friday box office with $11 million in ticket sales on its first day to beat the sci-fi thriller Looper. When the early box office estimates were calculated, as reported by Variety, the animated Hotel ...

Over a Quarter of a Million Bees Check in to New York City's Waldorf Astoria

New York City's fabled Waldorf Astoria hotel hardly seems like an appropriate place for a buzzing bee hive, but despite its Park Avenue location and reputation for catering to the city's elite, it recently became home to over half a million bees which now occupy its rooftop terrace.

Summit To Pay $114.6 Million for 10 Hotels - CoStar Group

Summit To Pay $114.6 Million for 10 HotelsCoStar GroupSummit Hotel Properties (NYSE: INN), a real estate investment trust, agreed to purchase two hotel portfolios for $114.6 million. The REIT plans to use the net proceeds from its latest public offering to finance the acquisitions, which are set to close ...Summit Hotel to Offer Shares - Analyst BlogNASDAQSummit Hotel Properties looks to raise $82M with stock offeringBizjournals.comSummit buys 10 US hotels for $114.6 millionHOTELSDailyFinance -RTT News -Commercial Property Executiveall 36 news articles »

Wheelock Street Buys 15 Hotels for $221 Million - CoStar Group

Wheelock Street Buys 15 Hotels for $221 MillionCoStar GroupAffiliates of Wheelock Street Capital completed its purchase of 12 hotels from Inland American Real Estate Trust Inc. and three hotels from Sunstone Hotel Investors Inc. in separate deals for a combined $221 million. Inland American sold 10 Hilton and ...

The 21C Museum Hotels closes on historic downtown building - Lexington Herald Leader

Lexington Herald LeaderThe 21C Museum Hotels closes on historic downtown buildingLexington Herald LeaderThe 15-story First National Building at 167 West Main Street will be converted into a 21c Museum Hotel in an estimated $38 million project. The hotel will include 80 guest rooms, a restaurant and a bar. Herald-LeaderBuy Photo. Related Stories ...and more »

Hotel Monaco's $5 Million Renovation - Salt Lake Magazine (blog)

Salt Lake Magazine (blog)Hotel Monaco's $5 Million RenovationSalt Lake Magazine (blog)Last Wednesday evening, a smiling pixie skirted in hoops of champagne glasses greeted me and other guests as we sipped bubbly, noshed on fare from local restaurants and admired what $5 million can do to transform a whimsical, slightly silly décor into ...

Lower East Side's Blue Moon Hotel Now Asking $16.5 Million - Curbed NY

Curbed NYLower East Side's Blue Moon Hotel Now Asking $16.5 MillionCurbed NYThe PriceChopper appears to have spent some time in one of the hotel's 22 rooms, because the ask is now $16.5 million. It was most recently $19.5 million, and the place has previously asked everywhere from $20 million to $35 million to $29 million.Lower East Side's Blue Moon Hotel Now Asking $16.5MBowery Boogieall 3 news articles »

Summit Hotel to Offer Shares

Summit Hotel Properties, Inc. recently announced the pricing of 12 million shares at $8.15 each to enhance liquidity.

Animated 'Hotel Transylvania' to scare off 'Looper'

"Hotel Transylvania" will suck the life out of its rivals at the box office this weekend, as the animated monster flick is set to dominate ticket sales.

Ga.'s Jekyll Island losing groups over hotel delay

A tax break to promote new Georgia tourist attractions remains unavailable to businesses more than 16 months after the governor signed it into law, and the prolonged wait has already caused Jekyll Island ...

Animated 'Hotel Transylvania' to scare off 'Looper' - Los Angeles Times

Animated 'Hotel Transylvania' to scare off 'Looper'Los Angeles Times"Hotel Transylvania" will suck the life out of its rivals at the box office this weekend, as the animated monster flick is set to dominate ticket sales. The 3-D film should easily claim the No. 1 position with a solid debut of around $35 million ...

Hotel Chandler Undergoes $10 Million Renovation in New York

Designer Jane Capellini takes cues from the hotel's location in a 1905 building.

Hotel Chandler, A Member Of Small Luxury Hotels Of The World, Revamps With $10 Million Floor-To-Ceiling Renovation

NEW YORK, Sept. 27, 2012 /PRNewswire/ -- With a fresh $10 million multi-phase renovation nearly complete, Hotel Chandler, owned and operated by Triumph Hotels, reveals its new guestroom design, updated ...

New €12 million hotel to open at London Southend - Airport World Online

Airport World OnlineNew €12 million hotel to open at London SouthendAirport World OnlineNew €12 million hotel to open at London Southend. Tweet · New €12 million hotel to open at London Southend. A new €12 million hotel is set to open at London Southend Airport. The new Holiday Inn will open its doors on October 1, providing "high quality ...and more »

Stonebridge Companies Multi-Million Dollar Renovation Of The DoubleTree By Hilton Grand Junction Hotel Headlines Grand ...

TripAdvisor 2012 Excellence Award Winner Updates Lobby Spaces, Grand Ballroom And More To Meet Growing Grand Junction Meeting & Group Event Business NeedsGrand Junction, Colorado (PRWEB) September 26, 2012 The DoubleTree by Hilton Grand Junction hotel has put the finishing touches on a comprehensive multi-million dollar hotel renovation project. The updates include new lush carpeting, exquisite ...

$45 Million Guest Room Renovation Underway Redefines Atlanta's Iconic Westin Peachtree Plaza Hotel

The Westin Peachtree Plaza's prominent silhouette has stood out on the skyline as a symbol of Atlanta's southern hospitality for 36 years. The iconic John Portman-designed hotel is steeped in history, from numerous celebrity guests to the many memories made at the revolving Sun Dial restaurant, 72 stories above Atlanta.

Box Office Report: 'Hotel Transylvania' Wins Friday, Headed For Record $38 Mil-Plus Debut

Box Office Report: 'Hotel Transylvania' Wins Friday, Headed For Record $38 Mil-Plus Debut

Box Office Report: 'Hotel Transylvania' Wins Friday, Headed For Record $38 Mil-Plus Debut

"Looper" and musical comedy "Pitch Perfect" also score strong starts; education drama "Won't Back Down" flunks. read more

Box Office Report: 'Hotel Transylvania' Wins Friday, Headed For Record $40 Mil Opening

"Looper" and musical comedy "Pitch Perfect" also score strong starts; education drama "Won't Back Down" flunks. read more

Federal Realty Investment Trust to Participate at the ISI 2012 Real Estate ... - Sacramento Bee

Federal Realty Investment Trust to Participate at the ISI 2012 Real Estate ...Sacramento Bee28, 2012 -- /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced that Donald C. Wood, president and chief executive officer, will participate in a panel discussion at the ISI 2012 Real Estate Conference in New York, NY. Mr. Wood ...Essex Property Trust to Present at the 2012 ISI Annual Real Estate ConferenceEquities.comSunstone Hotel Investors, Inc. to Participate at the ISI Group 2012 Real ...ReutersGeneral Growth Properties To Present At The ISI Real Estate ConferenceDaily Marketsall 50 news articles »

American Realty Capital Trust III Announces the Close of Its Fund's Offering ... - Sacramento Bee

American Realty Capital Trust III Announces the Close of Its Fund's Offering ...Sacramento BeeNEW YORK, Sept. 28, 2012 -- /PRNewswire/ -- American Realty Capital Trust III, Inc. ("ARCT III" or the "Company") announced today that is has closed its fund, a national portfolio of single-tenant properties, net leased to investment grade and ...and more »

Prime Group Realty Trust Releases Second Quarter 2012 Financial Statements - Sacramento Bee

Prime Group Realty Trust Releases Second Quarter 2012 Financial StatementsSacramento BeeCHICAGO, Sept. 28, 2012 -- /PRNewswire/ -- Prime Group Realty Trust (OTC Pink: PMGEP) (the "Company") announced today that it released its "Financial Statements for the Quarter Ended June 30, 2012". The Financial Statements, which are prepared in ...PIEDMONT OFFICE REALTY TRUST, INC. : PIEDMONT OFFICE REALTY ...4-tradersPrime Group Realty Trust Enters Merger Agreement With Five Mile Capital ...TheStreet.com (press release)all 21 news articles »

NorthWest Healthcare Properties Real Estate Investment Trust Announces ... - Sacramento Bee

NorthWest Healthcare Properties Real Estate Investment Trust Announces ...Sacramento Bee28, 2012 -- /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the "REIT") announced today that it has completed the previously announced acquisition of 84% (45,770 square feet) of the office condominium units and ...GT Canada Medical Properties REIT announces proposed acquisition of C$170 ...SYS-CON Media (press release)all 15 news articles »

Healthcare Realty Trust Completes Offering Of 9200000 Shares Of Common Stock - Sacramento Bee

Healthcare Realty Trust Completes Offering Of 9200000 Shares Of Common StockSacramento Bee28, 2012 -- /PRNewswire/ -- Healthcare Realty Trust Incorporated (NYSE: HR) announced the completion of its underwritten public offering of 9,200,000 newly issued shares of common stock at a public offering price of $22.85 per share for total gross ...and more »

Pure Industrial Real Estate Trust Successfully Closes Previously Announced ... - Stockhouse

Pure Industrial Real Estate Trust Successfully Closes Previously Announced ...Stockhouse28, 2012 /CNW/ - Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (TSX: AAR.UN) today announced the successful closing of agreements for five fully leased single tenanted, income producing industrial properties for an aggregate purchase price ...Dundee REIT Announces Pricing of Dundee Industrial REIT IPOMelodika.net (press release)all 3 news articles »

Blackstone to Buy Capital Trust Unit - Analyst Blog - NASDAQ

Blackstone to Buy Capital Trust Unit - Analyst BlogNASDAQThe Blackstone Group LP ( BX ) has reached an agreement with real estate finance company - Capital Trust, Inc. ( CT ) - to acquire the latter's investment unit. Further, the company is set to purchase 18.2% stake in Capital Trust, giving it the ...Capital Trust To Sell Investment Management Platform To BlackstoneSacramento BeeBlackstone takes stake in Capital TrustReutersBlackstone to Buy Capital Trust UnitZacks.com4-traders -Private Equity Hub (press release)all 20 news articles »

PriceChopper: Lower East Side's Blue Moon Hotel Now Asking $16.5 Million

Will someone please just buy the Blue Moon Hotel already? The Lower East Side building has been on the market for about seven years by this point, and has just changed things up a little with a new listing from...

Real Money Buy: A Retail REIT to Buy Now - DailyFinance

Real Money Buy: A Retail REIT to Buy NowDailyFinanceYou may have heard the old saw that investing in real estate is all about location, location, location, but when it comes to investing in real estate investment trusts (REITs), I believe it's all about management, management, management. That's why I'm ...and more »

First Trust Retirement™ To Participate At Real Estate Investment Securities ... - Sacramento Bee

First Trust Retirement™ To Participate At Real Estate Investment Securities ...Sacramento BeeKANSAS CITY, Mo., Sept. 27, 2012 -- /PRNewswire/ -- First Trust Retirement, a premier low-cost leader for self-directed IRAs specializing in alternative investment holdings, announced today it will participate in the 2012 REISA Annual Conference and ...

Summit Hotel to Offer Shares

Summit Hotel Properties, Inc. recently announced the pricing of 12 million shares at $8.15 each to enhance liquidity.

Animated 'Hotel Transylvania' to scare off 'Looper'

"Hotel Transylvania" will suck the life out of its rivals at the box office this weekend, as the animated monster flick is set to dominate ticket sales.

Ga.'s Jekyll Island losing groups over hotel delay

A tax break to promote new Georgia tourist attractions remains unavailable to businesses more than 16 months after the governor signed it into law, and the prolonged wait has already caused Jekyll Island ...

Hotel Chandler Undergoes $10 Million Renovation in New York

Designer Jane Capellini takes cues from the hotel's location in a 1905 building.

Hotel Chandler, A Member Of Small Luxury Hotels Of The World, Revamps With $10 Million Floor-To-Ceiling Renovation

NEW YORK, Sept. 27, 2012 /PRNewswire/ -- With a fresh $10 million multi-phase renovation nearly complete, Hotel Chandler, owned and operated by Triumph Hotels, reveals its new guestroom design, updated ...

Stonebridge Companies Multi-Million Dollar Renovation Of The DoubleTree By Hilton Grand Junction Hotel Headlines Grand ...

TripAdvisor 2012 Excellence Award Winner Updates Lobby Spaces, Grand Ballroom And More To Meet Growing Grand Junction Meeting & Group Event Business NeedsGrand Junction, Colorado (PRWEB) September 26, 2012 The DoubleTree by Hilton Grand Junction hotel has put the finishing touches on a comprehensive multi-million dollar hotel renovation project. The updates include new lush carpeting, exquisite ...

Cominar Real Estate Investment Trust Named Top 25 Dividend Stock With 5.98 ... - Forbes

Cominar Real Estate Investment Trust Named Top 25 Dividend Stock With 5.98 ...ForbesCominar Real Estate Investment Trust (Toronto: CUF-UN) has been named as a Top 25 dividend stock, according the most recent Canada Stock Channel "DividendRank" report. The report noted that among the coverage universe, CUF.UN shares displayed ...and more »

$45 Million Guest Room Renovation Underway Redefines Atlanta's Iconic Westin Peachtree Plaza Hotel

The Westin Peachtree Plaza's prominent silhouette has stood out on the skyline as a symbol of Atlanta's southern hospitality for 36 years. The iconic John Portman-designed hotel is steeped in history, from numerous celebrity guests to the many memories made at the revolving Sun Dial restaurant, 72 stories above Atlanta.

Friday, September 28, 2012

Healthcare Realty Trust Completes Offering Of 9200000 Shares Of Common Stock - Sacramento Bee

Healthcare Realty Trust Completes Offering Of 9200000 Shares Of Common Stock - Sacramento Bee

Healthcare Realty Trust Completes Offering Of 9200000 Shares Of Common Stock - Sacramento Bee

Healthcare Realty Trust Completes Offering Of 9200000 Shares Of Common StockSacramento Bee28, 2012 -- /PRNewswire/ -- Healthcare Realty Trust Incorporated (NYSE: HR) announced the completion of its underwritten public offering of 9,200,000 newly issued shares of common stock at a public offering price of $22.85 per share for total gross ...and more »

Pure Industrial Real Estate Trust Successfully Closes Previously Announced ... - Stockhouse

Pure Industrial Real Estate Trust Successfully Closes Previously Announced ...Stockhouse28, 2012 /CNW/ - Pure Industrial Real Estate Trust ("PIRET" or the "REIT") (TSX: AAR.UN) today announced the successful closing of agreements for five fully leased single tenanted, income producing industrial properties for an aggregate purchase price ...and more »

Prime Group Realty Trust Releases Second Quarter 2012 Financial Statements - iStockAnalyst

Prime Group Realty Trust Releases Second Quarter 2012 Financial StatementsiStockAnalystCHICAGO, Sept. 28, 2012 /PRNewswire/ -- Prime Group Realty Trust (OTC Pink: PMGEP) (the "Company") announced today that it released its "Financial Statements for the Quarter Ended June 30, 2012". The Financial Statements, which are prepared in ...Prime Group Realty Trust Enters Merger Deal With Five Mile Capital PartnersNASDAQPIEDMONT OFFICE REALTY TRUST, INC. : PIEDMONT OFFICE REALTY ...4-tradersPrime Group Realty Trust Enters Merger Agreement With Five Mile Capital ...TheStreet.com (press release)all 19 news articles »

Blackstone to Buy Capital Trust Unit - Analyst Blog - NASDAQ

Blackstone to Buy Capital Trust Unit - Analyst BlogNASDAQThe Blackstone Group LP ( BX ) has reached an agreement with real estate finance company - Capital Trust, Inc. ( CT ) - to acquire the latter's investment unit. Further, the company is set to purchase 18.2% stake in Capital Trust, giving it the ...Capital Trust To Sell Investment Management Platform To BlackstoneSacramento BeeBlackstone to Buy Capital Trust UnitZacks.comBlackstone takes stake in Capital TrustReuters4-traders -Private Equity Hub (press release)all 20 news articles »

Essex Property Trust to Present at the 2012 ISI Annual Real Estate Conference - Equities.com

Essex Property Trust to Present at the 2012 ISI Annual Real Estate ConferenceEquities.comPALO ALTO, CA -- (Marketwire) -- 09/28/12 -- Essex Property Trust, Inc. (NYSE: ESS) announced today that Michael J. Schall -- President and CEO will be participating in a panel at the 2012 ISI Annual Real Estate Conference on Tuesday, October 2, 2012, ...Sunstone Hotel Investors, Inc. to Participate at the ISI Group 2012 Real ...ReutersFEDERAL REALTY INVESTMENT TRUST : to Participate at the ISI 2012 Real ...4-tradersGeneral Growth Properties to Present at the ISI Real Estate ConferenceSacramento Beeall 42 news articles »

NorthWest Healthcare Properties Real Estate Investment Trust Announces ... - Stockhouse

NorthWest Healthcare Properties Real Estate Investment Trust Announces ...StockhouseNorthWest Healthcare Properties Real Estate Investment Trust Announces Completion of Toronto and Ottawa Acquisitions and Calgary Financing. TORONTO, Sept. 28, 2012 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.GT Canada Medical Properties REIT announces proposed acquisition of C$170 ...Sacramento BeeNorthWest Healthcare Properties REIT announces time for issuance of third ...The Herald | HeraldOnline.comall 14 news articles »

Real Money Buy: A Retail REIT to Buy Now - DailyFinance

Real Money Buy: A Retail REIT to Buy NowDailyFinanceYou may have heard the old saw that investing in real estate is all about location, location, location, but when it comes to investing in real estate investment trusts (REITs), I believe it's all about management, management, management. That's why I'm ...Net Lease Assets Selling FastNuWire Investorall 3 news articles »

First Trust Retirement™ To Participate At Real Estate Investment Securities ... - Sacramento Bee

First Trust Retirement™ To Participate At Real Estate Investment Securities ...Sacramento BeeKANSAS CITY, Mo., Sept. 27, 2012 -- /PRNewswire/ -- First Trust Retirement, a premier low-cost leader for self-directed IRAs specializing in alternative investment holdings, announced today it will participate in the 2012 REISA Annual Conference and ...

American Realty Capital Trust Announces Monthly Distribution for October 2012 - Sacramento Bee

American Realty Capital Trust Announces Monthly Distribution for October 2012Sacramento BeeNEW YORK, Sept. 27, 2012 -- /PRNewswire/ -- American Realty Capital Trust, Inc. (the "Company") (NASDAQ: ARCT) announced today that, pursuant to the prior authorization of its board of directors, the Company intends to continue payment of its monthly ...and more »

Shadow banking looms over China - Reuters

Shadow banking looms over ChinaReutersTrusts lend money to real-estate companies at interest rates of 15% and, in some cases, as high as 80%, according to bankers. Those rates are much higher than they return to investors. Trusts, typically, yielded 12%-15% returns, KPMG said. It is those ...and more »

Former Navy hotel, base housing to be sold to property management company

Posted Sept. 26, 2012, at 8:46 p.m. BRUNSWICK, Maine — The Midcoast Regional Redevelopment Authority has approved the sale of two buildings at the former Brunswick Naval Air Station which will bring the organization a financial windfall of $6 million.

Crestwood Court redevelopment receives lukewarm response

A plan to tear down most of the nearly-empty Crestwood Court and transform it into an outdoor entertainment destination is shifting into higher gear.

Brunswick base agency to sell 248-room hotel

The deal with an Auburn developer would net the redevelopment agency $6 million.

Council approves loan to redevelopment commission

Ordinance 2012-18, authorizing the loan from the Electric Liquidation Fund to the Redevelopment Commission for improvements to the North Industrial Park, recently was unanimously approved by the Rushville Common Council.

Three Innovative Lenders Serving Distressed Communities Win $8.25 Million from "NEXT Awards" Program

They've been called bold, visionary, and innovative for bringing financial services to some of the country's most distressed communities. Today, they learned they have been awarded

Bloomingdale approves $1.3 million for Springbrook redeveloment

In an effort to keep Caputo's Fresh Market in town, Bloomingdale officials voted Monday to provide $1.3 million in support of a redevelopment plan for Springbrook Shopping Center on Lake Street. The store's lease is expired but the owners want to stay and expand, and officials called this the 'Number 1 priority."

McKenzie Pool redevelopment enters design stage

The $2.2 million redevelopment of Petone's McKenzie Pool is currently in the detailed design stage with documents being prepared by designers LHT Design Ltd in order to submit a resource application to Hutt City Council in November 2012.

Work Begins on WVU Law School Renovation

The renovation is a part of the $250 million Evansdale campus redevelopment - which includes plans to create six new buildings, including a new student union.

Museum seeking sponsors

Corporate sponsorship holds the key to completing community fundraising for the $40 million redevelopment of the Toitu Otago Settlers Museum, museum organisers say. read more

Hospital facelift to avoid disruption

Officials in charge of an almost $80-million redevelopment of Dubbo Base Hospital have pledged "no disruptions" to patients and staff.

TEXT-Fitch: London focused REIT's benefit from flight to safety - Reuters

TEXT-Fitch: London focused REIT's benefit from flight to safety - Reuters

TEXT-Fitch: London focused REIT's benefit from flight to safety - Reuters

TEXT-Fitch: London focused REIT's benefit from flight to safetyReutersSept 28 - Fitch Ratings says there is an increasing dislocation between commercial real estate investment volumes in London and major eurozone cities. Funding stress and more difficult rental markets widening property yields in periphery Europe is not ...and more »

CBRE Commits $1M to Fund Green Building Research for Commercial Real Estate - Green-Buildings.com

CBRE Commits $1M to Fund Green Building Research for Commercial Real EstateGreen-Buildings.comOn September 26, 2012, at the Climate Group's ClimateWeek NYC, CBRE Group Inc. announced $1 million in funding for green building research in the commercial real estate sector. The funding is a component of the Real Green Research Challenge, which ...

Melbourne Still Lags in Australia's Property Markets - World Property Channel

Melbourne Still Lags in Australia's Property MarketsWorld Property ChannelIt won't be until 2014 when commercial, industrial and residential real estate markets in most Australian major cities begin to recover, according to a new report from the Australian Property Institute. Melbourne, particularly, still waits for home ...and more »

Property Funds, Bonds Supplant Europe Lenders: Mortgages - Businessweek

Property Funds, Bonds Supplant Europe Lenders: MortgagesBusinessweekWith banks in Europe unwilling or unable to offer more than five-year loans, opportunities are expanding for non-bank lenders to offer commercial mortgages with maturities as long as 20 years. Axa Real Estate Investment Managers is raising additional ...and more »

The Pipeline: Commercial real estate roundup for 9.28.12 - RichmondBizSense

RichmondBizSenseThe Pipeline: Commercial real estate roundup for 9.28.12RichmondBizSenseThe Pipeline: Commercial real estate roundup for 9.28.12. David Larter September 28, 2012 0. Colliers International announced the following deals: Community Housing Partners purchased 19,800 square feet at 4915 Radford Ave. in Henrico from Hill-Davis, ...

Commercial Real Estate: For tech firms seeking to expand, things are looking up - Puget Sound Business Journal

Commercial Real Estate: For tech firms seeking to expand, things are looking upPuget Sound Business Journal... in Seattle's Denny Triangle neighborhood. At 3.3 million square feet, the three-block development is downtown's largest office project ever. Expedia, Zillow, ... Marc Stiles covers commercial real estate and government for the Puget Sound Business ...and more »

Commercial real estate deal shows women's rise in industry - Austin Business Journal

Commercial real estate deal shows women's rise in industryAustin Business JournalA recent commercial real estate deal in Austin demonstrates that women are coming into their own in an industry dominated by men. Dana Markus-Wolf, owner of Landmark Surveying LP, recently bought a single-tenant commercial building in East Austin from ...

'Slotting' funds to ensure risks arising from property lending are covered could curb lending and force sales

Proposals to formalise the practice of banks holding more funds to cover potential losses on property lending could have a dramatic effect on both the commercial property market and the wider economy, a new report has claimed.

REAL ESTATE: Riverside Plaza sells for $84 million - Press-Enterprise

Press-EnterpriseREAL ESTATE: Riverside Plaza sells for $84 millionPress-EnterpriseA real estate company that specializes in open-air shopping centers has acquired Riverside Plaza, the city's oldest shopping center and one of its most popular retail destinations. Vestar, a Phoenix-based firm that develops and manages retail ...and more »

Commercial(Real Estate Notes - STLtoday.com

Commercial(Real Estate NotesSTLtoday.comGateway Commercial | Cushman & Wakefield Alliance represented parties in these transactions: — Racanelli Properties LLC in the sale a 4,675-square-foot-retail building at 6717 Vernon Avenue, University City, to Byronco LLC. — Mapleview Holdings Inc ...

Chief D.C. tax appraiser's work history in question

The District's chief tax appraiser, who is facing questions over his role in the lowering of hundreds of commercial property values, stated on his 2011 job application that he left a prior job in Georgia because his contract was completed, even though he had sued his former employer after he was terminated. Read full article >>

Property Industry Welcomes Changes to IRD Policy

Changes to Inland Revenue Department's proposed lease inducement policy announced today by the Minister of Revenue, Hon Peter Dunne, have been welcomed by commercial property advocate Property Council New Zealand.

Survey: Commercial real estate projections less optimistic - Bizjournals.com

Journal Record (subscription)Survey: Commercial real estate projections less optimisticBizjournals.comReal estate economists and analysts have scaled back expectations for expansion of the U.S. economy and underpinnings of commercial real estate, but continue to forecast robust single-family home sales, the Urban Land Institute reported. Sanford Nax ...ULI Survey Scales Back Commercial Real Estate PredictionsCommercial Property Executive (blog)ULI Real Estate Consensus Forecast Shows Reduced Optimism About Short ...Sacramento BeeULI Surveys Discloses Scaled-back Growth Estimates For US Real Estate – (MS ...Property MentorGlobeSt.com -Journal Record (subscription)all 7 news articles »

County takes new approach to reappraisal of commercial properties

In recent weeks, commercial property owners received a letter and form in the mail requesting rental and expense information regarding the property in order to help with Archuleta's County's 2013 reappraisal.

Gladstone Commercial Corporation Announces Property Acquisition in Jupiter, FL

MCLEAN, Va., Sept. 27, 2012 /PRNewswire/ --  Gladstone Commercial Corporation (NASDAQ: GOOD) (the "Company") reported today that it purchased a 60,000 square foot office building located in Jupiter, ...

Service charges can form part of rent for VAT purposes where transactions "closely linked"

Charges for cleaning and maintenance in respect of a commercial property lease may be treated as part of the rental of that property, and therefore exempt from value added tax (VAT), where the two charges are "closely linked", the European Court of Justice (ECJ) has ruled.

PROPERTY NEWS: Sunway's commercial units see 80% uptake

BRISK SALES: Sunway proves that it continues to be on top of the game in the commercial property market with its latest phases of developments in Sunway Geo, Sunway Velocity and Sunway Wellesley garnering over 80 per cent uptake during previews.

Commercial Property Sales Outlook for U.S. Cut by ULI

The Urban Land Institute cut its forecast for U.S. commercial real estate sales by 12 percent to $748 billion through 2014 because projections for economic growth are "down considerably" from six months ago.

Perth 'must brace for property correction

BIS chief economist Frank Gelber is forecasting a correction in Perth's commercial property market in 2015 or 2016 but says it is too early to say whether the landing will be hard or soft.

American Spectrum Realty Named in Top 25 Largest Houston-Area Commercial Property Owners List

American Spectrum Realty, Inc. , a real estate investment, management and leasing company headquartered in Houston, Texas, is proud to announce that it was named in this year's Top 25 Houston Area Commercial Property Owners.

Thursday, September 27, 2012

Deal to build tower on church land benefits city and county - Houston Chronicle

Deal to build tower on church land benefits city and county - Houston Chronicle

Deal to build tower on church land benefits city and county - Houston Chronicle

Deal to build tower on church land benefits city and countyHouston ChronicleA recently finalized deal to build an office tower in a church's parking lot could add more than $1 million in tax revenue to local coffers. Earlier this month, Houston's First Baptist Church said it plans to lease its nearly 4-acre parking lot to the ...

Chief D.C. tax appraiser's work history in question

The District's chief tax appraiser, who is facing questions over his role in the lowering of hundreds of commercial property values, stated on his 2011 job application that he left a prior job in Georgia because his contract was completed, even though he had sued his former employer after he was terminated. Read full article >>

Property Industry Welcomes Changes to IRD Policy

Changes to Inland Revenue Department's proposed lease inducement policy announced today by the Minister of Revenue, Hon Peter Dunne, have been welcomed by commercial property advocate Property Council New Zealand.

Property Funds, Bonds Supplant Europe Lenders: Mortgages - Businessweek

Property Funds, Bonds Supplant Europe Lenders: MortgagesBusinessweek... potential borrowers who have nowhere else to go," he said. New bank loans for European commercial real estate fell by about 77 percent to 47.6 billion euros between 2007 and 2011, Michael Haddock, CBRE Group Inc. (CBG) research director, estimates.and more »

REAL ESTATE: Riverside Plaza sold for $84 million - Press-Enterprise

REAL ESTATE: Riverside Plaza sold for $84 millionPress-EnterpriseA real estate company that specializes in open-air shopping centers has acquired Riverside Plaza, the city's oldest shopping center and one of its most popular retail destinations. Vestar, a Phoenix-based firm that develops and manages retail ...

Survey: Commercial real estate projections less optimistic - Bizjournals.com

Journal Record (subscription)Survey: Commercial real estate projections less optimisticBizjournals.comReal estate economists and analysts have scaled back expectations for expansion of the U.S. economy and underpinnings of commercial real estate, but continue to forecast robust single-family home sales, the Urban Land Institute reported. Sanford Nax ...ULI Survey Scales Back Commercial Real Estate PredictionsCommercial Property Executive (blog)ULI Real Estate Consensus Forecast Shows Reduced Optimism About Short ...Sacramento BeeULI Surveys Discloses Scaled-back Growth Estimates For US Real Estate – (MS ...Property MentorGlobeSt.com -Journal Record (subscription)all 7 news articles »

County takes new approach to reappraisal of commercial properties

In recent weeks, commercial property owners received a letter and form in the mail requesting rental and expense information regarding the property in order to help with Archuleta's County's 2013 reappraisal.

DeWitt to Steer Council With Passion for Real Estate - Memphis Daily News

Memphis Daily NewsDeWitt to Steer Council With Passion for Real EstateMemphis Daily News"At that time, those guys were blowing and going with a bunch of FedEx work and I was just some kid (thinking), 'Wow, you guys are doing big business here.' It was a great entrée into commercial real estate." Professional relationships drew deWitt to ...

Gladstone Commercial Corporation Announces Property Acquisition in Jupiter, FL

MCLEAN, Va., Sept. 27, 2012 /PRNewswire/ --  Gladstone Commercial Corporation (NASDAQ: GOOD) (the "Company") reported today that it purchased a 60,000 square foot office building located in Jupiter, ...

Commercial realty sees revival in Mumbai, Chennai - mydigitalfc.com

Commercial realty sees revival in Mumbai, Chennaimydigitalfc.comCommercial real estate, which witnessed a long lull for almost a year, seems to be reviving in cities like Mumbai, Chennai and Bangalore, while other cities continue to witness slow growth due to oversupply situation. According to a Cushman and ...and more »

Commercial/Multifamily Quarterly Data Book for Q2 2012 Released by MBA - LoanSafe

Housing WireCommercial/Multifamily Quarterly Data Book for Q2 2012 Released by MBALoanSafeThe report includes a summary of major trends during the quarter and detailed charts and tables providing historical information on the commercial/multifamily real estate markets. Among the findings covered in second quarter Data Book: - Commercial and ...MBA: Multifamily and commercial originations jump 25% in 2QHousing WireMBA Releases Commercial/Multifamily Quarterly Data Book for Q2 2012RealEstateRama (press release)all 3 news articles »

CBRE puts up $1M to fund green building research - Bizjournals.com (blog)

Commercial Property Executive (blog)CBRE puts up $1M to fund green building researchBizjournals.com (blog)CBRE Group Inc. is launching a $1 million initiative to fund green building research that helps reduce water and energy use in the commercial real estate sector. The company announced the launch of its Real Green Research Challenge Wednesday at ...CBRE Introduces Sustainability Research ProgramCommercial Property Executive (blog)CBRE Commits $1M To Fund Sustainability Research - Daily News ArticleGlobeSt.comCBRE To Fund Sustainability ResearchCoStar Groupall 4 news articles »

Service charges can form part of rent for VAT purposes where transactions "closely linked"

Charges for cleaning and maintenance in respect of a commercial property lease may be treated as part of the rental of that property, and therefore exempt from value added tax (VAT), where the two charges are "closely linked", the European Court of Justice (ECJ) has ruled.

US DATA: MBA Q2 Commercial Real Estate/Multifamily… - ForexLive (blog)

US DATA: MBA Q2 Commercial Real Estate/Multifamily…ForexLive (blog)US DATA: MBA Q2 Commercial Real Estate/Multifamily… By Market News International || September 27, 2012 at 13:40 GMT. || 0 comments || Add comment. US DATA: MBA Q2 Commercial Real Estate/Multifamily Finance Quarterly says major trends incl ...and more »

PROPERTY NEWS: Sunway's commercial units see 80% uptake

BRISK SALES: Sunway proves that it continues to be on top of the game in the commercial property market with its latest phases of developments in Sunway Geo, Sunway Velocity and Sunway Wellesley garnering over 80 per cent uptake during previews.

Commercial Property Sales Outlook for U.S. Cut by ULI

The Urban Land Institute cut its forecast for U.S. commercial real estate sales by 12 percent to $748 billion through 2014 because projections for economic growth are "down considerably" from six months ago.

Commercial Property Sales Outlook for US Cut by ULI - Businessweek

gulfnews.comCommercial Property Sales Outlook for US Cut by ULIBusinessweekThe Urban Land Institute cut its forecast for U.S. commercial real estate sales by 12 percent to $748 billion through 2014 because projections for economic growth are "down considerably" from six months ago. Deals for properties such as office ...WASHINGTON, Sept. 26, 2012 — Survey of 39 Leading Economists Shows ...The Herald | HeraldOnline.comExecutive Watch LibraryGlobeSt.comCEIBS Hosts 3rd China Real Estate ForumMelodika.net (press release)all 15 news articles »

Offices, Commercial Land, Restaurants, Homes Among Properties to Sell in Three-Day Auction of Bank-Owned Georgia ...

Office buildings, commercial buildings, land and even a church will be among 175 properties selling in a three-day series of auctions Oct. 16, 17 and 18.

Perth 'must brace for property correction

BIS chief economist Frank Gelber is forecasting a correction in Perth's commercial property market in 2015 or 2016 but says it is too early to say whether the landing will be hard or soft.

American Spectrum Realty Named in Top 25 Largest Houston-Area Commercial Property Owners List

American Spectrum Realty, Inc. , a real estate investment, management and leasing company headquartered in Houston, Texas, is proud to announce that it was named in this year's Top 25 Houston Area Commercial Property Owners.

IIROC: Halt, Lakeview Hotel Real Estate Investment Trust Debentures

IIROC: Halt, Lakeview Hotel Real Estate Investment Trust Debentures

IIROC: Halt, Lakeview Hotel Real Estate Investment Trust Debentures

VANCOUVER, BRITISH COLUMBIA-- - The following issues have been halted by IIROC / L'OCRCVM a suspendu la negociation des titres suivants :---------------------------------------------------------------------------Company / Societe : Lakeview Hotel Real Estate Investment Trust Debentures ---------------------------------------------------------------------------TSX-Venture ...

IIROC: Halt, Canada Medical Properties Real Estate Investment Trust

VANCOUVER, BRITISH COLUMBIA-- - The following issues have been halted by IIROC / L'OCRCVM a suspendu la negociation des titres suivants :---------------------------------------------------------------------------Company / Societe : Canada Medical Properties Real Estate Investment Trust ---------------------------------------------------------------------------TSX-Venture ...

GT Canada Medical Properties REIT announces proposed acquisition of C$170 million portfolio of International ...

TORONTO, Sept. 27, 2012 /CNW/ - GT Canada Medical Properties Real Estate Investment Trust (TSX-V:MOB.UN) ("GT Canada") and Northwest Value Partners Inc. ("NorthWest") announced today ...

Three Innovative Lenders Serving Distressed Communities Win $8.25 Million ... - PYMNTS.com

Three Innovative Lenders Serving Distressed Communities Win $8.25 Million ...PYMNTS.comThis morning, Opportunity Finance Network announced the three recipients of the NEXT Opportunity Awards, a pool of $8.25 million. These innovative lenders—Primary Care Development Corporation, Clearinghouse CDFI, and Corporation for Supportive ...and more »

Councillors back castle redevelopment - The Northern Echo

Councillors back castle redevelopmentThe Northern EchoCOUNCILLORS have thrown their weight behind multi-million plans to redevelop Auckland Castle into a major tourist attraction. Members of Bishop Auckland Town Council heard from Rowena Hackwood, chief executive of the castle on Tuesday night about ...and more »

Value of major development applications in the northeast doubles in the past year - Herald Sun

Value of major development applications in the northeast doubles in the past yearHerald SunThese include the $9.5 million Modbury Hospital redevelopment, the $8.7 million multi-storey carpark at the Modbury Interchange and a $6.2 million housing development on North East Rd. Mayor Miriam Smith said the figures were promising for the future ...and more »

Lansdowne redevelopment over budget - CTV News

580 CFRA RadioLansdowne redevelopment over budgetCTV NewsThe Lansdowne Park redevelopment is expected to cost about $12 million more than first projected. The number came out of highly-anticipated report updating the redevelopment costs and plans. The stadium will be $3.3 million more than first thought, ...Lansdowne redevelopment ready to go aheadMetroNews CanadaLansdowne Park Redevelopment $12M Overbudget580 CFRA RadioLansdowne naming rights estimate of $50M questionedCBC.caOttawa Citizen -Ottawa Sun -Open File (blog)all 39 news articles »

HUD examines how $23 million was used locally - Sarasota Herald-Tribune

HUD examines how $23 million was used locallySarasota Herald-TribuneLast Modified: Wednesday, September 26, 2012 at 1:11 p.m.. SARASOTA - Two auditors from the U.S. Department of Housing and Urban Development are reviewing how local officials used $23 million in recovery funds that went toward rehabbing homes.and more »

NorthWest Healthcare Properties REIT announces time for issuance of third quarter results and conference call

TORONTO, Sept. 26, 2012 /CNW/ - NorthWest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (the "REIT") will issue its financial results for the period ending September 30, 2012 ...

Toxic soil may delay Victoria Square's makeover - Herald Sun

Toxic soil may delay Victoria Square's makeoverHerald SunVICTORIA Square soil is at extreme risk of having been contaminated, which would have catastrophic consequences for its $24 million redevelopment. A city council report has revealed the risk, however, the council has refused to detail which chemicals ...and more »

LCRA approves up to $19 million in bonds for Wells Fargo expansion - Bizjournals.com

LCRA approves up to $19 million in bonds for Wells Fargo expansionBizjournals.comThe city of St. Louis' Land Clearance for Redevelopment Authority (LCRA) has approved up to $19 million in bonds for Wells Fargo Advisors' planned $32 million expansion of its downtown campus. The LCRA on Tuesday approved a resolution authorizing ...

KBS Strategic Opportunity REIT Closes on Three-Building Office Complex in Atlanta

KBS Strategic Opportunity REIT, Inc. , a public non-traded real estate investment trust headquartered in Newport Beach, Calif., has acquired Powers Ferry Landing East, a 393,502-square-foot, mid-rise office complex in Atlanta.

The Pros and Cons of Rental Real Estate

We retirees know we don't get any interest income from our bank deposits. And who can blame us if we don't trust Wall Street enough to invest our hard-earned savings in the stock market? Therefore, owning and renting real estate may be an investment option that looks more and more appealing to people no longer working. If you play it right, you can generate a regular, unending stream of extra ...

McKenzie Pool redevelopment enters design stage - Voxy

McKenzie Pool redevelopment enters design stageVoxyThe $2.2 million redevelopment of Petone's McKenzie Pool is currently in the detailed design stage with documents being prepared by designers LHT Design Ltd in order to submit a resource application to Hutt City Council in November 2012. To allow the ...and more »

Two multi-million dollar developments planned for Hobart's waterfront are ... - ABC Online

Two multi-million dollar developments planned for Hobart's waterfront are ...ABC OnlineSquare delays. The $100 million redevelopment of the Parliament Square precinct in Hobart is also facing more delays, after the Supreme Court upheld an appeal against it. An appeal by the Save 10 Murray lobby group was upheld against Citta Property ...and more »

Dallas' Patriot Tower $40M redevelopment project up for major city incentives - Dallas Business Journal

Dallas' Patriot Tower $40M redevelopment project up for major city incentivesDallas Business JournalThe $40 million redevelopment proposal includes updating about 300,000 square feet of office space and converting a portion of the office building to at least 210 apartment units, according to city documents. However, the project relies on city ...

Thomas P. McGuinness Appointed President of Inland American Real Estate Trust, Inc.

Inland American Real Estate Trust, Inc. , announced today the appointment of Thomas P. McGuinness as president of Inland American by the Board of Directors. McGuinness joined Inland in 1982 and has held several executive positions throughout the Inland organization.

Washington Real Estate Investment Trust Named to Washington Business Journal's List of Greater Washington's Healthiest ...

Washington Real Estate Investment Trust was named one of Greater Washington's Healthiest Employers by the Washington Business Journal on September 20, 2012, rank

Arbor Realty Trust Closes Collateralized Loan Obligation

UNIONDALE, N.Y. -- Arbor Realty Trust, Inc. , a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, ...

Winthrop Realty Trust Invites You to Join Its Third Quarter 2012 Earnings Conference Call

BOSTON -- Winthrop Realty Trust ("Winthrop") , a leading opportunistic real estate investor, announced that on Thursday, November 1, 2012 it will release its third quarter 2012 results prior ...

Wednesday, September 26, 2012

Lansdowne naming rights estimate of $50M questioned

Lansdowne naming rights estimate of $50M questioned

Lansdowne naming rights estimate of $50M questioned

Ottawa's city manager says corporate naming rights for the stadium and retail area of Lansdowne Park are worth $50 million, but critics say the projected value is overly optimistic.

Standard Life Fund to Buy More Property Stocks to Boosts Returns - Businessweek

Standard Life Fund to Buy More Property Stocks to Boosts ReturnsBusinessweekStandards Life Investments, Edinburgh's largest fund manager, plans to buy more real estate stocks in the U.S. and Asia and sell some properties in Brazil and Poland to improve the performance of one of its funds. The firm's 522 million-pound ($849 ...and more »

Ireka eyes new MRT jobs; also plans property projects worth RM1.9bil - The Star Online

The Star OnlineIreka eyes new MRT jobs; also plans property projects worth RM1.9bilThe Star OnlinePETALING JAYA: Construction and property outfit Ireka Corp Bhd is eyeing for more civil engineering jobs from the Mass Rapid Transit project, while also stepping up its property development business with projects worth RM1.9bil in gross development ...and more »

Dallas commercial property firm moves to new digs in Trammell Crow Center - Dallas Morning News (blog)

Dallas Morning News (blog)Dallas commercial property firm moves to new digs in Trammell Crow CenterDallas Morning News (blog)One of Dallas' busiest commercial property firms has made a new move – across the street to a 40,000-square-foot headquarters location. Stream Realty Partners L.P. relocated its downtown Dallas headquarters from the Chase Tower on Ross Avenue to ...Stream Realty Takes Occupancy of New Digs in Trammell Crow CenterD MagazineStream Realty moves to new HQ space at Trammell Crow CenterBizjournals.comall 3 news articles »

Commercial Property Sales Outlook for US Cut by ULI - Businessweek

Morning WhistleCommercial Property Sales Outlook for US Cut by ULIBusinessweekThe Urban Land Institute cut its forecast for U.S. commercial real estate sales by 12 percent to $748 billion through 2014 because projections for economic growth are "down considerably" from six months ago. Deals for properties such as office ...Commercial property market prognosticators scale back their outlookDallas Morning News (blog)WASHINGTON, Sept. 26, 2012 — Survey of 39 Leading Economists Shows ...The Herald | HeraldOnline.comall 16 news articles »

Inland American Appoints McGuinness President - Commercial Property Executive (blog)

Inland American Appoints McGuinness PresidentCommercial Property Executive (blog)"Consistent with the REIT itself, we want to continue to maintain our monthly distribution to our shareholders, and also make sure we're growing the capital, which are really the assets themselves," McGuinness told Commercial Property Executive. The ...

Park Ridge may fight property tax appeals - Chicago Tribune

Park Ridge may fight property tax appealsChicago TribuneAldermen meeting Monday as the City Council's informal committee-of-the-whole voted 5-2 to give preliminary permission for legal objections against appeals from two commercial properties — AT&T Services, 32-42 S. Fairview Ave., and Park Ridge Building ...and more »

$180MM of Commercial Assets & Notes for Sale in Sperry Van Ness® Online ... - Sacramento Bee

$180MM of Commercial Assets & Notes for Sale in Sperry Van Ness® Online ...Sacramento Bee25, 2012 -- /PRNewswire/ -- Sperry Van Ness® International Corporation, a commercial real estate brokerage franchisor, announced today that it is producing and conducting a major national online real estate and loan auction comprised of over $180 ...

Commercial Property Solicitor - East Midlands - The Independent

Commercial Property Solicitor - East MidlandsThe IndependentThis role has terrific potential for career development and would be a good opportunity for a Solicitor with a few years good quality PQE in Commercial Property law behind them to establish an excellent future career within an important regional law firm.

SA commercial property sector weak - The New Age Online

Independent OnlineSA commercial property sector weakThe New Age OnlineThis picture emerged from the latest Sapoa/IPD South African Biannual Property Indicator figures released yesterday. The report showed South Africa's commercial property delivering a total return of 5.9% in the first half of 2012. This return was made ...Muted Property Returns for 2012 suggest 'No Room for Recovery'SA Commercial Prop Newsall 9 news articles »

Debt Rally Is Welcome News - Wall Street Journal

Wall Street JournalDebt Rally Is Welcome NewsWall Street JournalCommercial-real-estate lenders and borrowers are scrambling to capitalize on one of the strongest rallies in the debt markets since the financial crisis. Buyers of commercial-mortgage-backed securities are accepting yields on new issues as narrow as 0 ...U.S. Commercial and Multifamily Mortgage Debt Declines in Q2, Fueled by Drop ...World Property ChannelQ2 Outstanding Commercial/Multifamily Mortgage Debt $10.4 Billion Lower ...National Mortgage Professional MagazineCommercial mortgage debt declined in 2QBizjournals.comall 9 news articles »

Mayoral, at-large City Council candidates answer forum questions about Corpus Christi issues

A recent decision about a downtown bond project and how to pay for a proposed $72.5 million bayfront redevelopment plan were two topics asked of at-large and mayoral City Council candidates during a live televised forum Monday night.

Bloomingdale approves $1.3 million for Springbrook redeveloment

In an effort to keep Caputo's Fresh Market in town, Bloomingdale officials voted Monday to provide $1.3 million in support of a redevelopment plan for Springbrook Shopping Center on Lake Street. The store's lease is expired but the owners want to stay and expand, and officials called this the 'Number 1 priority."

Renovation Work Begins, Permanent Cell Phone Tower Considered at WVU Law School

The renovation is a part of the $250 million Evansdale campus redevelopment - which includes plans to create six new buildings, including a new student union.

McKenzie Pool redevelopment enters design stage

The $2.2 million redevelopment of Petone's McKenzie Pool is currently in the detailed design stage with documents being prepared by designers LHT Design Ltd in order to submit a resource application to Hutt City Council in November 2012.

Work Begins on WVU Law School Renovation

The renovation is a part of the $250 million Evansdale campus redevelopment - which includes plans to create six new buildings, including a new student union.

Museum seeking sponsors

Corporate sponsorship holds the key to completing community fundraising for the $40 million redevelopment of the Toitu Otago Settlers Museum, museum organisers say. read more

Hospital facelift to avoid disruption

Officials in charge of an almost $80-million redevelopment of Dubbo Base Hospital have pledged "no disruptions" to patients and staff.

New redevelopment plan for Saco mill

SACO – A combination of favorable events, including the imminent closure of a trash plant across the river, has led the owners of a former mill building on Saco Island to move forward with a $6 million redevelopment project.

Restoration plan for Electra House

A $10.2 million redevelopment is planned for a century-old building next to the Adelaide GPO in King William Street.

Newport Beach council favors hotel for old City Hall site

Newport Beach council favors hotel for old City Hall site

Newport Beach council favors hotel for old City Hall site

NEWPORT BEACH - City officials will take a two-pronged approach in deciding how to develop the current City Hall site once the city moves its operations to the new $131 million civic center in late January. City Council members indicated Tuesday night that they favored a hotel development...

Hotel Tariff Generates ISK 56 Million

The only person who can save the nation. more Click on the picture to watch how slátur ("slaughter"), an Icelandic traditional dish, is made.

Pera Palace: Istanbul's hot-spot hotel

It's East meets West in glamorous, exotic and stylish form. Turkey's most famous hotel has just had a £20 million facelift – and it's got to be seen to be believed. The Pera Palace, the first Western Hotel to be built in Turkey, has just completed a four-year renovation project.

Des Moines leaders oppose new casino

IOWA CASING: Des Moines Mayor Frank Cownie said Tuesday that Iowa already has too much gambling and he is giving a thumbs down to plans for a $150 million hotel-casino complex in Urbandale.

Dalata expects earnings to rise by 40% as Dublin hotel performances improve

THE CHIEF executive of the State's largest hotel group expects earnings at the company to increase by 40 per cent on the €2 million recorded last year.

Clapton's Watch, $25 Million Diamond, Biggest Krug Sale

The Archduke Joseph Diamond is the star lot of a Christie's International sale at the Four Seasons Hotel des Bergues, Geneva, on Nov. 13. The guitarist's 1987 perpetual calendar chronograph with moon phases is up for sale the day before valued at 4 million Swiss francs ($4.27 million).

Executive Watch Library - GlobeSt.com

Executive Watch LibraryGlobeSt.comThe cat is out of the bag: Romney opened his books for the Obama camp and, in my view, it turned out to be a booby prize for Barack. In 2011, Romney paid $2 million in Federal taxes and $1.3 million in state income taxes on $13.7 million in income, the ...and more »

Golden Gate hotel in downtown Vegas gets upgrade

A downtown Las Vegas hotel that opened in 1906 with rooms for $1 and became well-known for its 50-cent shrimp cocktail appetizers is marking the completion of a $15 million renovation and expansion project.

Duke Realty, Marquette General hold grand-opening celebration for new ... - REjournals.com

Duke Realty, Marquette General hold grand-opening celebration for new ...REjournals.comMarquette General Health System and commercial real estate developer Duke Realty recently held a grand-opening of the 43,145-square-foot $11 million Doctors Park medical office building in Escanaba, Mich. The two-story medical office building, which is ...and more »

Sensex up 83 points in opening trade - Myiris.com

Economic TimesSensex up 83 points in opening tradeMyiris.comThe 30-share benchmark index, BSE Sensex opened with a gain of 34.67 points or 0.19% at 18,708.01, while the broad based NSE Nifty began flat with a gain of 5.30 points or 0.09%, at 5,674.90. Sensex Movers. Housing Development Finance Corporation ...Nine stocks that buzzed in choppy trade todayEconomic TimesMarkets recover partiallyBusiness StandardUptrend on Sensex, Nifty not yet broken: Tuesday Closing ReportMoneylifeall 328 news articles »

Hotel to be built in phases

While Beauport Gloucester LLC laid out how it will work construction on its proposed hotel around Commercial Street businesses, and promised no construction on Pavilion Beach, city officials say they have unanswered questions and a lot of homework t

$45 Million Guest Room Renovation Underway Redefines Atlanta's Iconic Westin Peachtree Plaza Hotel

The Westin Peachtree Plaza's prominent silhouette has stood out on the skyline as a symbol of Atlanta's southern hospitality for 36 years. The iconic John Portman-designed hotel is steeped in history, from numerous celebrity guests to the many memories made at the revolving Sun Dial restaurant, 72 stories above Atlanta.

Rockwood Real Estate Advisors Arranges $13 Million in Financing for Acquisition of 242-Room Marriott Pleasanton Hotel

Rockwood Real Estate Advisors, a full service real estate investment banking firm, announced today that they have arranged $13 million in financing on behalf of Wheelock Street Capital for the acquisition of the Marriott Pleasanton Hotel in Pleasanton, California.

Greenwich Real Estate Values up 11% in Two Years; 64 Open Houses Today - Patch.com

Greenwich Real Estate Values up 11% in Two Years; 64 Open Houses TodayPatch.comAs you can see in the report below, high end sales are continuing to pick up and we have 25 open houses over $2 million. You can see the live interactive map here and the open house list below. If you want to get directions to any open house just click ...

Real estate apps open doors - Chicago Tribune

Chicago TribuneReal estate apps open doorsChicago TribuneThe app contains information on 100 million rental properties (including single-family homes), according to the company; it notifies renters when new properties matching their saved search criteria hit the market; it contains information on grocery ...

Trulia IPO Opens Up 30% - Wall Street Journal (blog)

Wall Street Journal (blog)Trulia IPO Opens Up 30%Wall Street Journal (blog)Trulia IPO Opens Up 30%, Leading IPO Wave. Article · Comments · Deal Journal HOME PAGE ». smaller; Larger ... Trulia , the operator of a residential real-estate website, is having one of the strongest stock debuts in months, trading more than 30 ...Shares of Trulia soar in NYSE debutReutersall 524 news articles »

Sensex falls 126 points in early trade; Realty, CG drop - Myiris.com

IBNLive.comSensex falls 126 points in early trade; Realty, CG dropMyiris.comIndian markets opened lower on Thursday as TMC's exit from UPA government has changed coalition dynamics and put the thrust on economic reforms at risk. At 9.39 am, the Sensex was trading down 126.22 points or 0.68% at 18,369.79 with 19 components ...Markets end lower on political concernsBusiness StandardStrong uptrend in Sensex, Nifty: Friday Closing ReportMoneylifeall 267 news articles »

Stream Realty Opens Los Angeles Office - Sacramento Bee

Stream Realty Opens Los Angeles OfficeSacramento BeeStream Realty Partners represents a diverse mix of local, national and international clients and leases and/or manages a portfolio of more than 90 million square-feet of office, industrial and retail properties. Stream Realty Partners Southern ...and more »

What You Get for ... $1.2 Million - New York Times

New York TimesWhat You Get for ... $1.2 MillionNew York TimesSliding glass doors in the living area open to a large wooden deck. The great room is heated with a ... CONTACT: Pall Spera and Lisa Grady, Pall Spera Company Realtors, (561) 762-8188/(802) 760-7719; pallspera.com. HIGHLAND PARK, ILL. WHAT: A ...

Sensex opens 0.35% higher; Metal, HC, Realty lead - Myiris.com

Hindu Business LineSensex opens 0.35% higher; Metal, HC, Realty leadMyiris.comThe 30-share benchmark index, BSE Sensex opened with a gain of 63.18 points or 0.35% at 17,916.13, while the broad based NSE Nifty started with a rise of 14.45 points or 0.27%, at 5,404.45. At 9.21 am, the Sensex was trading up 84.02 points or 0.47% at ...Markets edge higherBusiness StandardSensex, Nifty upmove is maturing: Friday Closing ReportMoneylifeIndian share markets remain volatileMSN Indiaall 596 news articles »

Tuesday, September 25, 2012

Prism Hotels has deal to buy Sheraton in downtown Fort Worth - Fort Worth Star Telegram

Prism Hotels has deal to buy Sheraton in downtown Fort Worth - Fort Worth Star Telegram

Prism Hotels has deal to buy Sheraton in downtown Fort Worth - Fort Worth Star Telegram

Prism Hotels has deal to buy Sheraton in downtown Fort WorthFort Worth Star TelegramDallas-based Prism Hotels & Resorts has a contract to buy the Sheraton Hotel and Spa in downtown Fort Worth for $55 million, but the deal must be approved by a bankruptcy judge. The contract was filed Tuesday in the case involving 1701 Commerce Loc., ...

Greenwich REIT buys 15 hotels for over $200M - Ct Post

Greenwich REIT buys 15 hotels for over $200MCt PostThe Inland American deal, a $116 million transaction, involves hotels in the Southeast, Texas, Illinois and Arizona. Ten of the 12 hotels are branded under license agreements with affiliates of Hilton and Marriott, with the remaining two hotels ...and more »

Dalata expects earnings to rise by 40% as Dublin hotel performances improve

THE CHIEF executive of the State's largest hotel group expects earnings at the company to increase by 40 per cent on the €2 million recorded last year.

Newport looks at plans for 'old' City Hall site tonight - OCRegister

Newport looks at plans for 'old' City Hall site tonightOCRegisterNEWPORT BEACH – With the city getting ready for a big move into its new $131 million home in January, the council will talk Tuesday night about the future of the current City Hall site. Talks about the future development of the 4-acre site on the ...and more »

Dalata expects earnings to rise by 40% as Dublin hotel performances improve - Irish Times

Irish TimesDalata expects earnings to rise by 40% as Dublin hotel performances improveIrish TimesTHE CHIEF executive of the State's largest hotel group expects earnings at the company to increase by 40 per cent on the €2 million recorded last year. The Dalata Hotel Group, which is led by Pat McCann, operates 4,700 hotel rooms. It recorded earnings ...

Clapton's Watch, $25 Million Diamond, Biggest Krug Sale

The Archduke Joseph Diamond is the star lot of a Christie's International sale at the Four Seasons Hotel des Bergues, Geneva, on Nov. 13. The guitarist's 1987 perpetual calendar chronograph with moon phases is up for sale the day before valued at 4 million Swiss francs ($4.27 million).

Online agencies lose hotel tax case to Washington, D.C. - Travel Weekly

DCist.comOnline agencies lose hotel tax case to Washington, D.C.Travel WeeklyWashington, D.C., won a court ruling against online travel agencies (OTAs) over who's responsible for millions of dollars in annual hotel taxes when rooms are booked through intermediaries. The decision marks what may be the highest-profile legal ...DC Can Collect Sales Tax On Online Hotel Bookings, Says DC Superior CourtHuffington PostDC wins hotel tax suit against online travel booker Orbitz, othersWashington Postall 31 news articles »

Dominican Republic Hotel Complex Listed for Sale at $95.4 Million - Caribbean Journal

Dominican Republic Hotel Complex Listed for Sale at $95.4 MillionCaribbean JournalA group of RIU hotel properties in the Dominican Republic area of Puerto Plata is being put on the market for $95.4 million. Miami-based real estate brokerage Fortune International's FGD Group has the listing on the property, which includes 1,590 rooms ...

Chicago's Hotel 71 to be Sold and Eventually Managed By Wyndham - HotelChatter (blog)

Chicago's Hotel 71 to be Sold and Eventually Managed By WyndhamHotelChatter (blog)Since opening, it's had an unfortunate round of luck that started with an owner (Robert Falor) and his dream-turned-nightmare of a condo hotel plan. Defaulting on over $125 million in debt, the hotel was then sold to Canyon Capital Reality Advisors ...

Golden Gate hotel in downtown Vegas gets upgrade

A downtown Las Vegas hotel that opened in 1906 with rooms for $1 and became well-known for its 50-cent shrimp cocktail appetizers is marking the completion of a $15 million renovation and expansion project.

Another pub up for grabs as Dee Why Hotel goes on block - Sydney Morning Herald

Sydney Morning HeraldAnother pub up for grabs as Dee Why Hotel goes on blockSydney Morning HeraldOther sales were Norton's on Norton in Leichhardt, bought for an undisclosed sum by Peter Gallagher, the owner of the P.J. Gallagher's Irish Pub in the city, and the Hotel Coniston at Wollongong, bought by publican Jaz Mooney for $5.9 million. Both ...Bayfields to sell Dee Why HotelThe Shoutall 4 news articles »

Dearborn Hyatt to become a Radisson hotel

The Dearborn Hyatt Regency, whose golden center tower dominates the skyline near the Southfield Freeway, will become a Radisson Hotel and Conference Center Nov. 1.

Rockwood Arranges $13 Million Acquisition Financing for West Coast Hotel - Commercial Observer

Rockwood Arranges $13 Million Acquisition Financing for West Coast HotelCommercial ObserverNew York-based Rockwood Real Estate Advisors, which announced the launch of its West Coast platform earlier in September, has arranged $13 million in financing for Wheelock Street Capital's acquisition of a California hotel. Wheelock, headquartered in ...Rockwood Real Estate Advisors Arranges $13 Million in Financing for ...MarketWatch (press release)all 2 news articles »

Sheraton seeks $150m Sydney hotel expansion

Sydney's hotel scene is on the cusp of a major development spree with the Four Points by Sheraton Sydney, Darling Harbour, seeking approval for a $150 million plan to add an additional 231 rooms.

Hotel to be built in phases - Gloucester Daily Times

Hotel to be built in phasesGloucester Daily TimesBeauport has a 101-room, 61-foot tall, $25 million hotel planned for the site of the Birdseye building on Commercial Street. The company brought its design team in front of the Planning Board and city councilors last week, and presented its design ...

Hotel to be built in phases

While Beauport Gloucester LLC laid out how it will work construction on its proposed hotel around Commercial Street businesses, and promised no construction on Pavilion Beach, city officials say they have unanswered questions and a lot of homework t

$45 Million Guest Room Renovation Underway Redefines Atlanta's Iconic Westin Peachtree Plaza Hotel

The Westin Peachtree Plaza's prominent silhouette has stood out on the skyline as a symbol of Atlanta's southern hospitality for 36 years. The iconic John Portman-designed hotel is steeped in history, from numerous celebrity guests to the many memories made at the revolving Sun Dial restaurant, 72 stories above Atlanta.

Rockwood Real Estate Advisors Arranges $13 Million in Financing for Acquisition of 242-Room Marriott Pleasanton Hotel

Rockwood Real Estate Advisors, a full service real estate investment banking firm, announced today that they have arranged $13 million in financing on behalf of Wheelock Street Capital for the acquisition of the Marriott Pleasanton Hotel in Pleasanton, California.

Hotel Europejski renovation to launch in 2013

The historic Hotel Europejski building in Warsaw will undergo thorough renovation that will launch in the first quarter of next year and cost approximately EUR65 million. The prestigious facility is expected to re-open for business in the first half of 2015.

White Orchid Hotel to undergo S$20m upgrade

by Cheryl Tay