Monday, January 7, 2013

Clarion Nabs $296M Financing for MF Office Portfolio - Commercial Property Executive

Clarion Nabs $296M Financing for MF Office Portfolio - Commercial Property Executive

Clarion Nabs $296M Financing for MF Office Portfolio - Commercial Property Executive

Clarion Nabs $296M Financing for MF Office PortfolioCommercial Property Executive... California St., San Francisco, and Morrocroft Centre in Charlotte, N.C., and forward financing on 1111 19th St. in Washington, D.C., which will close on March 1, Seattle-based Clarion managing director Steve Latimer told Commercial Property Executive.

Supertel Hospitality, Inc. Closes Year With Four Additional Hotel Sales, Brings Total Transactions to Fifteen for 2012

Supertel Hospitality, Inc. , a real estate investment trust , today announced that it has closed on the sale of four hotels in the last week of 2012. Combined proceeds from the sales totaled $6.15 million ...

Ashford, Prudential Complete $216M Financing on Three-Hotel Portfolio - Commercial Property Executive

Commercial Property ExecutiveAshford, Prudential Complete $216M Financing on Three-Hotel PortfolioCommercial Property Executive"Ashford and Prudential are both very high-quality sponsors, savvy hotel owners and well capitalized," Mathew Comfort, Jones Lang LaSalle Hotels' executive vice president, told Commercial Property Executive. "These happen to be very high-quality assets ...

Manhattan, NY - Property Group Partners enters joint venture with Romanoff ... - New York Real Estate Journal Online

Manhattan, NY - Property Group Partners enters joint venture with Romanoff ...New York Real Estate Journal OnlineManhattan, NY Property Group Partners, a leading owner and developer of class A commercial real estate formerly known as Louis Dreyfus Property Group, has entered into a joint venture with Romanoff Equities to develop 860 Washington St. The new ...

Has Commercial Real Estate Bottomed? - Investorplace.com

Investorplace.comHas Commercial Real Estate Bottomed?Investorplace.comAccording to fourth-quarter numbers from Reis, a commercial real estate research firm, the vacancy rate remains stubbornly high at 17.1%. That's down from a peak of 17.6% in Q3 and Q4 of 2010, but hardly much improved — especially considering the ...Commercial Property Investors Branch OutNuWire Investorall 15 news articles »

Hotel Chinzanso Tokyo Celebrates Its Debut; A Thousand Camellia Trees Soon to Bloom

On New Year's day, leading Japanese hospitality company Fujita Kanko re-flagged its iconic flagship property under a new name, Hotel Chinzanso Tokyo, after 20 years operating as Four Seasons Hotel Tokyo at Chinzan-so.

Wyndham Rewards Loyalty Members Can Give the Gift of Points

Wyndham Rewards®, the world's largest lodging loyalty program with more than seven million active members, today announced its association with Points.com, giving Wyndham Rewards members the ability to ...

FirstService Expands Into Commercial Property Association Management - MarketWatch (press release)

FirstService Expands Into Commercial Property Association ManagementMarketWatch (press release)"Over the last decade, the commercial property association management industry has evolved to a stage where increasingly, services are being required on a national basis by market leaders, including national procurement, energy efficiency, and other ...and more »

Commercial property investment in London hits five-year high - Property Magazine International

Commercial property investment in London hits five-year highProperty Magazine InternationalCushman & Wakefield has revealed there were around £13.57 billion worth of Central London commercial property transactions in 2012 - the highest figure since 2007. This is a 25 per cent increase on 2011's total of £10.9 billion. In Q4, overseas ...

Another Record Year for Düsseldorf Tourism: Hotel Nights Approaching 4 Million, Placing City Among Must-see Germany ...

Düsseldorf is now among Germany's top destinations and the visitor numbers prove it as records are set year after year -- and with 50,000 more hotel nights this summer and a total increase of 5 percent by October over 2011, the next frontier of 4 million is imminent. A survey by city's tourism office, Düsseldorf Marketing & Tourism, shows visitors are more interested than ever in the city as a ...

Exclusive: Property investors keen on US, Turkey; China stumbles: survey - Fox Business

Evening StandardExclusive: Property investors keen on US, Turkey; China stumbles: surveyFox BusinessNEW YORK – The United States dominates the list of places that global commercial real estate investors would prefer to put their money this year, while China has lost some luster and Turkey has added sparkle, according to a survey of international ...London rivals New York for foreign investorsEvening Standardall 23 news articles »

Commercial Property Takes Tops in Greenwich Real Estate Sales - Patch.com

Commercial Property Takes Tops in Greenwich Real Estate SalesPatch.comnew_asset_attachment_attributes. Moving companies must have had a booming business in December, judging by the second half of December which saw dozens of Greenwich real estate transactions, mostly in the $1 million plus range. The top sale of the ...and more »

Research prompts hotel to do major overhaul

Singapore (Philippine Daily Inquirer/ANN) - The regional headquarters of many multinational companies are located in Singapore. Thus, there is a significant demand for accommodations among expatriates. This is just one of the reasons Pan Pacific Hotel Singapore closed its doors for clients for three months to undergo an US$80-million face-lift.

SC junks doctor's P100-M lawsuit vs Makati hotel

A woman-doctor's 17-year demand for P100 million in damages from a Makati City hotel for a recurring brain injury she allegedly suffered through the years after she hit her head inside the hotel has ended after the Supreme Court (SC) dismissed her claim for lack of merit.

Luxury hotel proposed in Nyack

A Texas-based developer wants to build a $15 million luxury boutique hotel in the village.

Commercial transactions - Dallas Morning News

Commercial transactionsDallas Morning NewsD3 Semiconductor LLC has purchased a 24,190-square-foot light manufacturing building at 15050 E. Beltwood Parkway in Addison. Maxim Integrated Products Inc. sold the property. Leigh C. Richter of Bradford Commercial Real Estate brokered the sale.

Room 77(R) Closes $30 Million Round to Accelerate Hotel Metasearch Platform

Hotel metasearch engine Room 77 today announced it has closed $30.3 million in Series C financing with participation from new investor Expedia, Inc. . The company's existing investors also participated, ...

Hotel Search Engine Room 77 Raises $30 Million From Expedia, Others

Hotel meta-search engine Room 77 has raised $30.3 million in Series C financing from new investor Expedia as well as existing investors.

New York's Office Builders Raise Their Online Voices - New York Times

New York's Office Builders Raise Their Online VoicesNew York TimesIn terms of marketing tone, the commercial real estate industry has long played the quiet cousin to the brasher residential business. While apartments are routinely sold using splashy, multifaceted ad campaigns, commercial brokers and developers have ...

Plans for multi-million pound hotel in town centre

DERELICT town centre buildings could be turned into a multi-million pound hotel in a new scheme. An application to convert the neighbouring Cook and Endeavour House office blocks on Albert Road in Middlesbrough has been submitted to Middlesbrough council. Most of the 1970s buildings have been empty for nearly 20 years but there is now a plan to turn them into a joint 125-bed hotel. Middlesbrough ...

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