Do a Few Good Weeks Portend a Good Year Ahead?

Do a Few Good Weeks Portend a Good Year Ahead?

Clarion Partners, a leading New York-based global investment manager, epitomizes what has been occurring in the U.S. commercial real estate investment sales market over the past few weeks. Clarion has been on a tear, as has the investment market. · In a joint venture with MetLife Real Estate Investors, Clarion purchased the 1.4 million-square-foot Constitution Center, the largest, privately ...

Hotel Commonwealth Gets New Ownership in $79 Million Deal - Patch.com

Hotel Commonwealth Gets New Ownership in $79 Million DealPatch.comBoston University sold its Kenmore Square Hotel Commonwealth to new ownership earlier this month, according to BU Today. Sage Hospitality and the investment firm Fundamental Advisors reportedly bought the 10-year-old hotel, its restaurants and its ...

Lower Manhattan Commercial Property Values and Rents Damaged by Hurricane Sandy, Say Local Real Estate Executives in ...

As 2013 begins and many large office buildings in New York's Financial District struggle to come back online, city real estate executives express pessimism about the health, and even future, of the Lower ...

CCRE is Number Three in U.S. Multi-Borrower CMBS

NEW YORK, Jan. 23, 2013 /PRNewswire/ -- CCRE, a fully-integrated commercial real estate finance company, was included in Commercial Mortgage Alert's ranking of top loan contributors to U.S. CMBS deals, ...

Wealthy investors punt on commercial real estate

High net-worth investors will join institutions in the search for higher-yielding sectors.

'Investment in commercial realty to touch $ 1tn'

The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.

Accelerated Commercial Real Estate is Pleased to Announce Another Successful Sale of Commercial Real Estate, the 16th ...

The recent sale of 4602 N. 16th St. located within the Camelback Corridor in Phoenix, 19,154 sq.ft., 3 story c-2 office/medical building is testimony to the comprehensive marketing and sales campaign designed and executed by Accelerated Commercial Real Estate.Phoenix, Arizona (PRWEB) January 23, 2013 This 16th Street office/medical class "B" office building located at the corner of 16th Street ...

Study sees promise in convention center hotel - Salt Lake Tribune

Study sees promise in convention center hotelSalt Lake TribuneA joint venture between the private and public sectors is the best way to pay for a big hotel to lure groups to the Salt Palace Convention Center, according to a study presented Tuesday at separate Salt Lake County and Salt Lake City council meetings.

Portland OKs new hotels on waterfront, Exchange St. - Press Herald

Press HeraldPortland OKs new hotels on waterfront, Exchange St.Press HeraldPORTLAND — The Planning Board on Tuesday approved $22.5 million in hotel developments that will add more than 230 rooms and two restaurants to the Old Port area over the next few years. click image to enlarge. An artist's rendering of the proposed ...2 new hotels approved for PortlandSan Antonio Expressall 13 news articles »

Special Situation in Commercial Real Estate

Special Situation in Commercial Real Estate

Two Denver-area hotels spend millions on upgrades - Denver Business Journals

Two Denver-area hotels spend millions on upgradesDenver Business JournalsThe biggest project involves $28 million of capital improvements at the 27-story Grand Hyatt Denver, 1750 Welton St., including to the lobby, pool area, and the addition of a rooftop Skycourt with a tennis court and running track. "This isn't just a ...Grand Hyatt Denver $28 Million Redesign AnnouncedAlbany Times Unionall 4 news articles »

John Benziger Named DC Regional Managing Principal for Cassidy Turley

WASHINGTON, Jan. 22, 2013 /PRNewswire/ --  Cassidy Turley , a leading commercial real estate services provider in the U.S., announced today that John Benziger has been named Regional Managing Principal ...

Commercial Real Estate Auction from Auctions by ATG Will Be the Biggest to Date

The online and live commercial real estate auction features a high-tech office park/data center, while other properties to be auctioned include retail, mixed-use, multi-family, development sites, flex and vacant land. Most of the properties are being sold absolute; many are bank-owned.Chicago, IL (PRWEB) January 22, 2013 Auctions by ATG will host a commercial real estate auction Februrary 13 ...

Hotel-retail project may be near - Toledo Blade

Toledo BladeHotel-retail project may be nearToledo BladeDevelopers of a hotel and retail project on Secor Road where a theater complex once stood say they could break ground on the $25 million plan as early as next month. Joe Swolsky of RL West Properties, who is working with Steve Roumaya, a partner with ...and more »

True North Commercial Real Estate Investment Trust Announces Proposed Acquisition of Five Properties

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. True North Commercial Real Estate Investment Trust announced today that it has agreed to acquire (collectively, the...

Host Hotels sells Atlanta property - Washington Business Journal

Host Hotels sells Atlanta propertyWashington Business JournalBethesda-based Host Hotels & Resorts Inc. has scaled back its Atlanta presence, selling the Atlanta Marriott Marquis for $293 million. Host still owns seven hotel properties in the Atlanta market, but says this sale cuts its Atlanta presence to about 3 ...Marriott Marquis soldAtlanta Journal ConstitutionAtlanta Marriott Marquis sells for $293MAtlanta Business ChronicleHost sells Atlanta Marriott Marquis for $293 millionHOTELSHotel News Nowall 40 news articles »

Louisville hotel industry generated nearly $355 million from tourists in 2011 - Business First of Louisville

Louisville hotel industry generated nearly $355 million from tourists in 2011Business First of LouisvilleIt's a no-brainer that tourism is important to the local hotel industry. But just how important is it? According to a recent study released by the Louisville Convention and Visitors Bureau, tourists spent nearly $355 million on lodging in 2011. Only ...and more »

Plans for $8.8-million Hotel Found Complete - Fenceviewer

Plans for $8.8-million Hotel Found CompleteFenceviewerPlans for $8.8-million Hotel Found Complete. Written by Robert Levin Thursday, January 10, 2013 at 8:59 am. font size decrease font size decrease font size increase font size increase font size; Print · E-mail. BAR HARBOR — Plans for construction of a ...

Plans altered for $22 million hotel at former auto site in Bloomfield - Tribune-Review

Plans altered for $22 million hotel at former auto site in BloomfieldTribune-ReviewChanges in the original plans for a new hotel at the former Don Allen AutoCity site in Bloomfield were outlined Tuesday at the City Planning Commission. The hotel project, estimated to cost $22 million, has been changed from the original plan described ...

Stone Brewing Co. Plans to Open $24 Million Hotel - Haute Living

Haute LivingStone Brewing Co. Plans to Open $24 Million HotelHaute LivingWith around 50 rooms, the $24 million hotel could have a bar where people check in and a tap in every room, and there will be two acres of outdoor space, perfect for wedding celebrations, according to Stone spokesperson Sabrina LoPiccolo, who spoke to ...