Friday, January 18, 2013

Kennedy Wilson Boosts UK Portfolio with $101M Purchase - Commercial Property Executive

Kennedy Wilson Boosts UK Portfolio with $101M Purchase - Commercial Property Executive

Kennedy Wilson Boosts UK Portfolio with $101M Purchase - Commercial Property Executive

Kennedy Wilson Boosts UK Portfolio with $101M PurchaseCommercial Property ExecutiveKennedy Wilson's European presence continues to grow at a fast clip with the recent acquisition of a 1.1 million-square-foot commercial real estate portfolio in the U.K. Along with investment partner hedge fund Varde, Kennedy Wilson acquired the group ...and more »

Vulcan Sells Kilroy $170M, 321 KSF Office Property - Commercial Property Executive

Vulcan Sells Kilroy $170M, 321 KSF Office PropertyCommercial Property ExecutiveThe JV partners, who listed the property in August, decided the timing was right to sell. Group Health will be redeploying proceeds of the sale into its core health business and Vulcan plans to use the capital for more South Lake Union development ...

Signs of life for Mount Washington hotel project

Sycamore Grandview Development is close to an agreement with a development partner that could help to jump start the long-stalled project.

Reps from Concord's Assessing Department meet with property owners - Concord Monitor

Reps from Concord's Assessing Department meet with property ownersConcord MonitorProperty owners appealing their assessed value must prove that it is incorrect or higher than similar properties, representatives from Concord's Assessing Department said at a meeting last night. "A higher tax bill is not grounds for an appeal," said ...

Dallas' Thanksgiving Tower hit with foreclosure filing - Dallas Morning News

Dallas Morning NewsDallas' Thanksgiving Tower hit with foreclosure filingDallas Morning NewsThe 31-year-old mirrored glass high-rise at 1601 Elm St. is owned by California investor Younan Properties, which bought the property in 2007. Berkadia Commercial Mortgage made the foreclosure filing on the tower, saying that the owners have defaulted ...Thanksgiving Tower put on February foreclosure sale listDallas Business Journal (blog)all 2 news articles »

Appleton hotel sold for nearly $18 million

APPLETON, Wis. (AP) -- The downtown Appleton Radisson Paper Valley Hotel has been sold for nearly $18 million.

Experts Say New Commercial Property Assessment Numbers Don't Add Up - MyWabashValley

Experts Say New Commercial Property Assessment Numbers Don't Add UpMyWabashValleyYou may have been notified of a new property assessment, but some local experts are saying these numbers don't add up. Across Vigo County - and especially in Terre Haute - commercial properties were evaluated significantly lower than before. Now, the ...

Austin's most powerful property managers - Austin Business Journal

Austin's most powerful property managersAustin Business JournalGet the full list in the Jan. 11 issue of the Austin Business Journal. Patricia Rogers: Research Director- Austin Business Journal. The Austin Business Journal's 2013 list of commercial property management firms is dominated by the same five firms as ...

Radisson Paper Valley Hotel Sold

The downtown Appleton Radisson Paper Valley Hotel has been sold for nearly $18 million.

Sources: NBA player representatives never approved union leader's $15 million contract

The five-year, $15 million contract of Players Association executive director Billy Hunter could violate the union's constitution because it was approved by player representatives.

Downtown hotel gets facelift, restaurant

A downtown Cleveland hotel, near the Rock & Roll Hall of Fame, is getting a $64 million overhaul.

Appleton hotel, which houses Packers' opponents, sold

The downtown Appleton Radisson Paper Valley Hotel has been sold for nearly $18 million.

Big Lenders Target Commercial Property - NuWire Investor

Fort Mills TimesBig Lenders Target Commercial PropertyNuWire InvestorLarge corporate lenders like commercial banks and life insurance companies are shopping for new places to put their money in 2013 as the end of last year saw more flexibility in commercial mortgage-backed securities and commercial real estate mortgage ...Love Real Estate Announces $3-M Commercial Complex for Redevelopment in ...SBWire (press release)MIG Commercial Real Estate, LLC Featured Property: Cornerstone PlazaWisconsin State JournalMIG Commercial Real Estate, LLC Featured Property: The State of WI Dept. of ...Capital Times (blog)PYMNTS.comall 11 news articles »

Recovery for commercial real estate remains elusive - Colorado Springs Gazette

Recovery for commercial real estate remains elusiveColorado Springs GazetteMeanwhile, the combined average asking rent for commercial properties fell to $9.57 per square foot in the fourth quarter, down 1.5 percent from the same period a year earlier, Turner's report showed. Four years earlier, the average asking rent was ...and more »

Brokers see new interest in commercial properties - Kane County Chronicle

Brokers see new interest in commercial propertiesKane County Chronicle(Left to right) Doug Denz, Cheryl Denz, Michael Lentino and Kevin O'Donnell stand in the doorway of Cheryl Denz's new Riverview Counseling Services facility in downtown St. Charles. O'Donnell and Lentino, of O'Donnell Commercial Real Estate Inc., were ...and more »

Crestline Hotels & Resorts Completes a Renovation at the Georgia Tech Hotel & Conference Center

ATLANTA -- Crestline Hotels & Resorts, Inc. today announced the completion of a $1.5 million renovation and upgrade to the Georgia Tech Hotel & Conference Center. Located in Midtown Atlanta, on the Georgia ...

Real estate: 2013's commercial property forecast calls for stability - Reno Gazette-Journal

Real estate: 2013's commercial property forecast calls for stabilityReno Gazette-JournalIndustry experts will predict that commercial real estate, which includes office, industrial and retail properties, should continue along the same levels as in 2012 at the Colliers International forecast event today at the Peppermill Resort Casino Spa ...

UC Funding Structures and Funds $3.5 Million Equity Investment in Stamford, CT

UC Funding LLC is pleased to announce that it funded a $3.5 million equity investment for the purchase of land and subsequent development of a hotel in Stamford, CT. The property site is located in the heart of the business district in Stamford, Connecticut.

Hotel Equity & Lender Perspectives (HELP) Conference Announces Speakers

Officials of the Hotel Equity & Lender Perspectives Conference set for April 8-9 at the Seaport Boston Hotel announced key topics and speakers for the two-day event, inc

Developers propose luxury Old Town boutique hotel

A £1.5 million luxury boutique hotel in a rundown part of the Capital's Old Town could be open by next summer.

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