Tuesday, February 19, 2013

Chicago to Get Hotel Near McCormick Convention Center - Bloomberg

Chicago to Get Hotel Near McCormick Convention Center - Bloomberg

Chicago to Get Hotel Near McCormick Convention Center - Bloomberg

NBC ChicagoChicago to Get Hotel Near McCormick Convention CenterBloombergIllinois's Metropolitan Pier and Exposition Authority plans to build a $400 million hotel near Chicago's McCormick Place convention center to boost the property's trade-show business. The proposed hotel south of downtown will have 1,200 rooms and ...Second major hotel planned for McCormick Place areaChicago TribuneMcCormick Place To Get New 1200-Room HotelNBC Chicago1200-room hotel planned for McCormick PlaceChicago Sun-TimesCBS2 Chicago -Peoria Journal Star -Crain's Chicago Business (blog)all 10 news articles »

Madison Realty Capital Finances Third-Party Purchase of Defaulted Note on Brighton Beach Mixed-Use Project

NEW YORK, Feb. 19, 2013 /PRNewswire/ -- Madison Realty Capital (MRC ), an institutionally backed commercial real estate investment fund and asset manager specializing in flexible debt and equity financing ...

Armani Rumoured to Be Looking Into Luxury Hotel in London Landmark - The Business of Fashion

Armani Rumoured to Be Looking Into Luxury Hotel in London LandmarkThe Business of FashionAccording to reports, Italian fashion house Armani is hoping to turn an iconic London landmark, the Admiralty Arch, into a luxury, £100 million hotel. According to The Daily Mail, the ceremonial entrance from Trafalgar Square to the Mall that leads to ...and more »

Hanover Real Estate Partners Summarizes Leasing and Investment Activity at Texas Properties

Greenwich, Connecticut-based Hanover Real Estate Partners , a privately held real estate investment company focused on owning, managing and operating institutional grade commercial real estate assets across the United States, today announced leasing and investment activity at its three Texas properties.

AIG CRE Event Stresses Patience for the Recovery

NEW YORK CITY- Kenneth McCarthy , chief economist at Cushman & Wakefield , gives a presentation on the overall economy and how it impacts commercial real estate at a recent AIG -sponsored business seminar.

Farmland Auctions, Indiana and Illinois Farms Hit the Auction Block

2013 will be a busy year for Sohn & Associates, an Indiana Auction Company. Sohn & Associates helps individuals, trusts, and estates sell farmland, recreational and hunting ground, and commercial real estate.Evansville, Indiana (PRWEB) February 19, 2013 Sohn & Associates Auction and Realty is set to have a busy first quarter in 2013 with two farms being offered at public auction. In addition to ...

Philadelphia's 10 biggest commercial taxpayers would get lower bills under new real estate assessment

Philadelphia's 10 biggest commercial taxpayers, including Center City office towers, Franklin Mills Mall, and the shipyard in South Philadelphia, could pay a total of $17.5 million, or 45 percent, less in property tax next year under Mayor Nutter's tax reform.

SkyCity's $35m hotel design revealed - Stuff.co.nz

Stuff.co.nzSkyCity's $35m hotel design revealedStuff.co.nzThe architects of SkyCity Hamilton's planned $35 million hotel were told to aim for an international image, and they have achieved that in the design unveiled today, says the entertainment group. More than 220 guests at a business breakfast celebrating ...and more »

Hotels on the rise - Greater Wilmington Business Journal

Hotels on the riseGreater Wilmington Business JournalThe $14 million, 124-room hotel is under construction at the intersection of Second and Grace streets. Officials with Wilmington-based USA InvestCo also are finalizing plans with city and county development officials for a $25 million Hotel Indigo ...

$55M resort hotel proposed at Vineyard golf course - U-T San Diego

$55M resort hotel proposed at Vineyard golf courseU-T San DiegoESCONDIDO — Escondido officials say they're analyzing a proposal to build an eight-story resort hotel next to The Vineyard golf course. The man spearheading the proposal, former City Councilman Tom D'Agosta, said last week that the $55 million project ...and more »

Office real estate on the rebound in Massachusetts

Companies rented more offices and laboratories from I-495 to Boston last year than in 2011, but signs of economic recovery are uneven across the region, according to an analysis by commercial real estate firm Colliers International.

$158 million hotel-tax deal may return - OCRegister

$158 million hotel-tax deal may returnOCRegisterANAHEIM – A hotel developer is expected to bring back a controversial tax-incentive plan for two Disneyland-area hotels, while another nearby developer is walking away from a somewhat similar subsidy. The City Council will likely reconsider a plan for ...

$8.8-million hotel gets green light - Fenceviewer

$8.8-million hotel gets green lightFenceviewerWitham Family Properties, owners of the Bar Harbor Inn and a host of other lodging properties here and in Ellsworth, hope to begin construction of the $8.8-million hotel this spring, company director of development David C. Witham said. The hotel will ...

Commercial real estate backs Dexus, GPT bounce

Traditional office, retail and industrial property assets are proving the more profitable investments.

Latest CoStar CCRSI Analysis: U.S. Commercial Real Estate Market Posts Record Gain in Sales Volume and Broadening ...

WASHINGTON -- This month's CoStar Commercial Repeat Sale Indices (CCRSI) provide the market's first look at December 2012 commercial real estate pricing. Based on 1,593 repeat sales in December 2012 and ...

Commercial Real Estate in Manhattan Is Now Overvalued, According to Commercial Property Executives

Most New York real estate executives believe commercial property in Manhattan is overvalued compared with real estate values in other major global cities, according to a new survey by accounting firm Marks ...

Council vote tonight could bring $90 million hotel to convention center - Dallas Morning News (blog)

Dallas Morning News (blog)Council vote tonight could bring $90 million hotel to convention centerDallas Morning News (blog)The city has lined up a developer who promises to build a ritzy, $90 million Marriott or Starwood hotel next to its Convention Center, which officials say sorely needs one. Council will vote tonight on a non-binding incentive agreement that will help ...

Commercial Real Estate Investors Eager to "Turn the Page," According to New Outlook Report

CHICAGO, Feb. 7, 2013 /PRNewswire-iReach/ -- Frustrated by continued uncertainty, a sluggish recovery, and a challenging investment environment, investors generally appear eager to put the past behind ...

Great Eagle taps HSBC, Deutsche for $800 million hotel spinoff: IFR - Fox Business

Great Eagle taps HSBC, Deutsche for $800 million hotel spinoff: IFRFox BusinessHK> has mandated HSBC Plc and Deutsche Bank AG to lead a proposed $800 million initial public offering for its full-service hotel business, IFR reported on Tuesday, citing sources with knowledge of the plans. Other banks are expected to be added to the ...and more »

AEG Selling Land Near London's O2 for $450 Million Hotel Project - Bloomberg

AEG Selling Land Near London's O2 for $450 Million Hotel ProjectBloombergAnschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project. A joint venture between Queensgate Investments Fund ...and more »

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