Thursday, February 21, 2013

National Hotel nears end of long renovation

National Hotel nears end of long renovation

National Hotel nears end of long renovation

For the owner of the National Hotel, a multi-million dollar renovation project is both professional and personal.

American Hotel Income Properties REIT LP completes its initial public offering

American Hotel Income Properties REIT LP completes its initial public offering

Commercial Real Estate Forecast Update: 2013-2014 - Forbes

ForbesCommercial Real Estate Forecast Update: 2013-2014ForbesCommercial real estate continues to improve at a moderate pace, much in line with our previous forecast update from six months ago. The office market enjoyed "11 consecutive quarters of occupancy growth and eight straight quarters of rent increases," ...Asian Real Estate, Asset Owners ReturnLive Trading Newsall 3 news articles »

Metro real estate growth: 'smart, conservative, makes sense' - Business Record

Business RecordMetro real estate growth: 'smart, conservative, makes sense'Business RecordThe Greater Des Moines commercial real estate market is nudging ahead during this slow economic recovery, with virtually every property sector showing improvement, according to an annual report released today by CBRE/Hubbell Commercial.and more »

Industrial property sales in Salem top $9.4 million in 2012 - Statesman Journal

Industrial property sales in Salem top $9.4 million in 2012Statesman JournalSalem's business and community leaders gathered today at the 2013 Commercial Real Estate Economic Forum. The event, presented by Sperry Van Ness Commercial Advisors LLC, was held at the Salem Conference Center. It attracted more than 200 ...

Renaissance Washington, DC Downtown Hotel Unveils $30 Million Guest Room Redesign

The Renaissance Washington, DC Downtown hotel, situated at 999 9th Street at K Street, NW, announced on January 19, 2013 the completion of the redesign of its 807 guest rooms and suites, a 30 million dollar ...

Chesapeake Lodging Trust Announces Hotel Adagio San Francisco to Join Autograph Collection, Part of the Marriott ...

Chesapeake Lodging Trust announced today that it has entered into an agreement with Marriott International, Inc. with plans for its iconic Hote

Commercial Property Execs' Mood Brightens, Yet Outlook Clouded by Economic ... - Sacramento Bee

PR WebCommercial Property Execs' Mood Brightens, Yet Outlook Clouded by Economic ...Sacramento Bee21, 2013 -- /PRNewswire/ -- Senior commercial real estate executives are increasingly positive about current and future market conditions — particularly as they relate to top-quality assets in top markets — yet they remain concerned about the slow ...The Course of Capital: Accepting the New NormalCommercial Property Executive (blog)all 11 news articles »

Tishman Lands Two More Leases at Wilshire Courtyard in West LA - Commercial Property Executive (blog)

Commercial Property Executive (blog)Tishman Lands Two More Leases at Wilshire Courtyard in West LACommercial Property Executive (blog)... and the 289,900-square-foot Maple Plaza office building in Beverly Hills. Finally, Commercial Real Estate Direct.com reported last week that Morgan Stanley has launched a $193 million CMBS deal backed by a senior mortgage against Wilshire Courtyard.

Red Lion Sells Missoula Hotel and Signs Franchise Agreement

SPOKANE, Wash., Feb. 21, 2013 /PRNewswire/ -- Red Lion Hotels Corporation (NYSE: RLH) today announced the company has sold the Red Lion Inn Missoula in Montana for $1.95 million. As part of the sale agreement, ...

£3m scheme for Shrewsbury hotel and restaurants is revealed

Major plans have been unveiled for a £3 million hotel and restaurant development in Shrewsbury that could create about 100 jobs.

Ramsey rezones commercial property despite objections - NorthJersey.com (press release)

Ramsey rezones commercial property despite objectionsNorthJersey.com (press release)13 meeting to rezone about 12,000 square feet of land on Nottingham Road from B3 commercial to R3 residential. Nottingham is a cul-de-sac off of East Crescent Avenue. About eight homes near the end of Nottingham abut commercial properties on Route ...

Cheung Kong's Hong Kong Hotel Room Sale Spurs Government Warning

Cheung Kong Holdings Ltd. (1) , the developer controlled by Asia's richest man, sold HK$1.4 billion ($181 million) worth of hotel rooms in Hong Kong , raising concerns the government will extend residential property curbs.

Lexington commercial real estate market improving, report says - Lexington Herald Leader

Lexington Herald LeaderLexington commercial real estate market improving, report saysLexington Herald LeaderA property next the old courthouse in downtown Lexington was for lease this month. A semi-annual analysis of commercial real estate shows that commercial vacancy rates in all categories declined in the past six months. Lexington Herald-LeaderBuy Photo ...

Property/casualty insurance pricing should firm in 2013: Barclays - Business Insurance

Property/casualty insurance pricing should firm in 2013: BarclaysBusiness InsuranceProperty Casualty Insurance Pricing. A recent report released by Barclays Capital Inc. states that commercial property/casualty prices are expected to increase 3% year over year in the early part of this year. Advertisement. Read more in the Brokers ...and more »

Commercial real estate in 2012 - Crain's Detroit Business

Commercial real estate in 2012Crain's Detroit BusinessIt was another big year for out-of-state and local buyers to scoop up metro Detroit properties. Of the top 25 commercial property sales reported to Crain's by brokers and developers in 2012, 13 went to buyers based outside Michigan, compared with seven ...and more »

Armani said to be eyeing luxury hotel in London landmark

LONDON, Feb 20 — According to reports, Italian fashion house Armani is hoping to turn an iconic London landmark, the Admiralty Arch, into a luxury £100 million (RM500 million) hotel. According to The Daily Mail, the ceremonial entrance from Trafalgar Square to the Mall that leads to Buckingham Palace will be transformed into a 100-room hotel ...

Chicago to Get Hotel Near McCormick Convention Center

Illinois'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.

Armani rumored to be looking into luxury hotel in London landmark

According to reports, Italian fashion house Armani is hoping to turn an iconic London landmark, the Admiralty Arch, into a luxury, £100 million hotel.

Portfolio: West Goshen commercial property sold - Daily Local News

Portfolio: West Goshen commercial property soldDaily Local NewsChuck Swope of Swope Lees Commercial Real Estate LLC represented the buyer in the transaction and was assisted by Dick Beidleman of Brite Realty Services Inc. as the seller's agent. Financing for the project was arranged by Chris Godshall of Meridian ...

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