Sunday, February 10, 2013

Palm Springs hotel to be converted into Hard Rock outpost - Los Angeles Times

Palm Springs hotel to be converted into Hard Rock outpost - Los Angeles Times

Palm Springs hotel to be converted into Hard Rock outpost - Los Angeles Times

Los Angeles TimesPalm Springs hotel to be converted into Hard Rock outpostLos Angeles TimesThe facade probably dates from the 1990s, however, when a previous owner spent about $4 million adding a rooftop recreation room and two floors of apartments to the then two-story building, he said. "It's a confusing piece of architecture," Orosco said.and more »

Glasgow shopping hotspot sold for £10.5m

THE giant Glasgow-based UK Commercial Property Trust has sold a property in Buchanan Street, in the heart of the city's upmarket shopping area, to a Luxembourg-domiciled real-estate fund for almost £10.5 million.

Israel races to build new hotels to meet growing tourist numbers - Haaretz

HaaretzIsrael races to build new hotels to meet growing tourist numbersHaaretzIsrael races to build new hotels to meet growing tourist numbers. The shortfall is projected to amount to 10,000 rooms in 2015, when some 5 million travelers are expected to come to Israel, up from 3.5 million last year, according to Tourism Ministry ...and more »

Webjet launches Lots of Hotels in Middle East - Travel Weekly

Webjet launches Lots of Hotels in Middle EastTravel Weekly"Leveraging Webjet's existing hotel aggregation model and leading technology, Lots of Hotels will offer the most extensive inventory in the region with over one million hotel rooms on sale worldwide, every night," the online retailer said. Lots of ...

Courtyard Sacramento Rancho Cordova Hotel Finishes $1.8 Million Renovation - San Francisco Chronicle

San Francisco ChronicleCourtyard Sacramento Rancho Cordova Hotel Finishes $1.8 Million RenovationSan Francisco ChronicleThe Rancho Cordova hotel already has checked off a list of accomplishments this year that includes dazzling guests with a fresh new look and creating inspiring atmospheres to eat, drink, work, socialize and sleep. From the moment travelers walk into ...and more »

Commercial property/casualty rates saw 5% increase in January

Commercial property/casualty insurance rates continued to climb in the new year, increasing an average of 5% in January compared with the same month a year earlier, Dallas-based electronic insurance exchange MarketScout reported Tuesday.Commercial property and general liability rates increased the

Irving may get $90M hotel near convention center - Dallas Business Journal

NBC 5 Dallas-Fort WorthIrving may get $90M hotel near convention centerDallas Business JournalThe Irving City Council will decide if a proposed $90 million hotel will move toward development at this evening's city council meeting. The council is voting on a resolution permitting city officials to finalize an agreement with a developer. "I ...Irving City Council OKs incentive package to land convention center hotelDallas Morning Newsall 6 news articles »

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 ...

Banner Year for NAI/Merin Hunter Codman

-- Florida Firm Sees Commercial Property Markets Heat Up; Spike in Sales, Record Property Management Leads to 2013 Hiring Spree --West Palm Beach, FL (PRWEB) February 07, 2013 NAI/Merin Hunter Codman, one of South Florida's leading commercial real estate services firm, today announced that the firm achieved new milestones in 2012, surpassing the 4. ...

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 ...

Research and Markets: Commercial Non-Life Insurance Brokers in Canada

Research and Markets has announced the addition of the "Commercial Non-Life Insurance Brokers in Canada" report to th

Allianz Plans to Boost European Property Lending to $2 Billion

Allianz SE, Europe's biggest insurer, plans to increase European commercial property lending to 1.5 billion euros ($2 billion) this year as the company seeks to boost investment returns.

Montreal's commercial property taxes highest in Canada

Are Montreal commercial property owners paying more than their fair share in taxes? That's the question many are asking as they get their bills for 2013.

RICS Global Commercial Property Survey Q4 2012: Commercial Real Estate Investors Eyeing on Major Asian Markets with ...

HONG KONG, Feb. 6, 2013 /PRNewswire/ -- Asian markets continue to outperform Europe with positive investor sentiment, says RICS( http://www.ricsasia.org ) Global Commercial Property Survey Q4 2012, published ...

Target your commercial property market exposure

With some areas of the UK commercial property market set to recover while others continue to languish, targeted exposure will be the key to success for investors in 2013.

Great Eagle taps HSBC, Deutsche for $800 million hotel spinoff: IFR - Chicago Tribune

Great Eagle taps HSBC, Deutsche for $800 million hotel spinoff: IFRChicago TribuneHONG KONG (Reuters) - Hong Kong property and investment company Great Eagle Holdings Ltd 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 ...

Landmark service station sale and commercial property sale

A high profile service station and car yard property with more than half a century of association with the local community has been placed on the market for sale. The property in Pukekohe just south of Auckland is owned by the Howe and Weston families, ...

Long awaited £285 million O2 Hotel development to break ground in weeks - UK Business Property

Long awaited £285 million O2 Hotel development to break ground in weeksUK Business PropertyA new 452 bedroom luxury riverside Hotel at the O2, which was part of the original masterplan for the North Greenwich Peninsula, has taken a step closer to construction, with the exchange of contracts for sale of the site by O2 owners AEG, to the JV ...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 »

Atlanta Marriott Marquis Sold for $293 Million - Hotel News Resource

Atlanta Marriott Marquis Sold for $293 MillionHotel News ResourceHost Hotels & Resorts, Inc. (NYSE: HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott ...and more »

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