Saturday, February 2, 2013

Real estate transfers

Real estate transfers

Real estate transfers

The following real estate transactions have been filed in the County Clerk's office. The purchase price is as listed on the cover sheet of the deed. Most Rome deeds also include in parentheses the assessed market value as listed in the city's assessment roll.

Popular Commercial Lending Group Offers Commercial Real Estate Trust Deed Investments with 10% Yield

Popular Commercial Lending Group has released a new commercial real estate investment program for 2013 offering commercial real estate secured investments in mortgage notes with yields in the 8-10% range. [PR.com]

Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2012

Ares Commercial Real Estate Corporation today announced the tax treatment for the Company's distributions on its common stock wit

Arbor Realty Trust Schedules Fourth Quarter 2012 Earnings Date

UNIONDALE, N.Y. -- Arbor Realty Trust, Inc. , a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, ...

Daniel R. Gilbert Named Chief Executive Officer

NEW YORK, Feb. 1, 2013 /PRNewswire/ -- NorthStar Real Estate Income Trust, Inc. ("NorthStar Income") announced today that Daniel R. Gilbert, the company's president and chief investment officer, ...

Stalled hotel development costing MVR 24 million annually: MTDC - Minivan News

Minivan NewsStalled hotel development costing MVR 24 million annually: MTDCMinivan NewsOver MVR 24 million (US$1.5 million) is being lost annually by the Maldives Tourism Development Corporation (MTDC) on a stagnant hotel development in Uligamu in Haa Alif Atoll, it has been revealed. MTDC Managing Director Mohamed Matheen told ...

Victoria firm buys Parkside hotel for $23 million from troubled Aviawest - Victoria Times Colonist

Victoria Times ColonistVictoria firm buys Parkside hotel for $23 million from troubled AviawestVictoria Times ColonistA new Victoria ownership group paying $23 million for the Parkside Resort and Spa — formerly held by the financially troubled Aviawest Resorts — is mapping out a makeover and higher profile image for the hotel. "It's got so much potential that is ...and more »

Chesapeake Lodging Trust Reports Preliminary Fourth Quarter Results

Chesapeake Lodging Trust , a lodging real estate investment trust , reported today its preliminary financial results for the quarter and year ended December 31, 2012.

Trump Panama Hotel Bondholders May Back $220 Million Swap - Bloomberg

BloombergTrump Panama Hotel Bondholders May Back $220 Million SwapBloombergCreditors of the Trump Ocean Club in Panama are probably going to accept a restructuring deal for $220 million of bonds, said Ajata Mediratta, a partner at Greylock Capital Management. Newland International Properties Corp, the Ocean Club developer, ...and more »

Arbor Realty Trust Announces Tax Treatment of 2012 Dividend Distributions

UNIONDALE, N.Y. -- Arbor Realty Trust, Inc. , a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, ...

Why Would A Prison Corporation Restructure As A Real Estate Company?

Yesterday, I briefly noted that shares of GEO Group stock were on the rise after the Internal Revenue Service approved its request to restructure as a Real Estate Investment Trust (REIT). Why would a corporation designed to house prisoners want to restructure as a real estate company? As it turns out, this month's edition of Prison Legal News -- arguably the most comprehensive publication ...

Lightstone Value Plus Real Estate Investment Trust, Inc. Approves Net Asset Value of $11.80 Per Share

Lightstone Value Plus Real Estate Investment Trust, Inc. – a publicly registered non-traded real estate investment trust – recently announced its estimated net as

Washington Real Estate Investment Trust Announces 2013 Strategic Initiatives, Expected CEO Retirement at End of 2013 ...

Washington Real Estate Investment Trust announced several major developments, as follows.

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 »

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 ...

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