Ryman Hospitality recorded $26.6 million loss in 4Q - The Tennessean

Ryman Hospitality recorded $26.6 million loss in 4Q - The Tennessean

Ryman Hospitality recorded $26.6 million loss in 4QThe TennesseanLast year, Ryman shareholders voted to sell the firm's Gaylord Hotel brand name and management rights to Gaylord's four resort hotels, including the Opryland resort, to Marriott for $210 million. Ryman reported fourth quarter revenue of $266.3 million ...Ryman Hospitality posts $14.95M 4Q lossNashville Business Journal (blog)all 6 news articles »

Parmenter Realty Partners Completes BOMA's International 7-Point Challenge

Parmenter Realty Partners recently completed the five-year Building Owners and Managers Association International's 7-Point Challenge. The challenge encouraged commercial real estate companies to reduce their use of natural resources, non-renewable energy sources and waste production.

Controller Liu: Luxury Times Square Marriott Marquis Hotel could cost city ... - New York Daily News

New York Daily NewsController Liu: Luxury Times Square Marriott Marquis Hotel could cost city ...New York Daily NewsThe city's 1998 lease agreement with the Marriott Marquis Hotel in Times Square was a disastrous move that could cost taxpayers a staggering $344 million, according to a new audit. "This is one of the worst deals since Manhattan was sold for $24," said ...

A Colorado Crown Jewel, Better Than Ever: Hotel Jerome In Aspen - Forbes

A Colorado Crown Jewel, Better Than Ever: Hotel Jerome In AspenForbesWhen the Hotel Jerome first opened in downtown Aspen in 1889, at the height of the city's silver boom, it was among the poshest hotels west of the Mississippi. Built for $150,000—about $1.6 million in today's dollars—it was designed to rival ...

True North Commercial Real Estate Investment Trust Closes Previously Announced Offering and Private Placement

True North Commercial Real Estate Investment Trust Closes Previously Announced Offering and Private Placement

67% revenue growth forecast for UAE tourism sector by 2016 - Zawya (registration) (press release)

67% revenue growth forecast for UAE tourism sector by 2016Zawya (registration) (press release)Abu Dhabi has recorded similarly buoyant figures with 2012 another record year according to the Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), which revealed that in 2012 it welcomed 2.3 million hotel guests to the emirate's hotels and hotel ...and more »

In The Pipeline: CoStar Development & Construction News for Feb. 10 - 16

In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Plaza Group ...

Real estate players turn their eyes to hotels - Globe and Mail

Globe and MailReal estate players turn their eyes to hotelsGlobe and MailAbout $1.1-billion worth of hotel deals were done in 2012, and $437-million – or about 40 per cent – will be converted to alternate uses, according to the report. Among recent deals that highlight the push to re-purpose hotels include the Sutton Place ...

Meadowlands hotel bought for $21.7 million - NorthJersey.com

Meadowlands hotel bought for $21.7 millionNorthJersey.comThe Renaissance Meadowlands Hotel in Rutherford has been sold for $21.7 million, to new owners who plan a $5.25 million renovation of the property. The 167-room hotel off Route 3 East, which has a CK's Steakhouse on its premises, was purchased by ...and more »

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 ...

Real estate roundup

Recent commercial real estate transactions as reported by area brokerage firms.

CORFAC International Adds Global Affiliates in Canada, Belgium and Romania

FALLS CHURCH, Va. -- CORFAC International 2013 President Bill Hawkins announced the addition of new commercial real estate affiliates in Canada, Belgium and Romania. Corporate Facility Advisors (CORFAC) ...

Standard Life Targets Stockholm Offices Saying Market Among Best

Standard Life Investments, the manager of 205 billion euros ($278 billion) of assets, plans to buy commercial real estate in Stockholm after calling the Swedish capital one of Europe's most attractive markets.

Commercial Real Estate Firm Announces Availability of Non-Recourse Commercial Mortgages

Non-Recourse Commercial Mortgages are currently being offered by Clopton Capital, a national commercial real estate finance company. (PRWeb February 09, 2013) Read the full story at http://www.prweb.com/releases/2013/2/prweb10415381.htm

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 ...

Apollo Commercial Real Estate Finance, Inc. Closes Two Mezzanine Loans Totaling $43 Million

Apollo Commercial Real Estate Finance, Inc. today announced the closing of two mezzanine financing transactions totaling $43 million. The first investment was an $18 million mezzanine loan secured by a ...

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 »