Tuesday, February 12, 2013

SkyCity Hamilton's $35m hotel to open 2014 - Stuff.co.nz

SkyCity Hamilton's $35m hotel to open 2014 - Stuff.co.nz

SkyCity Hamilton's $35m hotel to open 2014 - Stuff.co.nz

Stuff.co.nzSkyCity Hamilton's $35m hotel to open 2014Stuff.co.nzBuilding of SkyCity Hamilton's new $35 million hotel is scheduled to get under way later this year, with opening likely at the end next year. Announcing today a 3.6 per cent lift in Hamilton earnings before interest, tax, depreciation and amortisation ...SkyCity first-half profits drop 16pcNew Zealand Heraldall 8 news articles »

Audit Criticizes 1998 Deal by City for Times Sq. Hotel - New York Times

New York TimesAudit Criticizes 1998 Deal by City for Times Sq. HotelNew York TimesMarriott, whose Marquis Times Square generates more revenue than any other hotel in its worldwide portfolio, also owes the city $3.6 million and failed to keep adequate records that would enable the city to determine whether it has received all the ...Controller Liu: Luxury Times Square Marriott Marquis Hotel could cost city ...New York Daily NewsA 'Disgraceful' Deal With Marriott Could Cost NYC $345 Million This YearBusiness InsiderOld Marriott Deal Gets New ScrutinyWall Street JournalCrain's New York Business (subscription) -DNAinfo -NY1all 11 news articles »

SBE Entertainment secures last of $415 million in financing for Sahara - Las Vegas Review-Journal

Wall Street JournalSBE Entertainment secures last of $415 million in financing for SaharaLas Vegas Review-JournalSBE, which operates nightclubs and restaurants in major U.S cities, announced last April, it secured $300 million in financing to transform the Sahara into the SLS, which is the company's luxury boutique hotel brand. The remaining financing came ...Closed Casino Banks on US ProgramWall Street Journalall 2 news articles »

True North Commercial Real Estate Investment Trust completes four previously announced acquisitions

True North Commercial Real Estate Investment Trust completes four previously announced acquisitions

PREIT Sells Orlando Fashion Square Mall

Pennsylvania Real Estate Investment Trust announced today that it has sold Orlando Fashion Square Mall in Orlando, Florida for $35.0 million in cash, resulting in a gain of approximately $0.6 million to be recognized in the first quarter of 2013.

Weather leaving no room for hotel - Pratt Tribune

Weather leaving no room for hotelPratt TribuneWith a $4.5 million hotel at stake, it's better to take the time and spend a little extra money to make sure the foundation won't crack and will be structurally sound. "You want to make sure it isn't going anywhere," said Blankenship who will not put ...

Lexington Realty Trust Announces Financings

NEW YORK -- Lexington Realty Trust ("Lexington") , a real estate investment trust (REIT) focused on single-tenant real estate investments, announced that it refinanced its existing secured credit ...

BioMed Realty Trust Provides Notice of Redemption of 7.375% Series A Cumulative Redeemable Preferred Stock

SAN DIEGO, Feb. 12, 2013 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) (the "Company"), a real estate investment trust (REIT) that delivers optimal real estate solutions for the life ...

Urstadt Biddle Properties Inc. Announces the Hiring of Zach Fox as Acquisitions Manager

Urstadt Biddle Properties Inc. a real estate investment trust, today announced that it has hired Zach Fox to the position of Acquisitions Manager. He was previously the Director of Retail and Economic Development for the Downtown Alliance where he held a seat on The Real Estate Board of New York's Store Broker's Committee and the ICSC Alliance Planning Committee.

Daniel Drimmer acquires units of Truth North Commercial Real Estate Investment Trust

Daniel Drimmer acquires units of Truth North Commercial Real Estate Investment Trust

HCP's 4Q funds from operations, profit soar

HCP Inc., a real estate investment trust that focuses on health care facilities, said Tuesday its funds from operations more than doubled in the fourth quarter, as rental and related revenues climbed.The ...

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

Nashville Public RadioRyman 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 ...Occupancy rises, average room rate slips at Grapevine's Gaylord TexanDallas Morning NewsRyman Hospitality posts $14.95M 4Q lossNashville Business Journal (blog)Tough Conversion, Confident Outlook at Ryman PropertiesNashville Public Radioall 10 news articles »

Pure Industrial Real Estate Trust Announces Closing of $69.7 Million Bought Deal

Pure Industrial Real Estate Trust Announces Closing of $69.7 Million Bought Deal

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

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 »

Wheeler Real Estate Investment Trust, Inc. to Purchase Free-Standing Retail Property for $10.6 Million

Wheeler Real Estate Investment Trust, Inc. , a company specializing in owning, acquiring, financing, developing, renovating, leasing and managing income producing assets, such as community centers, neighborhood centers, strip centers and free-standing retail properties, announced today that it has contracted to purchase Bixby Commons, a 75,000 square foot free-standing retail property, for a ...

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 ...

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 »

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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