2 Unbelievable Stocks With Dividends Of 5.1% Or Higher - Seeking Alpha

2 Unbelievable Stocks With Dividends Of 5.1% Or Higher - Seeking Alpha

2 Unbelievable Stocks With Dividends Of 5.1% Or HigherSeeking AlphaIt engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for (click to enlarge) commercial casualty, commercial property, commercial auto, and workers' ...and more »

Memphis City Council Committee Approves $2 Million for Historic Hotel Blight Remediation

At a meeting on Tuesday morning, the Memphis City Council's economic development, tourism, and technology committee approved the allocation of $2 million in city funds to remediate blight at the historic Chisca Hotel. The money will be managed by the Downtown Memphis Commission (DMC), and it is only to be used for clearing up blight.… [ Read more ] [ Subscribe to the comments on this story ]

UDR's Move to Big Cities Includes Big Property Costs - Fox Business

UDR's Move to Big Cities Includes Big Property CostsFox BusinessApartment giant UDR Inc. (UDR) is pushing forward with its plan to build up its portfolio in coastal cities while jettisoning properties in small-time markets, despite a lack of enthusiasm from some investors regarding the strategy.and more »

NYC Property Sales Led by Northern Manhattan, Brooklyn - Businessweek

GlobeSt.comNYC Property Sales Led by Northern Manhattan, BrooklynBusinessweekNorthern Manhattan and Brooklyn are leading gains in New York City commercial-property deals this year as apartment buildings in the areas attract investors, brokerage Massey Knakal Realty Services said today.NYC property sales on track to rise 19% this yearCrain's New York BusinessInvestment Sales Return to Healthy LevelsGlobeSt.comall 6 news articles »

Harbert Management Corporation Opens Real Estate Office in Dallas, Texas - Marketwatch

It was a natural move to open an office in Dallas," said ... HMC is not new to the Southwest real estate market. The firm has made 18 investments in the Southwest totalling over $450 million. Recent acquisitions include 1800 Bering, a 177,000 ...

German Property Sale Said to Draw Blackstone, Morgan Stanley - Businessweek

German Property Sale Said to Draw Blackstone, Morgan StanleyBusinessweekThe German government's sale of its TLG Immobilien GmbH real estate unit is attracting interest from investors including Blackstone Group LP (BX) and Morgan Stanley (MS) in what could be the country's largest property transaction this year, according ...and more »

Commercial Real Estate Transactions - Part I - JD Supra (press release)

Commercial Real Estate Transactions - Part IJD Supra (press release)Introducing a short series of papers by Schecter Law setting forth simplified answers to common...

Goldman buys BoQ debt at big discount - The Australian

Sky News AustraliaGoldman buys BoQ debt at big discountThe AustralianINVESTMENT bank Goldman Sachs has purchased four distressed commercial property loans worth $156 million from the Bank of Queensland for less than 40c in the dollar.BoQ sells property debt; Moody's downgrades bankBusiness SpectatorBoQ sells $156m of property debtNinemsnBank Of Queensland Accepts Goldman Sachs Offer for LoansWall Street JournalSydney Morning Heraldall 29 news articles »

CMBS Leverage Most Since '07 as Standards Loosen: Credit Markets - Bloomberg

CMBS Leverage Most Since '07 as Standards Loosen: Credit MarketsBloombergLandlords are piling the most debt onto commercial properties in five years as Wall Street banks bundle the loans into bonds to meet rising demand from investors seeking high yields amid record-low interest rates. The size of mortgages bundled into ...and more »

Technology and Energy Sectors Continue to Lead U.S. Commercial Real Estate ... - PR Newswire (press release)

The Diplomat BucharestTechnology and Energy Sectors Continue to Lead U.S. Commercial Real Estate ...PR Newswire (press release)Technology and Energy Sectors Continue to Lead U.S. Commercial Real Estate Market Says Jones Lang LaSalle. Second-quarter report reveals overall uptick in absorption, but still behind 2011 levels with more challenges ahead.Commercial real estate firms hiring, despite marketUpstart (blog)Demand for commercial property in Edinburgh is on the upStrideJones Lang LaSalle makes 13 promotionsHuddersfield ExaminerCommercial Property Executiveall 38 news articles »

Salvatore's Grand Hotel plans expansion

Russell Salvatore, owner of a steakhouse and hotel on Transit Road in Lancaster that bear his name, is planning a $2 million-plus expansion that would add a fifth floor and 19 rooms to his Salvatore's Grand Hotel.

Hard Rock Aims to Raise $250 Million to Expand Hotel Business

Hard Rock International Inc., the operator of hotels, casinos, and themed bars, is in talks with investors to raise $250 million to expand its lodging business.

UK commercial property values fell by -2.0% in first half of 2012; Values of ... - FinFacts Ireland

FinFacts IrelandUK commercial property values fell by -2.0% in first half of 2012; Values of ...FinFacts IrelandIrish/Ireland Business News, Internationa, Global, World, European Union, Financial Information - Irish Finance and Business Portal - providing Irish, European and global market information including mortgages, pensions, investment, property.The best way to profit from commercial property todayMoneyWeekUK Commercial Real Estate Values Fall 2% in 6 MonthsIPINglobal.comall 4 news articles »

Excelsior City Council moves hotel plan forward

A $12 million proposed hotel passed its first step when it went before the Excelsior City Council Monday night.

Excelsior City Council to weigh in on proposed hotel

 A 12-million dollar proposed hotel went before Excelsior City Council Monday night.

Durham considers $5.7 million for downtown hotel

Durham officials are asking the City Council to approve a $5.7 million incentive grant for a Kentucky company to remodel the historic Hill Building into a hotel and art museum.

DiamondRock Closes On The $495 Million Hotel Portfolio From Blackstone

BETHESDA, Md., July 16, 2012 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced that it completed the acquisition of a portfolio of four hotels from affiliates ...

Commercial Real Estate Leader Colliers International Expands Southeast ... - MarketWatch (press release)

Commercial Real Estate Leader Colliers International Expands Southeast ...MarketWatch (press release)Sandner Commercial Real Estate, a Birmingham-based firm that specializes in office and industrial real estate, and its staff of commercial real estate brokerage experts and property management professionals, will lead the charge by joining Colliers ...and more »

Pebblebrook Hotel Trust Completes $300 Million Credit Facility

Pebblebrook Hotel Trust today announced that it has successfully amended and restated its senior unsecured revolving credit facility. The amended credit facility was increased to $300 million and is composed of a $200 million unsecured revolving credit facility and a $100 million unsecured term loan.

Cliffbreakers Riverside Resort remains open despite foreclosure - Rockford Register-Star

ROCKFORD — Owners of Cliffbreakers Riverside Resort say they are open for business and staff ... it as foreclosure proceeds. Because real estate taxes totalling $190,000 are past due and the entire $6 million principal is owed to Fifth Third Bank ...