Monday, July 16, 2012

Excelsior City Council moves hotel plan forward

Excelsior City Council moves hotel plan forward

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.

Catonsville pumping station getting $2.8M renovation - Baltimore Sun

If all goes according to schedule, construction crews will have completed a $2.8 million renovation that will make monitoring the stations easier so crews can respond more quickly to signs of a problem. The renovation comes as a result of a $1 ...

Washington Trust Appoints Hagerty EVP Commercial Lending and Chief ... - EON: Enhanced Online News (press release)

Washington Trust Appoints Hagerty EVP Commercial Lending and Chief ...EON: Enhanced Online News (press release)Washington Trust has appointed James M. Hagerty as EVP Commercial Lending and Chief Credit Officer. He was formerly Rhode Island Regional Manager for.and more »

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.

Rose Bowl Renovation Hits $38 Million Snag - Laist.com

The Rose Bowl's ongoing facelift hit a slight snag that could postpone millions of dollars of work still slated as part of the upgrade. And when we say slight, we mean $37.6 million. Rose Bowl officials disclosed Saturday that the project ...

American Realty Acquires Asset - Analyst Blog - NASDAQ

American Realty Acquires Asset - Analyst BlogNASDAQAmerican Realty, which competes with the likes of Federal Realty Investment Trust ( FRT ), is scheduled to release its second quarter 2012 earnings on July 31, 2012. The Zacks Consensus Estimate for second quarter 2012 FFO (fund from operations) is ...and more »

Federal Realty Investment Trust Prices Offering of $250 Million Senior ... - Sacramento Bee

Federal Realty Investment Trust Prices Offering of $250 Million Senior ...Sacramento BeePRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced the pricing of its public offering of $250 million aggregate principal amount of 3.00% senior unsecured notes due August 1, 2022. The notes were offered at 98.743% of the ...Federal Realty - New Bonds Are AttractiveSeeking AlphaFederal Realty Investment Trust to begin Pike & Rose projectUpstart (blog)Federal Realty Investment Trust Prices $250 Mln Senior Notes OfferingNASDAQall 16 news articles »

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 ...

Shanghai magnate plans hotel on $53m Auckland site

A multimillionaire Shanghai businessman has bought a long-vacant site in Auckland's CBD and is planning a five-star hotel tower there.Furu Ding of the wealthy New Development Group paid $53 million for one of the central city's...

BTB Real Estate Investment Trust Announces Its Distribution for the Month of ... - Sacramento Bee

BTB Real Estate Investment Trust Announces Its Distribution for the Month of ...Sacramento BeeCNW Telbec/ - BTB Real Estate Investment Trust (TSX: BTB.UN) announced today that the monthly cash distribution for the month of July 2012 is $0.0333 per unit, representing $0.40 per unit on an annualized basis. The cash distribution will be paid on ...Canadian Real Estate Investment Trust Announces July 2012 DistributionMarketWatch (press release)Cominar Real Estate Investment Trust Announces July 2012 Monthly DistributionStockhouseChartwell REIT Announces July 2012 DistributionDaily Commercial Newsall 21 news articles »

Palace renovation: Top 10 changes for Detroit Pistons fans in 2012 - ESPN

"(Gores) has a much longer-ranged vision." Since the Palace opened in November 1988, more than $117.5 million has been invested in the facility, according to officials. The ongoing renovation is expected to be the largest since 2006 when the ...

Partners Real Estate Investment Trust (TSX:PAR.UN) Announces Distribution of ... - SYS-CON Media (press release)

Partners Real Estate Investment Trust (TSX:PAR.UN) Announces Distribution of ...SYS-CON Media (press release)VICTORIA, BRITISH COLUMBIA -- (Marketwire) -- 07/16/12 -- Partners Real Estate Investment Trust ("Partners REIT") (TSX:PAR.UN) is pleased to announce a $0.05333 per unit distribution for July 2012. The distribution will be paid on August 15, 2012 to ...and more »

81200 Square Foot Lease Extension In San Diego Through 2018 Signed By ... - MarketWatch (press release)

81200 Square Foot Lease Extension In San Diego Through 2018 Signed By ...MarketWatch (press release)About BioMed Realty TrustBioMed Realty Trust, Inc. is a real estate investment trust (REIT) focused on Providing Real Estate to the Life Science Industry®. The company's tenants primarily include biotechnology and pharmaceutical companies, scientific ...and more »

RioCan REIT & Allied Properties REIT Announce A Strategic Venture for Urban ... - MarketWatch (press release)

Globe and MailRioCan REIT & Allied Properties REIT Announce A Strategic Venture for Urban ...MarketWatch (press release)TORONTO, ONTARIO, Jul 16, 2012 (MARKETWIRE via COMTEX) -- RioCan Real Estate Investment Trust ("RioCan") (TOR:CA:REI.UN) and Allied Properties Real Estate Investment Trust ("Allied") (TOR:CA:AP.UN) have entered into a non-exclusive ...RioCan, Allied Properties team up to develop mixed-use propertiesFinancial Postall 14 news articles »

Digital Realty And Savvis Joint Venture Completes Acquisition Of Hong Kong ... - MarketWatch (press release)

DatacenterDynamicsDigital Realty And Savvis Joint Venture Completes Acquisition Of Hong Kong ...MarketWatch (press release)SINGAPORE, July 16, 2012 /PRNewswire via COMTEX/ -- Digital Realty Trust, Inc. (NYSE:DLR) , a leading global provider of data centre solutions, and Savvis, a CenturyLink company (NYSE:CTL) and global leader in cloud infrastructure and hosted IT ...Digital Realty Completes Acquisition Of Sentrum Portfolio In LondonPR Newswire (press release)Savvis, Digital Realty buy Hong Kong data centerBizjournals.comall 27 news articles »

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.

Heartland Financial USA Continues to Sell Real Estate on Online Auction ... - MarketWatch (press release)

Heartland Financial USA Continues to Sell Real Estate on Online Auction ...MarketWatch (press release)... Arizona Bank & Trust, Rocky Mountain Bank, Wisconsin Community Bank and Summit Bank and Trust, has once again employed the services of Freedom Realty Exchange (FRE.com) to market and sell a portfolio of OREO properties via an online auction.and more »

Rutgers redevelopment clears local hurdle in New Brunswick, but state questions remain - NJ.com

NEW BRUNSWICK — The Rutgers University $295 million redevelopment in the city's downtown has cleared one local hurdle even as the plan awaits some vital state funding. An official said the planning board recommendation passed Tuesday night ...

Prairie Meadows sets record with $195 million in one year

IOWA CASINO PROFITS: Prairie Meadows Racetrack and Casino broke a record for raking in cash the past 12 months and has already paid off the mortgage on its new $32 million hotel.

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