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

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 $156m of property debtSky News AustraliaBank Of Queensland Accepts Goldman Sachs Offer for LoansFox Businessall 29 news articles »

Memphis economic development agency to review budget at Wednesday public meeting

The EDGE (Economic Development Growth Engine) board meets on the $2.3 million budget at the Marriott East Hotel.

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 40 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.

Property group extends reach with funding - Yorkshire Post

Yorkshire PostProperty group extends reach with fundingYorkshire PostLeeds & London Land has secured a £1.33m loan from Santander Corporate Banking to fund the acquisition of three commercial freehold properties and a car park in Bradford city centre plus a fourth commercial property in Hull.Leeds & London lands £1.3m portfolio expansion loan from SantanderEasier (press release)Investment firm acquires string of propertiesThe Business Desk (registration)all 3 news articles »

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.

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 ...

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 ...

Examine the commercial real estate spectrum in Gwinnett - Gwinnett Business Journal

Gwinnett Business JournalExamine the commercial real estate spectrum in GwinnettGwinnett Business JournalJuly 2012 Special Focus: Commercial Real Estate. Gwinnett's commercial real estate industry and its professionals are part of a complex food chain working in concert to form, grow and sustain a thriving local economy. Like an ecosystem, each component ...

Rose Bowl officials weigh deferring $14 million in renovation elements - San Gabriel Valley Tribune

PASADENA - Squeezed by a $37.6 million funding gap, Rose Bowl officials are considering postponing $14.3 million in project elements of the stadium renovation project. The Rose Bowl renovation project cost as originally envisioned has grown from ...

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 ...

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.