Prairie Meadows sets earnings record

Prairie Meadows sets earnings record

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

Russian property: prime site on the Moscow road - Financial Times

Looking for yields of 11.75 per cent in commercial property? How about Russia? Below the break is a snapshot from the Moscow region from Raven Russia, the London-listed Russia-focused commercial property group. Raven said in a statement ...

Idaho investors who lost more than $3 million in Dominican Republic hotel investment will get back $500,000

Officials with the Idaho Department of Finance say a group of Idahoans who lost more than $3 million

Seesmart Selected by SL Green Realty Corp. for One of the Nation's Largest ... - MarketWatch (press release)

Seesmart Selected by SL Green Realty Corp. for One of the Nation's Largest ...MarketWatch (press release)SIMI VALLEY, Calif., Jul 18, 2012 (BUSINESS WIRE) -- LED lighting manufacturer Seesmart Technologies, Inc. (OTN:SEST) today announced that it has been selected by SL Green Realty Corp., New York City's largest commercial property owner, to install its ...Seesmart Selected for One of Nation's Largest LED Lighting RetrofitsGreen Building Elementsall 9 news articles »

Nazarian's SBE to Open Luxury Hotel as First NYC Property

Sam Nazarian, the Los Angeles restaurant and nightclub owner, plans to open an $85 million SLS Hotel in New York, the first in the city for the luxury brand.

BoQ shrugs off Moody's cut, warns on property - The Australian

NEWS.com.auBoQ shrugs off Moody's cut, warns on propertyThe AustralianBANK of Queensland is confident its third rating blow in eight months will have little impact but warns that the southeast Queensland property market remains weak.BoQ sells property debt; Moody's downgrades bankBusiness SpectatorBoQ sells $156m of property debtNinemsnGoldman Sachs snaps up BoQ problem loansSydney Morning Heraldall 54 news articles »

TIAA-CREF Awards Cassidy Turley Leasing and Property Management ... - MarketWatch (press release)

TIAA-CREF Awards Cassidy Turley Leasing and Property Management ...MarketWatch (press release)"We look forward to assisting TIAA-CREF in enhancing the value of their commercial real estate portfolio by providing our top-of-the-line leasing and property management services for these outstanding assets," commented Joe Stettinius, President of ...and more »

New York City Commercial Transactions over $5M up 33% in Q2 2012 - YAHOO!

PropertyShark.com, a New York based online provider of real estate data, has released its quarterly Commercial Real Estate Report covering New York City. The number of commercial transactions over $5 million closed during Q2 2012 was ...

State of the SA property market Q2 2012 - SA Commercial Prop News

State of the SA property market Q2 2012SA Commercial Prop NewsFor now, no sudden improvement in the demand for office space can be expected as key demand drivers are losing their vigour. This is the opinion of property economist Erwin Rode in the latest issue of Rode's Report on the S.A. Property Market.and more »

5 Steps to Make the Business Case for Solar - Triple Pundit

Triple Pundit5 Steps to Make the Business Case for SolarTriple PunditBusinesses that own or lease commercial property have great difficulty identifying and authorizing cost-effective solar projects in time to leverage available incentives and favorable market conditions. They have to evaluate the business case for solar ...and more »

US property tax Q1 revenue down, seen sliding more - SA Commercial Prop News

US property tax Q1 revenue down, seen sliding moreSA Commercial Prop NewsLocal U.S. property tax revenue fell 0.9 percent in the first quarter of 2012 versus a year ago and likely will keep sliding in the coming quarters, a report said on Monday.and more »

Regents' panel OKs UCLA conference center, hotel

The $162-million facility moves ahead despite opposition from some Westwood-area residents and hotel operators. SAN FRANCISCO — UCLA's controversial plan to build a conference center and 250-room hotel on campus won crucial approval Tuesday from a University of California regents' panel.

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.

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 ]

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 Real Estate Demand Shifts to Upper Manhattan, BrooklynSan Francisco ChronicleInvestment Sales Return to Healthy LevelsGlobeSt.comall 7 news articles »

NYC Property Sales Led by Northern Manhattan, Brooklyn - Bloomberg

Northern 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. Sales of properties in upper ...

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...

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 »

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.

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.