Marriott Hotel in Goleta Set to Open - KEYT

Marriott Hotel in Goleta Set to Open - KEYT

Marriott Hotel in Goleta Set to OpenKEYTThe ribbon cutting is set for Thursday afternoon at the new Goleta Marriott hotel. The $28-million hotel on Storke and Phelps Road, should be a big hit with UC Santa Barbara visitors, tourists, and out of town workers visting nearby busineses. The ...

Capital growth continues for commercial property markets

The PCNZ/IPD Commercial Property Index provides a measure of investment market performance across office, retail and industrial property sectors.

Phuket hotels hit 75% occupancy in first 6 months of the year. - 4Hoteliers

Phuket hotels hit 75% occupancy in first 6 months of the year.4HoteliersAn 11% surge in airport arrivals in the first six months of 2012 is driving Phuket's hospitality market as the destination chalks up a healthy 75% hotel occupancy island wide; total of 2.32 million passengers arrived. A rise in direct international ...and more »

Sonoma luxury hotel plan gets public review - Santa Rosa Press Democrat

Sonoma luxury hotel plan gets public reviewSanta Rosa Press DemocratThree buildings, including the Sonoma Index-Tribune newspaper office, would be demolished to make way for the $27 million hotel that Anderson hopes to open in 2015 and to earn a five-star rating. "We feel there's a void in the market for a full-service ...and more »

MGM Resorts Proposes $800 Million Massachusetts Casino-Hotel - Businessweek

Press HeraldMGM Resorts Proposes $800 Million Massachusetts Casino-HotelBusinessweekMGM Resorts International (MGM), the largest casino operator on the Las Vegas Strip, announced plans to develop an $800 million gambling, hotel and entertainment project in Springfield, Massachusetts. The MGM Springfield project, if approved, would be ...MGM unveils $800 million Mass. casino planPress Herald$800 Million Casino Proposal For SpringfieldCBS LocalMGM details plans for Springfield resortBoston HeraldBoston Globeall 147 news articles »

Chesapeake buys Chicago W for $126 million - HOTELS

Chesapeake buys Chicago W for $126 millionHOTELSChesapeake Lodging Trust announced on Tuesday that it bought the 520-room W Chicago – Lakeshore from Starwood Hotels & Resorts Worldwide for US$126 million. The hotel is one of two W-branded properties in Chicago, both located downtown.Chesapeake Lodging Trust Acquires W Chicago - Lakeshore for $126.0 MillionHotel News ResourceChesapeake Lodging pays $126M for W Chicago-Lakeshore hotelBizjournals.com (blog)Chesapeake Lodging Trust Acquires Chicago Luxury HotelMortgageorbITCM -Law360 (subscription)all 24 news articles »

Council approves $6.5M for sewer design

Commercial property owners in the Civic Center will vote in November to pay a special tax to fund the system's design. If the vote fails, the city would be responsible for the funding.

Residents ponder cemetery in Civic Center

Meeting about buying vacant commercial property also sparks ideas for a park and urgent care center.

Capital growth continues for NZ commercial property

The PCNZ/IPD Commercial Property Index provides a measure of investment market performance across office, retail and industrial property sectors. The index is comprised of data from 20 participants, representing 25 funds/portfolios with 575 assets worth ...

Highcroft Invs PLC - Commercial property investment

 HIGHCROFT INVESTMENTS PLC Commercial Property Investment The Board is pleased to announce that Rodenhurst Estates Limited (the property owning subsidiary of Highcroft Investments PLC) completed the purchase ...

Ratings: 'Hotel Hell' rises, 'Stars Earn Stripes' drops - Entertainment Weekly (blog)

The Futon CriticRatings: 'Hotel Hell' rises, 'Stars Earn Stripes' dropsEntertainment Weekly (blog)The second week of Fox's Hotel Hell held up in the Nielsens, with Gordon Ramsay's latest delivering 5.2 million viewers and a 2.0 in the adults 18-49 demographic. That's up a tick from the show's premiere. But NBC's military-themed celebrity ...Monday's Broadcast Ratings: "Hotel Hell," "Hell's Kitchen" Keep FOX in FrontThe Futon Critic'Hotel' hotter, 'Stars' stumbles in second weekVarietyRatings: Fox Wins With Gordon RamsayTheWrapHitFix -Hollywood Reporter -TheCelebrityCafe.comall 51 news articles »

COMIDA approves tax breaks for $7 million Henrietta hotel - Rochester Democrat and Chronicle

COMIDA approves tax breaks for $7 million Henrietta hotelRochester Democrat and ChronicleTax breaks given out earlier this year by the County of Monroe Industrial Development Agency helped Rochester Precision Optics with its plans to add 130 to 150 jobs and Maximus Inc. consolidate several offices into a Pittsford site with 100 jobs to follow.COMIDA OKs tax breaks for six projectsRochester Business JournalCOMIDA approves assistance for Henrietta hotelGreece Postall 7 news articles »

Downtown Hotel Gets a $20 Million Upgrade - LA Downtown News Online

Downtown Hotel Gets a $20 Million UpgradeLA Downtown News OnlineThis month, the hotel's Chinese owners changed the name. Shenzhen New World Group, which purchased the establishment in 2010 for $63 million, is temporarily calling it the L.A. Hotel Downtown. A $20 million renovation will upgrade all 469 guest rooms, ...and more »

UK Comms Prop in the red after losses on investment properties

UK Commercial Property Trust (UKCPT), a UK-focused commercial property trust, swung into the red in the first half and reported a decline in its net asset value (NAV) per share.

Property company director banned by DETI for nine years

THE boss of a commercial property company in Portrush has received a boardroom ban of nine years.

Commercial property vacancy rate 11pc

Ireland's vacancy rate for commercial property stands at 11pc in 2012. 23,834 commercial units were recorded as vacant in June 2012 from the total stock of 226,622 nationally.

Wise Choice, Judge Says, Now Forfeit $4.7 Million - New York Times

New York PostWise Choice, Judge Says, Now Forfeit $4.7 MillionNew York TimesRoberta Campbell balked at closing on an $18.75 million co-op apartment on the Upper East Side in 2009 after an inspection turned up what she felt were some grievous shortcomings: missing cooktop grates, shower enclosures and a microwave; unfinished ...Gal out $4.6M for rod rageNew York PostFairy Tale of High-End New York Real EstateCourthouse News Serviceall 3 news articles »

Cuyahoga County drops commercial property values by more than $200 million

Owners of office buildings, stores, banks, apartments and manufacturing facilities have cited low vacancies or declining sales. And the county's boards of revision -- the same panels that decide challenges filed by homeowners -- have granted the businesses sizable reductions in property values.

Strategic to Buy Manhattan Essex House Hotel for $362.3 Million - Bloomberg

USA TODAYStrategic to Buy Manhattan Essex House Hotel for $362.3 MillionBloombergStrategic's purchase will be funded with cash and a $190 million mortgage from Bank of America Corp., the lodging company said. Marriott agreed to manage the hotel for 50 years and to guarantee as much as $21.5 million of hotel net operating income ...Strategic Hotels to Buy Jumeirah Essex House for $362 MillionFox BusinessStrategic Hotels & Resorts Acquires The Essex House Hotel in New YorkHotel News ResourceOld Is New Again in Sale of Manhattan's Essex HouseWall Street Journal (blog)USA TODAY -HOTELSall 61 news articles »

Demand for commercial property increases

A property expert says New Zealand's commercial property market is through the worst of the downturn and an increasing number of participants are looking to take advantage of future opportunities.