Keeneland yearling sales give lift to Lexington restaurants, hotels - The Courier-Journal

Keeneland yearling sales give lift to Lexington restaurants, hotelsThe Courier-JournalAbout $200 million will change hands at Keeneland in the next two weeks as the world's largest sale of thoroughbred yearlings takes place for the 69th year. But horse owners won't be the only beneficiaries of the flow of dollars from all over the world ...and more »

A Marriott on the Block - Wall Street Journal

Wall Street JournalA Marriott on the BlockWall Street JournalThe fund has hired brokerage Eastdil Secured to market the debt-free, 646-room hotel on Lexington and 49th Street. The seller envisions a price tag in the range of $350 million, or about $542,000 per room, which might be achievable given the strength ...

upgrades for Wellington hotels - Stuff.co.nz

Stuff.co.nzupgrades for Wellington hotelsStuff.co.nzThe capital's hotel scene just got $7 million more swish as Novotel on The Terrace completed refurbishing all of its 139 rooms and the aging Central City Hotel will be rebranded Grand Mercure this weekend in an expensive exercise. Although there has ...and more »

Can arena growth fill three hotels? - Allentown Morning Call

TheNewsTribune.comCan arena growth fill three hotels?Allentown Morning CallSeptember 08, 2012|By Matt Assad, Of The Morning Call. Since two Maryland investors bought the Holiday Inn Center City Allentown in 2007, the downtown's only nightly hotel has lost more than $2 million and posted an occupancy rate of just 35 percent.New Holiday Inn Express in Tacoma to open next JuneTheNewsTribune.comall 3 news articles »

OCEANSIDE: Downtown hotel plan revived, redesigned - North County Times

OCEANSIDE: Downtown hotel plan revived, redesignedNorth County TimesA stalled $35 million hotel project on the edge of Oceanside's downtown has been revived and redesigned with a goal of starting construction by next summer. Renamed 1010 Oceanside, the former Belvedere project on Mission Avenue and Horne Street ...

Hotel developers line up to build in downtown Nashville - The Tennessean

Hotel developers line up to build in downtown NashvilleThe TennesseanIn recent months, hotelier Ray Dayal's Pinnacle Hotels spent $5.25 million on land near downtown's new Music City Center convention hall for future development. Not far away, The Mathews Co. has land at another corner of Fifth Avenue South and Korean ...and more »

Red Lion Hotel Sacramento Trades for $9 Million - CoStar Group

Modesto BeeRed Lion Hotel Sacramento Trades for $9 MillionCoStar GroupThe Red Lion Hotel Sacramento at Arden Village, a 270-room hotel in Sacramento, sold for $9 million or $33,333 per room. Red Lion Hotels Corp. (NYSE: RLH) traded the hospitality property to Kumar Sharma's Jai Shri Ram Hospitality Group of Sacramento ...Indian American entrepreneur worked his way upSacramento BeeRed Lion Hotels Announces Sale of its Sacramento Hotel; Adds New ...Melodika.net (press release)all 9 news articles »

Commercial real estate notes

Pace Properties represented parties in these transactions:

Visas-for-Dollars Program a Boon to Hotel Developers - New York Times

New York TimesVisas-for-Dollars Program a Boon to Hotel DevelopersNew York TimesSince the Seattle deal in 2008, the company has endorsed 14 projects that use EB-5 financing, including the downtown Milwaukee Marriott, a Courtyard Marriott in Midtown Manhattan and a $168 million hotel near the Staples Center in Los Angeles.and more »

'Hotel' finale down but wins slow Monday: Ratings droop on holiday; NBC's ... - Chicago Tribune

The Futon Critic'Hotel' finale down but wins slow Monday: Ratings droop on holiday; NBC's ...Chicago TribuneAccording to preliminary national estimates from Nielsen, Fox won Monday among young adults as ''Hotel Hell'' averaged a 1.7 rating/5 share in adults 18-49 and 4.4 million viewers overall from 8 to 10 p.m., winning its time period in 18-49 but down ...Monday's Broadcast Ratings: "Hotel Hell" Goes Out on Top for FOXThe Futon CriticTV Ratings: 'Hotel Hell' wins Labor Day Monday for FOXHitFixRatings: 'Hotel Hell' Down in Finale; Fox Wins NightTheWrapZap2it.com (blog) -Hollywood Reporterall 84 news articles »

Commercial Real Estate Loan Prices Dip in July

The aggregate value of Commercial Real Estate loans priced by DebtX that collateralize CMBS dropped to 88.3% as of July 31, 2012 from 88.4% as of June 30, 2012. Loan values w

Despite economy, hotels to fill 3 million of 4.8 million rooms - USA TODAY

USA TODAYDespite economy, hotels to fill 3 million of 4.8 million roomsUSA TODAYOn an average night in 2012, nearly 3 million of the USA's 4.8 million hotel rooms will be occupied, PKF says. That's almost 6% greater than the levels of lodging demand accommodated in 2007, the prior peak in the year before the great industry recession.

Election complicates commercial real estate forecast

Two divergent real estate views for the rest of the year seem to be emerging....

CARMEN Commercial Real Estate to Promote Indiana at European Economic Development Symposium

INDIANAPOLIS, IN-- - CARMEN Commercial Real Estate Services will be promoting Indiana economic development opportunities to European companies exploring expansion into North and South America at an international ...

Start-ups Fueling Commercial Real Estate Boom

Can't find affordable office space? Blame your fellow entrepreneurs. In the country's biggest tech clusters, rent prices are going through the roof. Craig Sakuma and Greg Lok are the founders of Deal Decor, a seven-person e-commerce company based in San Francisco that sells discounted furniture directly from overseas manufacturers. In the early days, the founders worked from home to save money ...

Austin Davis CRE Program

Sunday, September 9, 2012