Tenants returning to renovated hotel near Mariachi Plaza

Tenants returning to renovated hotel near Mariachi Plaza

In 2010, living conditions had become so poor that dozens of tenants moved out of the Boyle Hotel to make way for a $24-million renovation. Now dozens are living in redone units. Until the cockroaches, mice and fleas took it over, the historic Boyle Hotel was once the "jewel" of Boyle Heights. For decades, it was a landing spot for mariachis, who frequented the nearby Mariachi Plaza in search of ...

GE Capital, Franchise Finance Provides $20 Million to Temple REIT to Acquire Hotel in West Edmonton, Alberta

GE Capital, Franchise Finance Provides $20 Million to Temple REIT to Acquire Hotel in West Edmonton, Alberta

F. Scott Ball Named Chief Operating Officer Of Starwood Retail Properties - Sacramento Bee

F. Scott Ball Named Chief Operating Officer Of Starwood Retail PropertiesSacramento BeeMr. Ball, who brings more than 25 years of experience in the commercial real estate industry, will be responsible for the day-to-day oversight of SRP and report directly to SRP Chief Executive Officer Scott Wolstein. "The hiring of Scott Ball is ...and more »

Management contracts help DTM Real Estate push into mainstream - Indianapolis Business Journal

Indianapolis Business JournalManagement contracts help DTM Real Estate push into mainstreamIndianapolis Business JournalA local commercial real estate firm is adding to its property management and leasing portfolio by focusing on financially distressed properties. And it's adding diversity to an industry that lacks it. DTM Real Estate Services LLC landed management and ...

Commercial Mortgage Delinquency Rates Fall - Commercial Observer

Commercial ObserverCommercial Mortgage Delinquency Rates FallCommercial ObserverChandan Economics and the Mortgage Bankers Association released data last week that points to continued improvements in the commercial real estate market. Chandan released its Q2 2012 Bank CRE Default and Lending Report, which analyzed second ...

'Foreign investors eyeing Indian realty market on a selective basis' - Hindu Business Line

Hindu Business Line'Foreign investors eyeing Indian realty market on a selective basis'Hindu Business LineIn commercial real estate, there has been a demand contraction of about 15 per cent in 2011. The market will continue to be under stress for another four quarters. And the retail real estate market is seen to be maturing. In the residential property ...Money Guru | Indian real estate market is driven by the locationLivemintNo correction in real estate prices expected despite slowdown: JLLEconomic Timesall 4 news articles »

Tucker Development, American Realty Advisors to Sell Yorkville Marketplace - GlobeSt.com

GlobeSt.comTucker Development, American Realty Advisors to Sell Yorkville MarketplaceGlobeSt.comMembership is FREE and provides access to a world of timely information, expert insight and analysis, and an unparalleled array of resources not available from other commercial real estate media outlets. SIGN UP today by simply selecting which free ...

Sahara will have to sell realty assets to pay off investors - Firstpost

FirstpostSahara will have to sell realty assets to pay off investorsFirstpostThree days of the 90-day deadline given by the Supreme Court to the Sahara Group to repay over 22 million investors in its bonds have passed. In a verdict dated 31 August, the court confirmed Sebi's order to Sahara India Real Estate Corporation (SIREC) ...and more »

Abu Dhabi hotel guests climb 11%

(MENAFN - Khaleej Times) Abu Dhabi received 1.37 million hotel guests in the January-to-July period - an 11 per cent increase over the corresponding seven-month period last year - bringing it closer ...

Commercial real estate price in Azerbaijan drops by 2.2 per cent - Trend.az

Commercial real estate price in Azerbaijan drops by 2.2 per centTrend.az"The decrease in the cost of rent for commercial property in July 2012 reduced the yield of owners of the premises by 9.2 percent," a statement said. Main part of the commercial facilities fell to the shops in the portfolio of commercial real estate ...

Fire causes $5.6 million in damages at vacant Portland hotel

Fire officials say a dramatic fire at a vacant hotel in North Portland has caused an estimated $5.6 million in damages.

Hotel fire damage: $5 million

Fire experts Tuesday will be looking for what caused the Sunday morning blaze that destroyed the Thunderbird on the River hotel. The fire caused an estimated $5 million in damage, a Portland Fire & Rescue official said.

Abu Dhabi hotels get 1.37 m guests as tourism flourishes

Abu Dhabi has welcomed 1.37 million hotel guests between January and July showing an increase of 11 percent over the corresponding seven month period last year and remains well-placed to meet its annual target of 2.3 million.

Lloyds Said Planning to Sell $2.5 Billion of Mainly Irish Loans - Bloomberg

BloombergLloyds Said Planning to Sell $2.5 Billion of Mainly Irish LoansBloombergKennedy-Wilson Holdings Inc. (KW) and Deutsche Bank AG agreed to acquire 360 million euros of non-performing commercial property loans from Lloyds at an average 83 percent discount to par value, CoStar Group Inc., the commercial real-estate ...and more »

Commercial Real Estate: Investor buys Kress Building in Santa Rosa - North Bay Business Journal

North Bay Business JournalCommercial Real Estate: Investor buys Kress Building in Santa RosaNorth Bay Business JournalJeff Quackenbush The Kress Building in downtown Santa Rosa was sold for $4.23 million, or about $227 a square foot for the 18,600 square feet of rentable retail and office space in the 80-year-old building at 613 and 615 Fourth St. The buyer in the Aug.

Abu Dhabi on track to meet 2012 hotel guest target

The Emirate of Abu Dhabi has welcomed 1.37 million hotel guests between January and July showing an increase of 11 percent over the corresponding seven month period last year.

Binghamton needs to pay off $2.8 million for hotel

The city of Binghamton is trying to pay off $2.8 million for a recently revived hotel and conference center it sold in 2010.

Developer proposes new hotel in Old Port

But the president and chief executive officer of the Greater Portland Convention and Visitors Bureau objects, saying the $13 million hotel could add to already low occupancy rates.

Commercial real estate recovering slowly - Conway Daily Sun

AZ Central.comCommercial real estate recovering slowlyConway Daily SunWASHINGTON — Positive underlying fundamentals continue to support all of the major commercial real estate sectors, but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas, according to the National ...Organizational Structure of a Commercial Real Estate CompanyAZ Central.comConnections of the WeekTampa Bay Business JournalTampa Commercial Real Estate finds location for an Industrial User in TampaVirtual-Strategy Magazine (press release)all 5 news articles »

Moscow sells historic Metropol hotel for $277 million

Moscow on Thursday sold off for $277 million its landmark Hotel Metropol near the Kremlin, an iconic Art Nouveau building where Lenin once gave speeches and stars like Michael Jackson have stayed.