Commercial real estate transfers, Nov. 18

DOUGLAS

Future of Victory Christian Center linked to pending hotel deal - Edmonton Journal (blogs) (blog)

Future of Victory Christian Center linked to pending hotel dealEdmonton Journal (blogs) (blog)Frederick used the church land to register a $6-million mortgage with Ram Singh, a retired dentist. In Oct. 2010, he used Singh's money — and the collateral of the church property — in the $47.8-million purchase of the Crowne Plaza Hotel from Chateau ...and more »

Hotel investors seek talks with Nama receiver - Irish Times

Hotel investors seek talks with Nama receiverIrish TimesAbout 40 investors who injected €30 million into the west Dublin hotel have joined forces with the ACC-appointed receiver and served a 21-day notice on Nama's receiver to vacate about 200 of the 360 bedrooms in a bid to kick-start talks. The investors ...

Real-estate firm buys Tucson building

BH Pella Drive, LLC, has purchased the former Pella Corp. building (also known as Aero Business Park) in Tucson for $5.2 million. The company is an affiliate of Los Angeles-based commercial real-estate investment firm BH Properties.

'Twilight' finale dawns with $141.3 million weekend - NBCNews.com (blog)

NBCNews.com (blog)'Twilight' finale dawns with $141.3 million weekendNBCNews.com (blog)8. "Pitch Perfect," $1.3 million ($4.1 million international). 9. "Here Comes the Boom," $1.2 million ($2.5 million international). 10 (tie). "Cloud Atlas," $900,000 ($5 million international). 10 (tie). "Hotel Transylvania," $900,000 ($7.8 million ...'Twilight: Breaking Dawn Part 2' opens with $141.3 millionReality TV WorldBox Office: Final Twilight Film Goes Out on Top, But Can't Beat New MoonSeattle Post IntelligencerWeekend Box Office: Twilight Saga: Breaking Dawn 2 scores $141 million ...Huffington Post (blog)Hollywood Reporter -Screen Rantall 5,905 news articles »

Six projects adding hotels to downtown - Buffalo News

Six projects adding hotels to downtownBuffalo NewsThe new hotels would add more than 500 rooms to the local market, and business leaders say the developers' commitment of hundreds of millions of dollars to the projects is only the latest sign that people want to visit and stay over in downtown.

Dubai's Madinat to get $680 million extension - CPI Financial

The NationalDubai's Madinat to get $680 million extensionCPI FinancialThe project, which will face the Burj Al Arab area in Jumeirah, will include a luxury five-star hotel, a villa complex, restaurants and a commercial centre with retail stores and an open walking area. The hotel will have 420 rooms with sea views and ...Jumeirah unveils $680m luxury projectTrade ArabiaMohammed okays mega projects to spur tourismKhaleej TimesMohammed approves Dh2.5bn Madinat Jumeirah expansion projectEmirates 24/7all 63 news articles »

Multi-million five-star hotel in Olympia Park commissioned - UKZAMBIANS

Multi-million five-star hotel in Olympia Park commissionedUKZAMBIANSANHWI Foreign Economic Construction Company has unveiled its multi-million dollar Golden Peacock Hotel in Lusaka that is set to employ scores of Zambians. First Republican President Kenneth Kaunda and Foreign Affairs Minister, Given Lubinda ...

Owners of hotel site make claim for millions from council - Donegal Democrat

Donegal DemocratOwners of hotel site make claim for millions from councilDonegal DemocratThe owners of the site of a Donegal hotel which was demolished over 20 years ago are claiming 4.5 million euro from Donegal County Council. LTG Developments Ltd, the owners of the land on which the Port Salon Hotel stood, have invoiced the council for ...

KHC acquires Four Seasons Toronto for $ 200 million - Arab News

Hurriyet Daily NewsKHC acquires Four Seasons Toronto for $ 200 millionArab NewsRecently inaugurated, The Four Seasons Hotel Toronto offers 259 spacious luxury hotel guestrooms, including 42 suites, in Toronto's luxurious Yorkville neighborhood, in addition to a new 2,787-square-metre (30,000-square-foot) state-of-the-art spa. KHC ...Saudi prince buys hotel in CanadaHurriyet Daily NewsSaudi prince buys luxury Canada hotelThe NationSaudi KHC completes Toronto hotel acquisition for USD200mMENAFN.COMDigitalJournal.com -Zawya (registration)all 24 news articles »

Virginia Real Estate Blog Wins Platinum MarCom Award

International Award Praises Blog with Highest Honor for Innovativeness and ContentRichmond, Virginia (PRWEB) November 15, 2012 Commonwealth Partnerships Group ("CPG") is honored with a 2012 Platinum MarCom Award for their Virginia Real Estate Blog. The blog is the most comprehensive resource about news and trends in the residential and commercial real estate markets across Virginia. ...

Recent Report Reveals Commercial Real Estate Recovery Boosted by Tech Sector

A recent report by Jones Lang LaSalle shows Atlanta to be one of the fastest growing cities in America in regards to commercial office space. The city has excellent employment in the tech sector and is absorbing the third highest percentage of office space in the U.S. relative to its size. Genesis Capital highlights this report as a positive sign for the beaten-down office space market in the U ...

Torgerson Properties plans nearly $10 million restaurant, hotel remodel and ... - West Central Tribune

Torgerson Properties plans nearly $10 million restaurant, hotel remodel and ...West Central TribuneTorgerson Properties plans nearly $10 million restaurant, hotel remodel and refranchise project. WILLMAR — Torgerson Properties is planning a nearly $10 million remodeling and refranchising project at the site of the Willmar Holiday Inn, Willmar ...

Agellan Commercial Real Estate Investment Trust Files Preliminary Prospectus for Initial Public Offering

Commercial Real Estate Recovery May Accelerate in Second Half of 2013 According to Jones Lang LaSalle

CHICAGO, Nov. 15, 2012 /PRNewswire/ -- The U.S. presidential election may be over, but economic uncertainty will continue to hinder corporate decision making and impede improvement in commercial real estate ...

McPier hotel project cost rises $3 million - Chicago Tribune

McPier hotel project cost rises $3 millionChicago TribuneThe extra cost includes $1.2 million for mold remediation in the guest-room corridor in the existing hotel tower. Jim Reilly, the authority's CEO, said there have been no guest complaints and no health issues. The mold was discovered behind vinyl wall ...

Austin Davis CRE Program

Sunday, November 18, 2012