Luxury Irish hotel sells for half 2007 price

Luxury Irish hotel sells for half 2007 price

DUBLIN, Nov 4 — A luxury Irish hotel made famous in the classic John Wayne movie "The Quiet Man" went on sale for half the price paid for it five years ago.  Ashford Castle, a five-star hotel on 365 acres of land on the west coast, is on the market for €25 million (RM97.8 million) — €25 million less than property developer Gerry Barrett paid for ...

Warning over commercial property crash - Scotland on Sunday

Scotland on SundayWarning over commercial property crashScotland on SundayAccording to real estate research firm CoStar, the package is just one of five UK non-performing loan (NPL) deals that Lloyds is expected to complete by the end of the year. The bank has confirmed it shed £4.1bn in UK commercial real estate loans over ...

Intellectual property theft hurts small businesses - Minneapolis Star Tribune

Minneapolis Star TribuneIntellectual property theft hurts small businessesMinneapolis Star TribuneRoss Anderson, director of global operations at Midwest Rubber Service & Supply, held up a sample of the stamp they use on a Linatex rubber squeegee, which are used in large floor cleaning machines, Wednesday, October 31, 2012 in Plymouth, MN.

Mid-America Transplant Services and its executives dabble in real estate - STLtoday.com

Mid-America Transplant Services and its executives dabble in real estateSTLtoday.comThose business ties include ongoing real estate deals involving the investments of Mid-America, its chief executive, Dean Kappel, and two board members — a commingling of corporate and personal investments that raises potential conflicts of interest.

Hotel Pere Marquette renovation hits the home stretch

The end product of a $32.5 million investment by the residents of Peoria to renovate the Hotel Pere Marquette now sits in the calloused hands of construction workers. On a tour of the 86-year-old building Friday, developer Gary Matthews touted efforts to maintain historic integrity in the hotel while simultaneously describing what will be its modern amenities.

Deal to move Barracuda Networks to Maynard Street wins commercial real ... - AnnArbor.com

Deal to move Barracuda Networks to Maynard Street wins commercial real ...AnnArbor.comThe deal was one of the largest commercial real estate leases in downtown Ann Arbor in recent years, and it could create more than 200 new jobs downtown if Barracuda achieves its hiring goals. For these reasons, the deal earned AnnArbor.com's 2012 Deal ...

Convention center hotel on track to open in 2014

Hotel developers update city council on progress

The Hartford Reports Higher Profits On Price Increases, Fewer Catastrophes - Hartford Courant

The Hartford Reports Higher Profits On Price Increases, Fewer CatastrophesHartford CourantThe Hartford Financial Services Group reported much higher earnings in the third quarter compared with a year ago, driven by a very quiet summer in terms of natural disasters and higher prices on home, auto and commercial property insurance. Net income ...and more »

Capital Nobel Inc. Announces Proposed Acquisition of Two Commercial ... - Sacramento Bee

Capital Nobel Inc. Announces Proposed Acquisition of Two Commercial ...Sacramento BeeThis second property is an office building located at 1190 Place Nobel, Boucherville, in the commercial zone of the 20/20. It is located at the intersection of the highway 20 and Volta Street, providing primary visibility and accessibility to major ...and more »

Cincinnati's commercial real estate industry picks up - Cincinnati Business Courier (blog)

VietNamNet BridgeCincinnati's commercial real estate industry picks upCincinnati Business Courier (blog)The Business Courier's two lists this week, "Largest Tri-State Commercial Real Estate Developers" and "Largest Tri-State Commercial Real Estate Management Firms" both offer a more robust picture of the area's commercial activity so far this year ...Banks urged to disburse money to rescue property marketVietNamNet Bridgeall 3 news articles »

Property/casualty continues to firm in third quarter - Business Insurance

Property/casualty continues to firm in third quarterBusiness InsurancePrices in the commercial property/casualty market continued firming in the third quarter of 2012, albeit at a slightly slower pace than in prior quarters this year, according to the Council of Insurance Agents & Brokers. The Washington-based council's ...

Holman Grand Hotel closing

Charlottetown's new Holman Grand Hotel will close on Monday, and the future of the downtown building is now uncertain.

Group eyes casino-hotel at sports complex's Holiday Inn

A group that wants to add a casino to the Holiday Inn at the sports complex in South Philadelphia has emerged as a contender for the city's second gaming license.

Orient Express posts profit, reviewing Tatas' offer

Swinging back into profit for the third-quarter with net earnings of about $18 million, luxury hotel chain operator Orient Express on Friday said it is consulting financial and legal advisors on the Tata group's takeover bid and will reply to the offer in due course of time.

Morgans Hotel Group Reports Third Quarter 2012 Results

NEW YORK, Nov. 1, 2012 /PRNewswire/ -- Morgans Hotel Group Co. (NASDAQ: MHGC) ("MHG" or the "Company") today reported financial results for its third quarter ended September 30, 2012.  ...

New Stress for Struggling Commerical Properties: Sandy - Wall Street Journal (blog)

New Stress for Struggling Commerical Properties: SandyWall Street Journal (blog)Mr. Trifon predicted that the number of commercial properties needing the attention of special servicers will be more than what was seen after Hurricane Katrina, given the increased density of the affected areas. The number will depend on the extent of ...and more »

Towson University Marriott Conference Hotel: A New Look and Feel

The Towson University Marriott Conference Hotel, already a leader in the field of extended-stay lodging in Baltimore, completed a multi-million dollar renovation in April of this year. The transformed ...

Booth leads star guests at hotel opening

The spirit of The Great Gatsby was channelled at the much-anticipated opening of The Terrace Hotel tonight.

DC to commercial property owners: Shut your doors in the summer or face fines - Bizjournals.com (blog)

DC to commercial property owners: Shut your doors in the summer or face finesBizjournals.com (blog)On a typical summer day in D.C., overheated pedestrians may be lured into shops, restaurants, museums and office buildings by the cool air escaping from propped-open doors and windows. But air conditioning as a marketing tool may be coming to an end ...

Controversy over the Kirk's £13 million luxury hotel in the Holy Land

A high-level Church of Scotland delegation has just visited Israel, amid continuing controversy over the Kirk's ownership of a luxury hotel in the town of Tiberias, on the Sea of Galilee.