Wednesday, November 21, 2012

Sheraton Hotels & Resorts invests $230 Million in iconic Hawaiian properties - ITCM

Sheraton Hotels & Resorts invests $230 Million in iconic Hawaiian properties - ITCM

Sheraton Hotels & Resorts invests $230 Million in iconic Hawaiian properties - ITCM

Dividend.comSheraton Hotels & Resorts invests $230 Million in iconic Hawaiian propertiesITCMStarwood Hotels & Resorts Worldwide, Inc. have announced that its largest brand, Sheraton Hotels & Resorts, and its owners invested more than $230 million to refurbish its four iconic Hawaiian properties. The large-scale, multi-year project was ...Sheraton Waikiki completes 188 million upgradeTravel WeeklySTARWOOD HOTELS & RESORTS WORLDWIDE, INC : Premier Resort in ...4-tradersall 38 news articles »

New Marriott is Frederick County's 21st hotel - Gazette.Net: Maryland Community News Online

New Marriott is Frederick County's 21st hotelGazette.Net: Maryland Community News Online"In 2011, Frederick County posted the highest increase in hotel room demand within the state which translated into estimated tourism expenditures of over $300 million," the report said. Revenue generated from hotels has also been good for Frederick ...

Mauna Lani Bay Hotel & Bungalows to get a $30M upgrade in 2013 - Bizjournals.com

Mauna Lani Bay Hotel & Bungalows to get a $30M upgrade in 2013Bizjournals.comThe Mauna Lani Bay Hotel & Bungalows on the Kohala Coast on the Big Island of Hawaii is working with WATG/Wimberly interiors on a $30 million hotel renovation planned for 2013. "The renovation will heighten the authentic, timeless Hawaiian experience ...and more »

Opening date for $27-million airport hotel up in air - TheChronicleHerald.ca

Opening date for $27-million airport hotel up in airTheChronicleHerald.caThere's still no firm opening date for the new $27-million ALT Hotel Halifax under construction at Halifax Stanfield International Airport. "I don't believe there's an official opening date," said Jennifer Delorey Lyon of the Halifax International ...and more »

Cassidy Turley Secures $27.8 Million Financing for 1666 K Street, NW in Washington, DC

WASHINGTON, Nov. 20, 2012 /PRNewswire/ --  Cassidy Turley , a leading commercial real estate services provider in the U.S., announced today that it secured a $27.8 million loan for 1666 K Street, a 12-story, ...

CORPUS SIREO Expects Market Potential of Non-Performing Real Estate Loans to Exceed Three Billion Euros

FRANKFURT, Germany, November 20, 2012 /PRNewswire/ --Commercial real estate loans: A total of 60 billion Euros in debt will reach maturity in 2013/14, an estimated 12 billion Euros thereof in property ...

CBRE Group, Inc. Acquires EA Shaw

CBRE Group, Inc. , a leading global commercial real estate services and investment firm, today announced the acquisition of EA Shaw, an independent commercial and residen

Security Breach Affecting 4 Million Hotel Room Locks: NEW ATTACKS ... - Hospitality Net (press release)

Security Breach Affecting 4 Million Hotel Room Locks: NEW ATTACKS ...Hospitality Net (press release)Chicago -- Aftermath from the recent security breach impacting more than four million electronic door locks installed worldwide continues to wreak havoc on the hotel industry. First disclosed by Forbes.com and presented at the BlackHat security ...

More Miami Commercial Real Estate Options As The Shops At Sunset Place Decide To Add Office Spaces

People who are looking for office-type Miami commercial real estate properties will find that a new option is being made available to people on today's property market as The Shops at Sunset Place is deciding to add office spaces to add a touch of diversity to the range of tenants that they cater to and make sure that business runs smoothly for everyone.

RestorePoint Deploys Data Restoration and Disaster Recovery Services Powered by Asigra for Commercial Real Estate Market

Toronto -- Asigra Inc., aleading Cloud Backup, Recovery and Restore (BURR)software provider since 1986, today announced that RestorePoint is delivering datarestoration and disaster recovery (DR) services ...

Guggenheim Commercial Real Estate Finance, LLC and Pillar Multifamily, LLC Announce Launch of New Affordable Housing ...

NEW YORK, Nov. 19, 2012 /PRNewswire/ -- Guggenheim Commercial Real Estate Finance, LLC ("GCREF"), a Guggenheim Partners company, and Pillar Multifamily, LLC ("Pillar"), an affiliate ...

Avison Young continues aggressive U.S. expansion, opens new office in Irvine, CA

Leading Canadian commercial real estate firm opens its 20th location outside Canada; Alan Pekarcik and Daniel Vittone become PrincipalsTORONTO, Nov. 19, 2012 /PRNewswire/ - Mark E. Rose, Chair and CEO ...

Charleston commercial real estate broker Miles Barkley merges firm with Lee & Associates

A veteran of the local commercial real estate business is merging his boutique firm with a larger brokerage.

Commercial real estate transfers, Nov. 18

DOUGLAS

RLJ Lodging Trust Purchases Embassy Suites Boston/Waltham for $64.5 Million - Hotel News Resource

RLJ Lodging Trust Purchases Embassy Suites Boston/Waltham for $64.5 MillionHotel News ResourceRLJ Lodging Trust (NYSE: RLJ) announced that it acquired the 275-room Embassy Suites Boston/Waltham, through an off-market transaction, for a purchase price of $64.5 million, or approximately $235,000 per key. The purchase price represents a forward ...and more »

Hyatt Regency Birmingham in the UK Sold For USD$43 Million - Hotel News Resource

Hyatt Regency Birmingham in the UK Sold For USD$43 MillionHotel News ResourceHyatt Hotels Corporation (NYSE: H) announced that a Hyatt affiliate has purchased the Hyatt Regency Birmingham hotel in the United Kingdom for approximately USD$43 million. "Birmingham is one of the leading business tourism destinations in the United ...and more »

Ares Commercial Real Estate Corporation Declares Fourth Quarter 2012 Dividend of $0.25 Per Common Share and Reports ...

Ares Commercial Real Estate Corporation announced that its Board of Directors has declared a fourth quarter 2012 dividend of $0.25 per common share, an increase of $0.19 per common share over the third quarter 2012 dividend.

Chesapeake Lodging Acquires 222 Room The Hotel Minneapolis for $46 Million - Hotel News Resource

Chesapeake Lodging Acquires 222 Room The Hotel Minneapolis for $46 MillionHotel News ResourceChesapeake Lodging Trust (NYSE: CHSP) announced that it has acquired the 222-room The Hotel Minneapolis, a Marriott Autograph Collection hotel, located in Minneapolis, Minnesota for a purchase price of $46.0 million, or approximately $207,000 per key ...Hotel Minneapolis sold for $46 millionBizjournals.comall 10 news articles »

Abu Dhabi on track to meet 2012 target of 2.3m hotel guests - WAM - Zawya (registration)

ArabianBusiness.comAbu Dhabi on track to meet 2012 target of 2.3m hotel guests - WAMZawya (registration)DUBAI (Zawya Dow Jones)--Abu Dhabi is on track to meet its target of 2.3 million hotel guests this year, after recording a sharp jump in people staying in the U.A.E. capital's hotels and hotel apartments, the country's official WAM news agency reports ...Abu Dhabi hotels' occupancy dropsEmirates 24/7all 29 news articles »

Red Lion Hotel Denver Southeast in Colorado Sold for $13 Million - Hotel News Resource

Red Lion Hotel Denver Southeast in Colorado Sold for $13 MillionHotel News ResourceRed Lion Hotels Corporation (NYSE: RLH) announced the company has closed on a $13 million sale of the Red Lion Hotel Denver Southeast in Colorado. Pandey Hotel Denver LLC, a wholly owned subsidiary of Pandey Hotel Corporation, the US division of ...and more »

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