Flake & Kelley Commercial Reports Increased Efficiency and Improved Cash Flow with Yardi CHECKscan

Flake & Kelley Commercial Reports Increased Efficiency and Improved Cash Flow with Yardi CHECKscan

Commercial real estate firm Flake & Kelley Commercial receives tenant payments more quickly and has reduced staff labor involved in processing deposits by 30% since adopting Yardi CHECKscan™, an automated payment collection solution.

Lennon Joins Commercial Real Estate Division At Brookline Bank

Peter Lennon has joined Brookline Bank's commercial real estate banking division as vice president. Lennon has more than 13 years of banking experience, including relationship management for both real estate and C&I clients as well as in financial product development.

Real estate roundup

Recent commercial real estate transactions as reported by area brokerage firms.

Obituary: Regis Doubet Murrin / Commercial real estate lawyer, forward thinker

Real estate lawyer who oversaw the legal processes for developers during Renaissance II, dies at age 82

Ascendix Technologies Partners with Tetra Limited to Offer Commercial Real Estate Software and Support to Hong Kong

Bringing Innovative CRM solutions to the Hong Kong Commercial Real Estate IndustryDallas, Texas (PRWEB) December 17, 2012 Ascendix Technologies has announced the selection of their partner in Hong Kong as Tetra Limited, a Gold Business Intelligence Partner of Microsoft. Ascendix is a leading CRM provider that focuses on the Commercial Real Estate industry. Tetra is a preferred Microsoft partner ...

Hotels fixing flaw that made room locks vulnerable to hackers - USA TODAY

Hotels fixing flaw that made room locks vulnerable to hackersUSA TODAYThe locks on more than 1 million guestroom doors are in various stages of being repaired, following the revelation this summer that they may be vulnerable to hackers. The New York Marriott Marquis, the biggest hotel in Manhattan, for instance, just ...and more »

Ares Commercial Real Estate Corporation Prices $60 Million of Unsecured Convertible Senior Notes

Ares Commercial Real Estate Corporation announced that it has agreed to sell in a private offering $60.0 million aggregate principal amount of its unsecured 7.00% Convertible Senior Notes due 2015.

Commercial real estate notes

Hilliker Corp. represented parties in these transactions:

Ares Commercial Real Estate Corporation Announces Private Offering of Unsecured Convertible Senior Notes

Ares Commercial Real Estate Corporation announced that it plans to make a private offering of $50 million aggregate principal amount of its Convertible Senior Notes due 2015.

$35 million mixed-use, hotel development for downtown Royal Oak moving ... - MLive.com

MLive.com$35 million mixed-use, hotel development for downtown Royal Oak moving ...MLive.comROYAL OAK, MI - Royal Oak's Planning Commission gave "conceptual approval" to a $35 million mixed-use development in a former car dealership in Royal Oak, the Royal Oak Daily Tribune reports. The development would include an eight-floor hotel, ...

City Council OKs convention center hotel deal - Houston Chronicle

KUHF-FMCity Council OKs convention center hotel dealHouston ChronicleHouston First will build a $31 million parking garage, with parking revenues covering its operations and debt service, and will be paid an annual fee for the hotel's use of the garage totaling $62 million over 50 years. That money will be split equally ...Houston Adds New Convention Center HotelKUHF-FMall 3 news articles »

Anaheim Council's $158-Million Hotel Subsidy Overturned - VoiceofOC

Anaheim Council's $158-Million Hotel Subsidy OverturnedVoiceofOCAn Orange County Superior Court judge Monday voided the $158-million room tax subsidy agreement to develop two four-star hotels in Anaheim's resort district, ruling that the City Council's approval of the deal violated California's open meetings law.

Commercial Real Estate Investment Environment Shows Small Signs of Improvement

CHICAGO, Dec. 10, 2012 /PRNewswire/ -- Investment conditions have improved modestly across all property sectors, while property values remain flat and transaction volumes have decreased. These results ...

Moore plans $8 million hotel in hometown - Charleston Post Courier (subscription)

Moore plans $8 million hotel in hometownCharleston Post Courier (subscription)Shortly after donating $1 million to the music program at Claflin University in Orangeburg, South Carolina-born Wall Street financier Darla Moore turned her sights on improving her Pee Dee hometown. Moore and local officials in Lake City last week ...

Commercial Real Estate Company Deploys EfficiencySMART(TM) Insight to Reduce Energy Costs and Expand Sustainability ...

BOSTON -- EnerNOC, Inc. , a leading provider of energy management applications and services, today announced that Glenborough, LLC will deploy EfficiencySMART Insight as its enterprise energy management ...

$31 million hotel to open in Craigieburn - Business - News - Hume Leader - Hume Leader

Hume Leader$31 million hotel to open in Craigieburn - Business - News - Hume LeaderHume LeaderLocated on the corner of Aitken and Grand boulevards, the $31 million entertainment complex will boast a 390-seat restaurant and dining area, sports bar and gaming rooms, function rooms, and a lounge. Designed to be a family-friendly entertainment ...

Simple flaw in hotel door locks leaves MILLIONS of guests vulnerable to ... - Daily Mail

Daily MailSimple flaw in hotel door locks leaves MILLIONS of guests vulnerable to ...Daily MailEarlier this year, it was revealed that more than four million hotel rooms were in jeopardy after a 24-year-old developer for Mozilla demonstrated how easily hotel door locks made by Onity could be disabled using a device he created for less than $50.Security Flaw In Common Keycard Locks Exploited In String Of Hotel Room ...ForbesLocal hotel thefts may involve security flawHouston ChronicleHotel room break-ins linked to key card lock exploitSlashGearExtremeTech -Gizmodo -Newserall 47 news articles »

Jungreis and Cohen of Rosewood close $81 million hotel sale; Jungreis and ... - New York Real Estate Journal Online

New York Real Estate Journal OnlineJungreis and Cohen of Rosewood close $81 million hotel sale; Jungreis and ...New York Real Estate Journal OnlineBrooklyn, NY Rosewood Realty Group (www.rosewoodrealtygroup.com) has closed on the $81 million sale of the landmarked Bossert Hotel, once known as the Waldorf Astoria of Brooklyn at 98 Montague St. in Brooklyn Heights. David Bistricer and Joseph ...

Ramada Ajman completes AED10 million hotel renovation - Al-Bawaba

Ramada Ajman completes AED10 million hotel renovationAl-BawabaRamada Hotel & Suites Ajman, a premier destination for business and leisure travellers, has completed its AED10million hotel makeover and is now ready to offer a more luxurious accommodation to discerning guests. Additional 60 rooms have been ...and more »

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 ...