Mission Valley hotel sells for $90 million - North County Times

Mission Valley hotel sells for $90 million - North County Times

GlobeSt.comMission Valley hotel sells for $90 millionNorth County TimesAccording to CoStar Group and the county's assessor's office, the 10-floor hotel was built in 1972 and has been sold five times in the last decade, rising from a 1991 price of $11.5 million to most recently $47 million in 2010. Michael G. Medzigian ...Courtyard San Diego Sells for $85MGlobeSt.comall 8 news articles »

Judge voids Anaheim's $158 million tax deal - OCRegister

Judge voids Anaheim's $158 million tax dealOCRegisterANAHEIM – A split vote on a tax subsidy worth up to $158 million to build two luxury hotels near Disneyland has been voided, leaving the future of the development plans in doubt. Orange County Superior Court Judge Steven Perk ruled Monday that the City ...OC Superior Court Judge Voids $158 Million Subsidy for Anaheim GardenWalk ...OC Weekly (blog)all 3 news articles »

Company sends solution to lock flaw after Houston hotel break-ins - Houston Chronicle

Company sends solution to lock flaw after Houston hotel break-insHouston ChronicleFour months ago, a software developer exposed a weakness with some locks made by Onity, a top manufacturer of electronic hotel locks. Since then, hackers have apparently perfected the technique, which allows for easy access to at least 4 million hotel ...and more »

Aurora may spend $2.75 million for site valued at $77,000

AURORA — A Denver businessman could sell his commercial property in its blighted state to Aurora for $2.75 million despite a city appraisal pricing it at $77,000.

CMBS Beating Bank Bonds as Investors Wager on Property Recovery

Securities linked to commercial- property loans are rallying, beating out corporate bonds issued by lenders as investors wager on a real-estate recovery.

Commercial Insurers Continue Raising Rates, Improve Loss Ratios: Towers Watson

Commercial insurance prices in aggregate increased by six percent during the third quarter of 2012, the seventh consecutive quarter that aggregate prices for all commercial lines rose. The latest Commercial Lines Insurance Pricing Survey (CLIPS) conducted by Towers Watson compared … The article Commercial Insurers Continue Raising Rates, Improve Loss Ratios: Towers Watson appeared first on ...

Holbrook selectmen approve cutting property tax rates

Under a tax shift approved by selectmen Dec. 6, residential and commercial property tax rates would both go down.

Commercial property a popular investment alternative for locals

by Cheryl Tay

Commercial Insurance Prices Continue to Rise, Carriers' Loss Ratios Improve

Commercial insurance prices in aggregate increased by 6% during the third quarter of 2012. This marked the seventh consecutive quarter that aggregate prices for all commercial lines rose, according to the new Commercial Lines Insurance Pricing Survey .

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 ...

Las Vegas Real Estate Agent closes sale on Investment Property in 60 days

LAS VEGAS, Dec. 9, 2012 /PRNewswire/ -- Las Vegas real estate agent, Tania Michaels of Focus Commercial Group, has closed a sale on an investment property in Las Vegas.The property was on the market nine ...

'Equal' split set between home

AYER -- Commercial property owners butted heads with homeowners at Tuesday's annual tax classification hearing.

Boscov asks city to take $1 million loan for proposed hotel - Reading Eagle

Boscov asks city to take $1 million loan for proposed hotelReading EagleRetailer Albert R. Boscov, whose nonprofit Our City Reading is trying to get financing for a four-star Doubletree Hotel along Penn Street, asked City Council on Monday to approve a $1 million federal loan as part of the package. "If you can help us ...

Millions of hotel locks are susceptible to break-ins - Pegasus News

Millions of hotel locks are susceptible to break-insPegasus NewsThe company, Onity, has sold their locks to hotels worldwide, which are estimated to be used on 4 million hotel rooms globally. Since the hack was revealed, others have perfected the technique and even created James-Bond like concealable devices to ...

A global approach to commercial property is needed

To say that the UK commercial property market has fluctuated widely over recent years would be something of an understatement.

$31 million hotel to open in Craigieburn - Hume Leader

Hume Leader$31 million hotel to open in CraigieburnHume 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 ...

New jobs come with $60 million casino expansion - The City Wire

New jobs come with $60 million casino expansionThe City WireChoctaw Casino Hotel could be adding close to 350 jobs to its Pocola, Okla., location once phase two of its $60 million expansion is complete. When the planned positions are filled, the gaming and hospitality center will support close to 850 jobs in ...and more »

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.Zero-day hotel keycard hack goes unfixed, now being used by Texas thievesExtremeTechMeet Cody Brocious, The Hacker Who Cracked Four Million Hotel Room Locks ...ForbesLocal hotel thefts may involve security flawHouston ChronicleHuffington Post -Gizmodo -LAPTOP Magazine (blog)all 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 ...