Property sector set to gain from Asian funds boost-LaSalle

Property sector set to gain from Asian funds boost-LaSalle

* Asian investors to boost exposure to property * Australian commercial real estate yields the most in Asia * Hong Kong & Singapore property sector seen to startrecovery SYDNEY, Dec 6 (Reuters) - Asian ...

Commercial Real Estate in China Industry Research Report – Now Available from IBISWorld

Business expansion has led to the development of Commercial Real Estate industry in China. Over the five years through 2012, revenue for the industry has been growing at an annualized rate of 18.1% to about $169.0 billion, says IBISWorld.San Francisco, CA (PRWEB) December 05, 2012 In recent years, China's economy has been boosted by rapid industrialization and urbanization. Rising incomes have ...

Hotels losing millions in vacant rooms, says "haggling" website - Australian Hospitality Magazine

Hotels losing millions in vacant rooms, says "haggling" websiteAustralian Hospitality MagazineAustralian hotels are missing out on millions of dollars in potential revenue every year because of rooms being left empty with potential losses in Sydney alone of around $250m, according to the operators of a new hotel "haggling" booking website.

Fitch Affirms CFCRE Commercial Mortgage Trust 2011-C2

Fitch Ratings has affirmed 11 classes of Cantor Commercial Real Estate Commercial Mortgage Trust 2011-C2 commercial mortgage pass-through certificates. A detailed list of r

STARWOOD HOTELS & RESORTS WORLDWIDE, INC : Starwood Prices $350 ... - 4-traders

STARWOOD HOTELS & RESORTS WORLDWIDE, INC : Starwood Prices $350 ...4-tradersStarwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT), announced today that it has priced an offering of $350 million aggregate principal amount of 3.125% senior notes due 2023 (the "Notes") through an underwritten public offering. The Notes will ...and more »

@properties Commercial Names Dan Stratis Vice President

Stratis will oversee the growth of @properties' Chicago commercial real estate services(PRWEB) December 05, 2012 @properties Commercial has hired Dan Stratis, a 12-year veteran of Chicago commercial real estate, to head its brokerage business. Company co-founders Thaddeus Wong and Michael Golden made the announcement. Stratis, 37, began his career as an associate with Oak Brook, Ill.-based ...

Coldwell Banker Commercial NRT Hires Industrial & Land Specialist Eric Larsen to Expand Utah County Footprint

The Salt Lake Office of Coldwell Banker Commercial NRT today announced that commercial real estate broker and industrial / land specialist Eric Larsen has joined the firm. As a strategic Utah County partner with Coldwell Banker Commercial's Brandon Fugal, Eric will join the Industrial Division of CBC for Utah County and South Salt Lake County.

CMBS Delinquency Rate Inches Higher After Three Months of Improvement

NEW YORK, Dec. 5, 2012 /PRNewswire/ -- Trepp, LLC, the leading provider of information, analytics and technology to the CMBS, commercial real estate and banking markets, released its November 2012 U.S. ...

Ares Commercial Real Estate Corporation Closes Three New York City Senior Portfolio Loan Commitments

Ares Commercial Real Estate Corporation announced today that it originated three senior portfolio loan commitments totaling $70 million collateralized by multi-family apartment buildings located in Manhattan and Brooklyn.

120-room hotel boost for city - Scotsman

Scotsman120-room hotel boost for cityScotsmanThey said proposals for the £20 million hotel were submitted to city planning leaders last week and claimed they had been backed by the overwhelming majority of local residents. Robert Cook, chief executive of De Vere Village Urban Resorts, said: "We ...and more »

New York Commercial Real Estate Market Buoyed By Foreign Investment

Genesis Capital is highlighting several reports that show a continuing trend for foreign investment in commercial real estate in New York City and other large U.S. metro areas. International investment in real estate has been rising for the past 12 quarters in a row. Due to the economic troubles in Europe and low U.S. Treasury yields, this trend is not expected to reverse anytime soon.San ...

Commercial Real Estate Boosts Canadian Economy

The commercial real estate sector in Canada has performed better than expected, says mortgage expert Marcus Arkan. (PRWeb December 03, 2012) Read the full story at http://www.prweb.com/releases/2012/12/prweb10148574.htm

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 ...

Washington Trust Provides $2.3 Million Commercial Real Estate Financing

Washington Trust, one of the region's top banks, recently provided $2,345,000 commercial real estate financing to Kleban Newington, LLC for the purchase of a 10,478 square foot ret

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 ...

Downtown Petersburg hotel is a possibility, study says - Progress Index

Downtown Petersburg hotel is a possibility, study saysProgress IndexPETERSBURG - A proposed $50 million hotel-conference center in downtown might just be possible, according to a study. But the success of the project in part depends on several other proposed developments in the area not proceeding, a steady stream of ...

$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.Texas man arrested after allegedly exploiting lock flaw to break into hotel roomNew York Daily NewsZero-day hotel keycard hack goes unfixed, now being used by Texas thievesExtremeTechMeet Cody Brocious, The Hacker Who Cracked Four Million Hotel Room Locks ...ForbesHouston Chronicle -Huffington Post -Computerworld (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 ...