Monday, February 4, 2013

KBS Real Estate Investment Trust II Declares 13th Distribution From 2012 ... - Marketwire (press release)

KBS Real Estate Investment Trust II Declares 13th Distribution From 2012 ... - Marketwire (press release)

KBS Real Estate Investment Trust II Declares 13th Distribution From 2012 ... - Marketwire (press release)

Marketwire (press release)KBS Real Estate Investment Trust II Declares 13th Distribution From 2012 ...Marketwire (press release)NEWPORT BEACH, CA--(Marketwire - Feb 4, 2013) - The KBS Real Estate Investment Trust II, Inc. (KBS REIT II) Board of Directors has authorized a special distribution of 5.4 cents1 per share of common stock to stockholders of record as of the close of ...and more »

Redevelopment of the Lévis ferry area

The Government of Canada is committed to creating jobs and stimulating the economy by sustaining thriving communities and building a more prosperous Canada.

Prologis Prices Its Real Estate Investment Trust In Japan - Daily Markets (press release)

Prologis Prices Its Real Estate Investment Trust In JapanDaily Markets (press release)SAN FRANCISCO, Feb. 4, 2013 /PRNewswire/ – Prologis, Inc. (NYSE:PLD), the leading global owner, operator and developer of industrial real estate, today announced the pricing of 182,350 units at a price of 550,000 Japanese yen per unit of Nippon ...and more »

King Island hospital redevelopment opened Save

THE $5 million redevelopment of the King Island Hospital and Health Centre was officially opened yesterday.

$20M O'Donnell Heights redevelopment expected to see new tenants by year end

&via=&related=DolcePixel" A $20 million redevelopment of portions of a dilapidated public housing project in southeast Baltimore is under way, with new tenants expected to begin moving in by the end of the year. &via=&related=DolcePixel"

Step nearer for £6.4m Hitchin Westmill redevelopment

A MULTI-MILLION pound redevelopment earmarked for one of the most deprived areas in North Herts has got the backing of councillors.

Wiseman: Trust, but verify -- lessons from Wallenda - Sarasota Herald-Tribune (blog)

Wiseman: Trust, but verify -- lessons from WallendaSarasota Herald-Tribune (blog)Are there lessons that community association directors can learn from Nik Wallenda's death-defying sky walk last Tuesday in downtown Sarasota? I think so. I learned some. Nik — I don't know him but did have the pleasure to see him perform at Circus ...

Popular Commercial Lending Group Offers Commercial Real Estate Trust Deed ... - PR.com (press release)

Popular Commercial Lending Group Offers Commercial Real Estate Trust Deed ...PR.com (press release)Salt Lake City, UT, February 02, 2013 --(PR.com)-- Popular Commercial Lending Group (PCLG) has released a Commercial Real Estate investment product for 2013 offering yields in the 8-10% range on commercial mortgage notes secured by commercial ...and more »

STARHILL GLOBAL REAL ESTATE INVMT TRUST : Divestment of Roppongi ... - 4-traders

STARHILL GLOBAL REAL ESTATE INVMT TRUST : Divestment of Roppongi ...4-tradersYTL Starhill Global REIT Management Limited as manager of Starhill Global Real Estate Investment Trust ("Starhill Global REIT") (in such capacity, the "Manager") wishes to announce that Starhill Global REIT has divested its entire beneficial interests ...

STARHILL GLOBAL REAL ESTATE INVMT TRUST : Starhill Global REIT's ... - 4-traders

STARHILL GLOBAL REAL ESTATE INVMT TRUST : Starhill Global REIT's ...4-tradersEconomic Calendar · 4-Traders Homepage > Shares > SINGAPORE EXCHANGE > Starhill Global Real Estate Invmt Trust STHL SG1S18926810. Real time Streaming quotes -. STARHILL GLOBAL REAL ESTATE INVMT TRUST. (STHL). No quotes available ...and more »

Groundbreaking For $10 Million Redevelopment at Friendship Village of South Hills

Enhancements at Area Community Reflect Changes Ahead in Senior Living(PRWEB) January 31, 2013 On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8, at 2 p.m., media is invited to the groundbreaking ...

Real estate firm trusts cloud-based NAS in data center, remote offices - TechTarget

Real estate firm trusts cloud-based NAS in data center, remote officesTechTargetThe real estate investment trust company uses EMC Atmos as a private cloud in its Nashville, Tenn., and Denver, Colo., data centers, and Panzura's Global Cloud Storage System cloud-based NAS to enable file sharing for remote users. HR's cloud model ...and more »

Lightstone Value Plus Real Estate Investment Trust, Inc. Approves Net Asset ... - PYMNTS.com

Lightstone Value Plus Real Estate Investment Trust, Inc. Approves Net Asset ...PYMNTS.comLightstone Value Plus Real Estate Investment Trust, Inc. ("LVPR") – a publicly registered non-traded real estate investment trust ("REIT") – recently announced its estimated net asset value ("NAV") per share of $11.80 as of September 30, 2012, an ...and more »

ASCENDAS REAL ESTATE INVESTMENT TRUST : ASCENDAS PRESIDENT ... - 4-traders

ASCENDAS REAL ESTATE INVESTMENT TRUST : ASCENDAS PRESIDENT ...4-tradersSingapore, 31 January 2013 - Leading business space solutions provider Ascendas Pte Ltd ("Ascendas" or the "Group") today announced that Ms Chong Siak Ching is to step down from her executive role as President and CEO. Commencing on 1st April ...

Washington Real Estate Investment Trust's CEO Announces 2013 Strategic ... - Seeking Alpha

Washington Real Estate Investment Trust's CEO Announces 2013 Strategic ...Seeking AlphaWelcome to the Washington Real Estate Investment Trust 2013 Strategy Conference Call. As a reminder, today's call is being recorded. Before turning over the call to the company's President and Chief Executive Officer, Skip McKenzie, Kelly Shiflett ...

Fitch Affirms Hollywood, FL's CRA Bonds at 'A-'; Outlook Stable

Fitch Ratings affirms an 'A-' rating on the following bonds of city of Hollywood, Florida's Community Redevelopment Agency's :

Oshawa Centre to enter into new era of shopping

$230-million investment into an expansion and redevelopment project to start in summer 2013MONTREAL, Jan. 23, 2013 /CNW Telbec/ - Ivanhoé Cambridge announced today a $230-million redevelopment and expansion ...

$15 mn for Bellerive Oval's redevelopment

Melbourne, Jan 23 (IANS) Cricket Australia (CA) and Cricket Tasmania (CT) Wednesday welcomed the Tasmanian government's decision to invest $15 million into the redevelopment of the Bellerive Oval also known as Blundstone Arena.

Redevelopment money and an original developer's descendant bringing change to San Lorenzo

Close to $33 million in county redevelopment projects are moving forward in the heart of San Lorenzo at the same time the David D. Bohannon Organization, which owns 19 acres in the unincorporated community, is making changes to several properties.

Oakland must return redevelopment funds

Oakland must return redevelopment funds State officials have rejected Oakland's plans to spend over $18 million on various redevelopment projects, a decision that will quickly affect city finances. The state Department of Finance says the city cannot use $9.6 million in redevelopment funds to pay for affordable-housing staff, nor can it keep an additional $8.5 million of redevelopment funds in ...

Sunday, February 3, 2013

Exhibition to farewell artist Megan Heitmann's connection with The Parks - The Daily Telegraph

Exhibition to farewell artist Megan Heitmann's connection with The Parks - The Daily Telegraph

Exhibition to farewell artist Megan Heitmann's connection with The Parks - The Daily Telegraph

Exhibition to farewell artist Megan Heitmann's connection with The ParksThe Daily TelegraphThe majority of buildings in the Cowan Ave centre will close by the end of this month, to make way for a $28.7 million redevelopment. The new centre is expected to reopen in stages from December. As previously reported, 33 community groups have been ...and more »

Run-down Melba College must be rebuilt, principal says - Herald Sun

Run-down Melba College must be rebuilt, principal saysHerald SunThe college is among the Maroondah Education Coalition group of schools promised a $100 million redevelopment by the former Labor government, if it had been returned to office at the 2010 state election. The MEC includes Norwood, Ringwood and ...and more »

Landmark service station sale and commercial property sale

A high profile service station and car yard property with more than half a century of association with the local community has been placed on the market for sale. The property in Pukekohe just south of Auckland is owned by the Howe and Weston families, ...

King Island hospital redevelopment opened - The Advocate

King Island hospital redevelopment openedThe AdvocateBy DAMITA LAMONT. Feb. 4, 2013, 1 a.m.. THE $5 million redevelopment of the King Island Hospital and Health Centre was officially opened yesterday. Upgrades were made to the emergency area and entrance. "Renovations to the emergency service room ...

San Leandro Sues State Over Redevelopment Funds - Patch.com

San Leandro Sues State Over Redevelopment FundsPatch.com29 over a disputed $54 million in redevelopment funds to demand that the city be allowed to use funds for social service programs and development projects that were initiated and helmed by the former redevelopment agency. Read the full BANG report here.

City of Longmont sets timeline with players in Twin Peaks Mall redevelopment - Daily Camera

City of Longmont sets timeline with players in Twin Peaks Mall redevelopmentDaily CameraGinsborg asked the council -- acting as the Longmont Urban Renewal Authority -- to consider implementing eminent domain as a "last resort" tool to prevent the planned $80 million redevelopment from collapsing. After a lengthy discussion the majority of ...and more »

Pigeon Forge businesses urged to add owners to add votes

PIGEON FORGE — A letter from the group that wants this city to have liquor by the drink urges the city's commercial property owners to take advantage of a state law that lets them register themselves and an associate to vote, so they can cast a ballot in favor of the measure in a March 14 referendum.

PTSB outsources its €2bn commercial loan book

STATE-owned Permanent TSB (PTSB) has signed a contract to "outsource" management of its €2bn commercial loan book to Certus.

Commercial property owners benefit in 2014 Scott County budget

Despite Scott County's proposed budget rising less than $1 million and lower property tax levy rates, most taxpayers will see slightly higher taxes for fiscal year 2014.

No headline - pigeon

PIGEON FORGE — A letter from the group that wants this city to have liquor by the drink urges the city's commercial property owners to take advantage of a state law that lets them register themselves and an associate to vote, so they can cast a ballot in favor of the measure in a March 14 referendum.

Investors buying up Bradenton commercial property

The old Miller Furniture store and former health club on Manatee Avenue have been sold and are being renovated for lease.

Man pleads guilty to commercial corruption charges

A former commercial property manager has pleaded guilty to commercial corruption charges.

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ... - PR Web (press release)

Groundbreaking For $10 Million Redevelopment at Friendship Village of South ...PR Web (press release)On the heels of winning high honors for 'best places to work' in the Pittsburgh area, Friendship Village of South Hills will begin a redevelopment project to help ensure it remains one of the best places to live for area seniors. On Friday, February 8 ...

Oshawa Centre redevelopment and expansion work worth $230 million - Daily Commercial News

Daily Commercial NewsOshawa Centre redevelopment and expansion work worth $230 millionDaily Commercial NewsIvanhoé Cambridge has announced a $230-million redevelopment and expansion project at Oshawa Centre that will make the shopping centre over 116,000 square metres once complete. "Ivanhoé Cambridge's substantial investment in Oshawa Centre will ...

Europe Commercial Real Estate Rebounds

David Hutchings, head of European research at Cushman and Wakefield, tells CNBC that the commercial property market in Europe rebounded in Q4 driven primarily by foreign investors.

Should investors reconsider commercial property?

Commercial property funds have lost an eighth of their value over the past five years.

Planning Minister Approves $800 Million-Plus Redevelopment of Ex-Age Site ... - Real Estate Source

NEWS.com.auPlanning Minister Approves $800 Million-Plus Redevelopment of Ex-Age Site ...Real Estate SourceYesterday Victorian planning minister Matthew Guy approved an $800 million redevelopment of the former Age newspaper site at 250 Spencer Street. The proposal – seen in ISPT's 2012 annual report – seeks to add six skyscrapers and 2994 flats to the block ...The former Age building viewed from Lonsdale Street. Source: Herald SunHerald SunSix high rise towers to replace former Age site on Spencer StreetProperty Observerall 5 news articles »

Nahai Insurance Services Offers Commercial Property Owners Cost-Saving Real Estate Insurance Tips & Education

Commercial property owners looking to save on real estate insurance can turn to the brokers at Nahai Insurance Services.Beverly Hills, California (PRWEB) January 28, 2013 Nahai Insurance Services, a full-service relationship-focused independent insurance brokerage and business consultancy, recognizes commercial property owners' need to find the most affordable, yet reliable real estate insurance ...

Aussie sailing get boost with $1.3 million redevelopment plan at MHYC - Sail World

Sail WorldAussie sailing get boost with $1.3 million redevelopment plan at MHYCSail WorldKate Lundy, the Minister for Sport, announced on Sunday the $1.3 million redevelopment plan in the National Training Centre at the Middle Harbour Yacht Club with the goal to produce more Olympic and World champions in future competitions. Australia‚Äôs ...and more »

Cerritos returns $10.1 million of redevelopment money to state - Long Beach Press-Telegram

Cerritos returns $10.1 million of redevelopment money to stateLong Beach Press-TelegramThe successor agency to the Cerritos Redevelopment Agency issued a check to the Los Angeles County Auditor-Controller on Dec. 20, Mayor Jim Edwards said Tuesday. The amount was $7 million less than what the state had originally demanded.and more »

Galesville property owner puts up cash to attract buyers - CapitalGazette.com

Galesville property owner puts up cash to attract buyers - CapitalGazette.com

Galesville property owner puts up cash to attract buyers - CapitalGazette.com

Galesville property owner puts up cash to attract buyersCapitalGazette.comThrough West River Properties, Hewison put it on the market so he could focus on his core business, INO.com, an Annapolis firm that provides stock market information to traders. He expects the site, which also includes an adjoining 144-seat restaurant ...

Commercial Property Transfers - The Courier-Journal

Commercial Property TransfersThe Courier-JournalWilliam J. Long IV, et al, to Central Bank of Jefferson County Inc., 9300 Shelbyville Road No. 100, 40222, $60,001. Rebecca A. and James Klemens to Stoneview LLC, 4104 Stoneview Drive No. 1, 40207, $60,000. Fox Run Partners LLC to Meridan ...

Property Transfers: Feb. 3, 2013 - Memphis Commercial Appeal

Property Transfers: Feb. 3, 2013Memphis Commercial Appeal1285 Frayser, 1378 Paullus, 2158 Pueblo, 3272 Egypt Central, 3402 Spinners Cove, 3587 Bayliss, 4035 St. Elmo, 4689 Raleigh-Lagrange, 5128 Blacksmith, 5329 Plover, 612 Leavert, 854 Brandywine, 858 Brandywine, 3367 Redcliff: Bltrejv3 Memphis LLC ...

Wingate by Wyndham Tulsa hotel is open

The new Wingate by Wyndham Tulsa isn't just the first Wingate-branded hotel in Tulsa.

Million-dollar home sales soared in 2012

Million-dollar home sales soared in 2012 San Francisco Chronicle Copyright 2013 San Francisco Chronicle. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 4:24 pm, Friday, February 1, 2013 Led by an eye-popping $117.5 million paid for a Woodside mansion - the most expensive U.S. home ever - luxury properties in the Bay Area and California ...

Commercial property owners benefit in 2014 Scott County budget - Quad City Times

Commercial property owners benefit in 2014 Scott County budgetQuad City TimesFor instance, the county estimates the owner of a $100,000 home in an urban areas will see a $9.51 increase in property taxes. In the rural areas, the owner of a similarly valued house will see an $11.09 increase. The rollback will help commercial ...and more »

Baidu-Owned Qunar Revamps Luxury Hotel Search

Qunar seeks to profit from China's luxury hotels and travelers.

The Atherton Hotel at Oklahoma State University Now Managed by OSU Alumni

Oklahoma State University's historic campus hotel and Ranchers Club restaurant are under new management. The university and its School of Hotel and Restaurant Administration entered into a partnership agreement in June 2012 with Persimmon Ridge Properties, which is owned by distinguished OSU alumni and supporters Gentner Drummond and Tom Atherton.

Finding a Floor in Commercial Real Estate - US Banker

Finding a Floor in Commercial Real EstateUS BankerMeanwhile, loans backed by commercial properties, including multifamily residential buildings, ticked up in the second and third quarters after having generally stagnated since the official end of the recession. The table that can be accessed by ...

Investors buying up Bradenton commercial property - Bradenton Herald

Bradenton HeraldInvestors buying up Bradenton commercial propertyBradenton HeraldMANATEE -- Property Holdings Inc. is buying up vacant commercial property in Bradenton and rehabilitating the structures, hoping to lease them. The former Miller Furniture building, 604 Manatee Ave. W., and the former Bradenton Health & Racquet Club, ...and more »

Utah commercial real estate recovering after downturn - Deseret News

Deseret NewsUtah commercial real estate recovering after downturnDeseret NewsSALT LAKE CITY — After a few years of struggling, the local commercial real estate market may be moving toward a comeback. Where the market has stabilized throughout 2011 and last year, 2013 is expected to start an upward climb as lease rates begin to ...and more »

Trump Panama Hotel Bondholders May Back $220 Million Swap

Creditors of the Trump Ocean Club in Panama are probably going to accept a restructuring deal for $220 million of bonds, said Ajata Mediratta, a partner at Greylock Capital Management.

Bronx Commercial Real Estate Sales Boomed in 2012, a New Report Shows - DNAinfo

Bronx Commercial Real Estate Sales Boomed in 2012, a New Report ShowsDNAinfoTHE BRONX — Bronx commercial real estate sales spiked last year to their highest levels since the financial crisis, a new report found. Investors poured $1.28 billion into the borough's real estate market in 2012 — a 63 percent surge over the $613 ...

Editorial: Commercial property owners should think hard before appealing - Concord Monitor

Editorial: Commercial property owners should think hard before appealingConcord MonitorIt's easy to sympathize with the commercial property owners in Concord who are upset by the average 13.77 increase in the assessed value of their real estate. Similar shocks have been felt over the years by the owners of waterfront property or, when ...

Fate of hotel at Turtle Bay in limbo

The fate of the $20 million-plus Sheraton hotel at Turtle Bay Exploration Park is in Limbo.

Europe Commercial Real Estate Rebounds - CNBC.com

Europe Commercial Real Estate ReboundsCNBC.comInvestment volumes in European commercial real estate hit nearly 44 billion euros ($ 59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, according to data from property consultants, Cushman and Wakefield. Cross-border ...and more »

Abu Dhabi shows rise in hotel guests

Abu Dhabi, Jan 29 (IANS/WAM) Abu Dhabi last year received over two million hotel guests, an increase of 13 percent over its 2011 performance.

Las Vegas UFO Aficionado Bets $500 Million on Space Hotel

Robert Bigelow got rich off budget hotel suites that start at $189 a week. Now they are funding his dream of building inflatable space habitats with rates topping $400,000 a day.

AEG Selling Land Near London's O2 for $450 Million Hotel Project

Anschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project.

Blackstone Said to Seek $450 Million for Hotel Financing

Blackstone Group LP (BX) , the largest U.S. hotel owner, is in talks to borrow about $450 million to refinance debt on San Diego 's historic Hotel del Coronado to take advantage of lower interest rates , a person with knowledge of the plans said.

Saturday, February 2, 2013

Real estate transfers

Real estate transfers

Real estate transfers

The following real estate transactions have been filed in the County Clerk's office. The purchase price is as listed on the cover sheet of the deed. Most Rome deeds also include in parentheses the assessed market value as listed in the city's assessment roll.

Popular Commercial Lending Group Offers Commercial Real Estate Trust Deed Investments with 10% Yield

Popular Commercial Lending Group has released a new commercial real estate investment program for 2013 offering commercial real estate secured investments in mortgage notes with yields in the 8-10% range. [PR.com]

Ares Commercial Real Estate Corporation Announces Tax Reporting Information for Calendar Year 2012

Ares Commercial Real Estate Corporation today announced the tax treatment for the Company's distributions on its common stock wit

Arbor Realty Trust Schedules Fourth Quarter 2012 Earnings Date

UNIONDALE, N.Y. -- Arbor Realty Trust, Inc. , a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, ...

Daniel R. Gilbert Named Chief Executive Officer

NEW YORK, Feb. 1, 2013 /PRNewswire/ -- NorthStar Real Estate Income Trust, Inc. ("NorthStar Income") announced today that Daniel R. Gilbert, the company's president and chief investment officer, ...

Stalled hotel development costing MVR 24 million annually: MTDC - Minivan News

Minivan NewsStalled hotel development costing MVR 24 million annually: MTDCMinivan NewsOver MVR 24 million (US$1.5 million) is being lost annually by the Maldives Tourism Development Corporation (MTDC) on a stagnant hotel development in Uligamu in Haa Alif Atoll, it has been revealed. MTDC Managing Director Mohamed Matheen told ...

Victoria firm buys Parkside hotel for $23 million from troubled Aviawest - Victoria Times Colonist

Victoria Times ColonistVictoria firm buys Parkside hotel for $23 million from troubled AviawestVictoria Times ColonistA new Victoria ownership group paying $23 million for the Parkside Resort and Spa — formerly held by the financially troubled Aviawest Resorts — is mapping out a makeover and higher profile image for the hotel. "It's got so much potential that is ...and more »

Chesapeake Lodging Trust Reports Preliminary Fourth Quarter Results

Chesapeake Lodging Trust , a lodging real estate investment trust , reported today its preliminary financial results for the quarter and year ended December 31, 2012.

Trump Panama Hotel Bondholders May Back $220 Million Swap - Bloomberg

BloombergTrump Panama Hotel Bondholders May Back $220 Million SwapBloombergCreditors of the Trump Ocean Club in Panama are probably going to accept a restructuring deal for $220 million of bonds, said Ajata Mediratta, a partner at Greylock Capital Management. Newland International Properties Corp, the Ocean Club developer, ...and more »

Arbor Realty Trust Announces Tax Treatment of 2012 Dividend Distributions

UNIONDALE, N.Y. -- Arbor Realty Trust, Inc. , a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, ...

Why Would A Prison Corporation Restructure As A Real Estate Company?

Yesterday, I briefly noted that shares of GEO Group stock were on the rise after the Internal Revenue Service approved its request to restructure as a Real Estate Investment Trust (REIT). Why would a corporation designed to house prisoners want to restructure as a real estate company? As it turns out, this month's edition of Prison Legal News -- arguably the most comprehensive publication ...

Lightstone Value Plus Real Estate Investment Trust, Inc. Approves Net Asset Value of $11.80 Per Share

Lightstone Value Plus Real Estate Investment Trust, Inc. – a publicly registered non-traded real estate investment trust – recently announced its estimated net as

Washington Real Estate Investment Trust Announces 2013 Strategic Initiatives, Expected CEO Retirement at End of 2013 ...

Washington Real Estate Investment Trust announced several major developments, as follows.

Long awaited £285 million O2 Hotel development to break ground in weeks - UK Business Property

Long awaited £285 million O2 Hotel development to break ground in weeksUK Business PropertyA new 452 bedroom luxury riverside Hotel at the O2, which was part of the original masterplan for the North Greenwich Peninsula, has taken a step closer to construction, with the exchange of contracts for sale of the site by O2 owners AEG, to the JV ...and more »

AEG Selling Land Near London's O2 for $450 Million Hotel Project - Bloomberg

AEG Selling Land Near London's O2 for $450 Million Hotel ProjectBloombergAnschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project. A joint venture between Queensgate Investments Fund ...and more »

Atlanta Marriott Marquis Sold for $293 Million - Hotel News Resource

Atlanta Marriott Marquis Sold for $293 MillionHotel News ResourceHost Hotels & Resorts, Inc. (NYSE: HST) announced that on January 11 Host Hotels & Resorts, L.P. sold the 1,663-room Atlanta Marriott Marquis in Atlanta, GA for $293 million. The hotel is subject to a long-term management agreement with Marriott ...and more »

Louisville hotel industry generated nearly $355 million from tourists in 2011 - Business First of Louisville

Louisville hotel industry generated nearly $355 million from tourists in 2011Business First of LouisvilleIt's a no-brainer that tourism is important to the local hotel industry. But just how important is it? According to a recent study released by the Louisville Convention and Visitors Bureau, tourists spent nearly $355 million on lodging in 2011. Only ...and more »

Plans for $8.8-million Hotel Found Complete - Fenceviewer

Plans for $8.8-million Hotel Found CompleteFenceviewerPlans for $8.8-million Hotel Found Complete. Written by Robert Levin Thursday, January 10, 2013 at 8:59 am. font size decrease font size decrease font size increase font size increase font size; Print · E-mail. BAR HARBOR — Plans for construction of a ...

Plans altered for $22 million hotel at former auto site in Bloomfield - Tribune-Review

Plans altered for $22 million hotel at former auto site in BloomfieldTribune-ReviewChanges in the original plans for a new hotel at the former Don Allen AutoCity site in Bloomfield were outlined Tuesday at the City Planning Commission. The hotel project, estimated to cost $22 million, has been changed from the original plan described ...

Stone Brewing Co. Plans to Open $24 Million Hotel - Haute Living

Haute LivingStone Brewing Co. Plans to Open $24 Million HotelHaute LivingWith around 50 rooms, the $24 million hotel could have a bar where people check in and a tap in every room, and there will be two acres of outdoor space, perfect for wedding celebrations, according to Stone spokesperson Sabrina LoPiccolo, who spoke to ...

Wingate by Wyndham Tulsa hotel is open

Wingate by Wyndham Tulsa hotel is open

Wingate by Wyndham Tulsa hotel is open

The new Wingate by Wyndham Tulsa isn't just the first Wingate-branded hotel in Tulsa.

Commercial property owners benefit in 2014 Scott County budget - Quad City Times

Commercial property owners benefit in 2014 Scott County budgetQuad City TimesFor instance, the county estimates the owner of a $100,000 home in an urban areas will see a $9.51 increase in property taxes. In the rural areas, the owner of a similarly valued house will see an $11.09 increase. The rollback will help commercial ...and more »

Commercial transactions - Dallas Morning News

Commercial transactionsDallas Morning NewsSolis Avenue purchased a 10,315-square-foot commercial property at 1821 Wall Street in Garland. Matt Spellman at Mercer Co. brokered the sale with Mike McCartan at Mark V Commercial. Leases. Amplifi Commerce LLC, an e-commerce marketing ...

Baidu-Owned Qunar Revamps Luxury Hotel Search

Qunar seeks to profit from China's luxury hotels and travelers.

The Atherton Hotel at Oklahoma State University Now Managed by OSU Alumni

Oklahoma State University's historic campus hotel and Ranchers Club restaurant are under new management. The university and its School of Hotel and Restaurant Administration entered into a partnership agreement in June 2012 with Persimmon Ridge Properties, which is owned by distinguished OSU alumni and supporters Gentner Drummond and Tom Atherton.

Lynd Residential Acquires 438-Unit MF in Houston - Commercial Property Executive

Commercial Property ExecutiveLynd Residential Acquires 438-Unit MF in HoustonCommercial Property Executive"We look for markets with long-term fundamentals, and if you break it down, Texas did extremely well during the downturn and has great prospects going forward," Victor Mendiola, Lynd's president of acquisitions, told Commercial Property Executive.

MEPT Obtains $105M Mortgage for Chicago's 200 W. Madison - Commercial Property Executive (blog)

Commercial Property Executive (blog)MEPT Obtains $105M Mortgage for Chicago's 200 W. MadisonCommercial Property Executive (blog)The fund is also seeking to invest in grocery-anchored retail centers and multi-family properties. Prudential Mortgage Capital is a national, full-service commercial and multi-family mortgage finance business with more than $72.7 billion in assets ...and more »

UK Commercial Property NAV/Shr 69.6p As At Dec. 31; Appoints New Director - RTT News

UK Commercial Property NAV/Shr 69.6p As At Dec. 31; Appoints New DirectorRTT NewsUK Commercial Property Trust Limited (UKCM.L) Friday said its unaudited NAV per share as at 31 December 2012 was 69.6 pence, down 1.8 pence from the unaudited NAV per share as at 30 September 2012 of 70.9 pence. The company attributed the ...

Finding a Floor in Commercial Real Estate - US Banker

Finding a Floor in Commercial Real EstateUS BankerMeanwhile, loans backed by commercial properties, including multifamily residential buildings, ticked up in the second and third quarters after having generally stagnated since the official end of the recession. The table that can be accessed by ...

Investors buying up Bradenton commercial property - Bradenton Herald

Bradenton HeraldInvestors buying up Bradenton commercial propertyBradenton HeraldMANATEE -- Property Holdings Inc. is buying up vacant commercial property in Bradenton and rehabilitating the structures, hoping to lease them. The former Miller Furniture building, 604 Manatee Ave. W., and the former Bradenton Health & Racquet Club, ...and more »

Utah commercial real estate recovering after downturn - Deseret News

Deseret NewsUtah commercial real estate recovering after downturnDeseret NewsSALT LAKE CITY — After a few years of struggling, the local commercial real estate market may be moving toward a comeback. Where the market has stabilized throughout 2011 and last year, 2013 is expected to start an upward climb as lease rates begin to ...and more »

Trump Panama Hotel Bondholders May Back $220 Million Swap

Creditors of the Trump Ocean Club in Panama are probably going to accept a restructuring deal for $220 million of bonds, said Ajata Mediratta, a partner at Greylock Capital Management.

Hotel in Indianapolis, Indiana Provides Valentine's Day Retreat With Romance Package

Flowers and chocolates are nice, but a romantic getaway for two is even better. This Valentine's Day, guests at the Indianapolis Marriott East can pamper their sweetheart with a special Romance Package....

Fate of hotel at Turtle Bay in limbo

The fate of the $20 million-plus Sheraton hotel at Turtle Bay Exploration Park is in Limbo.

Residential real estate outpaces commercial in Greenwich - Greenwich Time

Residential real estate outpaces commercial in GreenwichGreenwich TimeGreenwich's residential real estate sector grew by 0.75 percent during 2012, while the commercial sector remained stagnant in the state's most property-rich town, where the Grand List is now $30.9 billion. First-year Assessor Lauren Elliott on ...and more »

Europe Commercial Real Estate Rebounds - CNBC.com

Europe Commercial Real Estate ReboundsCNBC.comInvestment volumes in European commercial real estate hit nearly 44 billion euros ($ 59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, according to data from property consultants, Cushman and Wakefield. Cross-border ...and more »

Abu Dhabi shows rise in hotel guests

Abu Dhabi, Jan 29 (IANS/WAM) Abu Dhabi last year received over two million hotel guests, an increase of 13 percent over its 2011 performance.

Las Vegas UFO Aficionado Bets $500 Million on Space Hotel

Robert Bigelow got rich off budget hotel suites that start at $189 a week. Now they are funding his dream of building inflatable space habitats with rates topping $400,000 a day.

AEG Selling Land Near London's O2 for $450 Million Hotel Project

Anschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project.

Blackstone Said to Seek $450 Million for Hotel Financing

Blackstone Group LP (BX) , the largest U.S. hotel owner, is in talks to borrow about $450 million to refinance debt on San Diego 's historic Hotel del Coronado to take advantage of lower interest rates , a person with knowledge of the plans said.

Friday, February 1, 2013

Commercial real estate activity returning to normal - Salt Lake Tribune

Commercial real estate activity returning to normal - Salt Lake Tribune

Commercial real estate activity returning to normal - Salt Lake Tribune

Commercial real estate activity returning to normalSalt Lake TribuneSalt Lake County's mutifaceted commercial real estate industry — made up of retail, industrial, office and apartment markets that don't always move in tandem — is entering the new year in better shape than in a long time. It's not back to 2007, when ...Commercial real estate rebounding in county, experts sayVentura County Starall 2 news articles »

Commercial transactions - Dallas Morning News

Commercial transactionsDallas Morning NewsLiberty Federal Savings sold a 16,500-square-foot retail center at the southeast corner of Custer Road and Stonebridge Drive in McKinney. Doug Wilder of Global Realty brokered the sale with Pat Patman of Patman Realty Co. BEK Medical purchased an ...

Top of the List: engineering and commercial real estate firms - Albuquerque Business First (blog)

Top of the List: engineering and commercial real estate firmsAlbuquerque Business First (blog)Commercial real estate square footage has increased in Albuquerque over the past five years, but so has the amount of commercial space that sits vacant. Vacancies or not, commercial real estate firms on the list still reported more than $700 million in ...and more »

The Atherton Hotel at Oklahoma State University Now Managed by OSU Alumni

Oklahoma State University's historic campus hotel and Ranchers Club restaurant are under new management. The university and its School of Hotel and Restaurant Administration entered into a partnership agreement in June 2012 with Persimmon Ridge Properties, which is owned by distinguished OSU alumni and supporters Gentner Drummond and Tom Atherton.

The Top 5 commercial real estate appraisers in Phoenix - Phoenix Business Journal

The Top 5 commercial real estate appraisers in PhoenixPhoenix Business JournalCBRE's Phoenix Valuation & Advisory Services division was pretty busy in 2012, and as a result CBRE was ranked No. 1 in the list of Commercial Real Estate Appraisers, published today by the Phoenix Business Journal. CBRE completed 1,193 appraisals ...

Commercial Real Estate Hub - Puget Sound Business Journal (Seattle)

Commercial Real Estate HubPuget Sound Business Journal (Seattle)The move will allow apparel manufacturing operations to expand at the Fourth Avenue location, a company official said. The changes ... Marc Stiles covers commercial real estate and government for the Puget Sound Business Journal. To continue reading ...and more »

Triangle real estate markets gain ground in 2012 - Triangle Business Journal

Triangle real estate markets gain ground in 2012Triangle Business JournalFor the first time in four years, all four sectors of the commercial real estate market – office, flex, warehouse and retail – and nearly every submarket in the region posted positive gains in lease activity, setting the stage for a precipitous drop in ...and more »

Commercial Real Estate App to Promote Efficiency - San Francisco Chronicle

San Francisco ChronicleCommercial Real Estate App to Promote EfficiencySan Francisco ChronicleAscendix Technologies, leading CRM provider to the Commercial Real Estate industry, is announcing the release of the AscendixRE Mobile App. This user friendly application is tailored to the brokers, research department and other employees that need to ...and more »

Commercial real estate, jobs, emotion: how they relate - The Tennessean

Commercial real estate, jobs, emotion: how they relateThe TennesseanOffices exist to do one thing: provide a place for people to work. So, if you want to know how the commercial office real estate market is doing, check out the latest jobs numbers. Low unemployment and low vacancies go together, as do high unemployment ...and more »

Twin Cities commercial real estate picks up in 2012 - Pioneer Press

Twin Cities commercial real estate picks up in 2012Pioneer PressThose findings -- detailed in a semi-annual report from real estate firm Cushman & Wakefield/NorthMarq -- show the local commercial real estate market picked up in the second half of 2012. "After a slow first half, development and redevelopment ...

Trump Panama Hotel Bondholders May Back $220 Million Swap

Creditors of the Trump Ocean Club in Panama are probably going to accept a restructuring deal for $220 million of bonds, said Ajata Mediratta, a partner at Greylock Capital Management.

Hotel in Indianapolis, Indiana Provides Valentine's Day Retreat With Romance Package

Flowers and chocolates are nice, but a romantic getaway for two is even better. This Valentine's Day, guests at the Indianapolis Marriott East can pamper their sweetheart with a special Romance Package....

Fate of hotel at Turtle Bay in limbo

The fate of the $20 million-plus Sheraton hotel at Turtle Bay Exploration Park is in Limbo.

Commercial real estate developers remain optimistic through uncertain times - UC Los Angeles

Commercial real estate developers remain optimistic through uncertain timesUC Los AngelesDevelopers in California remain upbeat about the future of the multi-family and industrial real estate sectors — and cautiously optimistic about commercial office markets — according to the latest Allen Matkins/UCLA Anderson Forecast California ...CRE optimism weakens in Allen Matkins/UCLA Anderson forecastSilicon Valley Business Journalall 3 news articles »

Summit Hotel Expands in Louisiana

Summit Hotel penned a deal with Marriott to acquire a portfolio of five La.-based hotels.

Abu Dhabi shows rise in hotel guests

Abu Dhabi, Jan 29 (IANS/WAM) Abu Dhabi last year received over two million hotel guests, an increase of 13 percent over its 2011 performance.

Las Vegas UFO Aficionado Bets $500 Million on Space Hotel

Robert Bigelow got rich off budget hotel suites that start at $189 a week. Now they are funding his dream of building inflatable space habitats with rates topping $400,000 a day.

Sunstone Hotel Investors to Sell Four Rochester Hotels and a Laundry Facility for $230 Million, Retires Remaining $58 ...

ALISO VIEJO, Calif., Jan. 25, 2013 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company") (NYSE: SHO) announced today that it has entered into agreements to sell a four-hotel, 1,222-room ...

AEG Selling Land Near London's O2 for $450 Million Hotel Project

Anschutz Entertainment Group Inc., the world's largest owner of sports teams, agreed to sell land near London's O2 Arena to a group of investors that plan a $450 million hotel and residential project.

Blackstone Said to Seek $450 Million for Hotel Financing

Blackstone Group LP (BX) , the largest U.S. hotel owner, is in talks to borrow about $450 million to refinance debt on San Diego 's historic Hotel del Coronado to take advantage of lower interest rates , a person with knowledge of the plans said.

InsideValuation® Expands Residential and Commercial Valuation Solutions

InsideValuation® Expands Residential and Commercial Valuation Solutions

InsideValuation® Expands Residential and Commercial Valuation Solutions

RENO, Nev., Feb. 1, 2013 /PRNewswire/ -- InsideValuation®, a nationwide provider of residential and commercial real estate valuation services, has added Replacement Cost Value reports and Automated Valuation ...

The Top 5 commercial real estate appraisers in Phoenix - Phoenix Business Journal

The Top 5 commercial real estate appraisers in PhoenixPhoenix Business JournalCBRE's Phoenix Valuation & Advisory Services division was pretty busy in 2012, and as a result CBRE was ranked No. 1 in the list of Commercial Real Estate Appraisers, published today by the Phoenix Business Journal. CBRE completed 1,193 appraisals ...

Commercial Real Estate Hub - Puget Sound Business Journal (Seattle)

Commercial Real Estate HubPuget Sound Business Journal (Seattle)The move will allow apparel manufacturing operations to expand at the Fourth Avenue location, a company official said. The changes ... Marc Stiles covers commercial real estate and government for the Puget Sound Business Journal. To continue reading ...

Triangle real estate markets gain ground in 2012 - Triangle Business Journal

Triangle real estate markets gain ground in 2012Triangle Business JournalFor the first time in four years, all four sectors of the commercial real estate market – office, flex, warehouse and retail – and nearly every submarket in the region posted positive gains in lease activity, setting the stage for a precipitous drop in ...and more »

Commercial Real Estate App to Promote Efficiency - San Francisco Chronicle

San Francisco ChronicleCommercial Real Estate App to Promote EfficiencySan Francisco ChronicleAscendix Technologies, leading CRM provider to the Commercial Real Estate industry, is announcing the release of the AscendixRE Mobile App. This user friendly application is tailored to the brokers, research department and other employees that need to ...and more »

Commercial real estate, jobs, emotion: how they relate - The Tennessean

Commercial real estate, jobs, emotion: how they relateThe TennesseanOffices exist to do one thing: provide a place for people to work. So, if you want to know how the commercial office real estate market is doing, check out the latest jobs numbers. Low unemployment and low vacancies go together, as do high unemployment ...

Commercial real estate notes

Pace Properties represented parties in these transactions:

Utah commercial real estate recovering after downturn

After a few years of struggling, the local commercial real estate market may be moving toward a comeback.

Utah commercial real estate recovering after downturn - Deseret News

Deseret NewsUtah commercial real estate recovering after downturnDeseret NewsSALT LAKE CITY — After a few years of struggling, the local commercial real estate market may be moving toward a comeback. Where the market has stabilized throughout 2011 and last year, 2013 is expected to start an upward climb as lease rates begin to ...Cushman & Wakefield | Commerce Reports Utah Commercial Real Estate ...Melodika.net (press release)all 2 news articles »

Commercial Real Estate App to Promote Efficiency

Ascendix Technologies announces the release of a mobile application to increase user accessibility and business intelligence. (PRWeb January 31, 2013) Read the full story at http://www.prweb.com/releases/2013/1/prweb10385645.htm

Twin Cities commercial real estate picks up in 2012 - Pioneer Press

Twin Cities commercial real estate picks up in 2012Pioneer PressThose findings -- detailed in a semi-annual report from real estate firm Cushman & Wakefield/NorthMarq -- show the local commercial real estate market picked up in the second half of 2012. "After a slow first half, development and redevelopment ...

Twin Cities commercial real estate picks up in 2012

The Twin Cities' office market is in its best shape since 2007, as it absorbed nearly 1 million square feet of available space in 2012, and the area's industrial buildings recorded their lowest vacancy rates since 2008.

42floors takes $12.3M to hack commercial real estate at home, abroad - VentureBeat

VentureBeat42floors takes $12.3M to hack commercial real estate at home, abroadVentureBeatAs someone once worked in an elevator alcove, I appreciate the effect good office space has on productivity and mental well-being. So does the team at 42floors and their investors, who have put $12.3 million into this search engine for office rentals ...and more »

Top 10 Commercial Real Estate Sales of 2012 - Memphis Business Journal

ValueWalkTop 10 Commercial Real Estate Sales of 2012Memphis Business JournalView photo gallery (11 photos). Use this photo gallery to see the 10 largest commercial real estate transactions closed in the Memphis market in 2012. Jane Donahoe: Web and sections editor- Memphis Business Journal: Email | Twitter. What were the ...U.S. Commercial Real Estate Markets Post Slow, Steady Growth in Q4World Property ChannelPrivate Real Estate Up 11% in 2012ValueWalkall 3 news articles »

Jones Lang LaSalle and Roger Staubach Predicting Ravens as XLVII Champs

CHICAGO, Jan. 31, 2013 /PRNewswire/ -- For the third straight year, the commercial real estate firm Jones Lang LaSalle and its Executive Chairman of the Americas Roger Staubach are making a bold prognostication ...

Apollo Commercial Real Estate Finance, Inc. Announces 2012 Dividend Income Tax Treatment

Apollo Commercial Real Estate Finance, Inc. today announced the estimated Federal income tax treatment of the Company's 2012 distributions on its common stock and on its 8.625% Series A Cumulative Redeemable ...

Commercial real estate developers remain optimistic through uncertain times - UC Los Angeles

Commercial real estate developers remain optimistic through uncertain timesUC Los AngelesDevelopers in California remain upbeat about the future of the multi-family and industrial real estate sectors — and cautiously optimistic about commercial office markets — according to the latest Allen Matkins/UCLA Anderson Forecast California ...

CARMEN Commercial Real Estate Celebrates 20 Years of Tenant Representation

CARMEN Commercial Real Estate Services announced today that it is celebrating its 20th year in business providing real estate services exclusively to tenants of commercial real estate, having negotiated ...

Cushman & Wakefield | Commerce Reports Utah Commercial Real Estate Poised for Continued Strong Growth in 2013

The Cushman & Wakefield | Commerce 2012 Year-End Market Review shows that for Utah, 2012 was a stellar year of continued recovery. The research data reflects a year of stabilization with positive absorption ...

Europe Commercial Real Estate Rebounds

Investment volumes in European commercial real estate hit nearly 44 billion euros ($ 59 billion) in the fourth quarter of 2012, the highest quarterly level of since 2007, according to data from property ...