Tag Archives: Hotel

US hotel industry looks for deal pace to pick up – Reuters

LOS ANGELES (Reuters) – Hotel companies and real estate firms are optimistic that U.S. deal transactions will pick up this year despite concerns about Europe’s economy and challenges in obtaining debt financing. While a business-led economic … casino real estate … Continue reading

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Chesapeake Lodging Trust scoops up Midtown Manhattan hotel for $52M – The Business Journal

An Annapolis hotel real estate investment trust has expanded to the Big Apple. Chesapeake Lodging Trust, a real estate investment trust that invests in hotels around the country, closed on its purchase of the Holiday Inn Midtown hotel on 31st … Continue reading

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Hotel Lenders Shun Foreclosures as $17.5 Billion in U.S. Loans Come Due – Bloomberg

REO refers to real estate owned by lenders following a foreclosure. A loan with an original balance of $ 425 million and backed by luxury hotels owned by Beanie Babies creator H. Ty Warner — including Four Seasons Hotel New … Continue reading

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Inside Gaming Real Estate Edition: Hooters for Sale, Hilton Renamed, and More – Poker News

… Las Vegas Hotel & Casino is the new name, it can’t be anything but a placeholder. It’s not a viable name for a property. The only options are to revert back to the Hilton name or you sell it … Continue reading

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The Admiral” buys Houston hotel – Houston Chronicle

San Antonio-based Admiral Capital Real Estate Fund LP has acquired an interest in the Hilton Garden Inn at 12245 Katy Freeway. The purchase price was not disclosed. This is the group’s third acquisition and first investment in the hotel sector. … Continue reading

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Hersha to Buy Courtyard Miami Beach Oceanfront Hotel for $95M – GlobeSt. com

Let GlobeSt.com be your source for everything real estate. MIAMI BEACH-Hersha Hospitality Trust in Philadelphia has signed a contract to purchase the Courtyard Miami Beach Oceanfront hotel for $ 95 million. The 263-room, Art Deco hotel, located at 3925 Collins … Continue reading

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China 2012 Business Preview: A Good Year To Buy A Hotel – Forbes

Soft real estate prices in mainland China will likely continue into next year, making it a good time for investors to buy hotels and other real estate, a senior industry executive says. “Borrowing will remain difficult next year,”  Wendy … … Continue reading

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From Hotel Owner to the Hired Help – Wall Street Journal

Banks are calling in some loans and are leery of financing construction of new motels because of economic uncertainty and concerns about the health of the commercial real-estate market. Shirish Patel, an obstetrician and gynecologist in … motel real estate … Continue reading

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Real estate market will increasingly revolve around distressed commercial properties – New Orleans Times-Picayune

In a wide-ranging lunchtime talk at the Hotel InterContinental, Berger talked about how financing commercial real estate has changed since the national real estate crash in 2007 and how business is changing with the generational shift at the … hotel … Continue reading

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MIG Real Estate Acquires Jackson, WY Point Inn & Suites Hotel – Yahoo Finance

NEWPORT BEACH, Calif. & JACKSON, Wyo.–(BUSINESS WIRE)– MIG Real Estate, a Newport Beach, Calif.-based real estate investment company formerly known as Stoneridge Capital Partners, has acquired the 90-room Point Inn & Suites Hotel in Jackson, Wyoming, the … casino real … Continue reading

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