September 14, 2001 WASHINGTON – MeriStar Hospitality Corp. (NYSE:MHX) will hold a shareholder meeting to vote on the proposed merger with FelCor Lodging Trust Inc. (NYSE:FCH).The REIT will hold the meeting on Thursday, Oct. 11, at 9 a.m. EST, at ...
September 14, 2001 Hilton Hotels Corp. today said that the Hilton Millenium it manages near the fallen World Trade Center in lower Manhattan is still standing.The company said tests for structural integrity continue and added that it expected some damage ...
September 13, 2001 Marriott International Inc. (NYSE:MAR) said the World Trade Center Marriott, which is at the base of the World Trade Center, has suffered "irreparable damage."The firm's Financial Center Marriott, which is several blocks south of the World Trade ...
September 13, 2001MONTEREY, Calif. – A group of Monterey investors headed by the Cannery Row Co. has purchased three upscale boutique hotel properties here.UBS Warburg LLC sold the hotels, two of which are oceanfront properties, through Jones Lang LaSalle Hotels. ...
September 7, 2001 BOCA RATON, Fla. – Michael F. Glennie has resigned his position as senior vice president of resort operations at Boca Resorts Inc. (NYSE:RST) and president of the Boca Raton Resort & Club, effective Sept.21. Glennie resigned to ...
August 29, 2001 The owner of the Clarion LaGuardia hotel, the closest hotel to New York's LaGuardia Airport, has hired Jones Lang LaSalle Hotels to market the 169-unit property for sale.Pacifica LaGuardia LLC is offering the hotel unencumbered by brand ...
The property was bought three years ago with the Barbizon, another luxury hotel. First Union is providing the floating-rate loan.
August 28, 2001 BEVERLY HILLS, Calif. – Hilton Hotels Corp. (NYSE:HLT) has completed the sale of $200 million of 30-year senior unsecured notes.Proceeds were used to retire all outstanding debt under Hilton's original 1996 $1.75 billion revolving credit line, which ...
August 27, 2001 NEW YORK – Fitch has upgraded one class in Asset Securitization Corp.'s 1997-D4, and affirmed other classes it rates. The ratings on the $28.1 million class A-2 were raised to triple-A from double-A-plus. The upgrade is attributed ...
August 27, 2001 GROTON, Conn. – GMAC Commercial Mortgage Corp. has provided about $26 million in floating-rate financing for the Mystic Marriott Hotel and Conference Center. The 285-key hotel, which opened in June, is at 625 North Road and includes ...
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