Denver Post Starwood Hotels & Resorts and Corporex Colorado have submitted proposals to the city of Denver to win the right to develop a terminal hotel near the international airport. Starwood proposed a 500-room Westin. Corporex, which also made a ...
Honolulu Star-Bulletin Hawaii's hotel industry saw occupancy and overall performance drop in April, according to a report by Hospitality Advisors LLC. Despite some growth in average daily room rates, room revenues declined 3.6 percent. Occupancy also dropped 5.9 percentage points ...
Lowe Enterprises and Canyon-Johnson Urban Fund have acquired the Hilton Washington hotel in the nation's capital for $290 million from Hilton Hotels Corp.The Lowe-Canyon Johnson venture plans to invest another $100 million in renovating the 1,119-room hotel on five acres ...
Wachovia Bank has provided more than $500 million of mortgage financing to ING Clarion, allowing the investment manager to fund the defeasance of $335 million of mortgages it assumed through its $877 million acquisition of a REIT that owns extended-stay ...
Lowe Enterprises and Canyon-Johnson Urban Fund have acquired the Hilton Washington hotel in the nation's capital for $290 million from Hilton Hotels Corp.The Lowe-Canyon Johnson venture plans to invest another $100 million in renovating the 1,119-room hotel on five acres ...
Wachovia Bank has provided more than $500 million of mortgage financing to ING Clarion, allowing the investment manager to fund the defeasance of $335 million of mortgages it assumed through its $877 million acquisition of a REIT that owns extended-stay ...
By Jeff Mordock, Commercial Real Estate Direct Staff WriterA Southern California investment group is offering for sale the Park Plaza Hotel, a 189-room property in Oakland, Calif.The group has tapped the San Francisco office of Marcus & Millichap to market ...
Capmark Finance Inc. has provided $69 million of floating-rate financing for 180 Peachtree St., a 604,000-square-foot former Macy's department store in downtown Atlanta. The financing has a three-year term and could be extended for another year. It pays only interest ...
New York PostWalton Street Capital is under contract to buy the Paramount Hotel at 235 W. 46th St. in Manhattan for $200 million. The seller is a venture of Becker Ventures and Hard Rock Cafe International, which was in the ...
Capmark Finance Inc. has provided $69 million of floating-rate financing for 180 Peachtree St., a 604,000-square-foot former Macy's department store in downtown Atlanta. The financing has a three-year term and could be extended for another year. It pays only interest ...
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© 2023 Commercial Real Estate Direct All rights reserved..