Posts Tagged ‘hotel’
Commercial Real Estate Week in Review
May 22nd, 2010 | 
Author: Commercial Real Estate Week in Review-Week of May 16-22
-Our office neighbor Hersha Hospitality Trust is betting on the New York hotel sector, as they increased their exposure by purchasing a 113-room Holiday Inn.
-Welsh Property Trust and Campus Crest Communities are going public. Their IPO’s are projected at $315.2M, and $385.3M, respectively.
-Have commercial real estate prices in Dubai bottomed out?
-Starwood Capital’s bid for Extended Stay hotels “better” than $905M offer from Centerbridge Partners, and Paulson & Co. Auction set for May 27, 2010.
-Yale professor claims “history is unpredictable.” History already happened. This is why I went to Penn.
Posted in Week in Review | 
Tags: BNY Mellon, Campus Crest Communities, Centerbridge Partners, Clearview Hotel Trust, Columbia Sussex, commercial mortgages, commercial real estate, Desert Capital, distressed real estate, Dubai, extended stay hotels, general growth, Hersha Hospitality Trust, holiday inn, hotel, IPO, Japan, Las Vegas, LNR Property Corp., Mortgage Bankers Association, New York, Paulson & Co., Penn, RioCan, Senate, Starwood Capital, Wells Fargo, Welsh Property Trust, Yale | 
No Comments »
Commercial Real Estate Week In Review
The Week of July 4-10
-Apparently CBRE does want you to think about the environment before printing those emails. They have submitted 225 buildings for LEED certification.
- Deutsche Bank is selling 825 Eight Avenue after all.
- A bankrupt lender has accepted funding that will pull them from the icy grip of Chapter 11.
- A mixed use property in London has fetched a 122 million Euro price tag. What’s the conversion rate again? Read the rest of this entry »
Posted in Hospitality, Niche Property Types, Week in Review |
Tags: assets, bankrupt, CBRE, Chapter 11, Dave Jacobs, Deutsche Bank, distress, foreclosure, green building, hotel, LEED certification, lender, mixed use, Palm Beach, self storage, Vornado Realty Trust |
No Comments »
