With the U.S. hotel market recovering, some of the country’s largest hotel companies are ready to resume their efforts to divest themselves of real estate.
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Archive for the ‘condos’ Category
Hotels Poised to Shed Properties
Wednesday, September 8th, 2010Capital Freeze Thaws for Real-Estate Funds
Thursday, September 2nd, 2010Real-estate funds saddled with boom-time properties are getting relief from Wall Street firms and other investors hoping to capitalize on their need for cash.
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Street Jumps on Property
Wednesday, September 1st, 2010Real-estate funds saddled with boom-time properties are getting relief from Wall Street firms and other investors hoping to capitalize on their need for cash.
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Commercial Property Owners Choose to Default
Wednesday, August 25th, 2010Like homeowners walking away from mortgaged houses, some large commercial property owners are defaulting on debts and surrendering to lenders buildings worth less than their loans.
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Hotel Firm Nears Brink
Thursday, August 19th, 2010A real-estate investment firm led by Joseph E. Robert Jr. is exploring a potential bankruptcy filing for Highland Hospitality that would mark yet another collapse of a major hotel company.
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Hotel Chain Explores Bankruptcy
Wednesday, August 18th, 2010A real-estate investment firm led by Joseph E. Robert Jr. is exploring a potential bankruptcy filing for Highland Hospitality that would mark yet another collapse of a major hotel company.
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Builder Bets on California Revival
Tuesday, August 17th, 2010Standard Pacific has entered a $150 million deal that gives the home builder the right to buy 468 acres of land in northern San Diego County over the next two years.
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Coastal Resort Goes for Cheap Price
Wednesday, August 11th, 2010Exclusive resort Sea Island is selling its assets to two funds and filing for bankruptcy protection. The deal is a sign of the changes taking place in the commercial real-estate landscape.
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Foreclosed On—By the U.S.
Wednesday, August 4th, 2010The Fed has foreclosed on some properties and is facing the prospect of more—from homes to commercial buildings—as a result of its souring Bear Stearns portfolio.
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Miami Tower Built for Storms
Wednesday, July 28th, 2010A Miami-based developer is seeking to capitalize on predictions of a rougher hurricane season, which may be a marketing opportunity for him and his new tower at 1450 Brickell Ave.
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