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DALLAS, Texas—The commercial realestate lending market demonstrated signs of stabilization at the end of 2023, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. percent from Q3 2023—marking the first quarterly increase since Q1 2022.
Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it, Hempel RealEstate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel.
DALLAS, Texas—The commercial realestate lending market slowed in Q1 2024 due to high interest rates and limited credit availability, but a tightening of credit spreads indicated signs of stabilizing, according to the latest research from CBRE. The index saw a decline of 32.7
Peachtree Group (“Peachtree”), a diversified commercial realestate investment firm, announced it has closed approximately $660 million in credit investments since Dec. 1, 2023, with an additional $350 million anticipated closing over the next 30 to 45 days.
DALLAS—Stress in the banking system and financial market volatility continued to slow commercial realestate lending activity in the first quarter of 2023, according to the latest research from CBRE. The index closed […] The post Commercial RealEstate Lending Continued Slowing in Q1 2023 appeared first on LODGING Magazine.
Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation (NYSE: MCS), announced today that it along with Hempel RealEstate and Robinson Park Investments have reached an agreement to jointly acquire the Loews Minneapolis Hotel.
DALLAS—The commercial realestate lending market is beginning to stabilize, with borrowing costs appearing to have peaked, even as transaction activity remains subdued, according to the latest research from CBRE. percent from Q2 2023 and 47.9 percent when compared with the strong loan volume in last year’s third quarter.
MILWAUKEE—Marcus Hotels & Resorts announced that it has reached an agreement to jointly acquire the Loews Minneapolis Hotel with Hempel RealEstate and Robinson Park Investments. The terms of the agreement were not disclosed and are subject to the satisfaction of certain standard closing conditions.
MILWAUKEE—Marcus Hotels & Resorts announced that it, Hempel RealEstate, and Robinson Park have closed on the acquisition of the Loews Minneapolis Hotel. The terms of the transaction were not disclosed.
Landmark WA hotel Hyatt Regency Perth is set to close its doors next month after 36 years in operation with its Singapore-based owner Tuan Sing Holdings Limited seeking to embark on a new hospitality direction.
Peachtree Group (“Peachtree”), a diversified commercial realestate investment firm, announced it has closed approximately $660 million in credit investments since Dec. 1, 2023, with an additional $350 million anticipated closing over the next 30 to 45 days. Billion appeared first on LODGING Magazine.
ATLANTA, Georgia—Noble Investment Group announced that it held the final closing for Noble Hospitality Fund V, L.P. This is the fifth of Noble’s flagship series of realestate funds focused on value-added investments in select-service and extended-stay hotels across the United States. Noble Fund V).
Peachtree Group , a diversified commercial realestate investment company, has revealed its credit division has closed $556 million in loan originations of the $1.1 commercial realestate debt maturing before the end of 2026. commercial realestate debt maturing before the end of 2026.
Marcus & Millichap (NYSE:MMI), a leading commercial realestate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of an 11-property Courtyard Hotel portfolio in Illinois, Ohio, Alabama, Arkansas, Virginia, Kentucky, and Oklahoma. The portfolio sold for $101 million.
When LODGING spoke to Alex Kirkwood, founder & CEO of the eponymous Kirkwood Collection, he was “in chaos mode in escrow closing on two deals” for his fast-growing luxury boutique hotel investment, development, and management firm.
Realestate content marketing is critical for strengthening your brand and growing your audience. However, with so many types of content, realestate firms might feel stumped on where to start. What is content marketing in realestate? You can carve out your brand through content marketing.
For a good reason, commercial realestate marketing is a hot topic. But, how can you make your realestate company stand out from the crowd and attract clients online? Download Our FREE Whitepaper 10 RealEstate Website Must Haves to Drive Traffic & Generate New Leads Does your RealEstate Website have all 10?
Commercial realestate investment firm Peachtree Group has closed its third hotel property structured as a Delaware Statutory Trust (DST) with the completed acquisition of its 98-key Hilton Garden Inn Jackson in Jackson, TN. million in realestate-related transactions, were acquired debt-free.
Keeping up with the busy realestate market means realestate digital marketing can take the backseat. If you’re not keeping up with digital marketing in the realestate business, you’re missing out on leads. What is realestate digital marketing? A good website is also optimized for mobile.
One potential upheaval is looming in commercial realestate. As the work-from-home movement continues to grow, the commercial realestate market in large cities such as New York, Chicago and San Francisco are seeing a significant impact. Revealing a potential realestate market opportunity.
NEWPORT NEWS, Virginia—Mumford Company announced it had a strong start in 2024, with multiple transactions closing in the first quarter of 2024. ” Some of their recent transactions include: […] The post Mumford Company Starts 2024 With Multiple Transaction Closings appeared first on LODGING Magazine.
Among various digital marketing strategies, one stands out as exceptionally effective: realestate email marketing. Realestate email marketing is a potent marketing approach that revolves around the act of sending targeted emails to customers and potential prospects. How to Start Email Marketing for RealEstate 1.
Located in one of the most picturesque parts of the island, close to the emerald rice terraces and coffee plantations of Tegalalang village, The Apurva Kempinski Ubud, Bali, is the latest hospitality project from Indonesian realestate developer PT. Panorama Indah Dewata.
In a field that was valued at $7,063 Billion in 2022, realtors need to get creative with realestate lead generation ideas to stay ahead of the curve. The realestate market is saturated with professionals vying for the same customer pool. Realestate lead generation is an essential component of industry success.
She Has a Deal creates new pathways to hotel ownership and development by exposing participants to the hard-to-find details needed to successfully source, analyze, raise capital and close hotel realestate investment deals.
DENVER, Colorado—Sage Hospitality Group announced that Sage Investments entered into a joint venture agreement with Aspect RealEstate Group, Corner Lot, and Kelco Management and Development, closing on One Ocean Resort & Spa. The property benefits from its location in Jacksonville Beaches.
NEW YORK—MCR Hotels, Island Capital Group, and JLL’s Hotels & Hospitality Group announced that MCR and Island have closed on a $260 million refinancing of the 1,780-key Sheraton New York Times Square. The new financing was provided by funds managed by affiliates of Fortress Investment Group LLC.
With such rewarding outcomes, many realestate agents aspire to enter the luxury realestate market. Of course, the ultimate question is how to sell luxury realestate. What Is Luxury RealEstate Property? Attention to detail is a must when learning how to sell luxury realestate.
Lead generation for realestate agents is tricky in a competitive market. Up to 37% of realestate marketers say they struggle the most with lead generation. With a robust realestate lead generation strategy, you can attract potential homebuyers with ease! But leads don’t have to be a mystery.
Principal RealEstate, the dedicated realestate investment team of Principal Asset Management, has partnered with GWM’s Italian RealEstate Special Situations (IRESS) II fund, through the acquisition of a stake in the Rome Cavour Hotel complex on behalf of a Separate Account Mandate.
NEW YORK, New York—PMZ Realty Capital LLC announced that it has closed over $40 million in recent weeks. There is a strong sense of optimism in the economy, anticipating the Fed lowering interest rates […] The post PMZ Realty Capital Closes Over $40 Million in Recent Transactions appeared first on LODGING Magazine.
announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 The company also announced the transfer of the company’s […] The post Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update appeared first on LODGING Magazine. DALLAS, Texas—Ashford Hospitality Trust, Inc.
Firstly, the headwinds faced by the commercial realestate industry attracted substantial attention. Investment volume is expected at THB9-10 billion, close to the 10-year average volume of THB11.7 Trading should recover further, whilst realestate headwinds may ease. In 2023, two consistent headlines emerged.
ATLANTA, Georgia—McKibbon Equities announced that it has closed on the purchase of Courtyard by Marriott Atlanta Buford Mall of Georgia located northwest of Atlanta. The 110-key property was purchased from an affiliate of Hotel Equities and represents the second portfolio investment for McKibbon Income Fund I.
BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, Washington, for $63.3 Based on the hotel’s operating […] The post Pebblebrook Hotel Trust Closes Sale of Hotel Monaco Seattle appeared first on LODGING Magazine. million to a third party.
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IHM speaks to hospitality and realestate professionals to learn more about the sustainability initiatives implemented in their businesses, and what the industry should do to lead the way. • What is the most important sustainability measure within your business and why? Not just green washing.”
Isn’t it amazing to think that SEO can skyrocket your return on investment (ROI) by up to 1,389% for realestate businesses ? Commercial RealEstate SEO improves website visibility and search engine rankings, targeting specific customer segments and attracting qualified leads.
Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline RealEstate Partners (HREP), has acquired the Homewood Suites by Hilton Eatontown.
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The Germantown Chamber of Commerce hosted the ribbon-cutting ceremony, which featured comments from developer Spence Ray of McNeill Commercial RealEstate to an audience that included corporate clients, investors, the local community and representatives of the Memphis Convention & Visitors Bureau and the City of Germantown.
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