Hotel

Inland American Moves Up

March 28, 2012

Inland American Real Estate Trust Inc. has purchased five upscale hotels for $393.1 million in a shift of its lodging portfolio closer to the high end.

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Trump Makes Return to Risk

March 28, 2012

Donald Trump’s appetite for real-estate risk has returned. He is doubling-down his bet on the Trump International Hotel and Tower Chicago, the second-tallest building in the city.

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Inland Finalizes Purchase of 5 Hotels for $393 Million

March 27, 2012

Costar… Inland American Lodging Group, a subsidiary of Inland American Real Estate Trust, completed its purchase of five hotels in three separate deals totaling $393.1 million. DiamondRock Hospitality Co. (NYSE: DRH) sold three properties for $262.5 million or $184,599 per room. The assets were built between 1981 and 1986. The 1,422-door portfolio includes: the 409-room Griffin Gate Marriott Resort & Spa, a seven-story, 350,000-square-foot structure at… Visit link: Inland Finalizes Purchase of 5 Hotels for $393 Million Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Lodging Sales Surge As ‘Unprecedented’ Hotel Market Run Unfolds

March 22, 2012

Costar… The U.S. lodging industry, benefitting from two years of sporadic recovery, should continue to enjoy gains in occupancy and pricing power through 2014, with rising profits luring greater levels of investment, according to a series of hospitality reports and outlooks released over the last few days. PKF Hospitality Research, LLC predicted this week that revenue per available room (RevPAR) for U.S. hotels will rise 5.8% in 2012, the result of solid… Link: Lodging Sales Surge As ‘Unprecedented’ Hotel Market Run Unfolds Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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In The Pipeline: CoStar Development & Construction News for March 4 – 11

March 6, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Old Wholey’s ‘Fish’ Building Slated For Conversion to Office… Follow this link: In The Pipeline: CoStar Development & Construction News for March 4 – 11 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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In The Pipeline: CoStar Development & Construction News for Feb. 12-18

February 14, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Brooklyn Tower Expected to Break Ground Late This Year The… Read more: In The Pipeline: CoStar Development & Construction News for Feb. 12-18 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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GSA Picks Trump Plan for Project

February 8, 2012

A proposal from Trump Hotel Collection and private-equity investor Colony Capital was selected by the General Services Administration to redevelop Washington’s Old Post Office Building into a luxury hotel.

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In The Pipeline: CoStar Development & Construction News for Feb. 5-11

February 7, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. ACC Begins Student Housing Project at Drexel University American… Read the rest here: In The Pipeline: CoStar Development & Construction News for Feb. 5-11 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Marriott Delivers Late Editions

January 19, 2012

Marriott has been trying—and failing—for more than four years to build a brand of hip hotels. Now, it finally may be breathing some life into the Edition brand, its competitor to the stylish W chain.

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Korman Expands Extended-Stay Hotel Brand

January 11, 2012

Korman Communities is expanding its AKA brand of luxury, extended-stay hotels to Los Angeles, seeking to cater to the entertainment-industry clientele that it already serves with its four hotels in New York.

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Private Equity Checks In at Jameson Inn

January 11, 2012

Colony Capital, a California-based private equity firm, on Monday won a hard-fought battle among creditors for control of the Jameson Inn chain of 103 budget hotels in the Southeast and Midwest U.S.

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Famous Hoteliers Get Wake-Up Call

January 4, 2012

Good news for Bill Gates, Gloria Estefan and Pierre Omidyar: Luxury hotels are rebounding, offering their famous owners some solace that their purchases will be more than costly trophy assets.

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A Messy Battle for Budget Beds

January 4, 2012

Private-equity investor Colony Capital has scored a victory in what is emerging as a messy legal tug of war over the Jameson Inn chain of 103 budget hotels.

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Seeking a More Upscale Crowd

December 8, 2011

The Dominican Republic’s Punta Cana area has established itself as a popular tourism destination among people tourism officials call the “drunk and sunburned.” That’s a problem for the area’s luxury hoteliers.

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Free Loan Consultation

September 3, 2011

Call me or complete the form below for the free consultation.   Our goal is to understand your commercial real estate loan needs and use our capital markets expertise, connections, and partners to provide the best loan solutions.   We find the best debt or equity loan solution for your requirement and get the loan closed. * = required field First Name * Last Name * Phone Number Email * Loan Type * Debt Equity Both Debt & Equity USER/SBA Hard Money Bridge Rehab Property Type Apartments Office Retail Industrial Hotel Senior Datacenter Healthcare Mixed-Use Single-Tenant Student Housing Other City * Reason * New Purchase Re-Finance Loan Buyout Line of Credit Other Loan Amount Property Value NOI Other Notes Follow-Up Email Phone Your Role Borrower Broker Attorney Other   Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide Bryan Shaffer – Questions: bshaffer@gspartners.com   Loans and Services: Construction Debt & Equity Financing | Interim Loans | Rehab Loans | Bridge Financing | Construction | Perm Financing Fixed-Rate and Adjustable-Rate Loans | Participating Loan Financing | Joint Venture Financing | Second Mortgage Loans Owner Occupied User Loans | Mezzanine Debt Financing Preferred Equity Financing | Credit | Tenant Lease Financing | Sale | Leaseback Financing | Bond Credit Enhancements | Hard Money | Quick Close Loans Specialty Healthcare Real Estate Loans | Specialty Technology & Data Center Loans Visit site: Free Loan Consultation

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Investors Jump Back Into Rebounding Hotel Market — Industry Partners

June 2, 2011

Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans . Distressed REO Properties – Whole Loans … See the original article here: Investors Jump Back Into Rebounding Hotel Market — Industry Partners

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Jones Lang LaSalle Aligns With MOB Developer — Industry Partners

June 1, 2011

Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans . Distressed REO Properties – Whole Loans … Read More: Jones Lang LaSalle Aligns With MOB Developer — Industry Partners

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The Depressing State of Housing — Industry Partners

June 1, 2011

Commercial Real Estate & Multi-Family Loans – Both Debt & Equity – California & Nationwide. Retail – Office – Industrial – Hotels – Multi-Family – Student Housing – Single Tenant SBA Loans . Distressed REO Properties – Whole Loans … See more here: The Depressing State of Housing — Industry Partners

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Morgans Hotel Group Sells Two for $140M

June 1, 2011

Costar… Morgans Hotel Group sold two hotels in New York City to Felcor Lodging Trust for $140 million, or approximately $801 per square foot. The deal includes the 168-room Royalton Hotel located at 44 W. 44th St. and the 114-room Morgans Hotel at 237-239 Madison Ave. The two hotels total 175,000 square feet and have been recently renovated with more than $32 million in improvements in the last three years. Morgans Hotel Group will continue to manage… Original post: Morgans Hotel Group Sells Two for $140M Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

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Promising Returns Lure Back U.S. Hotel Buyers

May 31, 2011

The rebound of U.S. hotels and resorts is drawing in buyers who stepped back from the industry prior to the recession, as the hospitality sector once again promises high returns.

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