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Mar-05, 2013
Former Trump hotel on Lauderdale beach being offered for sale in bulk
Fort Lauderdale Sun Sentinel
The Fort Lauderdale condo-hotel that was supposed to carry the Donald Trump name now is being offered for sale in one bulk deal, not unit by unit.
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Mar-05, 2013
IKEA's Parent Plans a Hotel Brand
The Wall Street Journal
IKEA has made a booming business out of cheap, stylish prefabricated furniture, much of it designed for tight spaces. Now, an affiliate and Marriott International Inc. are looking to create hotels in the same mold—joining a race by hotel companies to saturate Europe with low-cost rooms.
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Mar-06, 2013
Vintage Loop office tower to become Hyatt hotel
Chicago Real Estate Daily
The owner of a 22-story Loop office tower is pushing out more than 60 tenants, clearing the way for a redevelopment expected to transform it to a Hyatt-brand hotel with more than 250 rooms.
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Feb-24, 2013
D.C. drops Donohoe as developer of Mount Vernon Triangle hotel
The Washington Post
In 2008, the D.C. government selected Donohoe Development from a crowded field of companies interested in building a hotel on city-owned property at 5th and I streets in Mount Vernon Triangle. Nearly four years later, the site remains un-built.
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Feb-27, 2013
Baltimore must tap general fund to help Hilton meet debt payments
The Baltimore Sun
The city will be forced to dip into its general fund for $1 million to help the city-owned Hilton Baltimore make debt payments this year, city officials said Wednesday.
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Feb-26, 2013
Standard Hotel's owners may check out
Crain's New York
Owners of the Standard Hotel in the meatpacking district are quietly exploring a sale of the property in a deal that could total $300 million.
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Feb-19, 2013
Hip SLS hotel brand Downtown Miami-bound?
The Miami Herald
Months after opening the SLS Hotel South Beach, is the company behind the hip hotel eyeing Downtown Miami?
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Feb-19, 2013
Divide and Conquer in Manhattan
The Wall Street Journal
Real-estate investor Rockpoint Group and hotel operator Highgate Hotels bought Manhattan's Milford Plaza Hotel for about $200 million in 2010. Now, they are breaking it into pieces for a potential windfall.
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Feb-19, 2013
Molinaro-Koger Executive Pleads Guilty In Illegal Hotel Flipping Scheme
The U.S. Department of Justice
Jonathan Propp, 48, of McLean, Va., pleaded guilty today to conspiring with others to steal more than $20 million from Host Hotels and Resorts by executing a series of illegal sales of hotels.
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Feb-18, 2013
Abu Dhabi Fund Close to Purchase of Marriott Hotels
Bloomberg News
The Abu Dhabi Investment Authority is close to buying 42 hotels managed by Marriott International Inc. and controlled by the Royal Bank of Scotland Group Plc.