Starwood Cranks Up Development Engine
A pair of hotels a 200-room Sheraton and a 260-room Westin that will soon be added to the 700-plus Starwood Hotels & Resorts Worldwide properties are
Hoteliers Head for the Far East
The Asia-Pacific region has become the new land of opportunity for hotel companies. And China, with its explosive economic growth, burgeoning tourism
Hotel Owners Reach For A Lifeline
The spiraling decline in hotel profits since the record-breaking year of 2000 when pretax operating profits topped out at $13,481 per room has been nothing
Hoteliers: Wait 'Til Next Year Really
This time is different, promise hotel operators and analysts. After two straight years of unrealized expectations, the hotel sector is truly poised for
Condos Help Seal Hotel Financing Deals
With lenders today having virtually no appetite for large-scale resorts or convention hotels, developers in search of financing for high-end product are
Venturing Out on a Limb
Hundreds of aging shopping centers across the United States some with vacancy rates topping 50% are becoming attractive investment targets for joint-venture
Diversifying During the Downturn
With the office and industrial sectors mired in a slump, real estate executive Larry Pobuda has advice for owners and developers: diversify your portfolios.
Life After the Refi Boom
When the residential refinancing wave finally subsides which some analysts anticipate will occur before the end of the year title companies will be ready.
An Ideal Climate for Sale-Leasebacks
When RF Micro Devices sought financing to grow its business late last year, a sale-leaseback proved to be a convenient financing alternative. The company,
Holding On Until Recovery Comes
The scenario is all too familiar: For the third straight year the hotel industry is faced with lackluster demand and declining revenues. As the sector
Office Owners Cut Expansion Plans
Faced with swelling vacancy rates and tepid demand from Corporate America, office owners are trimming expansion plans. Duke Realty Corp., No. 5 on NREI's
Aggressive Growth Strategy
Gregory Maloney took over the reins as president of the Jones Lang LaSalle retail group March 1, succeeding Robert F. Welanetz, who will remain with the