In a deal estimated at $100 million, Dallas-based Wyndham International Inc. has sold a 14-hotel portfolio to Minneapolis-based Milestone Investments Inc. and Regency Hotel Management Inc., a subsidiary of Sioux Falls...
San Diego-based JMI Realty Inc. is developing a third hotel in its hometown, a 12-story, 284-room Marriott hotel in the city's Del Mar Heights/Carmel Valley area. The $50 million hotel, which will feature 12,600 sq...
Construction will begin this month on a $47 million addition to Harrah's East Chicago riverboat casino. Las Vegas-based Harrah's Entertainment Inc. expects work to be completed in fall 2001 on the 15-story, 292-room...
Looks like everybody wants to visit the Big Apple. Occupancy rates at New York City hotels averaged 84.4% in the first half of 2000, breaking the previous record for the January to June time period. The room rate was...
Atlanta-based Bass Hotels & Resorts has acquired the 400-room San Juan Grand Beach Resort & Casino for $75 million from a New York-based investment group. Following a $17 million renovation, the hotel will be...
Memphis, Tenn.-based Peabody Hotel Group (PHG) is teaming with New York-based Green Stamp America Inc. on a $20 million renovation of The Excelsior Hotel in Little Rock, Ark. Upon completion of the renovations in...
Apartment Investment and Management Co. (Aimco), a Denver-based REIT, has agreed to pay $301 million to acquire a controlling interest in Oxford Properties, a division of Oxford Realty Financial Group. In the...
Southfield, Mich.-based Signature Associates-ONCOR International, a real estate brokerage firm, has formed a mortgage banking division called Signature Capital. The new division will finance industrial, office, retail...
Marriott set to open village near Mickey and friends Construction is nearing completion at the Marriott Village at Little Lake Bryan, a 1,100-room hotel complex near Walt Disney World in Orlando, Fla. Scheduled to...
Last summer, Prudential Mortgage Capital Co. executives were assessing the strengths and weaknesses of their organization like an NFL front office before the annual draft. Discussing ways to enhance their team, they...