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Hotel Financing
Egypt’s agricultural exports exceed 3 million tonnes in five months
JEDDAH: The Saudi Ministry of Commerce has granted six steel export licenses and six cement export licenses so far this year.In 2020, the ministry issued a total of 21 cement export licenses and 19 steel licenses, and is currently…
Little support for the use of Nevada tax dollars on the baseball stadium
CARSON CITY - The Nevada legislature gave the Oakland Raiders 750 million reasons to move to Las Vegas five years ago. Would they do the same for Oakland Athletics?
The short answer is "no," said most legislative leaders when asked…
Eagle Hospitality gets OK for a $ 482 million hotel sale at Ch. 11
Law360 (May 28, 2021, 8:26 p.m. EDT) - A Delaware bankruptcy judge on Friday approved Eagle Hospitality's $ 481.9 million Chapter 11 sale of 14 of its hotels, rejecting calls from a failed bidder for more time to solidify a new…
ACORE invests $ 225 million in hotels for graduates of AJ Capital – Commercial Observer
A few months after raising $ 1 billion in capital to deploy in the struggling hotel sector, the Los Angeles-based real estate financier ACORE Capital invested $ 225 million in preferred shares in AJ Capital Partners' Graduate…
Judge Del. Denounces allegations of fraud in Eagle Hospitality Ch. 11
Law360 (May 26, 2021, 8:14 p.m. EDT) - A U.S. Bankruptcy Court judge on Wednesday said he was considering referring suspected fraud to the $ 2.4 million federal paycheck protection program to the U.S. Attorney's Office, in a…
Form 8-K Hospitality Investors For: May 10
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT…
The outlook for the hotel remains negative
Suvarnabhumi Airport is almost deserted due to the lack of travelers. Hotels are expected to…
Newsom calls for record $ 12 billion to fight homelessness in California – Courthouse News…
Promising a more aggressive approach, Newsom said the massive sum will create nearly 50,000 new homes and take families off the streets of California for good.
Speaking to reporters at a renovated San Diego hotel that is now…
Hotel Deals Leave Louisville Taxpayers With $ 5 Million Tab Amid Pandemic Crisis | In depth
LOUISVILLE, Ky. (WDRB) - In a bizarre consequence of the travel industry shutdown in 2020, Louisville…
Chetrit gets loan for Collins Park Miami Beach Hotel
Joseph Chetrit and a render of the Collins Park project (Getty, Kobi Karp)
The Chetrit Group has marked a lifeline for the redevelopment of its long-planned Collins Park hotel, The real deal has learned.
New York-based Chetrit has…