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Hotel Financing
Tengku Zafrul: 2022 budget will contain strategies to revive Malaysia’s economic sector |…
Minister of Finance Datuk Seri Tengku Zafrul Abdul Aziz in Parliament, July 26, 2021. - Photo by Bernama
PUTRAJAYA, October 20 - Economic sector recovery strategies will be implemented within the framework of the 2022 budget which…
FSGL: Announcement of the conclusion of a legally binding agreement for the proposed acquisition of…
GENERAL ANNOUNCEMENT:: ANNOUNCEMENT BY ASSOCIATE, FIRST SPONSOR GROUP LIMITED
Issuer and securities…
‘YouTube of Hope’ gears up for next fundraising jump
The company behind a Scotland-grown mental wellness platform gears up for multi-million pound fundraiser as it embarks on a journey to become what its CEO describes like the âYouTube of…
City of Amarillo to host Barfield PACE forum to educate community on program | KAMR
AMARILLO, Texas (KAMR / KCIT) - The City of Amarillo has invited the community to find out how the Texas Pace Authority can help homeowners. The city is hosting the Amarillo Barfield PACE Forum on Thursday, October 21 from 9:15…
$ 100 million development wants $ 9.5 million in funding from Bayside
A $ 100 million mixed-use project in Bayside is asking for $ 9.5 million in village funding.Development, which would create 650 apartments and other housing units, a hotel and a possible new house for the North Shore library, in September…
Rohnert Park seeks funding for a temporary housing project near the Graton casino
Despite objections from the operators of the Graton Resort and Casino and two nearby hotels, Rohnert Park city council members voted this week to seek funding for a homeless housing project on a vacant plot of land from town less…
Bee Cave to hold public hearing in October on property assessments for The Backyard
The organization of funding for infrastructure improvements postponed construction of The Backyard until early 2022. (Courtesy of JPD Backyard Finance)
Bee Cave City Council voted on Oct. 13 to hold a public hearing later this month to…
Newmark expands Lodging Capital Markets group to Los Angeles
Greg Morgan, Director of Newmark and Nick Pappas of Canyon Partners (Getty, LinkedIn via Morgan, Pappas)
Newmark Group Inc. plants a flag in Los Angeles for its Lodging Capital Markets group with a new hire and transfer of management.…
Two sisters open “The Barkmore” pet care center
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CIM Group Provides $ 43.2 Million Bridge Loan Guaranteed by the REVERB by Hard Rock Hotel in…
ATLANTA - (BUSINESS WIRE) - October 7, 2021--CIM Group, a…
City Council discusses possible TIF district to connect two shopping centers – Picayune Item
The possibility of creating a Tax Raise Funding District to help fund a connecting road between Walmart and Home Depot was discussed at Tuesday's Picayune City Council meeting.
Troy Johnson and Butler Snow started the…
Kutztown Country Cruise and Albany Arts Fest
Community members traveled the country roads and stopped at the Kutztown Community Library Campaign Cruise and the Albany Arts Fest on Saturday October 2 in Kempton. âI think a lot of people feel trapped at home. It's a…
Student Hotel Receives € 300 Million Funding from APG, Aermont | New
Dutch pension fund manager APG is investing an additional 175 million euros in The Student Hotel (TSH), a European student residential property company.
Amsterdam-based TSH said it has secured ⬠300 million in funding from…
West Des Moines cuts the tape on 300-k Rec Plex
(West Des Moines, IA) - The City of West Des Moines has cut the ribbon on nearly $ 60 million, 300,000 square feet MidAmerican Energy Rec Plex at 65-cent Grand Avenue.
The establishment has a wide range of indoor and outdoor spaces for…
Russian tycoon Telman Ismailov seeks asylum in Montenegro after arrest on warrant from Moscow
A Russian billionaire of Azerbaijani origin wanted by Moscow for allegedly commissioning contract killings has been arrested in Montenegro.Local media in Montenegro reported on October 2 that Telman Ismailov was seeking asylum in the…
LiveXLive’s 70th version of its original LiveXLive franchise features performances by Common,…
LOS ANGELES, October 1, 2021 / PRNewswire / - LiveXLive Media (NASDAQ: LIVX) ("LiveXLive"), a global platform for live streaming and live and on-demand audio, video and podcast / vodcast content in the fields of music, comedy and culture…
Blue Vine Bistro Opens at Dale Hotel in Downtown Holdrege | Local News
Support local journalism…
Oyo files backed by SoftBank for $ 1.16 billion IPO – TechCrunch
Oyo is ready to explore the public markets. The eight-year-old Indian budget hotel giant has filed the documents with the local market regulator for an initial public offering, in which it seeks to raise around…
DA Davidson closes bonds on Black Desert public infrastructure district | Your money
ST. GEORGE, Utah - (BUSINESS WIRE) - Sep 30, 2021--DA Davidson 's Special District Group successfully…
State to announce winner of Vigo casino license on November 17th | New
The Indiana Gaming Commission intends to decide on November 17 which company will get the Vigo County…
Building a green and sustainable future
This week is World Green Building Week. Organized by the World Green Building Council (WorldGBC) and led by a global network of 70 Green Building Councils, World Green Building Week aims to promote sustainable construction for an…
Margaritaville Resort Sells South Florida’s Biggest Hotel Offering This Year –…
Pebblebrook Hotel Trust said to have bought the Margaritaville Hollywood Beach Resort for $ 270 million, making it South Florida's most expensive hotel acquisition so far of the year.
The hotel by the sea, located 1111 N Ocean…
The Premier League watches ‘significant’ matches abroad; Euro 2020 final refunds, Derby…
Premier League shareholders met again at the Landmark Hotel in Marylebone in London last week, and the continued growth of the competition has been an area of ââparticular…
Hovde Properties Moves Forward with Lake Avenue Property Redevelopment | Local News
The development agreement includes the caveat that the âRoot Worksâ ordinance will be in place, which will require construction labor hours to include 20% for qualified and eligible low-income city…
Shadowland was San Antonio’s casino and underground bar during the Prohibition era
You've probably written a column on Shadowland before, but I've always been curious about its history during Prohibition and WWII.
Although this legendary Texas truck stop lasted over 30 years, the elements that define it all…
NBO offers financing options for buyers in St. Regis Al Mouj Muscat
Muscat: The National Bank of Oman (NBO) has signed a strategic partnership with Alfardan Hotels and Resorts to provide financing facilities to buyers interested in purchasing a property within the residences of St. Regis Al Mouj…
Stonehill Provides $ 34 Million Refinancing for David Whitney Building in Detroit – Commercial…
Atlanta-based private lender Strategic capital of Stonehill, a credit division within Peachtree Hotel Group, contracted $ 34 million in debt to refinance and recapitalize the David Whitney Building in downtown Detroit, learned…
How the 195 Innovation District became a complex of apartment buildings
Friday, September 24, 2021
GoLocalProv sales team
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195 Land - a promise to transform the RI economy with high income jobs, now a high end apartment strategy
The relocation of Interstate-195 to Providence and the…
This Jhunjhunwala-owned hotel park has grown 32% so far in September
Shares of Indian Hotels Company (IHCL) hit a new high of Rs 185.05, up 7% on BSE in intraday trading on Wednesday, in hopes of a recovery in business after the unblocking of the economy and the resumption of travel. The stock is…
People and Property: real estate and construction news from around NH
Jennifer Landon, Vice President of Education and Workforce Development at Associated Builders and Contractors of NH / VT, was recently sworn in as Vice President of the Granite State Chapter of National Women in Construction for the…
Downtown Knoxville’s void on Gay Street could be filled with a hotel
Plans are underway to fill one of Gay Street's major 'missing teeth', adding an essential to the heart of downtown Knoxville.If rezoning is approved by Knoxville City Council, hotel developer Shailesh Patel wants to build a mixed-use…
Bridgeton Launches Technology-Driven Lending Platform, Targeting $ 350 Million In Funding In Year…
Hospitality real estate developer calls on fellow operators as loan demand continues to skyrocket in the wake of COVID-19Developer and Operator Launches New Technology-Driven Lending Platform for the Hospitality IndustryNEW YORK, September…
BBVA will provide preferential financing to Meliá franchise hotels
As part of the franchise strategy, Meliá has entered into an agreement with BBVA bank to offer potential Meliá franchisees access to preferential financing terms to meet their cash flow needs, as well as a wide…
The world awaits the verdict in the trial of Rwandan hotel hero Paul Rusesabagina
LONDON - After spending more than a year behind bars, the man who inspired the acclaimed 2004 film "Hotel Rwanda" must know his fate.A Rwandan judge is due to deliver a verdict on Monday in the closely watched trial of former hotelier Paul…
hero of the ‘Hotel Rwanda’ awaits verdict on terrorism charges | Africa | DW
The verdict of Paul Rusesabagina, a longtime critic of Rwandan President Paul Kagame, is scheduled for Monday, September 20. His trial attracted international attention for his role in saving hundreds of people during the 1994 Rwandan…
Ubtech Robotics Launches Anti-Epidemic Solution for Quarantine Hotels; Beijing to advance 6G…
Ubtech Robotics Launches Quarantine Hotel Outbreak Solution
Chinese humanoid robot maker Ubtech Robotics recently launched a science and technology anti-epidemic solution for quarantine hotels. According to Xiong Youjun, Ubtech's…
Trial date set for the case between Petersburg and the owner of the Old Ramada Inn
PETERSBURG - The City complaint of 267 pages against the owner of the Old Ramada Inn is scheduled to be heard by the Petersburg Circuit Court. The abandoned building has garnered much attention for its appearance and visibility with…
The Slovak acquisition of the Trakoscan hotel is now in the final phase
September 18, 2021 - The Slovak acquisition of the Trakoscan Hotel in mainland Croatia has finally reached its final phase, one more step towards the company taking full ownership of the facility.As Poslovni Dnevnik / Suzana Varosanec…
Finally back in person: DxPx EU conference welcomes international founders and investors in…
DUSSELDORF, Germany - (COMMERCIAL THREAD) - Innovative startups and growth companies, investors and industrial partners are invited to meet one day on site on November 16e, alongside MEDICA, at the Maritim Hotel…
SPECIAL FEATURE: Where to go now for Nagasaki and Casinos Austria? (part 5)
Nagasaki Prefecture signed a Basic Agreement with Casinos Austria International Japan (CAIJ) on August 30 for the development of an integrated resort at Huis Ten Bosch in Sasebo City, Nagasaki. But the process has been controversial to…
Pudu, backed by Tencent, and Neocrm raise new capital
Chinese companies backed by Tencent, Pudu Technology and Neocrm, have both secured new funding to fund their next stage of development.
Pudu, backed by Tencent, lifts the C2 series tour
Pudu Technology,…
Iowa Utilities Board Begins Public Meetings on Carbon Capture Pipeline Proposal
(The Center Square) - As of Monday, the Iowa Utilities Board (IUB) began chairing dozens of public meetings regarding a carbon dioxide pipeline that would cross 30 Iowa counties.
Summit Carbon Solutions proposed transporting…
Faith-led investor wants to rehabilitate downtown, starting with former strip club
A casino-turned-strip club in downtown Kennewick will reopen as a Mexican grocery store following a renovation by a faith-based investment group keen to play a role in the neighborhood.
Jared Walther, former nuclear industry executive…
Inauguration: A development of condos by the river in Avon
One Riverfront, a luxury townhouse and condominium development on the Eagle River at the base of Beaver Creek, has opened the land in Avon, on the last developable site at Riverfront Village in the rising mountain town of Avon.…
Lenders Defend Summit Village Foreclosure Action | News, Sports, Jobs
This August 2021 archive photo shows a subdivision on Summit Powder Mountain. (Standard-Examiner file photo) …
Failed Afghan projects swallow US money
The rapid collapse of the Afghan government at the hands of the Taliban has fueled fears of a humanitarian catastrophe, sparked a political crisis for President Joe Biden and caused scenes of desperation at Kabul airport.
It also raised…
Newburyport mayoral candidates face off for the first time | Local News
NEWBURYPORT - The three candidates vying for the next mayor clashed on Tuesday evening, debating issues…
Oyo aims for an IPO in India in 2021
Oyo Hotels and Homes will soon join the list of startups launching an initial public offering (IPO) in the country.
Internally, the hotel company has set a September deadline for filing its IPO prospectus and wants to become a public…
KLAIM Launches Medical Financing Solution for UAE Healthcare Providers
KLAIM, a healthcare technology platform, has just launched its new medical financing solution for healthcare providers in the United Arab Emirates. Designed specifically for healthcare providers such as hospitals, clinics, pharmacies and…
Conversion of former Union Trust building on Euclid Avenue to affordable housing gets green light…
CLEVELAND, Ohio - An iconic office building that symbolized Cleveland's economic might in the 1920s took a major step on Friday towards a $ 450 million conversion that included affordable apartments, as well as airplane and auto exhibits…
Sentinel Hospitality: Hearing Date Set for Orange County’s $ 20 Million PPP Fraud Case
Edouard Susolik
Multi-millionaires are said to have faked a loan application on behalf of a group of restaurants, causing the restaurant to lose its PPP funding and support during the COVID-19 shutdown. *
Laguna Niguel, California!-->!-->…
Oakland City Council Approves Roadmap for Contested Oakland A Stadium Plan
OAKLAND, Calif. (CN) - Under threat of another professional sports team moving to Las Vegas, Oakland City Council on Tuesday approved a roadmap for the construction of an Oakland Athletics baseball stadium from a billion dollars!-->…
Nicole Philips has been appointed Program Director of the MSc in Real Estate, Finance and Hotel…
Nicole Philips, formerly vice president of international hotel development planning at Marriott International, is the new director of the master's program in real estate, finance and hotel development at the Glion Institute of Higher…
tribe Tejon chooses companies to guide the hotel-casino project | New
The proposed $ 600 million casino and hotel near Highway 99 south of Bakersfield took another step…
Anglo-Iranian entrepreneur Ali Parsa behind Prukljan’s huge investment
July 19, 2021 - Wildly successful Anglo-Iranian entrepreneur Ali Parsa is the face behind a huge Prukljan investment, which the Croatian government has, at its usual snail pace, finally given the green light.As Poslovni Dnevnik / Marija…
developer is considering apartments for the old city market | Business
While highway crews work to transform downtown's busiest…
A president says team can’t agree to city’s terms to build waterfront baseball stadium…
OAKLAND - Just hours after the city publicly unveiled its terms on Friday for possibly continuing Oakland A's plan to build a waterfront stadium and village at Howard Terminal, the team chairman has categorically declared them rejected.…
Travel seed funding this week – Skift
Each week, we bring together travel startups that have recently received or announced funding. Please email Sean O'Neill, Travel Technology Editor-in-Chief, at [email protected] if you have any news about the funding. This week, travel…
Haitian Police say that the assassination of President Jovenel Moïse was planned during a meeting in…
The Haitian Police Chief Léon Charles indicated this Wednesday during a press conference that the assassination of President Jovenel Moïse was planned during a meeting in a hotel in Santo Domingo, Dominican…
Towards new heights
HAMILTON, New Zealand, July 14, 2021 (GLOBE NEWSWIRE) - Smokefree Innotec, Inc. is pleased to announce that it has recently concluded a Memorandum of Understanding with AG Architects 2019 Limited which is expected to be a 100%…
Navigate the “on fire” market with expert help
The real estate market is on fire and not normal. The Wright team can help.The Judi Wright team is one of the best production teams with the Frisco office of Ebby Halliday Realtors. The three members of the real estate agent are team…
MGM sells Aria and Vdara; more operations …
MGM Resorts has entered into an agreement to buy CityCenter in Las Vegas and sell the Aria and Vdara hotels on the site. Here is an overview of this transaction and more.
MGM Resorts purchases CityCenter; sell Aria and VdaraMGM…
Prosecutor O’Malley calls on Cuyahoga County to investigate billion dollar debt as it prepares…
CLEVELAND, Ohio - Cuyahoga County District Attorney Michael O'Malley is calling for an independent review of the county's finances to determine if he can afford a new jail - a project expected to be among the costliest in the history of…
Omnia Wellness is organizing a series of events with Health &
Events organized in Zurich and Monaco in upscale hotels and spas prime locations for SolaJet installations Europe represents a large market for advanced health and wellness technologies DENVER, July 02, 2021…
JetBlue Technology Ventures invests in Transparent, the leading vacation rental market intelligence…
SAN CARLOS, Calif .-- (COMMERCIAL THREAD) - JetBlue Technology Ventures (JTV), the venture capital arm of JetBlue Airways (Nasdaq: JBLU), today announced its investment in Transparent, the vacation rental market information…
Village Of Glen Ellyn: Village to purchase Roosevelt Road Hotel properties to revitalize the site
June 30, 2021 At the June 28 village council meeting, the council approved the contract to buy and sell the Roosevelt Road hotel properties, located at 675-677 Roosevelt Road and 660 Taft Road, at a cost of $ 2.00 $ 85 million. By…
NYS passes bill to breathe new life into closed hotels as affordable housing
The global pandemic has hit New York hotels hard, shutting some down for good. Now a new law has been passed in Albany aimed at converting distressed commercial properties into affordable housing. Photo credit: AP
By: Ilana Siyance!-->!-->…
Texas developer plans to convert Colorado Springs second-largest hotel into apartments | Premium
Austin, TX company specializing in hotel-to-apartment conversions proposes to transform Hotel Elegante…
Monarch Alternative Capital acquires ten hotel properties in bankruptcy process
NEW YORK and LONDON, June 25, 2021 / PRNewswire / - Monarch Alternative Capital LP, a leading investment firm with approximately $ 9 billion assets under management, today announced the purchase of ten full-service hotel real estate…
How Andrew Yang went from rock star to also ran
AP Photo / Brittainy Newman
NEW YORK - Andrew Yang burst into the New York mayoral race with strong notoriety, high-level backers and a relentlessly positive message of rebirth for a city torn apart by tragedy.…
San Diego corporate giants: PSA, Sheraton Hotels, Jack-in-the-Box
"You still sell French fries. Because it's a staple. It's like rice in China."
Thought for food
Bob Peterson (husband of Mayor Maureen O'Connor) opened his first Jack-in-the-Box restaurant at 63rd Street and El Cajon Boulevard…
Stroock expands its hotel practice with Real Estate Pro
Law360 (June 18, 2021, 5:59 p.m. EDT) - Stroock & Stroock & Lavan LLP has added a real estate and corporate lawyer for the hospitality industry to its Washington, DC office, saying its new partner has represented some of…
Why bears might explore a possible move to Arlington Heights – NBC Chicago
The Chicago Bears flirted with the idea of ââpotentially researching a site for a new stadium, but the team stepped things up on Thursday when they announced they had submitted an official…
Beacon Capital Partners Seals $ 370 Million CMBS Refi for Chicago’s AMA Plaza
Morgan stanley and Goldman Sachs provided a loan of $ 370 million to Beacon Capital Partners for AMA Square - a 1.2 million square foot trophy office tower in 330 North Wabash in Chicago, learned Commercial Observer.
Funding is…
Alameda County plans to delay action over city’s request to help fund A’s new stadium…
After a tense six-hour meeting, the Alameda County Board of Supervisors on Tuesday decided to postpone the scheduling of a vote until the end of June to decide whether to opt for a tax district that would help Oakland A's build a…
After deep cleans and a few updates, the Palmer House is coming back to society
For 15 months, the majestic Palmer House has been closed, brought down by the pandemic and the precarious state of its property. For many places that are so expensive to maintain, that would mean neglect. This is not the case for…
Introduction to the success of new hotel owners
By LK Eric Prévette
One of the most intriguing aspects of the post COVID-19 hotel market is the increase in the number of first-time buyers, especially among high net worth and family offices. More than 10,000…
US, Japan leave G7 stuck on coal – POLITICO
FALMOUTH, England - At a world summit meant to showcase their efforts to save the climate, the leaders of the planet's richest and most advanced countries got stuck on the rock that fueled the 19th century.
Days of…
Salisbury town center is optimistic about potential for more residential space – Salisbury…
SALISBURY - As a graduate student at the University of North Carolina at Charlotte in the mid-1990s, Pete Bogle spent hours wandering around downtown Salisbury, visiting all the restaurants and shops that left him…
Proposed Adams Wind Project, Stanton Townships | News, Sports, Jobs
SOUTH RANGE - The townships of Adams and Stanton both have upcoming public meetings on a proposed wind turbine project.
Circle Power, a company based in Royal Oak, Mich., Is…
Rockford gobbles up slices of old fashioned pub pizza
All of the $ 16,000 and up raised on Kickstarter will go towards renovations, but the sum is really just a drop in the bucket of the estimated $ 1 million renovation project. Courtesy of Rockford Brewing Company
(Watch this story on…
G7 preparations affected by covid-19 epidemic, hotel closed
A hotel, which UK media reported was being used by members of the German delegation to a Group of Seven summit in England, has closed because staff members have tested positive for COVID-19, said Thursday its owners.
The Pedn Olva hotel…
Hyatt Regency temporary closure indicates plethora of problems in India’s hotel industry
The temporary closure of the Hyatt Regency Mumbai due to lack of funds may have caught the attention of many, but it points to a much greater malaise plaguing the hotel industry in India.The tourism and hospitality…
BioHiTech Global enters into project management services agreement with Lone Cypress Energy Services
CHESTNUT RIDGE, NY, June 9, 2021 / PRNewswire / - BioHiTech Global, Inc. ("BioHiTech"or the" Company "(NASDAQ: BHTG), a sustainable technology and services company, has entered into a project management services agreement with Lone…
Stratus Properties Inc. announces The Saint June, a luxury multi-family development in Barton Creek
AUSTIN, Texas - (COMMERCIAL THREAD) - Stratus Properties Inc. (NASDAQ: STRS) (âStratusâ or the âCompanyâ) today announced plans and construction financing…
Over $ 10 Million C-PACE Loan for TETRA Hotel and AC Sunnyvale Hotel – Blog Law Hotel –…
June 7, 2021Find out how JMBM's Global Hospitality Group® can help.Click here for the latest articles on C-PACE Funding.
Hotel lawyer: Another PACE (C-PACE) commercial financing closed
The GES team worked with funding…
Qatar sent hundreds of millions of dollars to terrorist group – report
A group of Syrians filed a lawsuit against the Qatari regime last week in London for allegedly sending hundreds of millions of dollars to the designated international terrorist group al-Nusra Dront in Syria.The Times made…
Qatari Foreign Direct Investment Decision: A Bangladesh Experience
Bangladesh experienced a 9% increase in per capita income for the year 2020-2021 (its per capita income was estimated at USD 2,227, and it exceeded India's GDP in 2020-2021 which was 1,947 USD). The World Bank revised…
Hilton Worldwide Holdings Inc. (HLT) Up 2% Since Last Earnings Report: Can It Continue?
A months have passed since the last earnings report of Hilton Worldwide Holdings…
Stadium Authority Releases Chicago Taxpayers, Refinances $ 21.4 Million In Soldier Field Debt
The Illinois Sports Facilities Authority has agreed to recoup some of the debt used to renovate Soldier Field to free beleaguered Chicago taxpayers for what would have cost $ 22 million.
The bonds that funded the $ 660 million…
Paloucek: North Platte learns about optimism | Chroniclers
The unicameral has just allocated $ 10 million over the next two years for the development of a "rail fleet" that could help finance direct access to Union Pacific rails, an irresistible attraction for rail companies. processing and…