Hotels | GlobeSt.com

CENTURY CITY, CA-The new REIT, which will buy distressed assets, will be managed by a subsidiary of Colony Capital LLC, which has a long history of investing in troubled assets.

• Airport Hotel Auction Looms

• Improving Assets on a Shoestring Budget

• View All Hotels News

FEATURES
InterContinental Hotels Group’s Anhut 'Hospitality is a good business and there are some pretty good returns in the long term.'	CampusBrands Launches Student Housing Franchise Former hotel executive teams up with NYLO Hotels to create the first franchise brand for off-campus student housing.	View the week's top Hotels stories GlobeSt.WEEK

EXPERT OPINIONS

Marcus & Millichap’s Dorothy Jackman

'There is a need and desire for all types of student housing.'

Apartment Realty Advisors’ Corson

'You may have an asset where the conditions are such that your best option is to get rid of it now.'

SECTOR WATCH

Akridge Uses Venture to Build Out 10M-SF MXD Pipeline
WASHINGTON, DC-Partners from Akridge and JPI East are joining forcing to form Jefferson Apartment Group.

INDUSTRIAL

• Lear Corp. Prepares to File Chapter 11
• Industrial Tenants Ink 292,000 of Leases
• Earth Friendly Products Buys 100,000-SF Building

MULTIFAMILY

• $12M Snatches Up 90-Unit MF Portfolio
• Cohen Secures $5M Financing for Multifamily Properties
• ‘Friendly’ Foreclosure Filed for Condo Tower

OFFICE

• MBA: Q1 Property Sales Total $9B
• Medical Tower Lines Up First Tenants
• NAI Hanson Completes Lease Renewal

RETAIL

• Back to Work on Streets of Buckhead
• Council Signs Off on Fordham Expansion
• Source: $72M Takes NoVa Office

NET LEASE

• California May Delay Rent Payments
• Cronheim Mortgage Arranges $100M Note Purchase
• VIDEO: Under $10M Is the New Black

AROUND THE NATION

Q1 Property Sales Total $9B
WASHINGTON, DC-That is a far cry from the $43.4 billion in Q1 2008 and $125.5 billion in Q1 2007.

HEADLINES

• Real Estate Forum:
Retail and the Recession
• LSRP Program Gears Up for Implementation
• NetLease Forum:
Shareholders Challenge CVS' Longs Buy

DEAL FOCUS

Lack of New Business Hurt Extended Stay
SPARTANBURG, SC-The company’s $8-billion buyout leads to a major hotel bankruptcy.

FINANCE

• MBA: Q1 Property Sales Total $9B
• California May Delay Rent Payments
• Colony Financial REIT Files $500M IPO

DEVELOPMENT

• City Proposes Moscone Center Expansion
• Turner Fund Targets Distressed Assets
• New Holiday Inn Opening at Disney World

LEASING

• Improving Assets on a Shoestring Budget
• The Landlord As the Detective
• Diversification Still Key, Even in a Recession

SALES

• Airport Hotel Auction Looms
• Hotel Defaults More Than Double in State
• Landlords Can’t Forget Their Customers

COMMUNITY

Apartment Realty Advisor’s Donnellan

‘People have to live somewhere, and they are going to be renting.’

CALENDAR OF EVENTS

FEATURED EVENT

RealShare Multifamily Conference

July 9, 2009
Virtual Conference Series

Post Your Event View 2009 Calendar

DIRECTORIES

Marketing & Business Development Guide

Real Estate Forum - February/March 2009

Hotel Services Resource Guide

Real Estate Forum - January 2008

Professional Real Estate Services Resource Guide

Real Estate Forum - December 2008

Albany Hotels

Find great deals on Albany Hotels and save with Travelocity.com

WEBINAR SPOTLIGHT

LIVE WEBINAR
Distressed Hotels:
How Bad Will it Get?

How bad will financial distress in the hotel industry get before it gets better? Are we seeing just the tip of the iceberg in terms of hotel foreclosures? What can owners do to help their properties survive? Why aren’t we seeing more sales of distressed hotels? Will lenders take back properties or work out loan terms with borrowers? Listen in as our panel of experts gets to the bottom of these crucial questions. Monday, July 6, 2009: 12:30 PM ET Cost: $59
Register Now >

Other Webinars The Economy: Midyear Reality Check | The Next Generation of Student Housing Design & Development: Case Studies from Around the Nation | Job Opportunities in a Turbulent Market | Building Owners at Risk: Surviving Distress | Retail: Is There Hope? | Opportunities in Distressed Assets | View All >

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RESEARCH & ANALYSIS

Hotel Development Continues Downward Spiral

Frozen credit markets and plummeting revenues have clamped down on lodging development worldwide.

Statistics Point to a Down Year for Lodging

A scan of outlooks paints a dark picture of what hoteliers can expect in 2009.

HOT TOPICS

GlobeSt.TV

VIDEO: Breaking Down the Stimulus Package

LOS ANGELES-Tony Thompson talks with Incisive Media’s John Salustri at the RealShare Real Estate 2009 event earlier this year.

Financial Experts: Obama Is Clearing a Path

NEW YORK CITY-A panel of financial pros assessed the administration's stimulus package and its forward-reaching effects on the stale economy.

Dubai World Sues Troubled MGM Mirage

LAS VEGAS-The investment arm of the government of Dubai sues MGM Mirage, its 50-50 partner in the multi-billion CityCenter development, for breach of contract.