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TOP STORY
NEW YORK CITY-The firm appoints Jeffrey Davis to oversee its hospitality financing business in the US, who will team with Jere Lucey, a managing director with JLL's REIB group.
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| FEATURES | ||
| Hotel Finance Underwriting Grows More Conservative New results of the International Lodging Finance Council show that hotel sector financing is becoming as constrained as in other asset classes. |
Hotel Pipeline Growing Despite Downturn Lodging Econometrics reports more new records for projects and rooms planned during the first quarter. |
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EXPERT OPINIONS
SECTOR WATCH
Downtown Nixed, Centene Plans $215M HQ RedoCLAYTON, MO-City, state and local officials are negotiating with the healthcare firm on incentives for the 605,000-sf project, which promises to add almost 870 new jobs.
INDUSTRIAL
• Hillwood Opens 2M-SF, 144-Acre Business Park• Tire Centers Inks 75,000-SF Distribution Space
• Q1 Reports Show Struggling Industrial Market
MULTIFAMILY
• Wayland Firm Buys Venerable Hotel Tria• Buyer Pays $12M for 276-Unit Shadow Ridge
• 37,000 SF of Offices, 41 Apartments Sold
OFFICE
• JPMorgan Chase Signs 48,000-SF Office Renewal• $3M Commercial Building Under Construction
• Thompson's Team Maps Out 5M-SF Buying Strategy
RETAIL
• FTC Privacy Proposals Hit Resistance• Irving Eyes Summer Start for $125M CVB Center
• Adas Natural Launches Healthy Expansion Plan
NET LEASE
• Wachovia CRE Exec Makes Surprise Departure• Editorial Shifts Reflect REMs Integrated Focus
• Hunsaker Leaves CBRE for Grubb & Ellis
AROUND THE NATION
GlobeSt.com: UPDATE Thompson's Team Maps Out 5M-SF Buying Strategy
HOUSTON-Thompson National Properties' chief investment officer says up to two million sf will be Texas space in the nationwide chase. First up could be a local office trophy.
HEADLINES
• Real Estate Forum: Is the CMBS Market on Life Support?
• GlobeSt.com:
Sources: Despite Delays, West Side Build Certain
• NetLease Forum:
Todays Market Just the Beginning of Cap Rate Movement
DEAL FOCUS
Interstate to Manage New Cambria SuitesATLANTA-The 143-room hotel near the citys airport will be the first of several projects with Charania Group.
FINANCE
• JLL Hotels To Expand Debt, Equity Business• Hotel Finance Underwriting Grows More Conservative
• Hotel Tax Increase On the Table Again
DEVELOPMENT
• Irving Eyes Summer Start for $125M CVB Center• ULI Creates 21st Century Road Map for Change
• Swig MXD Tower Has Industry Confidence
LEASING
• Hermansen Prepping Site for $100M-Plus MXD• DeBartolo Ready to Start $150M Mountain Vista
• $750M MXD East Avenue Wins First Office Tenant
SALES
• Wayland Firm Buys Venerable Hotel Tria• 80-Room Lubbock Hotel Trades for Nearly $6M
• Red Lion Buying 487-Key Radisson for $25M
COMMUNITY
'In the first quarter we lost 232,000 net payroll jobs.'
CALENDAR OF EVENTS
FEATURED EVENT
NYU Hospitality Conference
June 1-3, 2008
Tisch Center, New York University, New York
Tisch Center, New York University, New York
NEXT EVENT
Midwest Lodging Investor's Summit
July 14-16, 2008
Chicago Sheraton Hotel & Towers, Chicago
Chicago Sheraton Hotel & Towers, Chicago
DIRECTORIES
A guide to product suppliers and service providers for New Jersey's commercial real estate industry.NOMINATIONS
Florida's Top Real Estate Lawyers to be Featured in February/March Special Double Issue
Commercial real estate has become increasingly complex, with myriad rules, regulations and various factions impacting whether a project becomes reality or advances little more beyond the idea stage.
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WEBINAR SPOTLIGHT
No one can dispute the importance of green initiatives to our environment. But real estate practitioners have a dual challenge in that they must embrace sustainability and maintain their fiduciary responsibility. Our expert panel will discuss the balance and conflicts of the two often-conflicting missions of green and the bottom line.RESEARCH & ANALYSIS
GULFPORT, MS-High occupancies are seen in rebuilt hotels three years after Katrinas rage.
NEW ORLEANS-Conventions are coming back, though many still have a negative perception of the city, say local convention experts.
HOT TOPICS
The experts say the downturn is more a matter of perception than reality...for now.
With transaction volume slowing, CRE executives now face the prospect of smaller paychecks.
Many firms are starting to incorporate earth-friendly measures within their own operations.


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