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WASHINGTON, DC-Amstar closes the Doubletree Park Terrace Hotel for its $12 renovation project after obtaining a $23 million loan from The Bank of Nova Scotia. The remaining $11 million will cover a portion of the company's original investment in the property.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
June 25, 2025
CRE owners and occupiers more comfortable executing their business plans.
June 25, 2025
Occupancy at the properties exceeds 97 percent.
June 25, 2025
Office occupancy is unlikely to increase in the near future.