Search Results

MIAMI-The hospitality industry in Broward, Miami-Dade and Palm Beach counties appears resilient so far to an overall weakness in the US economy, though this softness is posing a challenge to locally based hoteliers in markets elsewhere.

TRENTON-Both proposals need enabling legislation for their complex financing, but the speaker of the State Assembly has declined to schedule a vote before the end of the current session.

ORLANDO-Mark Ellert, who opened the $36-million, 233-room Marriott Renaissance last week in South Florida, is looking at a 2003 debut for a $70-million, five-star, 150-room, 25-condominium complex in suburban Winter Park, FL, the area's first hotel development in 30 years.

DENVER-The National Conference of State Legislatures will use the sale of $13.9 million in tax-exempt bonds to build its headquarters at the former air force base. NCSL currently leases space Downtown.

PHOENIX-The Foltz Family Trust of Avondale has sold its Bethany Village Shops, reaping $1.2 million for the 47-year-old holding. The 14,700-sf center is located along N. Seventh Street. Scottsdale-based 2501 Hayden LLC is the new owner.

WESTON, FL-The locally based owner of the Ritz-Carlton San Juan Hotel, Casino & Spa in Puerto Rico files a Chapter 11 petition under the U.S. Bankruptcy Code. Weston is 26 miles north of Miami; Puerto Rico is 1,038 miles south.

SEATTLE-CarrAmerica Realty Corp., one of the largest owners, developers and managers of US office space announced today the portfolio-wide rollout of essention Inc.'s Web-based commercial property management solution into CarrAmerica-operated properties across North America.

ARLINGTON, TX-Metro Custom Plastics Inc. is moving just a couple of blocks away in the Great Southwest Industrial Park, but it signals a significant expansion for the manufacturer. The company has inked a five-year, four-month deal to double its space.