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ATLANTIC CITY-It has been in the works for over two years, and the 3,000-key property will take close to four years to complete, company officials say.
CHICAGO-The Trump International Hotel & Tower will have about 100,000 sf of retail space including the Rebar Lounge, Sixteen Restaurant and The Spa at Trump.
SEATTLE-The hospitality arm of the locally based Goodman family acquires three Fairmont-branded hotels, two in Acapulco and one in Bermuda, which will receive $70 million in upgrades.
DALLAS-The merger creates rare force by teaming six MAI-designated appraisers. HSM Consulting's Mark O'Briant remains president and Tracy Smith Law becomes EVP.
LAS VEGAS-With the casino operator's share price standing above the offer price, a Dubai World subsidiary attracts only 2.4% of the maximum number of shares it could have acquired.
DALLAS-The REIT, pruning a $2.4-billion buy, reports $35.2 million of net gain to date. Next will be Residence Inns, totaling 472 keys, in Georgia, California and Missouri.
LAS VEGAS-The $5.4-billion management led buy-out of Station Casinos will be considered for final approval by the Nevada Gaming Commission later this month.
LOS ANGELES-Coupling $40 million of equity with $120 million in debt, the duo will acquire and develop select-service hotels in the Western and Southwestern US.