ROSEMONT, IL-First Hospitality Group Inc., a developer, owner and manager of mid-level hotels in the Midwest, is moving forward on new projects again after a slow few years during the downturn. Things are looking up for the hospitality market, says Robert Habeeb, the president and COO.

In particular, the company has been working on conversions of former buildings, usually from a different asset class, into successful hotel projects. These include the Loyalty Building in Milwaukee, the original headquarters of Northwestern Mutual Life now being converted into a 128-room Hilton Garden Inn; and the conversion of the Federal Building in Omaha, an office property, into a 152-room Residence Inn.

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