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REAL ESTATE CHANNEL is a Global "Internet-Based" News Network located in NBC Universal Studios (Orlando, Fl) that covers residential, commercial and vacation-leisure real estate news, trends and events on a worldwide basis. Visit us online at (www.RealEstateChannel.com) to learn more.
RECENT BLOG POSTS
(HENDERSONVILLE, TN) STR Reports U.S. Hotel Pipeline for May 2009(HENDERSONVILLE, TN) -- The total active U.S. hotel development pipeline includes 4,907 projects with 522,778 rooms, according to the May 2009 STR/TWR/Dodge Construction Pipeline Report released this week. READ FULL STORY HERE: (www...
06/16/2009
(CHESTERFIELD, MO) Coast Guard's $2.3M Cargo Wharf Project Breaks Ground in Kodiak, Alaska(CHESTERFIELD, MO) -- A specialized $2.3 million construction project, the largest this year in Alaska, is under way in Kodiak.Corrpro Companies, Inc., a subsidiary of Chesterfield, MO-based Insituform Techn...
06/16/2009
(WASHINGTON, D.C.) Builder Caution Reflects Fragile Housing Market in June(WASHINGTON, D.C.) -- Indicating that single-family home builders remain cautious and concerned about the fragile state of today's economy and housing market, the National Association of Home Builders / Wells Fargo Housing ...
06/16/2009
(IRVING, TX) JPMorgan Securities Arranges $200M Loan for FelCorp(IRVING, TX) -- In one of the largest deals of its kind this year, JPMorgan Chase Securities Inc. arranged a $200 million loan today for Irving, TX-based FelCor Lodging Trust.  The loan gives FelCor breathing room from the new debt.....
06/15/2009
(NEW YORK, NY) Extended Stay's $8B Buyout Triggers Record Bankruptcy Protection Filing(NEW YORK, NY) -- In April 2007,  David Lichtenstein's Lakewood, NJ-based Lightstone Group LLC borrowed $7.4 billion to buy the 680-hotel chain Extended Stay Inc. from New York City-based Blackstone Group LP.Ana...
06/15/2009
(NEW YORK, NY) Multifamily and Retail Loan Defaults Still Climbing(NEW YORK, NY) -- The projected cash streams from numerous commercial projects in the U.S. in 2007 and 2008 is not happening, causing developers and owners to continue defaulting  on loans, according to Fitch Ratings.The New York C...
06/15/2009
(ABU DHABI, UAE) Abu Dhabi's Aldar Properties and Cambridge Sign LEAD Partnership Agreement (ABU DHABI, UAE) -- Aldar Properties, Abu Dhabi's leading property developer, has signed up Cambridge University's Judge Business School, one of the top ten in the world, to deliver a new version of Aldar'...
06/15/2009
(ATLANTA, GA) No Silver Lining for U.S. Hotel Industry Until 2011, Predicts PKF (ATLANTA, GA) -- There is good news and bad news today for the nation's hoteliers. "The good news is that the bottom of the current cycle for the U.S. hotel industry is soon to arrive," says R. Mark Woodworth, READ FU...
06/15/2009
(CLEVELAND, OH) Americas Best Value Inn Adds 22 Properties and 1,351 New Rooms in April and May(CLEVELAND, OH) -- The hotel industry is supposed to be in trouble, so why is Americas Best Value Inn adding properties to its growing portfolio instead of waiting out the 18-month Recession like most o...
06/15/2009
(HENDERSONVILLE, TN) STR Reports U.S. Hotel Performance (HENDERSONVILLE, TN) -- The U.S. hotel industry posted declines in all three key performance measurements during the week of 31 May-6 June 2009, according to data from STR. READ FULL STORY HERE: (www.RealEstateChannel.com)
06/12/2009
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REAL ESTATE CHANNEL is a Global "Internet-Based" News Network located in NBC Universal Studios (Orlando, Fl) that covers residential, commercial and vacation-leisure real estate news, trends and events on a worldwide basis. Visit us online at (www.RealEstateChannel.com) to learn more.