Archive for September, 2007

W Hotel Phoenix – Cancelled – For Now…

| September 30, 2007 | 0 Comments

Well, its been confirmed – according to an article in the Arizona Republic – the W Hotel Phoenix is dead.. At least for now. The hotel was proposed to be built by Sun’s Legacy Partners which is owned by the Phoenix Sun’s owner Robert Sarver, as part of a mixed use development which would contain [...]

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Implosion Date and Time of former Sand’s Casino Hotel Confirmed

| September 24, 2007 | 0 Comments

UPDATE 10-16-07: FAQ of Sands Casino Implosion Last week Pinnacle Entertainment sent out a press release giving the date and time of the Sand’s Casino implosion. Pinnacle Atlantic City today announced that the implosion of the legendary Sands Casino Hotel will be held on Thursday, October 18, 2007 at 9:30 p.m. (rain or shine). The [...]

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Future W Hotel Locations

| September 14, 2007 | 2 Comments

I came across a pretty complete list of W Hotel Locations – existing, under construction and planned hotels. This list also contains information such as who the architect was, who the designer was, if the hotel was a conversion or new build, and the year the hotel was opened. The document is noticeably out of [...]

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Starwood’s aloft and element in Lexington Massachusetts

| September 12, 2007 | 0 Comments
Starwood’s aloft and element in Lexington Massachusetts

One of the first (if not the first) aloft and element hotels that are scheduled to open in Spring 2008 are the Starwood owned and managed aloft & element Lexington, MA.  Don’t worry -  its not going to be a one building containing both brands – its going to be two separate buildings, two separate [...]

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Starwood Capital’s new division: Starwood Land Ventures, LLC

| September 12, 2007 | 0 Comments

Yesterday I came across a news bit on the PR Newswire: Starwood Capital Group and John Peshkin Form New Joint Venture to Focus on Land Acquisitions Starwood Capital Group Global, LLC, a leading international development and real estate investment firm, announced today the formation of Starwood Land Ventures, L.L.C., a new joint venture with John [...]

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Atlantic City Gets It’s First Boutique Hotel – The Chelsea!

| September 6, 2007 | 0 Comments
Atlantic City Gets It’s First Boutique Hotel – The Chelsea!

UPDATED: 9/21/10 -  Go here for information on the Ritz-Carlton Atlantic City featured in HBO’s Boardwalk Empire? UPDATED: 9/10/07 – I was contacted by LaForce + Stevens, the PR agency for the developer and was told that the name of the development will be ”The Chelsea” and NOT The Chelsea House, I have updated this post to reflect that. [...]

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More on Casino Investments

| September 4, 2007 | 0 Comments

Yesterday I posted a pretty lengthy entry about how casinos are the “next big thing” in real estate investment, and in that post I made some pretty bold predictions about how I thought that Starwood Capital would probably get involved in investing in casino developments… Well – today I came across a number of news articles (some [...]

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Morgan Stanley Building a Ultra-Luxury Casino in Atlantic City

| September 3, 2007 | 0 Comments

Major investment firms such as Goldman Sachs, Morgan Stanley, Credit Suisse as well as other investment/hedge funds are starting to invest in industries outside of the financial industry. Real Estate for one, has become one of the most popular forms of investment by these firms, look at Blackstone, earlier this year they made the largest  [...]

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