Category: Featured Articles
Starwood Capital Opens Second Postcard Inn Hotel Location
Starwood Capital has quietly opened a second location of their Postcard Inn hotel brand.
Starwood To Convert Millbrae Property to Aloft; Also Has Plans for An Element In Phase 2
This is a bit of old news – it was originally announced in mid-September – but Starwood Hotels is converting their Clarion Hotel property in Millbrae, CA (just south of the San Francisco Airport) to an Aloft. In fact this is going to be the first conversion for the Aloft brand, and thats just the first phase of the project, the second phase being a new-build Element hotel.
Perfect Example of the Media Taking A Comment Out of Context
I’m not one to sit and talk about media bias, I hate Fox News, and rarely watch CNN or any other 24/7 news network because I cant stand how news organizations always blow issues out of proportion, or report on an issue totally out of context if the truth. Sometimes they just look for stuff [...]
Hilton’s Home2 Suites Takes Over Site of Never-Built W Philadelphia
Two days ago, during a Commercial Real Estate Conference in Philadelphia, the Philadelphia Mayor and the Parkway Corporation announced Philadelphia’s first Home2 Suites development – on the corner of Arch St and 12th Ave, 1200 Arch Street to be exact. Before you say, “Who cares? Another cookie-cutter extended stay chain hotel in Philadelphia”; recall back [...]
Insights into Shopping Center Department Store Leases – And Apple’s Impact On Them
As the Apple Stores located in malls throughout America grow in popularity, the scales of power are starting to tip in their direction and away from the anchor stores.
The Meadowland’s Xanadu Getting New Name and Developer
One of the biggest developments on the East coast that was caught up in the recession is Xanadu located in the Meadowlands, adjacent to the Giants Stadium and the New Jersey Turnpike. First planned almost 10 years ago, it was finally built, but never finished. It’s a huge monstrosity that takes up over 2.4 million [...]
CerXus Makes Mistake By Rejecting Starwood Property Trust Takeover Attempt
Starwood Property Trust put another company on the map this week – Crexus Investment Corporation – by making an unsolicited bid to purchase the entire company at a 20% premium to their current stock price. What did Crexus’ board decide to do? Reject it. Why would they do that? What company would not want to [...]
Caesars Centurion Tower Changing to Nobu Hotel
Caesars Palace in Las Vegas announced today they are converting their old and unloved Centurion Tower into a boutique hotel called Nobu Hotel, based on the famous Nobu Restaurant that has a number of locations around the world. It’s going to be the first property from Nobu Hospitality (owned by Nobu Restaurant Group) with the [...]
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