Archive for the ‘Real Estate’ Category

Condo Hotel Ownership – Top 10 Tips When Considering Condotel

Friday, September 22nd, 2006

Frank Arena an expert in Real Estate specializing in Condo Hotel gives top ten tips when considering condo hotel condotel buying.
10. A destination where millions of visitors travel to each year such as a ski resort, convention center, or Disney World. This creates greater occupancy rates.
9. A nationwide reservation system to help generate rental of [...]

Windy City Condo Goes Green with Wind Credits

Friday, September 22nd, 2006

Environmental cachet is one way to “brand” a condo project. Now the association board of Michigan Avenue Tower, a 225-unit, 29-story condo building completed last year, has added a novel “green” twist for windy Chicago: it has inked a deal with an Iowa wind farm to buy wind power credits for all of its energy [...]

50-foot-tall condo complex in downtown SLO is a step closer

Friday, September 22nd, 2006

In another sign that downtown San Luis Obispo is growing taller and more dense incrementally, the City Council has approved a tentative map for a 33-unit, 50-foot high condominium complex at Marsh and Nipomo streets.
It’s part of the council’s stated goal of having more people living downtown, this time in a mix of one- and [...]

Gov’t commits to condo review

Friday, September 22nd, 2006

Despite a federal minister’s prior comments to the contrary, indications are Prime Minister Stephen Harper will live up to his campaign commitment to conduct a review of the Canada Mortgage and Housing Corporation’s role in the multi-billion dollar leaky condo disaster in B.C.
MP Diane Finley, minister of Human Resources and Social Development, wrote a letter [...]

Condo Association President Accused of Bilking Insurance Money

Friday, September 22nd, 2006

A Daytona Beach condo association president is accused of pocketing money earmarked for hurricane repairs. Fifty-two-year-old Kathleen Blackman has been charged with grand theft for the alleged scheme at the Ponce Inlet condo complex.
Police say she stole more than $80,000 in insurance payments received for damages to the complex after the 2004 hurricanes. They’re not [...]

UAE development firm to unveil luxury resort on Abu Dhabi island

Friday, September 22nd, 2006

Abu Dhabi-headquartered Al Jaber PSC, one of the most prominent construction and development companies in the United Arab Emirates, is to build a signature resort on Saadiyat Island, the natural island lying 500 metres offshore the UAE capital city which is being transformed into an international tourism destination.
“The Al Jaber resort will be a key [...]

Doha Golf Club Has A Taste For Exotica

Friday, September 22nd, 2006

Doha, the capital of Qatar, is in line for its first five-star golf and spa hotel. Taj Hotels Resorts and Palaces is to work with Qatar Sports Investment Company on the creation of the Taj Exotica Golf and Spa Resort, which will stand at Doha Golf Club. The 150-room hotel, which will absorb investment of [...]

Investors plan hotel by fairgrounds

Friday, September 22nd, 2006

A group of Iowa City and Coralville investors plans to build a $4.1 million, 69-room hotel near the west entrance of the Iowa State Fairgrounds that will help revitalize the area and spur additional commercial and retail development.
“We want to get into the Des Moines market,” said Allen Lerch, a Coralville real estate broker and [...]

Hilton Hotels sells five Canadian hotel properties; two bought by InnVest REIT

Friday, September 22nd, 2006

Hilton Hotels Corp. has sold five hotel properties in three provinces to privately owned hotel management company Westmont Hospitality Group and InnVest Real Estate Investment Trust for $243 million.
The hotels included the 600-room Hilton Toronto in the city’s downtown, the 413-room Hilton Toronto Airport, the 571-room Hilton Quebec, the 486-room Hilton Montreal Aeroport and [...]

Who pulled the plug on the ice house?

Thursday, September 21st, 2006

Developer Kevin Jones says Preservation Greensboro Inc. must have major clout at city hall.
He says Preservation Greensboro killed a $3.5 million condominium project he planned for the former Colonial Ice Co. property at 401 E. Market St. The project, he says, would have been an anchor to reviving East Market.
“Oh, I wish,” Preservation Greensboro’s executive [...]

Neighbors wary of proposed condo project in Bull Shoals

Thursday, September 21st, 2006

Neighbors of a proposed condominium development want to see a master plan before rezoning is approved, but city officials say that is not required.
About 40 people attended a public hearing Wednesday about a rezoning request from Rivercliff Golf Course owner Jerry Ott, who is proposing to build about 40 condominiums and duplexes on about 20 [...]

Punta Gorda leaders decide fate of hotel, condo project

Thursday, September 21st, 2006

After more than four hours of heated debate, the Punta Gorda City Council finally made a decision on the controversial Harbor Inn Resort project. The proposed hotel is supposed to be built on the site of the Holiday Inn, which was destroyed by Hurricane Charley.
“I think the five members of this board are a disgrace [...]


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