Posts Tagged ‘Midwest’

AAA Projects Slight Decline in Thanksgiving Travel Nationwide and in Texas for the First Time Since 2002

Wednesday, November 19th, 2008

AAA Texas forecasts a small decline in the number of Americans and Texans traveling during the Thanksgiving holiday weekend. Approximately 41 million Americans will travel 50 miles or more from home this Thanksgiving holiday weekend, a decrease of 600,000 travelers (1.4 percent) from last year’s total of 41.6 million, while the number of Texans traveling [...]

MHI Hospitality Corporation Receives Economic Development Award for Hampton, VA Asset

Thursday, October 30th, 2008

MHI Hospitality Corporation announced today that the Company received the Stakeholder of the Year Award for the Crowne Plaza Hampton Harborside. The award was presented by the Downtown Hampton Development Partnership in recognition of a business or individual that contributed significantly to the city’s new development or redevelopment over the past year. The Stakeholder [...]

MHI Hospitality Corporation Closes Acquisition of Hampton, Virginia Asset

Sunday, April 27th, 2008

MHI Hospitality Corporation announced that the Company has completed the acquisition of the 172-room former Radisson Hotel in Hampton, Virginia for approximately $7.75 million, or $45,000 per room. The Company has also entered into a 10-year franchise agreement with InterContinental Hotels Group (IHG) [(LON: IHG) (NYSE: IHG - News; ADRs)] through its franchising entity, Holiday [...]

‘Wellness’ becomes condo selling point

Wednesday, June 27th, 2007

Would you like a shiatsu massage with your new condo? How about a bone-density test?
Arizona’s Canyon Ranch, regarded as the most glittering brand in the $10 billion spa industry, has branched into real estate, and on Wednesday will roll out a marketing campaign for the 67-story condo-hotel at Huron and Rush Streets that will bear [...]

Pheasant Run Resort & Spa Hires Mike Larson as GM

Thursday, June 7th, 2007

Oakbrook Hotels Inc. is pleased to announce the appointment of Mike Larson to the position of General Manager of Pheasant Run Resort & Spa, the Midwest’s largest entertainment resort, located less than an hour from downtown Chicago in historic St. Charles, Ill.
“We are delighted Mike is joining us at Pheasant Run. He comes to the [...]

Appellate lawyer buys Richmond Heights condo

Wednesday, May 30th, 2007

Michael Gross and his wife, Cathy Fry, bought a two-bedroom, two bath condo in the Hi-Pointe Lofts in Richmond Heights at 6350 Clayton Rd. for $462,000 from Gerald and Katherine Rittenbery on April 18.
Ramona Saunders of Midwest Eagle, Realtors listed the 1,691 square foot condo for $472,000.
Gross is an appellate lawyer and brief writer with [...]

Condo sales are up in Muncie area

Friday, May 11th, 2007

The city is unlikely to replace Florida or Arizona as the next retirement haven, but local real estate experts are tracking an uptick in the sale of condominiums and speculating it might indicate an increasing market for retirement living.
Sales of condos and villas — traditionally thought to appeal to retirees because they don’t have to [...]

Carrier Hotel Alliance Expands With 1102 GRAND

Saturday, April 28th, 2007

The Carrier Hotel Alliance (CHA) announced today that it has expanded its membership to include 1102 GRAND, Kansas City’s largest carrier-neutral interconnection facility. 1102 GRAND will debut its new participation in the CHA suite at the 2007 Global Telecommunications Meeting (GTM) May 21-24 in Washington, DC.
Comprised of representatives from some of the largest network interconnection [...]

American Spectrum Realty Extends Offer to Purchase 485,000 Shares of Hartman Commercial Properties REIT

Wednesday, February 28th, 2007

American Spectrum Realty, Inc. announces that it has extended the tender offer to purchase 4.9% or 485,000 shares of Hartman Commercial Properties REIT to May 31, 2007.
American Spectrum Realty, Inc. cannot determine the financial burden that Hartman Commercial Properties REIT could encounter at this time, due to the uncertainty of the existing litigation between Hartman [...]

Sheraton Chicago Hotel & Towers Celebrates 15 Years of Tremendous Success

Saturday, February 24th, 2007

Since1992, Sheraton Chicago Hotel & Towers has enhanced both business and leisure travel guests’ Windy City experiences with stylish accommodations, diverse dining venues and plentiful, flexible meeting and event space. This year, the hotel celebrates its momentous 15th anniversary. Throughout its 15-year history, Sheraton Chicago Hotel & Towers has undergone many enhancements, including a recent [...]

Inland Real Estate Corporation Declares Cash Distribution on Its Common Stock

Sunday, February 18th, 2007

Inland Real Estate Corporation announced that the Company has declared a cash distribution of $0.08 per share on the outstanding shares of its common stock, payable on March 19, 2007 to common stockholders of record at the close of business on February 28, 2007. Inland Real Estate Corporation has approximately 65 million shares of [...]

Water view, complete with barges

Monday, February 12th, 2007

The newest multibillion-dollar wave of construction on the northern Gulf Coast is along the piney banks of a manmade ditch, protected from the twin threats of storms and high land prices.
With beachfront acreage in ever-shrinking supply and much of the coast still recovering from hurricanes Ivan and Katrina, developers are putting up luxury condominium towers, [...]