Posts Tagged ‘Partners LLC’

Industrial condos offer alternative to leasing for small businesses

Tuesday, September 11th, 2007

It’s a commercial building, but it looks like a condominium.
Actually, the two units under construction on Janesville’s north side are industrial condos, and they’re ideal for the small business owner or hobbyists who want to own a building, one of the developers said.
Bill Mears of Coldwell Banker Commercial McGuire Mears & Associates in Janesville [...]

Condo Conversion Underway in City of Fountains

Wednesday, June 6th, 2007

Kansas City — 3838 Partners LLC is converting the Rainbow Tower, an apartment complex in Kansas City, into the Vista Condominiums. The $5-million project is the first-ever high-rise condo conversion in Wyandotte County.
The first phase of the project is slated to be ready for occupancy by July, with the majority of the common areas completed [...]

Hotel Jerome’s next chapter begins

Sunday, May 27th, 2007

Under new ownership, the Hotel Jerome reopened Friday without longtime general manager Tony DiLucia at the helm.
Otherwise, the 92-room historic hotel appeared to be operating under a business-as-usual approach, underscored by a line of thirsty patrons occupying the stools at the J-Bar.
An employee at the Pitkin County Clerk & Recorder’s Office said the sale, which [...]

Saunders buys Connecticut hotel

Tuesday, April 24th, 2007

The Saunders Hotel Group Ltd. announced Monday it has purchased Premiere Hotel and Suites in New Haven, Conn., for $5.5 million.
The Boston-based hotel group acquired the city’s only all-suites, extended stay hotel from LNR Partners Inc. through its investment affiliate, Old Bayside Partners LLC.
In addition to the $5.5 million purchase price, Saunders plans to invest [...]

Northview Hotel Group Acquires Oceanfront Resort Property in the Florida Keys

Saturday, February 24th, 2007

Northview Hotel Group announced today that it has entered into a joint venture partnership with Behringer Harvard and Five Star Realty to acquire Hawk’s Cay Resort in the Florida Keys. Northview will be managing the property and overseeing a $27 million renovation focused on enhancing the resort’s amenities and guest experience.
Renovation plans include completely remodeled [...]

New plan offered for Heartside condo tower

Thursday, February 15th, 2007

A 12-story condominium tower would rise from a blighted lot in downtown’s Heartside Neighborhood under a new plan by a West Michigan development group.
The $14 million, 75-unit project at 240 Ionia Ave. SW is proposed for the same spot where a 10-story hotel-condo-office was announced but never started last year.
This time around, the design has [...]

Big-name real estate companies investing big dollars in retail

Monday, February 12th, 2007

Durham’s burgeoning retail sector is drawing shoppers of a different sort — national real estate firms with deep pockets that are spending tens of millions to buy area shopping centers as investments.
In the last couple of years, big-name companies with billions in assets have spent $100 million to acquire four retail centers in Durham and [...]

Grove Street, Marriott land College Park hotel deal

Monday, January 22nd, 2007

In the shadow of the busiest airport in the world, College Park, Ga., soon will have two new hotels, a five-story class-A office building and 40,000 square feet of retail in a two-phase, multi-million deal with Atlanta-based Grove Street Partners.
The more than $200 million development is part of a master plan the College Park City [...]

Strategic Hotels & Resorts Announces Appointment of William Prezant to Chairman of Board of Directors

Thursday, January 11th, 2007

Strategic Hotels & Resorts, Inc. announced the appointment of William A. Prezant to Chairman of the company’s Board of Directors. Mr. Prezant, a current Director, also has been appointed Chairman of the company’s Corporate Governance and Nominating Committee.
Mr. Prezant, 60, is a Partner in the law firm of Prezant & Mollath and practices in [...]

Cathedral condo plan at a standstill

Monday, January 1st, 2007

ST. PETERSBURG - Redevelopment plans for St. Peter’s Episcopal Cathedral, which had called for a 22-story condo tower with a six-level garage in the city’s downtown, remain stalled.
In July, the cathedral at 140 Fourth St. N began rethinking the project in the face of climbing interest rates, a slowing real estate market and soaring construction [...]

Condo conference draws protest

Saturday, July 15th, 2006

Escalating the battle over the growing number of Los Angeles condo conversions, affordable housing advocates protested outside a real estate conference Thursday and called for a moratorium on conversions.
The rally outside the two-day West Coast Condo Conversion Conference in Century City comes as Los Angeles city officials consider new rules to limit the conversion or [...]


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