Across California, thousands of mobile home owners are confronting the question of whether to buy their lots. An estimated 30 California parks have begun owner-initiated conversions, and supporters and critics of the process say scores of California’s 4,822 mobile home parks could soon take the same step.
Park owners call the “condo-conversion” process a win-win situation [...]
PARIS - Carrefour, the European answer to Wal-Mart and the world’s second-largest retailer, is in play.
It is a classic story, involving generational tensions, a senior executive summarily dismissed and pressure from powerful investors hunting for profit. But it is also a very French story because the value of the treasure at the tale’s core — [...]
For Sunday Lewandowski, making ends meet requires sharing a two-bedroom apartment with a roommate. Even so, the Miami Beach Senior High English teacher says about half her monthly income goes to rent.
While owners of homesteaded property may cheer the elimination of the property tax, Florida’s roughly 5.4 million renters are among those who could be [...]
A condominium project near Douglas and Hillside will drive the renovation of an area that has slowly gone downhill, say residents and business owners.
The Wichita City Council on Tuesday approved the more than $50 million project at Victor and Rutan. Developers plan 160 condominiums in brownstone townhouses and a 12- to 14-floor tower.
The units will [...]
Rayonier reported fourth quarter income from continuing operations of $50.0 million, or 64 cents per share. This compares to $55.0 million, or 70 cents per share, in the third quarter and $56.4 million, or 73 cents per share, in fourth quarter 2005. Full-year 2006 income from continuing operations was $171.1 million, or $2.19 per [...]
CNL Hotel & Resorts Inc., the nation’s second-largest hotel real estate investment trust, said Friday it agreed to a takeover offer from Morgan Stanley Real Estate valued at about $3.13 billion.
Morgan Stanley will receive a portfolio of eight luxury properties, including the Grand Wailea Resort Hotel & Spa in Wailea, Hawaii; The Ritz-Carlton Orlando and [...]
Sunstone Hotel Investors, Inc. announced that Steven Goldman has been appointed Chief Executive Officer of Sunstone Hotel Investors, Inc., effective March 19, 2007. Robert A. Alter will remain as an executive officer during the course of 2007 until his transition to Chairman of the Board. Lew Wolff will remain Co-Chairman.
“Sunstone has experienced significant growth over [...]
At its opening, the hotel on Constitution Plaza in downtown Hartford was described as almost too luxurious for the city.
Today, its owner is marketing the vacant, decaying structure as worth $10 million - but there are no takers. Hartford’s mayor says the building should be torn down.
The 12-story hotel, empty for a dozen years, has [...]
