CharterMac, announced that Robert J. Dolan was elected to serve as a member of the Board of Trustees of the Company. Mr. Dolan is replacing Andrew Farkas, who stepped down from his position on the Board due to time constraints from his other business ventures, and will serve the balance of Mr. Farkas’ term as [...]

Sunstone Hotel Investors, Inc. announced that it has closed on the completed the sale of the 170 room Holiday Inn Express located in Rochester, Minnesota for gross sale proceeds of $5.25 million. The property was sold on a 10.5x EBITDA multiple based on Sunstone’s full-year 2006 projections .
About Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. [...]

A blimp will be hovering over Buffalo’s Gates Circle today, taking photos of the surrounding neighborhood to aid in the design of a proposed condominium tower.
Uniland Development Co. of Amherst has hired Rochester-based Stratus Imaging to provide “blimpography” for its effort to develop a 15-to-20-story residential building on the site of the Park Lane restaurant [...]

The creator of Corn Flakes no longer rents rooms.
McCamly Plaza Hotel, owned by Kellogg Co. since 1983, now is the property of Grand Heritage Hotel Group LLC of Portland, Ore.
The downtown Battle Creek hotel changed hands Tuesday, according to Grand Heritage spokesman Larry Jones. He said Grand Heritage’s management staff took over in May, and [...]

David Bowens has endured the smell of slaughterhouses, inhabited cramped dormitory rooms with a teammate and slept on beds so uncomfortable he ultimately dozed on the floor instead.
This is why the defensive end recently expressed gratitude for his temporary accommodations at the Renaissance Fort Lauderdale-Plantation Hotel during Dolphins training camp.
“We’ve got it good [...]

Plans for a new hotel on Panorama Trail are moving forward after years of delays.
Ground work has started on a six-story Hilton Garden Inn, north of the ramp onto Route 441. The hotel is expected to be completed by the end of summer 2007, nearly 10 years after the project was originally proposed.
Plans for the [...]

Plans for a new hotel on Panorama Trail are moving forward after years of delays.
Ground work has started on a six-story Hilton Garden Inn, north of the westbound ramp onto Route 441. The hotel is expected to be completed by the end of summer 2007, nearly 10 years after the project was originally proposed.
The plans [...]