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What We're Reading

  • Mar-20, 2015

    Arlington, Texas, in talks to land MGM Grand hotel

    Fort Worth Star-Telegram

    The City of Arlington has entered “serious negotiations” with a developer to bring an MGM Grand-operated hotel to Arlington’s entertainment district.

  • Mar-24, 2015

    Centerbridge to Acquire Great Wolf From Apollo for $1.35 Billion

    Bloomberg News

    Centerbridge Partners, the $25 billion investment firm, agreed to buy water park operator Great Wolf Resorts Inc. from Apollo Global Management LLC.

  • Mar-20, 2015

    Hard Rock Hotel eyes downtown Nashville

    Nashville Business Journal

    A group of real estate investors is under contract to buy land in the SoBro part of downtown Nashville — a location where a Hard Rock Hotel might be built.

  • Mar-06, 2015

    Sam Nazarian's company cut from downtown L.A. development

    Los Angeles Times

    The developer of a massive downtown Los Angeles retail and entertainment complex has cut ties with a company founded by Sam Nazarian, the nightclub mogul whose drug use and past ties to convicted felons came to light during a recent gaming license investigation.

  • Feb-04, 2015

    City Council approves new Judge Doyle Square RFP

    Wisconsin State Journal

    The council unanimously approved a new request for proposals for the massive Judge Doyle Square project, which would remake the two blocks that now hold the landmark Madison Municipal Building and aging Government East parking garage.

  • Dec-30, 2014

    Chinese investors buy Miami site for $74.7 million

    Miami Herald

    An affiliate of China Communications Construction Company U.S. International purchased a block-size site in the red-hot Brickell neighborhood for $74.7 million, in its first major bet on Miami.

  • Dec-16, 2014

    InterContinental Hotels to Buy Kimpton for $430 Million

    Bloomberg News

    InterContinental Hotels Group Plc, owner of the Holiday Inn and Crowne Plaza brands, agreed to buy Kimpton Hotels & Restaurants for $430 million, gaining a boutique chain with high-end properties in cities across the U.S.

  • Dec-10, 2014

    Hilton Said in Talks for Four Hotels to Defer Waldorf Tax

    Bloomberg News

    Hilton Worldwide Holdings Inc. is in talks to buy four properties from Blackstone Group LP and other owners to defer tax payments from its $1.95 billion sale of New York’s Waldorf Astoria hotel, according to two people with knowledge of the talks.

  • Dec-03, 2014

    Judge Approves Sale of Canyon Ranch Hotel to Z Capital Partners

    The Wall Street Journal

    A judge approved private-equity fund manager Z Capital Partners’ purchase of the Canyon Ranch Hotel & Spa in Miami Beach, which a Lehman Brothers affiliate put into bankruptcy protection earlier this year.

  • Oct-08, 2014

    Morgans to sell off Hudson and Delano hotels

    New York Post

    Morgans Hotel Group in recent weeks has started a formal sales process for the 928-room Hudson Hotel on Columbus Circle and is hoping to fetch a nifty $500 million for the Ian Schrager-developed property, The Post has learned.

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