CARMEL, CA-LXR Luxury Resorts and Hotels will invest $60 million to renovate the retreat and sell off the 144 guest rooms. The gross sell-out value could hit $175 million.
SUNNYVALE, CA-The city council here signs off on the sale of its largely shuttered Downtown mall to Sand Hill Property Co. and Rreef, which plan to complete a long-awaited redevelopment.
LAS VEGAS-Three of the nine companies in the index posted strong increases in their average daily rate in January, pushing the index over 500 for the first time.
SURFERS PARADISE, QUEENSLAND-A joint venture that includes the Raptis Group pays US $54.7 million for the Gold Coast International Hotel here and adjoining land.
SURFERS PARADISE, QUEENSLAND-A joint venture that includes the Raptis Group pays US $54.7 million for the Gold Coast International Hotel here and adjoining land.
BIRMINGHAM, ENGLAND-The supermarket chain taps Denver-based ProLogis to build it a distribution facility that will use less energy and emit less carbon than most.
BIRMINGHAM, ENGLAND-The supermarket chain taps Denver-based ProLogis to build it a distribution facility that will use less energy and emit less carbon than most.
HENDERSON, NV-A local judge puts Southwest Exchange into receivership after it suspends operations without reimbursing investors. GlobeSt.com talks to the employee who called the FBI.
HENDERSON, NV-A local judge puts Southwest Exchange into receivership after it suspends operations without reimbursing investors. GlobeSt.com talks to the employee who called the FBI.
TEL AVIV-Israel Financial Levers Ltd. agrees to acquire the 646,000-sf Arena shopping and entertainment center at the Herzlia Marina here from a subsidiary of publicly held Elbit Medical Imaging Ltd.