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REAL ESTATE CHANNEL is a Global "Internet-Based" News Network located in NBC Universal Studios (Orlando, Fl) that covers residential, commercial and vacation-leisure real estate news, trends and events on a worldwide basis. Visit us online at (www.RealEstateChannel.com) to learn more.
RECENT BLOG POSTS
(STOCKHOLM, SWEDEN) Choice Hotels Scandinavia Buys 2 Rivals to Emerge as Stockholm's Top Dog(STOCKHOLM, SWEDEN) -- Choice Hotels Scandinavia is not shy on its near-future growth plans.  The chain aims to continue being the top lodging organization in Scandinavia through new acquisitions.With its ...
06/29/2009
(HONG KONG, CHINA) The Hongkong and Shanghai Hotels Ltd. Subsidiary Lands $1.2 B Credit Facility(HONG KONG, CHINA) -- Is the lending spigot at last opening all the way for international hotel owners?  In Hong Kong today, the signs are evident they are.The Hongkong and Shanghai Hotels, Limited (HS...
06/29/2009
(LONDON, UK & HENDERSONVILLE, TN) STR Reports Worldwide Hotel Performance Results For May 2009(LONDON, UK & HENDERSONVILLE, TN) -- The Americas region recorded declines in all three key performance metrics when reported in U.S. dollars for May 2009, ... READ FULL STORY HERE: (www.RealEstateChanne...
06/29/2009
(IRVINE, CA) California Hotel Defaults Jump 125% in Last 60 Days(IRVINE, CA) -- The bells are tolling for financially strapped California hotels. Hotel loans originated in California from 2005 to 2007 are coming due this year and the borrowers are stuck.  They can't repay the loans.The number of ...
06/29/2009
(IRVING, TX) Cobalt Capital Partners Acquires 1.7M SF Atlanta Industrial Portfolio(IRVING, TX) -- Cobalt Capital Partners, L.P., through its Cobalt Industrial REIT II affiliate, has acquired the 1.7 million square foot, nine building Shawnee Ridge Industrial Portfolio in Atlanta, Georgia.The sell...
06/26/2009
(STOCKHOLM) Skanska Signs $220M Contract as Construction Manager for $400M Nemours Children's Hospital in Orlando, FL(STOCKHOLM) -- Skanska USA has signed a $220 million contract to build a $400 million Nemours Children's Hospital on a 60-acre greenfield site in Orlando's Lake Nona medical city n...
06/26/2009
(WHITE PLAINS, NY)  244-Room Four Points by Sheraton Debuts in Times Square (WHITE PLAINS, NY) -- Times Square today welcomed another prime lodging landmark - the 244-room Four Points by Sheraton Midtown hotel.The property, on 40th Street in the heart of New York City's Broadway theater district,...
06/26/2009
  (CHICAGO, IL)    Tim Hortons Repeats as Top Canadian Restaurant Chain, Ahead of McDonald's and Subway(CHICAGO, IL) -- Tim Hortons (NYSE and TSX (THI),  founded by the late National Hockey League star defenceman Tim Horton in 1964, once again is ranked as the top fast-food restaurant chain, ahea...
06/26/2009
(WASHINGTON, D.C.) Lexington Earns Ambassador City Designation for Helping Elderly, Disabled Keep Their Homes(WASHINGTON, D.C.) -- The National Association of Realtors and the U.S. Conference of Mayors have named Lexington, Ky., a 2009 Ambassador City for the success of two homeownership programs...
06/26/2009
Red Hot Chili Peppers Bass Guitarist Lists Malibu Home for $13.6 MillionFlea, the bass guitarist with the Red Hot Chili Peppers, has listed his home on a Malibu bluff at slightly more than $13.6 million.Flea at Lakers-Rockets game The rocker, also known as Michael Balzary, plans to move to a... R...
06/26/2009
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REAL ESTATE CHANNEL is a Global "Internet-Based" News Network located in NBC Universal Studios (Orlando, Fl) that covers residential, commercial and vacation-leisure real estate news, trends and events on a worldwide basis. Visit us online at (www.RealEstateChannel.com) to learn more.