Lakewood’s elected leaders this week clamped down on new gas stations and car washes opening up in the city, passing an ordinance that establishes buffers to limit eligible sites for new operations. The vote during the City Council’s Monday meeting was 9-0. Lakewood’s move comes ahead of a similar effort by the Denver City Council, … Read more
CHARLESTON, S.C., Jan. 17, 2025 /PRNewswire/ — Breakwater’s Weekly Hospitality and CRE Report surpasses 4,000 individuals throughout the industry’s top hospitality owners, investors, lenders, operators, and consultants across the United States and abroad. Created in 2024, the objective for the newsletter was to ensure major hospitality and travel news and trends covered in over 70 … Read more
New Delhi: Foreign investors dominated institutional investments in the real estate sector in India with 54 per cent share in 2024, accounting for $3.7 billion, according to a report on Wednesday. Despite a reduction in share, investments increased by 36 per cent in value terms, according to a Vestian Research report. Domestic investors followed the … Read more
PARIS — As the race for prime Parisian real estate heats up, luxury giant Kering and private equity firm Ardian have signed a binding agreement to create a joint venture of prime real estate assets. Kering will transfer three of its prestigious addresses to the new entity. The deal is valued at 837 million euros, … Read more
Last Updated:January 13, 2025, 15:48 IST Indian benchmark equity indices, the BSE Sensex and Nifty50, opened sharply lower on Monday due to growing global concerns. Stock Market Crash Benchmark equity indices, BSE Sensex and NSE Nifty50, closed lower on the first trading session of the week, each declining by more than 1 per cent. The … Read more
The owners of a run-down and long-vacant hotel dubbed the “black hole of Times Square” are allegedly hundreds of millions of dollars behind on loans linked to the property — and their lenders are seeing red. Joseph and Meyer Chetrit were reportedly sued by Mack Real Estate Credit Strategies for failing to pay $223 million … Read more
AUSTIN, Texas, Jan. 9, 2025 /PRNewswire/ — Summit Hotel Properties, Inc. (NYSE: INN) (the “Company”) today announced that it will report financial results for the fourth quarter and full year of 2024 on Monday, February 24, 2025, after the market closes. The Company will conduct its quarterly conference call on Tuesday, February 25, 2025, at … Read more
After decades serving up food, drinks and dancing in the National Western Center’s Livestock Exchange Building, the Denver Stockyard Saloon will close its doors in April after a clash between the restaurant and building owners over renovation plans. Saloon owner and manager Dean Maus announced the closure in a Facebook post and confirmed the news … Read more
A Los Angeles county millionaire real estate developer who complained about property taxes, which fund the county’s Fire District, was lambasted for offering to pay “private firefighters” to protect his home while neighbors’ houses burned. “Does anyone have access to private firefighters to protect our home in Pacific Palisades? Need to act fast here. All … Read more
A proposal to pave the way for denser housing types across what have long been traditional single-family suburban neighborhoods in Littleton has hit a hard roadblock, with the City Council voting to postpone consideration of the measure indefinitely. Tuesday night’s vote to set aside the proposed amendment to the city’s land use code was 6-1, … Read more
