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Nashville

CRE Worldwide Posted on July 20, 2019 by Ramin SeddiqJuly 20, 2019

According to a Reuters analysis of federal data, of the 378 metropolitan areas ranked by the change in their share of national employment from 2010 to 2017, 40 percent of the new jobs generated during that time (along with a … Continue reading →

Posted in US CRE | Tagged Development, Economy, Government, Hospitality, Hotels, Taxes

Discrimination in the Sharing Economy

CRE Worldwide Posted on February 18, 2019 by Ramin SeddiqFebruary 18, 2019

Airbnb guests with “African American-sounding names” are 16 percent less likely to be accepted by hosts than guests with “white-sounding names”, according to an article in the Harvard Business Review (referencing a study published in American Economic Journal). A study … Continue reading →

Posted in US CRE | Tagged Demographics, Economy, Hospitality

Midtown Grand Hyatt to Be Redeveloped

CRE Worldwide Posted on February 9, 2019 by Ramin SeddiqFebruary 9, 2019

TF Cornerstone and MSD Partners LP intend to replace the Grand Hyatt building in Midtown East with a two million square foot mixed use tower which would house retail, office and a new Hyatt hotel. Developed by Donald Trump in … Continue reading →

Posted in US CRE | Tagged Development, Hospitality, Hotels, New York

Airbnb in Canada

CRE Worldwide Posted on August 9, 2017 by Ramin SeddiqAugust 9, 2017

According to a new study by McGill University, Airbnb hosts in Canada’s three largest cities earned a total of $430 million in 2016, a 55 percent increase from 2015. The top ten percent of hosts earned a majority of the … Continue reading →

Posted in International CRE | Tagged Economy, Hospitality, Hotels, Housing Market, Technology

easyHotel Plans to Expand Further into Asia

CRE Worldwide Posted on July 17, 2017 by Ramin SeddiqJuly 17, 2017

UK-based easyHotel plans to expand into Iran and Sri Lanka with 500 rooms and 200 rooms respectively, according to Business Every free viagra no prescription hop over to this link married couples dream about happy married life. An amino acid … Continue reading →

Posted in International CRE | Tagged Asia, Europe, Hospitality, Hotels, UK

MGM National Harbor Leads Among Maryland Casinos

CRE Worldwide Posted on July 14, 2017 by Ramin SeddiqJuly 14, 2017

MGM National Harbor, which opened just outside of Washington DC last December, topped $50 million in monthly revenue for three of the past four months, according to CalvinAyre.com. The $1.4 billion property generated about $51.2 million in March, $50.5 million … Continue reading →

Posted in Metro DC CRE | Tagged Hospitality, Hotels, Taxes

Wilshire Grand Center

CRE Worldwide Posted on June 24, 2017 by Ramin SeddiqJune 24, 2017

At 1,100 feet, the Wilshire Grand Center is the tallest building west of the Mississippi River and the 9th tallest building in the United States, according to The Skyscraper Center. Owned by Seoul-based Hanjin Group (which is also the holding … Continue reading →

Posted in US CRE | Tagged Construction, Development, Hospitality, Office, Retail

Marriott Selects Bethesda for New HQ Location

CRE Worldwide Posted on January 22, 2017 by Ramin SeddiqJanuary 22, 2017

Marriott, the world’s largest hotel firm, has signed a letter of intent to lease space at 7750 Wisconsin Avenue for its headquarters where about 3,500 employees are expected to work. The planned development by Boston Properties and Bernstein Cos. is … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hospitality, Hotels, Leasing, Office, Taxes

Trump Hotel Lease Provision May Present Dilemma After Jan. 20

CRE Worldwide Posted on December 14, 2016 by Ramin SeddiqDecember 14, 2016

The Trump International Hotel’s 60-year lease of the Old Post Office Building with General Services Administration (GSA) states that no “elected official of the Government of the United States” shall be “admitted to any share or part of this Lease.” … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Hospitality, Investments, Legal

MGM Eyeing Japan Gaming Market

CRE Worldwide Posted on October 31, 2016 by Ramin SeddiqOctober 31, 2016

If gaming is legalized in Japan, MGM Resorts International would invest up to $10 billion on an integrated resort (casino, hotel, shopping and conference space) in Tokyo, Yokohama or Osaka, according to Reuters So, it is recommended not to buy … Continue reading →

Posted in International CRE | Tagged Asia, Government, Hospitality, Investments, REITs

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