Posted by John Willsen on July 20, 2011
Mid-Market’s geographic boundaries seem to be miraculously expanding.
After decades of false starts and unfulfilled promises, the hard-luck neighborhood is finally on the cusp of true revitalization. And becoming fashionable.
In April Shorenstein Properties Shorenstein Properties Latest from The Business Journals Large S.F. tenants are harder to findMore hot deals ahead for simmering SoMa marketAlexandria jumps back into San Francisco’s Mission Bay Follow this company announced it had bought Market Square and will pump $80 million into the art deco building to prepare for Twitter’s headquarters relocation. The
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Posted by Bruce Tipson on July 20, 2011
Ryan Companies US, Inc. has announced plans to develop and construct Thomas Place Gurnee, a 100-unit affordable senior apartment community. The $25.4 million development is the third project in Chicago’s northern suburbs Ryan has created with its joint venture development partner, Jim Bergman.
Thomas Place Gurnee, an age-restricted community, will be located on a 12-acre site on the east side of Hunt Club Road, just north of Washington Avenue, in Gurnee, Ill. Construction started July 5th and will be complete and ready for occupancy in Spring 2012.
The two-story development will feature 33 one-bedroom, one-bathroom units, each with 784 square feet, and 67 two-bedroom, two-bathroom units, each with 1,033 square feet. Ap
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Posted by John Willsen on July 19, 2011
According to London-based STR Global’s Annual Profitability Survey 2011, gross operating profit per available room (GOPPAR) rose in Asia/Pacific, Europe and Latin America whilst falling in the Middle East.
The survey, in its 13th year, contains detailed data on hotel revenues and costs showing the dynamic evolution of the sector by city, country and region.
“As a strategic tool, the Annual Profitability Survey helps all stakeholders analyze markets, benchmark, budget, optimize revenues and produce feasibility studies”, said Elizabeth Randall, managing director of STR Global.
Data presented includes that collected on room, food and beverage, other operational revenues and costs. Read all post…
Posted by John Willsen on July 19, 2011
Designed by Archipelago Hawaii and built by Mokulua Woodworking Ltd., the Arakawa family home in Kaneohe is being called Hawaii’s greenest.
It took Archipelago Hawaii four months to design the two-story home. Deconstruction of the original one-story, 1,500-square-foot home on the 11,509-square-foot lot began in February, and Mokulua completed the project earlier this summer. R
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