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Hotels

CB RICHARD ELLIS HOTELS SELLS DAYS INN AIRPORT IN STRONG DFW AIRPORT MARKET –...

Irving, TX - June 16, 2010 - (RealEstateRama) -- The Days Inn & Suites DFW North, Irving Texas has been sold. Bert Stevens of CB Richard Ellis’ Hotels Group, announced that the sale of the 134-unit, rooms-and-suites hotel property occurred mid-May of this year. The Hotel, built in 1983, was marketed at a price of $4.3M, or approximately $32,000 per unit. Its proximity to Dallas/Fort Worth International Airport (DFW) as well as the multiple business and corporate demand generators in the area helped to generate interest on a national level from a large investor base. The new owners, Ambe Hotels, will retain the Days Inn & Suites flag and will spend over $750,000 in upgrades and renovations that will provide opportunities for an increased market share

CB RICHARD ELLIS HOTELS SELLS FULL SERVICE COLORADO HOTEL RADISSON DENVER NORTH – THORNTON,...

Houston, TX - October 7, 2009 - (RealEstateRama) -- The Radisson Denver North, Colorado, Texas has been sold. Lisa Hankamer of CB Richard Ellis' Hotels Group, announced that the sale of the 133-unit, interior corridor property occurred at the end of September 2009. The Hotel, which is a local landmark, has great visibility along I-25, just 10 minutes north of Downtown Denver and was sold free-and-clear of management and franchise affiliation. The new owners, Stone Castle Corporation, has over 20 year's experience operating hotels in the state of Colorado and have a proven track record for repositioning hotels within their respective market arenas. Approximately $6 million will be spent on upgrading the facility and rebranding. The group has a history operating under most of the major brands and has been quite successful in capturing a broader market base through their repositioning.

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Benefits of Hiring an Accident Attorney

The Benefits of Hiring an Accident Attorney

Road accidents are more common that one might think. Did you know that according to Texas Department of Transportation, 1 crash occurs every 59 seconds in Texas? In the unfortunate situation of a road crash, your injuries are not the only thing you need to worry about.