With Tokyo and Osaka both facing increased demand and limited supply, Chinese investors are seeking new opportunities.

Both properties will be located adjacent to the Live! Casino in Hanover, Md.

The hotel is located close to the Convention Center and to tourist attractions, boosting its appeal for business and leisure guests.

The companies join forces to identify and purchase hotel properties in Permian Basin.

The net proceeds from the sale will be used for general corporate purposes and for future acquisitions of hotels that meet Condor’s new investment strategy.

Marriott and Starwood are now able to proceed with closing the transaction, and expect the deal to be completed before the market opens on September 23.

The “weight” of domestic and international capital seeking yield-based property investment avenues was a “compelling factor” for the sale.

A $3.3-million update to the 147-room property is scheduled to start immediately.

Loans that are coming due are not causing much stress for lenders or borrowers, but several factors threaten to increase the cost of CMBS refinancing.

This election cycle could be playing mind games on you. Is it?