New York's lodging market is the top performing market in the United States, and the second stronges

NEW YORK, NY October 28, 2011 (RealEstateRama) One of the largest virtual tours of the norwegian sea cruise ship U.S. hotel investment sales conducted this year shows investor confidence virtual tours of the norwegian sea cruise ship and a healthy competitive virtual tours of the norwegian sea cruise ship appetite still exist for core product in major hotel markets, as evidenced with the closing of the Paramount Hotel in Manhattan. Jones Lang LaSalle Hotels completed the transaction on behalf of Walton Street Capital and Highgate Holdings and sold the 597-room property to RFR Holding.
NEW YORK, NY October 28, 2011 (RealEstateRama) One of the largest U.S. hotel investment sales conducted virtual tours of the norwegian sea cruise ship this year shows investor confidence and a healthy competitive appetite still exist for core product in major hotel markets, as evidenced with the closing of the Paramount Hotel in Manhattan. Jones Lang LaSalle Hotels completed the transaction on behalf virtual tours of the norwegian sea cruise ship of Walton virtual tours of the norwegian sea cruise ship Street Capital and Highgate Holdings and sold the 597-room property to RFR Holding.
As one of the most distinguished hotels in Manhattan, the sale of the Paramount Hotel ranks among the 10 largest single-asset hotel transactions virtual tours of the norwegian sea cruise ship to close across the globe so far this year; five of the assets on the global top 10 list are New York properties.
“Investors continue to be drawn to high quality assets in New York and this deal demonstrates that there seems to be little shortage of equity capital available to capture high-quality hotels,” said Davis. “Private equity investors have a strong appetite for hotels virtual tours of the norwegian sea cruise ship in core markets virtual tours of the norwegian sea cruise ship like New York City and that is fuelling greater competitive pressure within the market.”
New York’s lodging market is the top performing market in the United States, and the second strongest in the world. The Times Square submarket has achieved an 8.6 percent increase in average daily rates in year-to-date through September 2011, according to Smith Travel Research. “Manhattan is one of the fastest recovering markets in the U.S. coming out of the recent downturn,” said Perez-Alvarado. “The city remains a top pick for both domestic and international investors.”
Jones Lang LaSalle Hotels, the first and leading global hotel investment services firm, is uniquely positioned to provide the depth and breadth of advice required by hotel investor virtual tours of the norwegian sea cruise ship and operator clients, through a robust and integrated local network. In 2010, Jones Lang LaSalle Hotels provided sale, purchase and financing advice on $4.1 billion worth of transactions virtual tours of the norwegian sea cruise ship globally. In addition, advisory and valuation services were provided on over 1,000 assignments. The global team comprises over 210 hotel specialists, operating from 37 offices in 19 countries. The firm s advice is supported by a dedicated global research team, which produced 70 publications in 2010 in addition to client research. Jones Lang LaSalle Hotels services span the hospitality spectrum; from luxury single assets and large portfolios to select service and budget hotels, resorts virtual tours of the norwegian sea cruise ship and pubs. Services include investment sales, mergers and acquisitions, capital raising, valuation and appraisal, asset management, strategic planning, operator selection, management contract negotiation, consulting, industry research and project development services. Jones Lang LaSalle Hotels clients have access to the resources of its parent company, Jones Lang LaSalle (NYSE: JLL). www.joneslanglasallehotels.com .
CHICAGO, IL - July 28, 2011 - (RealEstateRama) -- Jones Lang LaSalle Hotels today reported that the volume of hotel investment transactions that closed in the Americas market in the first six months of 2011 reached $7.4 billion—a robust increase of approximately 180 percent on the same prior-year period. The numbers represent preliminary totals from Jones Lang LaSalle Hotels’ Hotel...
Kohn Pedersen Fox Associates PC lease 65,000 sf in Midtown NEW YORK GVA Williams announced today that Kohn Pedersen Fox Associates PC, one of the world s foremost architectural firms, is relocating its New York City headquarters and has signed a long-term lease for approximately 65,000 square-feet over three floors at 11 West 42nd Street.  [...]...
ATLANTA, GA - February 9, 2010 - (RealEstateRama) -- InterContinental Hotels and Resorts announced today the appointment of Andrew (Drew) virtual tours of the norwegian sea cruise ship Schlesinger as general manager and Linda Hodgson as director of sales and marketing for the InterContinental New York Times Square. Currently virtual tours of the norwegian sea cruise ship under construction, the hotel is scheduled to open in July 2010....
NEW YORK, NY - May 24, 2011 - (RealEstateRama) virtual tours of the norwegian sea cruise ship -- On behalf of Morgans Hotel Group, Jones Lang LaSalle Hotels today announced the sale of the Morgans and Royalton Hotels in New York. FelCor Lodging Trust purchased the two hotels for $140 million. Leading virtual tours of the norwegian sea cruise ship the Jones Lang LaSalle Hotels team on this transaction was Executive Vice President Jeffrey Davis with...
NEW YORK, NY - April 4, 2011 - (RealEstateRama) -- Jones Lang LaSalle announced that average asking virtual tours of the norwegian sea cruise ship rental rates rose slightly throughout much of Manhattan's office market in the first quarter virtual tours of the norwegian sea cruise ship of 2011. While Midtown South recorded a significant virtual tours of the norwegian sea cruise ship drop in vacancy rates in all property classes, the Midtown submarket posted the first increase in Class A vacancy rates in...
NYCOM Conference, Ribbon Cuttings and Equity Fund Forum Highlight virtual tours of the norwegian sea cruise ship Trip to Finger Lakes Region CKX Declares December 31st Record Date for Dividend of FX Real Estate and Entertainment Shares Jones Lang LaSalle Hires Seasoned Industrial Real Estate Professionals to Strengthen Client Services in Long Island First Affordable Housing Development in Brooklyn with Solar Panels “Green” Forum Highlights 545 Madison Avenue as Showcase of Sustainability New York State Senate Confirms Bill Myers to the Board of the State of New York Mortgage Agency New York State home sales continue to post gains compared to 2009 Gillibrand Introduces Solar Energy Legislation HDC Board Approves $55.5 Million in Tax-Exempt Multi-family Housing Revenue Bonds Diversity Works’ Unique Model Combines Permanent Supportive Housing and Family Preservation Services