Friday, August 23, 2013

Hotel Renovation Business Takes Off




National





Hotel Renovation Business Takes Off



CHICAGO—The recession threw many hotels into foreclosure and now the recovery has their new owners embarking on much-needed restorations.











The Children's Place Will Shrink by 100 Stores



SECAUCUS, NJ-The Children's Place clothing chain will close 100 stores in the next four months and maybe another 70 next year, despite having a good 2nd quarter.











Early End to QE Would Hit Office Hard



LOS ANGELES-Should central banks wind down their quantitative easing programs earlier than currently expected, office rents, and pricing, would suffer in major markets in both the US and Europe, says DTZ.











Hime Joins USAA Real Estate as CFO



SAN ANTONIO-The industry veteran most recently served as CFO of the real estate and infrastructure department at the Abu Dhabi Investment Authority.








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