Content related to ‘hotels’
iFunding, a New York City-based commercial real estate crowdfunding platform, announced it has repaid its largest commercial loan to date for an investment in a $55 million construction project for two Courtyard Marriott hotels and an office building located in Stamford, CT. The deal offered participants an opportunity to investment with a $1 million mezzanine loan alongside a Forbes 50 Family Office. The real estate loan was repaid ahead of schedule. “iFunding takes pride in offering its investors opportunities to participate in large commercial projects,” said William Skelley, iFunding founder and CEO. “By partnering with highly regarded organizations in the real estate industry, we are able to deliver the best investments for our investors.” This was iFunding’s second project in conjuncture with the family office, which has brought five deals to the iFunding real estate crowdfunding platform. Seaboard Properties was also involved as the project sponsor for the $55 million project. That firm owns and manages a portfolio of diverse commercial and residential properties. Related articles across the web Other posts by Anne Cosgrove
The program provides hospitality facility professionals with a means to evaluate and demonstrate the safety of its water systems and food service operations.
The Crowne Plaza Times Square hotel recouped more than 25% of its investment in a lighting upgrade.
The Providence Group, LLC provides consulting services to hotels with the aim of stabilizing operations and ensuring optimal value of the facility.
Guests at Treehotel, which offers rooms incorporated into their natural surroundings, may need more than the most accurate satellite system to find their rooms in the sky.
In northern Sweden, travelers will be able to escape to the trees later this year.
The eco-conscious Ritz-Carlton, Charlotte, designed to achieve LEED® Gold certification and provide a slate of new conveniences for frequent travelers, is now open in the heart of Charlotte’s thriving uptown district.
Through a program from Efficiency Vermont, the Holiday Inn Express in Brattleboro, VT retrofitted its parking lot and access road with LED luminaires.
A recently released report by J.D. Power and Associates, the 2009 North America Hotel Guest Satisfaction Index Study, showed, among other things, that green hotels made great strides in awareness, guest satisfaction, and participation in sustainable programs since the previous reporting period in 2008.