Scott Carson’s Post

#cleveland ranks 6th as far as highest percentage of #cre in #default across all #commercialproperty at 16%. #noteinvesting #apartments #selfstorage #hotels #office #realestate #clevelandcre #clevelandrealestate #clevelandapartments #commercialrealestate #realestateinvesting #crediq

#albany ranks 7th as far as highest percentage of #cre in #default across all #commercialproperty at 13.7% #noteinvesting #apartments #selfstorage #hotels #office #realestate #albanyrealestate #albanyny #albanycre #commercialrealestate #realestateinvesting #crediq

#chicago ranks 9th as far as highest percentage of #cre in #default across all #commercialproperty. #noteinvesting #apartments #selfstorage #hotels #office #realestate #chicagorealestate #chicagocre #commercialrealestate #realestateinvesting #crediq

#philadelphia ranks 10th as far as percentage of #cre in #default across all #commercialproperty. #noteinvesting #apartments #selfstorage #hotels #office #realestate #philadelphiarealestate #commercialrealestate #realestateinvesting #crediq

Minor Hotels expands Australasian Portfolio with landmark Queen’s Wharf Residences Minor Hotels has further expanded its Australasian portfolio, announcing the signing of the management letting rights for the landmark Queens Wharf Residences development from early 2025. “Highly sought-after, Queen’s Wharf Residences has become Queensland’s fastest selling development, offering more than just a place to stay, but an unprecedented benchmark in urban tourism for Brisbane.” Commented Lauren Sheldon, Head of Sales and Marketing Australia for property developer Far East Consortium Australia. “We are excited to add such a landmark Brisbane development to our portfolio, offering a product unlike anything the city has seen before with respect to size and scale, and proximity to Brisbane CBD’s most exciting dining and entertainment precinct.”  Commented Craig Hooley, Chief Operating Officer for Minor Hotels Australasia. Read more on The Hotel Conversation - https://lnkd.in/gS7-ydj9 William Heinecke Dillip Rajakarier Ian Di Tullio PhD Kosin Chantikul Minor Hotels Tina Watkins Brett Hohn Judd Rabbidge Laurean Sahilices Jodi Linnett Van Ngo #minorhotel #hotelportfolio #hotels #australasianportfolio #brisbanehotels #brisbane #hospitality #hotelnews #hoteliers

🌟 **Opportunity Alert: Acquiring Prime Serviced Apartments & Hotel Assets in Central London** 🌟 Looking for a lucrative investment in one of the world’s most sought-after markets? Central London’s serviced apartment and hotel sector is booming, and there’s an exciting chance to acquire prime assets in this thriving market—with the added benefit of having Chic Captial as your lease partner. Urban Chic, a leader in premium short- and long-term stays, offers the expertise to ensure your property is managed to the highest standards, maximising occupancy rates and delivering exceptional guest experiences. Their established brand and track record in central London mean: 🏙️ **Stable Revenue Streams**: With Urban Chic operational excellence, your assets benefit from consistent income, minimizing risk while optimizing profitability.   ✨ **High Occupancy Rates**: Their commitment to quality and tailored guest experiences means they consistently attract both leisure and corporate clients. 📈 **Proven Growth Potential**: As travel and tourism rebound, Urban Chic is strategically positioned to help you capitalize on London’s recovering demand. If you’re looking for a smart investment that combines prime location, expert management, and strong returns, now is the time to explore this opportunity. Let's connect to discuss further! #RealEstateInvestment #LondonProperty #ServicedApartments #Hotels #UrbanChic #InvestmentOpportunity #CentralLondon

Corporate housing is an all-inclusive furnished living space. It includes many amenities and personalization options, whereas hotels tack on additional charges. 😎 . . . #CorporateHousing #AffordableSolution #corporatehousing #relocation #corporaterentals #corporaterelocation #relocationservices #corporatehousinglife #temphousing #nationalcorporatehousing #longtermstay

📣 𝐂𝐫𝐢𝐭𝐞𝐫𝐢𝐨𝐧 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐅𝐨𝐫𝐦𝐞𝐫 𝐃𝐞𝐛𝐞𝐧𝐡𝐚𝐦𝐬 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐨𝐫𝐞 𝐈𝐧 𝐄𝐝𝐢𝐧𝐛𝐮𝐫𝐠𝐡 𝐓𝐨 𝐎𝐩𝐞𝐧 𝐅𝐢𝐫𝐬𝐭 𝐙𝐞𝐝𝐰𝐞𝐥𝐥 𝐇𝐨𝐭𝐞𝐥 𝐈𝐧 𝐒𝐜𝐨𝐭𝐥𝐚𝐧𝐝 📣 𝐄𝐝𝐢𝐧𝐛𝐮𝐫𝐠𝐡 – 𝟏𝟓𝐭𝐡 𝐉𝐮𝐥𝐲 𝟐𝟎𝟐𝟒 – Criterion Capital Limited, real estate owner and platform operator, announces the acquisition of 109-112 Princes Street in Edinburgh to open its first Zedwell Hotels hotel in Scotland, marking a milestone expansion of the brand into the historic capital. Asif Aziz, Founder and CEO of Criterion Capital, commented: "Opening our first hotel in Scotland is a significant step in our ambitious UK-wide expansion of our unique Zedwell hotel brand. Edinburgh’s rich history, cultural significance and strong tourism sector make it an ideal location for Zedwell. This project represents a fantastic addition to our committed pipeline of 22 hotels with over 7000 rooms that, together with our expanding residential and commercial portfolios, will see our AUM exceed £6bn.” Occupying over 116,500 sq ft., the new Zedwell hotel will revitalise this historic thoroughfare, which sees an average footfall of 300,000 pedestrians per week. The hotel’s prime location also offers views of Edinburgh Castle and Princes Street Gardens. Situated in a central tourist hotspot close to the Old Town and Royal Mile, Zedwell will boast excellent transport links, including the nearby Edinburgh Waverley train station, the city’s tram network and numerous bus routes. Zedwell has pioneered a unique hotel concept that is already thriving in central London locations. Zedwell provides a sleep-focused experience, with guest rooms aptly named “cocoons” equipped with noise-reducing walls, floors and doors, as well as warm ambient lighting, enabling guests to recharge before tackling the bustling city again. Kerr Young, Head of UK National Hotels Transactions, Capital Markets, JLL, added: “We are delighted to have advised on the sale of 109 Princes Street. Edinburgh remains the best performing hotel market in Europe and JLL are very excited to be facilitating the entry of a new hotel concept such as Zedwell to the market which will support the adaptive reuse of a strategically important property located in the heart of the city centre.” 𝐄𝐍𝐃𝐒 𝐊𝐄𝐘 𝐂𝐎𝐍𝐓𝐀𝐂𝐓 Saskia Jiggens 📧 saskia.jiggens@criterioncapital.co.uk #CriterionCapital #Edinburgh #Scotland #PropertyNews #Zedwell #Hospitality #RealEstate #HotelOpening #TravelNews #VisitScotland #RoyalMile #UNESCO #UKTourism #HotelNews

In 2023, a record number of hotels were converted into much-needed housing units. This trend is likely to keep going, as converting hotels is faster and cheaper than building new apartments, especially in crowded cities. NYC is a prime example, with over 700 apartments created from old hotels. #CRE #CRENews #MultiFamily #Hospitality

Brookfield to acquire Brisbane’s Hotel X Hotel X Brisbane Fortitude Valley Vignette Collection sold to Brookfield Asset Management - Asia Pacific negotiated by CBRE Hotels’ Wayne Bunz and Hayley Manvell. Ruban Kaneshamoorthy, Brookfield Co-Head of Australia Real Estate, said: “Hospitality is a growing focus for us in Australia and across the Asia Pacific, driven by growing international and domestic tourism numbers Wayne Bunz, CBRE Hotels’ National Director, said: “The sale of Hotel X represents a landmark transaction in the Brisbane hotel market, building upon on a string of high-profile hotel sales and reinforcing Brisbane City’s position as a hotspot for hotel investment. “This transaction is not only a testament to the quality of the asset but also to the strength of Brisbane’s hospitality sector, which is underpinned by rising tourism numbers and a strong economic trajectory.” Read more on The Hotel Conversation > https://lnkd.in/gt23JnsT Michael Simpson Alexia Morelli Tom Gibson Raymond Tran Vasso Zographou Nick Hill Wayne Bunz Hayley Manvell Paul Fraser Northy Chen Taylor Morris Scott Callow Ashley Ferguson Aaron Desange Ryan McGinnity Dalila Palazon Charlie James CBRE Hotels #hotels #hotelnews #hotelsold #brisbanerealestate #brisbanemarket #hospitality #cbre #cbrehotels #hotelinvestment #hotelier #hotelowners #hotelmanagement