Pebblebrook Hotel Trust, of Bethesda, a real estate investment trust focused on luxury hotels in large U.S. cities, announced it will receive approximately $97 million from the recent sale of 6.50% Series C Cumulative Redeemable Preferred Shares of Beneficial Interest. ...Read More »
Pebblebrook Hotel Trust, of Bethesda, a lodging real estate investment trust, announced that its joint venture with New York-based Denihan Hospitality Group, which owns six upscale boutique hotels in Manhattan, executed a new, $50 million non-recourse, secured loan with PNC Bank N.A., at a fixed annual interest rate of 3.14 percent.Read More »
Pebblebrook Hotel Trust, of Bethesda, a real estate investment trust focused on luxury hotels in large U.S. cities, saw its fourth-quarter funds from operations improve in 2012, driven by increases in room rates and higher occupancy levels.Read More »
J. Crew and Anthropologie stores to open in Harbor East Two national retailers, J. Crew and Anthropologie, will open stores next week in the Harbor East neighborhood, it was announced this week. J. Crew, a retailer of apparel for young ...
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KBE’s safety record applauded KBE Building Corp. received the Platinum STEP (Safety Training & Evaluation Process) Award from the national Associated Builders & Contractors. The award recognizes KBE’s regional offices in both Columbia and Farmington, Conn. The Platinum award is ...Read More »
Home Builders Association presents Awards of Excellence The Sales and Marketing Council of the Home Builders Association of Maryland presented dozens of Awards of Excellence at its annual ceremony this week, honoring companies and individuals in the industry for their ...
Tagged with: Baltimore Home Builders Association of Maryland housing kbe building corp maryland pebblebrook hotel trust real estate investment trust real estate weekly Ryan Homes U.S. Sen. Barbara MikulskiRead More »
GSA signs lease for space in Towson office building The General Services Administration has leased 21,344 square feet of office space at Dulaney Center 1, a five-story, 127,628-square-foot office building at 849 Fairmount Ave. in Towson. The office will house the ...Read More »
REIT agrees to purchase Denver hotel Chesapeake Lodging Trust of Annapolis, a hotel real estate investment trust, said it has entered into a definitive agreement to acquire the 613-room Denver Marriott City Center for $119 million, or approximately $194,000 per ...Read More »
Pebblebrook Hotel Trust of Bethesda, a lodging real estate investment trust, said it completed its previously announced acquisition of a 49 percent interest in a joint venture that owns six upper upscale hotels in Manhattan, valued at $910 million. The ...Read More »
Tech park for Hagerstown A Western Maryland-based economic development group said it purchased 173 acres for a technology business park in the Hagerstown area. The Hagerstown-Washington County Industrial Foundation said Wednesday it bought the land between Hagerstown Community College and ...Read More »