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Meridian Capital Finances $10 Million on Gregory Hotel

Meridian Capital Finances $10 Million on Gregory Hotel

NEW YORK—Meridian Capital Group arranged $10 million in permanent financing on the Best Western Gregory Hotel located in Brooklyn. The $10 million, 10-year CMBS loan was provided by Rialto Mortgage Finance, L.L.C. and features a fixed rate and interest-only payments ...

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Sizzling Summer Led by Leisure Travel Bookings

Sizzling Summer Led by Leisure Travel Bookings

NEW YORK—Hotels in major North American markets are continuing to experience strong growth driven by increases in average daily rate (ADR), according to data from the July 2015 TravelClick North American Hospitality Review (NAHR). Strong rates and steady bookings are ...

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The Developing Story: Miami

The Developing Story: Miami

Miami has long been known for its white sand beaches, high-energy nightclubs, and Latin-infused culture. More recently, the Magic City has become even more captivating, from its burgeoning celebrity chef scene to its contemporary art boom. Leisure accounts for 75 ...

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