Travel + Leisure Recognizes DiamondRock’s Havana Cabana Resort As A Top Ten Resort Hotel In Florida

Travel + Leisure Recognizes DiamondRock’s Havana Cabana Resort As A Top Ten Resort Hotel In Florida

BETHESDA, Md. (STL.News) – DiamondRock Hospitality Company (the “Company”) (NYSE: DRH) today announced that its Havana Cabana Resort has been named #3 in the Top Ten Resort Hotels in Florida in Travel + Leisure’s World’s Best Awards 2019. Located in the heart of Key West, Florida, Havana Cabana opened in 2018 as a one-of-a-kind boutique experience following a cutting-edge renovation.

The World’s Best Awards is an award program run by Travel + Leisure.

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Unison Releases Benchmark Volatility Index for Single Family, Owner-Occupied Homes

Unison Releases Benchmark Volatility Index for Single Family, Owner-Occupied Homes

SAN FRANCISCO (STL.News) – American homes, traditionally the foundation for building wealth and the key anchor of many Americans’ financial portfolios and retirement plans, are in fact as volatile in value as a stock market index, according to the benchmark Unison Home Volatility Index released today. New homeowners are particularly vulnerable to housing market risk, as they typically have the highest proportion of net worth locked in their home and are also the people taking on the most mortgage debt.

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Hard Money Lending in Volatile Markets

Hard Money Lending in Volatile Markets

FORT LAUDERDALE, Fla. (STL.News) – The housing market has seen significant trends emerge in 2019 as hard money lending becomes an increasingly worthwhile option and volatile markets give way to increased interest among millennials, a key demographic.

Monroe Funding Corporation has evolved with changes in the housing industry as well as buyers of different demographics seeking to purchase a current or second home such as lakefront property. These properties often require the money upfront in order to secure the deal as quickly as possible when investors are looking to add lucrative opportunities to their portfolio.

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Cain International and Madison Realty Capital announce financing for Raffles Boston Back Bay Hotel & Residences

Cain International and Madison Realty Capital announce financing for Raffles Boston Back Bay Hotel & Residences

NEW YORK (STL.News) – Today, Cain International and Madison Realty Capital (MRC) announced financing to develop the Raffles Boston Back Bay Hotel & Residences at 40 Trinity Place in Boston’s Back Bay. Cain International, which will provide the majority of the equity to develop this marquee property, has entered into a joint venture with Trinity Stuart LLC, a partnership between two Boston entities: hoteliers Gary and Jeffrey Saunders of Saunders Hotel Group and developer Jordan Warshaw of The Noannet Group.

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Shopoff Realty Investments Sells Apartment Development Phase of Anaheim Packing District Area Project

Shopoff Realty Investments Sells Apartment Development Phase of Anaheim Packing District Area Project

IRVINE, Calif. (STL.News) – Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced today that the company has successfully sold the apartment development phase of its Anaheim Packing District Area Project, a 5.47 acre property entitled for a 314-unit apartment development. Located at 901 E. South Street in the City of Anaheim, the property was sold to Anton Development.

This Anaheim property was purchased in a joint venture with Argosy Real Estate Partners on January 31, 2017, and at the time of acquisition included two industrial-zoned land parcels comprised of 20.47 acres that held existing structures totaling 356,187 square feet.

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