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Jeremy Cramer Named Head of California CRE Lending at IDB Bank

Jeremy Cramer Named Head of California CRE Lending at IDB Bank

by Phil Hall | Aug 21, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

IDB Bank, a New York City-based private and commercial bank and a wholly owned subsidiary of Israel Discount Bank Ltd., announced the appointment of Jeremy Cramer as its new senior vice president and head of California commercial real estate. In his new position,...
Hyatt Acquires Standard International and Hotel Brands

Hyatt Acquires Standard International and Hotel Brands

by Phil Hall | Aug 21, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H) announced the planned acquisition of Standard International, parent company of The Standard and Bunkhouse Hotels brands. Upon closing, Hyatt will pay a base purchase price of $150 million, with up to an additional $185 million over...
Frank Lloyd Wright-Designed Skyscraper Listed for Sale

Frank Lloyd Wright-Designed Skyscraper Listed for Sale

by Phil Hall | Aug 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The only completed skyscraper designed by the master architect Frank Lloyd Wright is being listed for sale only 18 months after it last changed hands. Art News reported Price Tower, a 19-story, 221-foot-high mixed-use property in Bartlesville, Oklahoma, is being...
Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line

Fire-Damaged Historic Hotel Fire Prevented from Rebuilding Due to 1891 Property Line

by Phil Hall | Aug 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The owners of a historic Michigan hotel undergoing reconstruction following a 2022 fire are going to court because a dispute over an 1891 property line is preventing the hotel from reopening. According the WCRZ.com, the Holly Hotel was among the businesses in Holly,...
ElmTree Funds Debuts Early Investor Incentive Program

ElmTree Funds Debuts Early Investor Incentive Program

by Phil Hall | Aug 20, 2024 | Commercial Real Estate News, Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

ElmTree Funds, the St. Louis-based private equity real estate firm focused on the commercial real estate net-lease sector, has unveiled an early investor incentive program designed to benefit early investors in the firm’s recently launched ElmTree Industrial Trust, a...
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