Tuesday, December 4, 2012

Bernards Restores, Rebuilds Iconic Hotel




California





Bernards Restores, Rebuilds Iconic Hotel



SANTA BARBARA, CA-The commercial builder is implementing the $46-million project on El Encanto, a five-star Santa Barbara resort hotel, owned and operated by Orient-Express Hotels Ltd.







National





Specially Serviced CMBS Turns Down the Volume



NEW YORK CITY-But Fitch Ratings warns that with a large number of maturities coming between 2015 and 2017, the current pace of resolutions may be difficult to maintain.








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