Thursday, November 14, 2013

Hotels to Fully Recover by 2014, JLL Says


National Real Estate Investor

Hotels to Fully Recover by 2014, JLL Says

The hotel market has returned to almost normal since the recession, according to a recent Jones Lang LaSalle report, with growth in revenue per available room, the national occupancy up to almost the 2006 peak, $14.6 billion in transactions this year and lenders hungry to invest in hospitality.

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Investors Want Grocery-Anchored Shopping Centers, but Prime Product is Hard to Find

The challenge for the buyers is that few class-A grocery-anchored properties are being offered for sale, brokers say.

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