Jho Low’s Beverly Hills Hotel Sold to New York Lodging Investor U.S. authorities sold the Viceroy L’Ermitage Beverly Hills hotel for $100 million to EOS Investors The Viceroy L'Ermitage Beverly Hills Hotel drew widespread interest from a crowd of potential…
Opportunities abound in commercial real estate, even now - by Matt Bordwin September 22, 2020 - Front Section Matt Bordwin The COVID-19 pandemic has turned the commercial real estate market upside down. Distressed properties are coming to market daily; tenants are…
Steak 'n Shake Auction of 15 Stores Shows Alternative Path BETH EWEN Franchise Times Published: 2020.09.09 11:41 AM Fifteen corporate-owned Steak 'n Shake restaurants were set to sell September 3 via public auction, a process that can benefit sellers that fail…
TMA Announces Winners of the 2020 Individual Awards https://turnaround.org/news/tma-announces-winners-2020-individual-awards August 27, 2020 The Turnaround Management Association (TMA) is thrilled to announce the winners of the 2020 Individual Awards. These awards recognize three members that have gone above and beyond for…
Steak ‘n Shake property up for auction Starting bid for Benton Township location set at $367,000 By TONY WITTKOWSKI HP Staff Writer Aug 14, 2020 The Steak ’n Shake building in Benton Township has been vacant since April 2019.HP file…
This famous Old Hollywood hotel is selling for $100 million to an unidentified bidder The L’Ermitage hotel in Beverly Hills is shown in September 2014. (FG / Bauer-Griffin / GC Images) By ROGER VINCENT STAFF WRITER AUG. 13, 2020 12:55…
L’Ermitage Hotel Acquired for $100 Million L'Ermitage Beverly Hills Hotel photo by Samuel Braslow Posted Thursday, August 13, 2020 - 7:09 pm By Samuel Braslow The Viceroy L’Ermitage Beverly Hills Hotel, the luxury property seized by the United States Government…
Steak ‘n Shake Closes More Restaurants as Quick-Service Flip Begins The company is making 'significant investments in equipment.' FAST FOOD | AUGUST 2020 | DANNY KLEIN STEAK 'N SHAKE Steak ‘n Shake is auctioning off 15 properties. In February, Steak ‘n Shake had a…
Steak n Shake Hires Keen-Summit Capital Partners LLC and NAI Global to Sell 15 Company-Owned Locations NEW YORK--(BUSINESS WIRE)--Aug. 5, 2020-- Steak n Shake Inc. is bringing to market 15 restaurants the company closed during the last 12 months. Keen-Summit Capital Partners LLC,…
SolAero raises $11M in facility sale-leaseback deal BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER Published: Thursday, July 16th, 2020 at 12:54pm Updated: Thursday, July 16th, 2020 at 11:11pm Exterior of the SolAero Technologies plant in Albuquerque. SolAero has sold approximately half of…