Hotel Management Agreements Are Critical for Hospitality Properties. Here’s How They Work
It is an understatement to say that hotels are different from other CRE investments. To understand why, you have to understand hotel management agreements.
It is an understatement to say that hotels are different from other CRE investments. To understand why, you have to understand hotel management agreements.
The MGM casino revitalized an area of the city heavily damaged in a 2011 tornado. It’s now generating millions of dollars in taxes and thousands of permanent jobs.
CEDAC’s financing and technical assistance programs have contributed to the production or preservation of over 455,000 homes statewide
To landlords in Massachusetts, rent control is like Freddy Krueger – a relentless villain that terrorizes victims in an endless series of sequels and remakes.
The Massachusetts Appeals Court declined to hold an architect liable for advising its municipal clients to avoid working with a particular construction company.
The deepwater port on Cape Cod has hosted research vessels for nearly 100 years. But replacing its main dock took years of permitting and consensus-building.
When one of its tenants vacated her apartment without using professional cleaning services, a landlord deducted $115 from her security deposit. It could face a class-action lawsuit.
Young parents buying new homes have many concerns. Whether their builder may have knowingly spread an invasive weed and glass on their property should not be among them.
For a planet with over 8 billion people, BERDO cannot provide meaningful climate change mitigation by itself, but one has to start somewhere.
A new SJC ruling says the time limits for when architects’ clients can sue over design defects can be contractually negotiated.
Now and then, a commercial landlord engages in conduct so peculiar, that others can only shake their heads in bewilderment. Such was the case involving several properties in North Attleborough’s “Auto Road” area.
Massachusetts courts seldom label local zoning boards’ denials of permits as arbitrary and capricious, but that’s exactly what happened recently in a recent state Land Court decision, Symmes Development & Permitting LLC v. Smith.
There are good reasons for hotel owners to affiliate with national brands such as Marriott, Hyatt and Hilton. But these deals come with costs.
Although the resort town of Barnstable fits the demographic requirements of a gateway municipality, it lacked the typical industrial history and immigrant cultures – until offshore wind projects started taking root offshore.
Before joining the chorus of promoters of “affordable housing,” one might want to consider the meaning of that term, and its consequences.
The Greek philosopher Heraclitus stated centuries ago that change is the only constant in life. A few things expected to bring change to the Massachusetts real estate industry in 2025.
Massachusetts recently doubled its annual historic tax credit limit, but while they’re attractive for those committed to preserving historic buildings, they must be used with caution.
How much new and rehabilitated housing can $5.16 billion and a number of Zoning Act changes buy? We will find out over the next five years.
Classic Restaurant Concepts LLC had high hopes when it started building out what was intended to be a destination restaurant in Harvard Square in early 2016.
In a case involving the Massachusetts appeal bond statute in a summary process eviction case, the Supreme Judicial Court recently ruled against a family that had been occupying a foreclosed property for 11 years without making mortgage or rent payments.