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  • Members Only: 2018 HFTP Compensation and Benefits Report

    By Tanya Venegas, MBA, MHM, CHIA. Results to the biannual survey conducted by Hospitality Financial and Technology Professionals (HFTP). Information includes data on compensation and benefits trends for finance and technology professionals in the club and lodging industries.

  • Success in the Sunshine State: Highlights from HFTP's 2018 Florida Regional Conference

    The beautiful Sarasota Westin Hotel — with its bright white facade, multitudinous windows and stunning rooftop pool area — made a very picturesque setting for the 2018 HFTP Florida Regional Conference, which took place July 25–27, 2018.

  • Annual Convention 2018: A True HFTP Experience in the Land of the Kentucky Derby

    On the bank of the Ohio River in the east south-central region of the United States looms Kentucky’s largest city, Louisville — home to the famed Kentucky Derby horse race, Kentucky Fried Chicken (KFC) and Louisville Slugger baseball bats.

  • Members Only: IT Spending in the Lodging Industry Three-year Analysis: 2015–2017

    By Agnes DeFranco, Ed.D., CHAE; Arlene Ramirez, CHE, CHAE; and Tanya Venegas, MBA, MHM, CHIA. PART II: An analysis of IT spending data in the lodging industry based on reporting in the new USALI Schedule 6 — Information and Telecommunications Systems.

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Slowdown in Office Construction Might Be Coming in 2019

·24 July 2018
Approximately 54.7 million sq. ft. in new office deliveries are projected for next year.
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Airbnb Is Financing a User's Lawsuit Against New York City

·18 July 2018
Stanley Karol, a 56-year-old Airbnb host in Brooklyn, sued the city in federal court Wednesday, accusing officials of retaliating against him for speaking out in support of home rentals.
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Best Ways to Attract Millennial Renters

·18 July 2018
For those in the real estate business it’s imperative to continue to adjust to trends that are attracting this younger demographic.
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Tax Laws Bite California's Housing Market: Virginia Postrel

·16 July 2018
Prop 13 limited local property taxes to 1 percent of purchase price (or of the assessed value in 1975) and capped subsequent increases at 2 percent a year.
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The Business Case for Sustainability in Commercial Real Estate

·16 July 2018
The importance of sustainability in commercial real estate as a growth engine is now recognized by market participants both on the equity and on the debt side.
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Wendy Silverstein Plans Exit From New York REIT

·13 July 2018
Wendy Silverstein is in talks to take a senior role at co-working giant WeWork Cos. that hasn’t yet been defined, said people with knowledge of the matter.
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Top 10 Highest-Paid Public REIT CEOs

·13 July 2018
For the most part, the compensation packages of the highest-paid CEOs in the publicly-traded REIT sector have grown once again from 2016 to 2017, according to data provided by research firm S&P Global Market Intelligence. Among these executives, all but one earned more in 2017 than they had the year before—and all took home total packages worth more than $11 million.
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Manhattan Rent Deals Help Landlords Hang On to Tenants-and Send New Leases Plummeting

·12 July 2018
The number of new leases in Manhattan fell 17.5 percent from a year earlier in June, according to a report released Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
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What's Next for Hotelier After Buying the Trump Toronto? America

· 9 July 2018
InnVest is following several Canadian real estate firms to the U.S., including Tricon Capital Group Inc. and the real estate arm of insurer Great-West Lifeco Inc.
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Brookfield Is in Talks to Buy NYC Complex for $600 Million

· 6 July 2018
The property, which includes apartments, stores and space rented to the British International School of New York, is owned by Richard Ravitch, a former New York lieutenant governor.
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Digital Realty Is in Talks to Buy Data-Center Firm Ascenty

· 5 July 2018
Digital Realty, a San Francisco-based real estate investment trust with a market value of $24 billion, could invest in Ascenty alongside a joint venture partner.
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Which Alternative Property Sectors Hold the Most Promise for Investors?

· 5 July 2018
In a Q&A with NREI, Marc Halle, head of global real estate securities at PGIM Real Estate, offers his outlook on the manufactured housing, self-storage and industrial sectors.
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HNA Executive's Death Risks More Turbulence at Debt-Laden Giant

· 5 July 2018
Co-Chairman Wang Jian's sudden death comes as HNA, one of China’s most indebted companies, is undertaking an urgent restructuring.
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Eight Busiest Cities for Hotel Development

· 2 July 2018
Strong local economies keep hotel developers coming back to cities like New York, Dallas and Miami. In these markets, developers are building both a large number of new rooms and a high overall number of new projects. “A lot of the construction is in ‘upscale,’ … a lot don’t have extensive food and beverage,” says Bobby Bowers, senior vice president of operations for STR Inc., a provider of hotel market data and benchmarking.
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New York's Plaza Hotel Has Third Suitor Join Battle for Control

· 2 July 2018
United Capital Real Estate is suing Subrata Roy, chairman of Sahara India Pariwar, as well as its U.S. entity, alleging that they breached an agreement by seeking a separate deal.
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What To Do When Neighboring Cities Become Enemies

·29 June 2018
Development disputes can erupt much too easily among Silicon Valley cities.
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Traditional Restaurant Chains Launch Fast-Casual Concepts to Lure Millennials

·29 June 2018
Many are in testing stages, trying to find the right size in the right market as they compete in a crowded sector.
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Property Taxes Surge on Higher Values

·27 June 2018
Rising property taxes can be a problem for both tenants and landlords.
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Should CRE Players Return to Defensive Investing?

·26 June 2018
It feels to me like we are in extra innings, running on borrowed time.
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Blackstone Nears First Close of $5 Billion for Infrastructure Fund

·25 June 2018
The capital raising comes even as Trump has yet to deliver on a promise to facilitate the investment of as much as $1.7 trillion in the next decade.
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Campus Apartments CEO David Adelman Talks About What's Next in Student Housing

·25 June 2018
Adelman discussed what's behind the recent slowdown in construction and the most likely markets for
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Why the Real Estate Industry Needs More Equity, Less Debt

·21 June 2018
Prudence dictates that we prevent our industry from going backwards and losing the credibility that we have worked so hard to gain.
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Retail Center Owners Look to Hotels to Bring New Life to Vacant Big-Box Spaces

·11 June 2018
Hotels appear to be a particularly good fit for retail centers, which tend to have ample parking, prime locations and shopping, restaurants and entertainment options readily available for travelers.
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Property Investors Vote on Future of Retail With Their Dollars

· 7 June 2018
Real estate investors, including private equity giant Blackstone Group LP, are making big bets that industrial properties will keep gaining as retailers focus on their online operations.
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Non-Listed REITs Regain Fundraising Momentum

· 6 June 2018
Robert A. Stanger & Co. reported that fundraising for non-listed REITs accelerated during the first quarter.
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Grand Plans for a New York Tech Hub in the Bones of an Old Hotel

· 5 June 2018
Manhattan’s old Biltmore Hotel, where people once met each other “under the clock,” is being reconfigured as a tech incubator.

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