Wednesday, June 13, 2012

Morning Real Estate Review

Capitol Hill Suites completes first phase of renovation (Wall Street Journal)  The $3.7m renovation of the hotel, now known as Capitol Hill Hotel, is the first of two phases that will complete early next year.

National Building Museum to build mini golf course (CBS news) The museum worked with architects and developers to design just the right place to tee off.

Is it time to stop building convention centers? (Atlantic Cities) As convention attendance falls, building new centers only increases competition between cities and causes cities to undercut each other.

Home prices rising slightly, but March sales were at record lows (Lender Processing Services) Real estate technology firm says March home sales were the lowest since the mid '90's.

Commercial / multi-family loans up 0.3% (Mortgage Bankers Assn) 3 of the 4 major multi-family investor increased their holdings in the first quarter.


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