Regions West | San Francisco
Despite Hotel Sector Slump, W San Fran Commands $90M
The current economy, plagued by job losses galore and belt-tightening on the business and leisure travel fronts, has been more than unkind to the hospitality industry, to say the least. Despite the inhospitable climate, Starwood Hotels & Resorts has nabbed a buyer for its W San Francisco hotel. Keck Seng Investments (Hong Kong) Limited has agreed to fork over $90 million for the 404-room property.
The Green Mandate for Commercial Real Estate
Green building standards may not seem to be on the front burner of commercial real estate as much this year as last, simply because very little new development is breaking ground these days. Yet planning and policy shifts regarding sustainable real estate go on, anticipating the day when development will begin again.
 

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