Regions Southeast
Orient-Express Hotels, The Related Group to Form Partnership to Develop Hotels, Residences
July 8, 2008

Orient-Express Hotels Ltd. has signed a letter of intent to establish a 50/50 strategic partnership with The Related Group to develop hotels and residences in South Beach Miami, Cartagena, Colombia, and Panama City, Panama, the companies said today. The proposed partnership plans to develop and operate multi-use projects that will include hotel, branded residential and commercial components. The letter of intent contains a 90-day exclusivity period and is non-binding until detailed negotiations are completed.

 
Recent Southeast Headlines
Orinda, Octagon Eye Strong Area Fundamentals for Atlanta Conversion Project
June 04, 2009
The nationwide downturn in employment is chipping away at demand in the apartment market, but there are still those communities here and there where the call for more rental accommodations remains relatively strong. To that end, Orinda Corp. and Octagon Capital Partners, having found just such a community, have acquired a 350,000-square-foot office building in a college-laden district of Atlanta for a $35 million apartment conversion project.
 
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?CPN Executive Outlook? A roundtable discussion on market strategies with John C. Cushman III, Chairman of Cushman & Wakefield, Inc., Gordon DuGan, President and CEO of W. P. Carey & Co., and Mark Rauenhorst, Chairman and CEO of Opus Group.; CPN; Cushman & Wakefield; Gordon DuGan; John C. Cushman III; Mark Rauenhorst; Opus Group; W. P. Carey & Co.; Eugene Gilligan, Senior Editor for Commercial Property News interviews Bob Bach, National Director, Market Analysis Grubb & Ellis Company at Multi Housing World.; Bob Bach; Commercial Property News; Eugene Gilligan; MHN; Multi housing news; multi housing world; hompage