Results for: Real estate development

The Athens Group, a prominent real estate development firm specializing in crafting upscale resorts, urban hotels, luxury residences, and recreational amenities, has recently welcomed Richard Holtzman as its Principal and Vice President of Hospitality. With over four decades of experience in the hospitality industry, Holtzman will oversee the company’s fundamental operations and asset management functions. He will also contribute to the expansion and oversight of Athens Group’s project portfolio and strategic alliances. Holtzman’s appointment underscores The Athens Group’s commitment to excellence and innovation in the hospitality sector.

PBA Group of Companies (PBA) and Concord Hospitality are embarking on a transformative project that will revitalize the former Canadian Centre office building into an Element Hotel by Westin, offering 226 extended stay suites in the heart of Downtown Calgary. This conversion underscores the importance of repurposing buildings for sustainable urban renewal and aligns with Calgary’s goal of enhancing downtown residential and recreational spaces.

Meraas, a leading Middle Eastern real estate developer, has announced the highly anticipated opening of the final phases of Nad Al Sheba Gardens in Dubai. This launch comes in response to the rising demand in Dubai’s real estate market, with residents and investors eagerly seeking out new developments from reputable developers like Meraas.

Range Developments unveils the latest phases of its esteemed Beach Residences project on Al Marjan Island, Ras Al Khaimah, with the launch of The Beach Residences’ East Wing and Townhouses at the Bluewaters Forum by Banyan Tree Dubai on May 30th. This exclusive event, available only to brokers and partners, showcases the allure of waterfront living adjacent to the upcoming Wynn Al Marjan Island resort, poised to redefine luxury in the MENA region. With prices starting from AED 1.1 million (approximately US$299,000), these residences offer an exceptional investment opportunity in Ras Al Khaimah’s thriving real estate market.

Zoned Properties (OTCQB:ZDPY), a real estate development firm, has announced plans to implement a stock repurchase program worth up to $1 million. The program has been approved by the company’s board and allows for the repurchase of shares in the open market, private transactions, or other means at prevailing market prices. Zoned Properties intends to utilize its existing cash on hand and projected future free cash flow to fund the repurchases.

Pennsylvania-based developer A.R. Building Co. is proposing to construct a pair of four-story buildings with 100 apartments along Lawton Road in Canton, Connecticut. The project, if approved, would be A.R.’s first in Canton and would feature a mix of one- and two-bedroom units, an inground pool, a clubhouse, and fitness centers. A.R. currently operates over 9,000 apartments and townhouses in 10 states, with its only New England operations in Rhode Island and Connecticut.