nyc hotel sales

A Comprehensive Guide to Investing in Physical Real Estate Versus Other Types of Real Estate Investments (REITs, REIGs, Private Notes & More)

Editor’s Note: This article was updated on July 13, 2023. Investing in real estate is a time-tested strategy for building wealth and generating passive income that also represents a more secure and resistant investment avenue than stocks, for example. But, getting started in the diverse landscape of real estate investment types can be overwhelming for…

Hotel Investments in NYC Saw Sharp Fall in 2012

Although last year the overall activity in the commercial sector in NYC was the most upbeat we’ve seen in 5 years, the hotel segment was far from boasting the same results.The sales volume dropped by 58%, totaling only $1.6 billion. This is a sharp fall from the results seen in 2011, but still at least…

Sales Pick Up in New York City’s Hospitality Market in 2011

In line with the general commercial real estate market trend, the New York City hospitality sector saw a robust growth in 2011, with over $3.2 billion in sales. Sales were up 148% over 2010, and up by a whopping 524% over 2009. Moreover, 2011 saw the volume of sales reach a 5-year high. The figures…

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