What’s the latest in the Real Estate and Condo Hotel field?

• Real Estate Miami reports that Robert Falor surrenders management of The Royal Palm because of “no market for condohotels right now.”
• New York City: Trump SoHo will go through with its construction despite the number of protests it got in its annoucement.
• Learn more about NACHO (National Association of Condo Hotel Owner) with an article from Helium Report
• Big setback in Las Vegas Real Estate as W Las Vegas gets cancelled. Those holding reservations in the project were sent a FEDEX package with their reservation deposit fee refunded.
• HotelLawyer on the latest hospitality trends straight from Meet the Money® hotel financing conference

Latest Condo Hotel Announcements

• Novare Group to build a 28-story condominium and tower in North Austin, which will be the tallest building outside downtown.
• Meanwhile, Lily Development LLC will also develop a 38-story condo and penthouses called Aquarius Tower, it “will redefine Atlanta’s downtown skyline and incorporate advanced technological and sustainable features that are rarely seen in the United States.”
• A new multi-use resort called Chateau at Heavenly Village will include 2 condo hotels with a total of 477 rooms as well as a 50,000-square-foot convention center, spa, park, shops and restaurants.

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• The Critical Relevance of National Association of Condo Hotel Owners