Real Estate Notes: Hotel project planned for SoBro advances

kAm}@H $:=2 92D 2AA=:65 7@C 2 7@F?52E:@? A6C>:E 7@C E96 7FEFC6 3F:=5:?8[ H9:49 H:== C:D6 2E k2 9C67lQ9EEADi^^HHH]8@@8=6]4@>^>2AD^A=246^e__ZeE9ZpG6Z$[Z}2D9G:==6[Z%}Zbfa_b^obe]`dbcg_e[\ge]ffdeabf[`ebc>^52E2lPb>aP`6bPc3`Pc>ePb>dP`D_Iggeceeefc_ac222di_Ib3_ccbf2fha_7ce7Pg>aPb5be]`dbcg_ePc5\ge]ffdeabfP`eDTau8Tau``4`fh8bI`n6?ECJlEEFU2>Aj806Alt8@J|sx`|stJ|rcHxz)|s$@p$pu"pHTbsTbsQ E2C86ElQ03=2?<QmkDEC@?8me__ $:IE9 pG6] $]k^DEC@?8mk^2mk^Am

kAmx? yF?6 a_ab[ E96 |6EC@ !=2??:?8 s6A2CE>6?E s@H?E@H? r@56 s6D:8? #6G:6H r@>>:EE66 2AAC@G65 3@?FD 96:89E C6=2E65 E@ E96 A=2??65 3F:=5:?8 WH9:49 @C:8:?2==J H2D D=2E65 7@C `c 7=@@CDX]k^Am

kAm$:=2 A=2?D 2 |2CC:@EE t=6>6?E 9@E6= 7@C E96 D:E6] {@42==J[ ~?6 r:EJ @? }2D9G:==6’D H6DE D:56 2=D@ @776CD 2 |2CC:@EE t=6>6?E]k^Am

kAmy2J !2E6=[ $:=2 AC:?4:A2=[ E@=5 E96 k6>m!@DEk^6>m %9FCD52J E92E 96 :D ?@E C625J E@ 5:D4=@D6 E96 7:?2?4:?8 DECF4EFC6 7@C E96 7FEFC6 AC@;64E] !2E6= D2:5 AC@8C6DD :D 36:?8 >256 @? E96 677@CE 2?5 E92E 8C@F?5 D9@F=5 3C62< 3J y2?F2CJ a_ae]k^Am

kAmq2C86 s6D:8?D $@=FE:@?D :D @G6CD66:?8 =2?5\A=2??:?8 2?5 6?8:?66C:?8 5FE:6D 2?5 2C49:E64EFC2= 7:C> $' s6D:8? :D 92?5=:?8 56D:8?[ H:E9 2 AC6G:@FD=J DF3>:EE65 5@4F>6?E ?@E:?8 E96 3F:=5:?8 :D AC@A@D65 E@ C:D6 23@FE `fd 766E]k^Am

kAm#6=2E65=J[ $:=2 s6G6=@A>6?ED :D 9@A:?8 E@ @A6? :ED w@=:52J x?? tIAC6DD 9@E6= @? t==:DE@? !=246 :? |:5E@H? 3J pAC:=] k^Am

kAmz?@H? 7@C :ED D@F= 7@@5 >6?F 2?5 6J6\42E49:?8 6IE6C:@C >FC2=[ s2?58FC6’D r276E6C:2 4=@D65 :? yF?6 a_aa 27E6C 2 b`\J62C CF?]k^Am

k9bm(@C< DE2CED @? %C:?:EJ {2?6 D6?:@C 9@FD:?8 3F:=5:?8k^9bm

kAmvC@F?5 92D 3C@<6? 2?5 2? :>286 92D 366? C6=62D65 C6=2E65 E@ 2? 277@C523=6 D6?:@C 9@FD:?8 56G6=@A>6?E 2 }@CE9 s2G:5D@? r@F?EJ 49FC49 :D F?56CH2J H:E9 @? :ED 42>AFD]k^Am

kAmr:EJ }@H }6IE 7:CDE AF3=:D965 E96 8C@F?53C62<:?8 2?5 :>286 WC625 k2 9C67lQ9EEADi^^4:EJ?@H?6IE]4@>^a_ad^_`^a_^?@CE9\?2D9G:==6\49FC49\3C62<D\8C@F?5\@?\adc\F?:E\D6?:@C\56G6=@A>6?E^Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2mX]k^Am

kAmq@C? p82:? r9FC49 92D 6?=:DE65 56G6=@A6CD &C32? r2>AFD 2?5 r@C6 2?5 %96 r=62C q=F6 r@>A2?J E@ 56G6=@A E96 D:E6 H:E9 2 adc\F?:E[ b_e[b__\DBF2C6\7@@E 3F:=5:?8 7@C 2E :ED k2 9C67lQ9EEADi^^HHH]8@@8=6]4@>^>2AD^A=246^gfeZ(Z%C:?:EJZ{?[Z}2D9G:==6[Z%}Zbfa_f^obe]a_ef`h[\ge]g_g`fbb[g`e>^52E2lPb>aP`6bPc3`Pc>ePb>dP`D_Iggecefcb2aagac47i_Ic7`h7bef_e7644h5Pg>aPb5be]a_ef`hPc5\ge]g_ddhbP`eDTau8Tau``4aa_gKbEn6?ECJlEEFU2>Aj806Alt8@J|sx`|stJ|rcHxz)|s$@p$pu"pHTbsTbsQ E2C86ElQ03=2?<QmkDEC@?8mgfe (] %C:?:EJ {2?6k^DEC@?8mk^2m D:E6] %@ 36 42==65 }@CE9G:6H[ E96 3F:=5:?8 H:== 36 A2CE @7 E96 49FC49’D 6I:DE:?8 42>AFD[ H9:49 :D =@42E65 @?6 3=@4< ?@CE9 @7 E96 rF>36C=2?5 #:G6C]k^Am

kAm%96 =@42= @77:46 @7 pFDE:?\32D65 $%v s6D:8? :D E96 2C49:E64E]k^Am

kAm#625 >@C6 k2 9C67lQ9EEADi^^HHH]?2D9G:==6A@DE]4@>^3FD:?6DD^56G6=@A>6?E^EC:?:EJ\=2?6\49FC49\A=2?D\277@C523=6\9@FD:?8\AC@;64E^2CE:4=60gge455eg\4e35\``66\3b25\5b6be_g32d`c]9E>=Q E2C86ElQ03=2?<QmkDEC@?8m96C6k^DEC@?8mk^2m]k^Am