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Wednesday, 14 July 1999

Marriott Breaks Ground at Union Centre

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July 15, 1999

CINCINNATI – Marriott International, in conjunction with Winegardner & Hammons, Inc., and Western and Southern Life Insurance Co. said it will build a new full-service, 295-room hotel in the Cincinnati area.

Scheduled to open in the fall of 2000 and located between Cincinnati and Dayton at the new Union Centre development, the hotel is one of three full-service Marriott hotels under construction by Winegardner & Hammons, Inc.

Marriott said that, in addition to guest rooms, the hotel will feature 14,000 square feet of flexible meeting space, nine executive boardrooms, an indoor pool and fitness center and more than 200 "Rooms That Work." Specially designed for business travelers and offered at no additional charge, "Rooms That Work" are equipped with a large console table and writing desk with adjustable ergonomic chair, moveable desk light, two-line telephones and a data port.

Marriott said the hotel will be adjacent to the Centre Point Office Park, a Class A office park now under construction, and newly completed developments including Procter & Gamble's Corporate Packaging Group and the Manufacturing and Supply Technology Group.

The Marriott at Union Centre is the tenth joint venture for Winegardner & Hammons, Inc. (WHI) and The Western and Southern Life Insurance Company. Both companies are based in Cincinnati, Ohio. Eagle Realty Group, a full-service real estate company also headquartered in Cincinnati, is serving as the real estate advisor to Western and Southern Life on this investment.



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Additional Info

  • Syndicate to Realpoint: No
  • States: Ohio
  • Sector: Hotel & Resort
  • Subject: Development/Construction (DEV)
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Data Digest

 

CMBS DELINQUENCY VOLUME

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CMBS SPECIAL SERVICING VOLUME

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Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44

 

RCA CPPI

 

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CMBS 2.0 Spreads

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Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41

 

 

 

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