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StoneCreek Partners / Posts tagged "New York project experience"

Seneca Allegany Resort & Casino, New York State

12.12.2020 Casino Gaming Resorts, Project Consultants for Tribes and First, TJB gaming resort operations experience

The Seneca Allegany Resort & Casino is located in Salamanca (western New York State), nestled in the foothills of the Allegany Mountains. The gaming resort features an on-site casino, spa, more than 400 guestrooms, and various dining options.

 

Gaming and hospitality veteran Timothy J. Brown served as Vice President of Resort Operations for this major casino resort, during 2006 and 2007.

 

Seneca Allegany Resort & Casino is owned by a subsidiary of Seneca Gaming Corporation (SGC), a wholly-owned, tribally chartered corporation of the Seneca Nation of Indians.   The Seneca Nation of Indians was officially established in 1848 with their own constitution and elective government.

 

Timothy Brown and Adventure Entertainment Cos. (“AEC”) have formed a joint venture to provide full-service consulting, project design-development management, and location-based entertainment to casino and gaming resort facilities.  AEC is an operating unit of StoneCreek Partners LLC.

 

 

 

life sciences facilities directory

Life Sciences Real Estate is Hot

02.11.2020 Mega Projects Tracking and Monitor, News about office and industrial properties, StoneCreek Partners News and Research

Life sciences real estate is hot among property developers and investors, and has emerged as a highly-desired real estate asset class.  “Life Sciences” refers to the booming industry made up of such industries as biotechnology, pharmaceuticals, biomedical devices, genetics and genomics, and research and development (R&D).

 

Life sciences real estate is exceptionally hot among investors, as 2020 heads towards year-end.   The life sciences industry was already a top economic sector as 2019 came to a close, and this Covid-19 pandemic year has only propelled investor interest in the industry.

 

Life sciences facilities are typically clustered in areas with strong university research and teaching programs in the life sciences, and situated in proximity to other facilities and their tenants.  In fact, seven of the top 10 biological science programs are at graduate universities located in the top life sciences clusters of Boston, the San Francisco Bay Area and San Diego.

 

Some of the top life sciences clusters includes the following cities and districts:

 

  • Boston-Cambridge
  • San Francisco bay area
  • San Diego
  • New Jersey
  • Raleigh-Durham
  • Washington, DC – Baltimore
  • New York City greater metro area
  • Philadelphia
  • Los Angeles
  • Chicago

 

 

Life Sciences Real Estate is Hot

Life sciences real estate is a hot real estate asset class among real estate investors and developers.

 

As part of the office and industrial real estate asset class, life sciences properties are a more specialized and generally more expensive facility than typical general-purpose office and industrial properties.    The pairing of university bio-science research with private-sector life sciences companies seeking to leverage such research, is a more fine-tuned version of the well-known Science and Technology Parks that got their start in the 1950’s.

 

For more Information

 

We track the life sciences asset class on behalf of our clients.   We maintain a summary of this tracking online, which is available by clicking here ==>  Life Sciences Facilities Directory & Industry Players

Asset Management Consultants - hotels

The Ritz-Carlton Hotel New York

19.08.1995 Facility Asset Managers and Consultants, Owner Representation Consultants, Project Consultants for North America

NY Overnight Partners / Newfield Enterprises International   |   Owner representative and asset management of The Ritz-Carlton on Central Park in New York.   Asset management included hotel management contract restructuring negotiations, renovation program preparation and implementation, and owner representation to operator.   In early 2005, after a couple more changes of ownership, the hotel facility was acquired by a development group interested in converting the facility to residential condominium ownership. Even while operating as a lodging facility, the property had several occupants holding a right to occupy their units as residences under long-term leases.

 

Responsibilities included oversight of hotel management company, including capital improvement programs.  On behalf of the family office of Newfield Enterprises International (NEI), itself owned the Ibrahim brothers:  HES’ Abdulaziz, Khaled, and Waleed bin Ibrahim Al Ibrahim.

 

 

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