American Architecture Awards

CTA Construction Project Wins Award for Somerville's West Branch Library

Retrieved on: 
Tuesday, January 17, 2023

SOMERVILLE, Mass., Jan. 17, 2023 /PRNewswire/ -- The Somerville West Branch Library, constructed by CTA Construction Managers and designed by designLAB architects, was recognized by The Chicago Athenaeum: Museum of Architecture and Design, and The European Centre for Architecture Art Design and Urban Studies. The project won the combined organizations' 2022 American Architecture Award. The annual jointly hosted award highlights excellence in design for new buildings, landscape architecture, and urban planning globally. The award was presented on December 2nd. G2 Collaborative Landscape Architecture was the project's landscape architect.

Key Points: 
  • The Somerville West Branch Library, constructed by CTA Construction Managers, recently won the 2022 American Architecture Award.
  • SOMERVILLE, Mass., Jan. 17, 2023 /PRNewswire/ -- The Somerville West Branch Library , constructed by CTA Construction Managers and designed by designLAB architects , was recognized by The Chicago Athenaeum: Museum of Architecture and Design, and The European Centre for Architecture Art Design and Urban Studies.
  • The project won the combined organizations' 2022 American Architecture Award.
  • "This international award is a great honor," said Patrick Tompkins, Principal, CTA Construction Managers .

The 2022 Ping An Finance Centre International Vertical Marathon Master Was Successfully Completed

Retrieved on: 
Monday, December 19, 2022

Shenzhen, China--(Newsfile Corp. - December 19, 2022) - On December 17th, Beijing time, the 2022 Ping An Finance Centre International Vertical Marathon Master had come to a successful conclusion at Shenzhen PAFC, the fourth highest skyscraper in the world.

Key Points: 
  • Shenzhen, China--(Newsfile Corp. - December 19, 2022) - On December 17th, Beijing time, the 2022 Ping An Finance Centre International Vertical Marathon Master had come to a successful conclusion at Shenzhen PAFC, the fourth highest skyscraper in the world.
  • For the fifth consecutive year, the Ping An Finance Centre International Vertical Marathon Master was landed in Shenzhen's landmark building - PAFC, with mature high-end business facilities within the Greater Bay Area, has built a model of global vertical complex with four major businesses: Super Grade A office building, PAFC MALL, Free Sky Cloud Sightseeing Floor and Park Hyatt Hotel.
  • In the future, PAFC will show the world the spiritual height of Shenzhen, a reforming and opening city, with a lofty stance.
  • Just as the contestants overcame exhaustion with their own efforts, and won the challenge of the top of the city, showing their strength.

MCR Closes on $420 Million Refinancing of 30-Hotel Portfolio

Retrieved on: 
Friday, July 15, 2022

MCR the countrys 4th-largest hotel owner-operator has closed on a $420 million refinancing of 30 hotels across the country.

Key Points: 
  • MCR the countrys 4th-largest hotel owner-operator has closed on a $420 million refinancing of 30 hotels across the country.
  • These 30 hotels are all managed by MCRs in-house operations team that today includes 6,000 professionals and 145 hotels.
  • Spread across 17 states, the 30-hotel portfolio totals 3,792 rooms and is concentrated in dynamic, high-growth markets including Florida, Utah, Nevada, Colorado, Texas and South Carolina.
  • Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisor to MCR on the transaction, and Eastdil Secured served as financial advisor.

MCR Concludes a Record-Breaking 24 Months With $2 Billion of Real Estate Investments

Retrieved on: 
Monday, June 6, 2022

MCR the countrys 4th-largest hotel owner-operator has completed $2 billion of investments and deployed more than $500 million of equity since 2020.

Key Points: 
  • MCR the countrys 4th-largest hotel owner-operator has completed $2 billion of investments and deployed more than $500 million of equity since 2020.
  • In the last 24 months, the company has acquired 46 select service hotels, five full-service hotels, four non-performing loans and two hospitality-related software companies.
  • These acquisitions bring the companys portfolio to 145 hotels and nearly 25,000 rooms across 102 cities.
  • MCR has realized seven investments in the last 24 months resulting in internal rate of returns (IRR) between 30% and 330%.

2021 Ping An Finance Center International Vertical Marathon Masters Ended Successfully

Retrieved on: 
Monday, November 22, 2021

Shenzhen, China--(Newsfile Corp. - November 21, 2021) - 2021 Ping An Finance Center International Vertical Marathon Masters ended successfully in Shenzhen Ping An Finance Center, the fourth highest landmark in the world.

Key Points: 
  • Shenzhen, China--(Newsfile Corp. - November 21, 2021) - 2021 Ping An Finance Center International Vertical Marathon Masters ended successfully in Shenzhen Ping An Finance Center, the fourth highest landmark in the world.
  • The event was sponsored by Shenzhen Ping An Finance Centre Construction and Development Co.Ltd., PING AN FINANCE CENTER,FREE SKY, authorized and certified by the TOWERRUNNING WORLD ASSOCIATION (TWA) and the ASIAN-OCEANIAN VERTICAL MARATHON ASSOCIATION (AVA), and hosted by Forward Group.
  • The IP of "Ping An Finance Center International Vertical Marathon Masters" has laid a solid foundation since it officially landed in Shenzhen Ping An Finance Center in 2018.
  • In 2021, Ping An Finance Center International Vertical Marathon Masters set foot on a new journey, continuing the hot state of registration in the past, with a winning rate of only 10%.

Triple Threat! Three MCR Hotels Win Condé Nast Traveler 2021 Readers’ Choice Awards

Retrieved on: 
Tuesday, October 5, 2021

Three hotels in MCR s portfolio Ink 48 Hotel, The High Line Hotel and the TWA Hotel won Cond Nast Traveler 2021 Readers Choice Awards.

Key Points: 
  • Three hotels in MCR s portfolio Ink 48 Hotel, The High Line Hotel and the TWA Hotel won Cond Nast Traveler 2021 Readers Choice Awards.
  • View the full release here: https://www.businesswire.com/news/home/20211005005774/en/
    The longest-running and most prestigious recognition of excellence in the travel industry, the Readers Choice Awards are selected entirely by readers through an online survey.
  • This year, more than 800,000 Cond Nast Traveler readers submitted responses!
  • The 2021 Readers Choice Awards are published on Cond Nast Travelers website at cntraveler.com/rca and celebrated in the November issue.

An Overnight Success! MCR Wins Marriott’s Top Honor

Retrieved on: 
Wednesday, August 11, 2021

MCR , the 4th-largest hotel owner-operator in the United States, has received Marriotts Partnership Circle Award, the highest honor Marriott (NASDAQ: MAR) presents to its owner and franchise partners.

Key Points: 
  • MCR , the 4th-largest hotel owner-operator in the United States, has received Marriotts Partnership Circle Award, the highest honor Marriott (NASDAQ: MAR) presents to its owner and franchise partners.
  • Since its founding in 2006, MCR has invested in 70 Marriott-branded properties.
  • The award will be presented to MCR at the Marriott CONNECT 2022 Conference next June in Denver.
  • All properties boast outstanding customer service and amenities such as free fast Wi-Fi that continue MCR and Marriotts commitment to operating world-class hotels.