A New York-based REIT, Carey Watermark Investors Inc., has acquired a hotel in Pittsburgh. It paid $29.9 million and plans to make $4.8 million in improvements to the hotel, a 132-room Courtyard by Marriott. Read the Commercial Property Executive story here.
Stone Martin Commercial finishes first ground-up project in Alabama
Stone Martin Commercial, a division of Stone Martin Builders, a leading homebuilder in Alabama, completed construction on its first ground up build project, the Wyndham Industrial Warehouse in Opelika, Alabama. This achievement signifies