Chartres Lodging closes on purchase of Radisson hotel in Minneapolis

Chartres Lodging Group has finalized its acquisition of the Radisson Plaza Hotel Minneapolis for about $28 million. The company plans to renovate the 360-room property and convert it into a Radisson Blu hotel. The conversion is expected to cost $25 million to $30 million. Read the American City Business Journals story here.

Industry News

Vendor News

Norco Constr. promotes Erik Rappel to COO

General contractor, construction manager and design/builder Norco Construction promoted Erik Rappel to Chief Operating Officer. He most recently served as Norco’s Vice President of Operations, after originally joining the firm in 2017

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Vendor New Products

BITEC Expands Imperflex Line with New Base Sheet

BITEC, Inc. will be introducing its Imperflex® SA2 two-square self-adhered base sheet at the International Roofing Expo (IRE) in February, in response to contractor requests for a two-square option for installing BITEC’s popular Imperflex self-adhered

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