The 182-room Hilton Mystic hotel in Connecticut has been acquired by hotel owner and operator Distinctive Hotel Group for $14.1 million. The property is expected to be renovated while retaining its Hilton brand. The sale is part of RLJ Lodging Trust‘s capital-recycling strategy through sales of non-core assets. Read the HotelsMag.com story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging
