The Lauderdale Beachside Hotel in Fort Lauderdale, Fla., has been acquired by Florida Development Group for $17 million in cash. The 147-room beachfront hotel, which had filed for bankruptcy protection after entering foreclosure, includes a pool, a restaurant and a tiki bar. Read the GlobeSt.com 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