Hilton Worldwide Holdings is acquiring five hotels in California and Florida for a total purchase price of $1.76 billion. Hilton is using the proceeds of its $1.95 billion sale of the Waldorf Astoria New York for the acquisition, structuring the transaction as a 1031 exchange. The company has about $100 million left from the 1031 transaction and plans to make additional acquisitions over the next six months. Read the GlobeSt.com story here
76 FENCE expands in Tennessee with two new franchise locations
76 FENCE proudly marked a new chapter in its expansion in Tennessee with a grand opening and ribbon-cutting on March 25. The event, attended by local officials, business leaders, and community members,