The 200-room Hotel Vitale in San Francisco has been sold to LaSalle Hotel Properties for $130 million. At $650,000 per key, the sale’s per-room price eclipses that of The Ritz-Carlton, San Francisco, which was acquired by Thayer Lodging last year for $476,331 per room. Commune Hotels and Resorts was selected to manage the property. Read the Hotel Management online 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
