LaSalle Hotel Properties is selling the 246-room Hilton Alexandria Old Town, located in the Washington, D.C., area, for $93 million. The REIT will use the proceeds to reduce borrowings on its senior unsecured credit facility. 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