RLJ Lodging Trust has completed its acquisition of the 231-room Hilton Cabana Miami Beach in Florida. The hotel was sold for $71.6 million, or $310,000 per room, and is RLJ’s 148th hotel property in the United States. 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