The Hotel Duval in Tallahassee, Fla., is being sold to Schulte Hospitality Group for $23 million. Seller Hunter & Harp acquired the hotel in 2007 for $4 million and invested $10 million in renovations. The deal is expected to close in October. Read the Tallahassee Democrat 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