Shenzhen Hazens Real Estate Group has acquired the 178-room Luxe City Center Hotel and two adjacent lots in Los Angeles for $105 million. The Chinese investment firm reportedly plans to redevelop the hotel into a more upscale property and spend a further $250 million on developing office space and condominium units on the adjoining land. Read the Los Angeles Business Journal 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
