Real Estate Rumors: Martorano, LXG, DR Horton

By Andrew McIntyre (January 14, 2021, 7:00 PM EST) -- Delaware investor Christopher Martorano has sold four Miami-Dade County gas stations for $15 million after just purchasing them for $10.75 million, South Florida Business Journal reported Thursday. An entity managed by Martorano purchased the stations, two of which are in Hialeah and two in Miami, from an unnamed buyer and then promptly sold them to the Ernest M. Cherry Jr. Revocable Trust and Carole A. Cherry Revocable Trust, both of which are New Hampshire-based trusts, according to the report.

Real estate investment firm LXG has purchased a Holiday Inn in Chicago for an undisclosed price, Crain's Chicago Business reported Thursday. The...

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