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Hoover, Ala., Apartment Complex Sells for $111Mln
Birmingham Business Journal Avenue Living has paid $111 million, or $154,167/unit, for Ridge Crossings, a 720-unit apartment complex in Hoover, Ala. The Calgary, Alberta, real estate investment company purchased the property from an affiliate of Independence Realty Trust Inc., a ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
