City: Birmingham

Parkview Financial has provided $25.5 million of financing for the redevelopment of the historic Frank Nelson Building in Birmingham, Ala., into 180 apartment units. The redevelopment is being done by Orchestra Partners Development of Birmingham. The 10-story building, commonly referred ...

Commercial Real Estate Direct Staff Report Boston Capital Real Estate Partners has paid $51 million, or about $161,905/unit, for the 315-unit Aventura Oak Mountain apartment property in Birmingham, Ala. The Boston company bought the complex, formerly known as Point at ...

Credit Suisse Mortgage Securities Trust, 2007-C1, has moved a couple steps closer to being retired as two of its three remaining assets have been sold. The Pinnacle at Tutwiler Farms retail center near Birmingham, Ala., sold for $11.58 million, while ...

Carter Funds has paid a total of $58.21 million for a pair of apartment properties with 508 units in the Birmingham, Ala., area. The Tampa, Fla., investment manager, which owns properties in the southeastern United States, bought the two properties ...

Westside Capital Group has paid $100.8 million, or $95,094/unit, for the 1,060-unit Park at Hoover apartment property in Hoover, Ala., about 10 miles south of Birmingham, Ala. The Miami real estate investment firm bought the complex from Crescent Real Estate ...

Commercial Real Estate Direct Staff Report A venture of Brick Lane and National Property REIT Corp. has paid $82 million, or $113,573/unit, for the 722-unit Valora at Homewood apartment property in Birmingham, Ala. Lurin, a Dallas real estate investment company, ...

Dallas CityBizList A venture of Arch Cos. and Drake Real Estate Partners has bought the 486-unit Park at Forestdale apartment property in Birmingham, Ala. The deal was financed with a Fannie Mae loan from Arbor Realty Trust. Terms of the ...