City: Birmingham

A venture of Pope & Land and Fairway Investments has paid $55 million, or $325.44/sf, for the 169,000-square-foot Brookwood Center office building in Birmingham, Ala. It bought the property from Preferred Apartment Communities Inc., an Atlanta REIT that had purchased ...

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 ...