City: Birmingham

Commercial Real Estate Direct Staff Report Carter Multifamily has paid $26.7 million, or $111,250/unit, for the 240-unit Summerchase at Riverchase apartment property in Hoover, Ala. The Tampa, Fla., company bought the property from TriBridge Residential of Atlanta. Cushman & Wakefield ...

Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co. has provided $26 million of financing against the 336-unit Crowne at Grandview apartment property in Birmingham, Ala. The loan allowed the property's owner, Crowne Partners Inc. of Birmingham, to retire ...

Commercial Real Estate Direct Staff Report ApexOne Investment Partners has paid $31 million, or $229,630/unit, for the 135-unit Moretti at Vulcan Park apartments in the Birmingham, Ala., suburb of Homewood, Ala. The Houston real estate investment manager bought the complex ...

Commercial Real Estate Direct Staff Report Saxony Capital Management has paid $21 million, or $98,592/unit, for the 213-unit Kenzie apartment property in Birmingham, Ala. The Dallas company acquired the property from FPA Multifamily, a San Francisco investment manager that bought ...

Vazza Real Estate Group has bought the 268-unit Park at Sunderland apartment complex in Birmingham, Ala., for $20.1 million, or $75,000/unit. The Quincy, Mass., real estate company purchased the property from Blue Magma Residential, which was represented by Berkadia. Park ...