City: Birmingham

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 ...

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 ...