Hillwood Affiliates Buy Dallas-Area Office Portfolio
April 23, 2024
180,000-SF Industrial Property Opens in Nashua, N.H.
April 23, 2024
City: Birmingham
Brookwood Center
The nine-story building is fully leased to tenants that include Merrill Lynch, PricewaterhouseCoopers and Southern National Gas Co. The venture has assumed a $29.3 million loan that Life Insurance Co. of the Southwest had provided in 2016. The loan pays ...
Birmingham, Ala., Office Building Sells for $55Mln
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 Lends $25.5Mln for Redevelopment of Birmingham’s Frank Nelson Building
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 ...
Birmingham, Ala., Apartments Sell for $51Mln
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 ...
2 of Last 3 Assets in 2007 CMBS Deal Get Resolved
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 ...
Park at Hoover apartment property
Berkadia originated $75.6 million of Freddie Mac financing to help fund the acquisition. The loan has a 10-year term.
2 Apartment Properties in Birmingham, Ala., Area Sell for $58.21Mln
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 ...
Suburban Birmingham, Ala., Apartments Trade for $100.8Mln
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 ...
Valora at Homewood apartment property
The venture assumed a $63.8 million Freddie Mac loan that JLL had originated in July. The loan is securitized through FREMF, 2020-K119. It pays a coupon of 2.8 percent and matures in August 2030.
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