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City: Hoover
Apartments in Birmingham, Ala., Area Sell for $26.7Mln
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 ...
Patton Creek/4330-4450 Creekside Ave. and 150-191 Main St.
95 percent leased. The property, about 15 miles south of Birmingham, serves as collateral for a $42.6 million loan that's securitized through WF-RBS Commercial Mortgage Trust, 2011-C2. The mortgage pays a 5.679 percent coupon and matures in December 2020. It ...
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