Dwight Mortgage Trust has provided $88.4 million of fixed-rate financing against three apartment properties, two in Fayetteville, N.C., and one in Tuscaloosa, Ala. The two five-year loans allowed the properties' owners to refinance existing debt and fund interest reserves. The ...
Oakley Group has paid $49.8 million, or $207,500/unit, for the Flats at East Bay, a 240-unit apartment complex in Fairhope, Ala. The Birmingham, Ala., company purchased the property from Stoa Group of Hammond, La., in a deal brokered by Cushman & ...
REBusiness Online Oakley Group has paid $49.8 million, or $207,500/unit, for the Flats at East Bay, a 240-unit apartment complex in Fairhope, Ala. The Birmingham, Ala., company purchased the property from Stoa Group of Hammond, La., in a deal brokered by ...
Commercial Property Executive A venture of Burton Property Group and Peaceable Street Capital has lined up $113.3 million of financing against a portfolio of three shopping centers totaling 785,598 square feet in Alabama. The financing was arranged by JLL Capital ...
REBusiness Online Samkwang Co. has agreed to fully lease the 168,000-square-foot Building 100 within the Regional East Alabama Logistics Park in Tuskegee, Ala. The South Korean company, which supplies automotive parts to companies like Kia and Hyundai, leased the building ...
Avenue Living has paid $111 million, or $154,167/unit, for Ridge Crossings, a 720-unit apartment complex in Hoover, Ala. The Calgary, Alberta, real estate investment company purchased the property from an affiliate of Independence Realty Trust Inc., a Philadelphia REIT, in ...
Birmingham Business Journal Avenue Living has paid $111 million, or $154,167/unit, for Ridge Crossings, a 720-unit apartment complex in Hoover, Ala. The Calgary, Alberta, real estate investment company purchased the property from an affiliate of Independence Realty Trust Inc., a ...
Synovus Bank has provided $34.78 million of financing for the construction of the 264-unit ONE at Montgomery apartment property in Montgomery, Ala. The loan, arranged by Berkadia, represents 65 percent of the expected cost to build the property, at 10510 ...
One Liberty Properties Inc. has bought Mobile Portside, a 373,015-square-foot industrial property in Mobile, Ala. The Great Neck, N.Y., company purchased the two-building property from Burton Property Group of Mobile in a deal brokered by JLL Capital Markets. The purchase ...
Yield Pro BWE has arranged a $42.3 million Fannie Mae loan for the 270-unit Glenn apartment property in Auburn, Ala. The 10-year loan has a 35-year amortization schedule and is being used to retire construction debt. An undisclosed Georgia-based development ...
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