State: Alabama - AL

Commercial Real Estate Direct Staff Report Capital Square Realty Advisors has paid $94.6 million, or $291,975/unit, for the 324-unit FarmHaus Apartments in Huntsville, Ala. The Glen Allen, Va., investment manager acquired the property, at 1260 Balch Road, next to the ...

Alternative lender 3650 REIT has provided $49.5 million of financing to fund the completion of the Gabriel, a 288-unit apartment property that is being built in Madison, Ala., by Hillcrest Acquisitions LLC. Hillcrest, a family office in Spring Valley, N.Y., ...

Birmingham Business Journal Crestwood Green at 701, a 270-unit apartment property in Birmingham, Ala., has been sold for $22.25 million, or about $82,407/unit. A Florida-based investment group bought the property from an affiliate of Peak Capital Partners of Provo, Utah, ...

Birmingham Business Journal An affiliate of Priam Properties has sold Chase Corporate Center, a two-building office property in Hoover, Ala., for $26.5 million, or about $132.50/sf. The Nashville, Tenn., company sold the property, with more than 200,000 square feet, to ...