State: Alabama - AL

Knighthead Funding has provided $27.3 million of financing for the construction of the Views at Chase Creek, a 228-unit apartment property in Huntsville, Ala. The property, at 248 Old Glory Road, is being developed by Chase Creek Holdings of Montgomery, ...

Commercial Real Estate Direct Staff Report The Sterling Group has paid $39 million, or $116,071/unit, for the 336-unit Elements of Madison apartment property in Madison, Ala., some 12 miles west of Huntsville, Ala. The Mishawaka, Ind., investment firm bought 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 ApexOne Investment Partners has paid $31 million, or $229,630/unit, for the 135-unit Moretti at Vulcan Park apartments in the Birmingham, Ala., suburb of Homewood, Ala. The Houston real estate investment manager bought the complex ...

Berkadia has provided $27.45 million of Fannie Mae financing for a pair of apartment properties with 320 units in Montgomery, Ala. The two loans both have 12-year terms and amortize on 30-year schedules. They pay coupons that Berkadia described as ...

Atlanta CityBizList Two Waters Capital Management has bought Park West, a 278-unit apartment property in Mobile, Ala., for $20.5 million, or about $73,741/unit. The seller was not disclosed. Cushman & Wakefield brokered the deal. Park West, at 1663 Hillcrest Road, ...

Dallas CityBizList PEM Real Estate Group has sold the 252-unit Arlington Park apartments in Mobile, Ala., for $27.95 million, or about $110,913/unit. Saxony Capital Management of Dallas bought the property, at 7070 Grelot Road, in a deal brokered by Cushman ...