State: Alabama - AL
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.
Birmingham, Ala., Apartments Trade for $82Mln
Commercial Real Estate Direct Staff Report A venture of Brick Lane and National Property REIT Corp. has paid $82 million, or $113,573/unit, for the 722-unit Valora at Homewood apartment property in Birmingham, Ala. Lurin, a Dallas real estate investment company, ...
Venture Acquires 486-Unit Apartment Property in Birmingham, Ala.
Dallas CityBizList A venture of Arch Cos. and Drake Real Estate Partners has bought the 486-unit Park at Forestdale apartment property in Birmingham, Ala. The deal was financed with a Fannie Mae loan from Arbor Realty Trust. Terms of the ...
Knighthead Funding Lends $27.3Mln for Huntsville, Ala., Apartments
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, ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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