The Preiss Co. has bought Riverfront Village, a student-housing property with 440 beds in Tuscaloosa, Ala. The Raleigh, N.C., company purchased the 92-unit property in a venture with Crow Holdings Capital of Dallas. The seller and purchase price were not ...
The property is now 75 percent leased.
Gulf Coast Commercial Group has paid $27 million, or nearly $157/sf, for the 172,304-square-foot River Ridge retail center in Birmingham, Ala. The Houston developer bought the property, at 4606-4614 US 280, from Nuveen Real Estate, which had acquired it in ...
KPR Centers has lined up $42.45 million of mortgage financing from MetLife Investment Management against the 389,736-square-foot Vestavia Hills City Center retail property in Vestavia Hills, Ala., near Birmingham, Ala. The floating-rate loan was arranged by JLL Capital Markets. Vestavia ...
REBusiness Online Branch Properties has lined up $16.5 million of financing for its Westbury Square shopping center in Huntsville, Ala. Delta Community Credit Union provided the loan, which was arranged by CBRE. Branch, of Atlanta, acquired Westbury Square in 2018. ...
Audubon has bought Scholar Birmingham, a 198-unit student-housing property in Birmingham, Ala. The seller and purchase price were not disclosed. Scholar Birmingham, at 1001 20th St. South, was built in 2020 and has studio, one-, two-, three- and four-bedroom units ...
Multi-Housing News RCP Cos. has lined up $47.5 million of bridge financing against Metronome at MidCity, a 296-unit apartment complex in Huntsville, Ala. An affiliate of Greystone Monticello provided the floating-rate loan, which pays only interest for the life of ...
AL.com Audubon has bought Scholar Birmingham, a 198-unit student-housing property in Birmingham, Ala. The seller and purchase price were not disclosed. Scholar Birmingham, at 1001 20th St. South, was built in 2020 and has studio, one-, two-, three- and four-bedroom ...
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