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State: Alabama - AL
FarmHaus Apartments
Capital Square bought the property on behalf of a Delaware Statutory Trust, CS1031 FarmHaus Apartments DST, through which it had raised $55.9 million of capital. The property, meanwhile, is encumbered by a Fannie Mae loan that's said to have a ...
Capital Square Pays $94.6Mln for Huntsville, Ala., Apartments
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 ...
Crestwood Green at 701
The property was 93 percent occupied.
Chase Corporate Center
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 an affiliate of ...
3650 REIT Lends $49.5Mln to Complete Construction of Ala. Apartments
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., ...
270-Unit Apartment Property in Birmingham, Ala., Sells for $22.25Mln
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, ...
Hoover, Ala., Office Property Fetches $26.5Mln
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 ...
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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.
