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Parkview Financial has provided $22.5 million of financing against the 140,000-square-foot office building at 2225 3rd Ave. North in Birmingham, Ala. The loan is designed to allow the property's owner, EPT Holdings LLC, an investor group including LMS Investment Management ...
The venture between DRA Advisors and DLC Management that owns Brook Highland Plaza in Birmingham, Ala., has put the 594,466-square-foot retail center on the sales block through JLL Capital Markets. The venture had purchased the property in 2016 as part ...
The nine-story building is fully leased to tenants that include Merrill Lynch, PricewaterhouseCoopers and Southern National Gas Co. The venture has assumed a $29.3 million loan that Life Insurance Co. of the Southwest had provided in 2016. The loan pays ...
A venture of Pope & Land and Fairway Investments has paid $55 million, or $325.44/sf, for the 169,000-square-foot Brookwood Center office building in Birmingham, Ala. It bought the property from Preferred Apartment Communities Inc., an Atlanta REIT that had purchased ...
Dwight Capital has provided $29 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program against Monte Sano Terrace, a 324-unit apartment property in Huntsville, Ala. The loan allowed the property's owner, Tibs Realty of Red ...
Livingston Properties has paid $26.55 million, or nearly $200/sf, for a pair of retail centers totaling 133,705 square feet in Hoover, Ala., and Huntsville, Ala. The Warner Robbins, Ga., developer bought the properties from GBT Realty, which was represented by ...
Blue Vista Capital Management has provided $51 million of financing against a portfolio of three office properties with 670,890 square feet in Huntsville, Ala. The fixed-rate, seven-year loan allowed the property's owner, Triangle Capital Group of New York, to retire ...
Parkview Financial has provided $25.5 million of financing for the redevelopment of the historic Frank Nelson Building in Birmingham, Ala., into 180 apartment units. The redevelopment is being done by Orchestra Partners Development of Birmingham. The 10-story building, commonly referred ...
Commercial Real Estate Direct Staff Report Boston Capital Real Estate Partners has paid $51 million, or about $161,905/unit, for the 315-unit Aventura Oak Mountain apartment property in Birmingham, Ala. The Boston company bought the complex, formerly known as Point at ...
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