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National  + Alabama  + Apartments  | 

Alabama MF Acquired for $40M

Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.

Coastal Ridge Real Estate, in partnership with M Group, acquired The Village at Lakeshore Crossings in Birmingham, AL from a Philadelphia-based private investor for $40 million. The 264-unit, Class A apartment community, located on 19 acres at 251 London Parkway, is the Columbus, OH firm’s first acquisition in Alabama and seventh acquisition in partnership with Birmingham, MI-based M Group.

Coastal Ridge Real Estate’s Patrick McBride says, “We will look to grow our portfolio in Alabama and other key Southeast markets through acquisitions and third-party property management assignments.”

Built in 2013, The Village at Lakeshore Crossings offers 84 one-bedroom/one-bathroom units, 132 two-bedroom/two-bathroom units and 48 three-bedroom/two bathroom units. The community features a resort-style pool, outdoor kitchen, outdoor fireplace and lounge area, clubhouse, media room, fitness room, business center, hammock lounges, pet park, pet wash and walking trails.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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