Alabama
NY, NJ, CT Double Roster of States with Quarantine Mandate
The governors of New York, New Jersey and Connecticut on Tuesday doubled the number of states under a travel advisory… Read more
Berkadia Adds Steven Nunnelley as Director in Birmingham
Berkadia has announced the addition of Steven Nunnelley as Director in Birmingham. He will join Senior Managing Director David Oakley,… Read more
Hunt Secures $46M Refinancing for Three Southeast MF Properties
Hunt Real Estate Capital has arranged three Fannie Mae multifamily conventional loans totaling $45.5 million for three Southeast multifamily properties… Read more
COCM Releases Guidelines for Student Housing Managers Re-Opening in Fall
Birmingham-based student housing advisory and management firm Capstone On-Campus Management (COCM) has released a roadmap to reopening student housing properties… Read more
SoftBank Affiliate Acquires Dunwoody-Based Krystal Restaurants
Fortress Investment Group, an affiliate of Japan-based multinational holding company SoftBank Group has agreed to acquire Dunwoody-based fast food restaurant… Read more
Bayer Properties to Redevelop Hardwick Steel Plant in Birmingham
Birmingham-based Bayer Properties has announced plans to purchase and redevelop The Hardwick, a 110-year-old steel plant located in downtown Birmingham.… Read more
30-Year Industry Vet Survives Shark Tank, Joins Hoar’s Florida Team
Birmingham, AL-based Hoar Construction expanded its team with the addition of Doug Storer, who joins as director of business strategies… Read more
SRS Arranges Record Deal for Publix-Anchored Center in Alabama
SRS Real Estate Partners’ National Net Lease Group arranged the $18.3-million sale of Publix and Shops at Tattersall Park, a… Read more
Transwestern Brokers 1M-SF Alabama Office Portfolio for $80M
Transwestern Real Estate Services brokered the disposition of six office properties in Huntsville, AL, for more than $80 million. Transwestern’s… Read more
Hunt Delivers $27M in Acquisition, Renovation Financing for Chattanooga MF
Hunt Real Estate Capital provided a first mortgage bridge loan in the amount of $27.35 million to finance the acquisition… Read more
Hunt Delivers Acquisition Financing for Albuquerque MF
Hunt Real Estate Capital provided a Fannie Mae conventional multifamily loan in the amount of $7.7 million to finance the… Read more
Morrison Avenue Capital Divests Alabama MF for Nearly $12M
Chaney Place, an 80-unit apartment community in Huntsville, AL, has traded hands for $11.76 million. Cushman & Wakefield’s Craig Hey… Read more
Raytheon, Aerojet Rocketdyne Strike $1B Strategic Sourcing Deal for Missile Programs
Tucson-based missile maker Raytheon Co. signed a new $1-billion multiyear deal for propulsion systems with California-based Aerojet Rocketdyne. The deal… Read more
West Mobile Value-Add Apartments Trade for Nearly $21M
Park West, a 278-unit apartment community located in Mobile, AL, has traded hands for $20.5 million. Two Waters Capital Management… Read more
Propst Development Secures Nearly $280M Construction Loan for Nashville MXU
Alabama-based Propst Development received $278.9 million of construction financing for the $540-million Broadwest mixed-use project in Nashville. The loan was… Read more
CushWake Brokers $28M Sale of Mobile Apartment Community
Cushman & Wakefield has arranged the $27.9 million sale of Arlington Park, a 252-unit apartment community in Mobile, AL. Craig… Read more
Top Broker Honoree: Cushman & Wakefield’s Sunbelt Multifamily Advisory Group
Cushman & Wakefield’s Sunbelt Multifamily Group experienced a profitable 2019, with more than $7.1 billion in deals and 317 transactions.… Read more
Saxony Capital Secures Refinancing for 252-Unit Alabama Apartment Community
JLL has secured a refinancing for Arlington Park, a 252-unit, garden-style apartment community in West Mobile. Located at 7070 Grelot… Read more
Walker & Dunlop Provides $45M Financing for SE Multifamily Portfolio
Walker & Dunlop has provided $44.8 million in financing for the Ambling Portfolio, an eight-property, 741-unit multifamily portfolio in South… Read more