Alabama
Hendon Properties Sells Retail Center in Louisville for $30M
Hendon Properties and joint venture partner Harbert United States Real Estate Fund VI have sold Westport Village, a 169,515-square-foot lifestyle… Read more
MPT Completes Sale-Leaseback on KC-Area Hospitals
As part of a $1.75-billion wave of acquisitions, Medical Properties Trust has acquired seven Kansas City-area community hospitals from St.… Read more
Net-Leased Walgreens Property in Alabama Trades for $5M+
Brokerage and technology platform B+E arranged the $5.7-million sale of a retail property net leased to Walgreens in Midfield, AL.… Read more
CushWake Brokers Sale of Five MF Properties in Montgomery for $77M
Cushman & Wakefield has brokered the sale of five apartment communities in Montgomery, AL for a total of $77.1 million.… Read more
Conrad Hotel to Open in Nashville’s $540M Broadwest Mixed-Use Development
Propst Development, Chartwell Hospitality and Hilton (NYSE: HLT) have announced the signing of Conrad Nashville, a 14-story, 237-room hotel slated… Read more
Advenir Secures $191M Financing for Six MF’s in Three States
Aventura, FL-based Advenir, Inc. secured $190.873 million in financing for six apartment communities comprising 1,843 units in Texas, Alabama and… Read more
LIV Development Sells 330-Unit Ace to Virginia Buyer
Developer/investor LIV Development sold The Ace, a 330-unit garden apartment in Round Rock, TX, north of Austin. The seller, headquartered… Read more
KC Conway and RCA’s Jim Costello on the CRE Implications of the Tariff Battle
By Paul Bubny The U.S. and China have turned up the volume lately on the rhetoric when it comes to… Read more
Trio of Alabama MF’s Trade for $94M
Contour Development acquired three multifamily properties in Birmingham, AL totaling 1,816 units. The portfolio was sold by an undisclosed Texas-based… Read more
SIOR Elects Slate of 2020 Officers
The Society of Industrial and Office Realtors (SIOR) elected its 2020 officers during its Spring World Conference in Washington, D.C.… Read more
Healthcare Realty Picks Up Indianapolis Outpatient Facility
Healthcare Realty Trust has acquired Methodist Professional Center II (MPC II), a 143,499-square-foot Class A outpatient facility on the academic… Read more
2019 MOB Construction Forecast
Medical office building construction exceeded 12 million square feet in 2018, the highest total since 2009. But this year, despite… Read more
CCIM Report: Preparing for Revolution Taking Place in CRE
A new model for success in the face of big data, e-commerce, and the sharing economy is emerging in virtually… Read more
11 Items Necessary for Quick Multifamily Financing
It is paramount to have the right materials and mindset when it comes time to purchase or refinance a multifamily… Read more
Harrison Street Divests SE Senior Housing Portfolio
Harrison Street Real Estate Capital sold a portfolio of eight senior housing living communities developed in partnership with Dominion Partners,… Read more
Passco Picks Up MF in Affluent Kentucky MPC for $62M
California-based Passco Companies acquired The Henry at Fritz Farm, a 306-unit, Class A+ multifamily community in Lexington, KY, from Birmingham,… Read more
$135M Sharia-Compliant Financing Arranged for Multi-State Student Housing Portfolio
HFF arranged the capital stack for a six-property student housing portfolio totaling 911 units with 2,059 beds in Alabama, Florida,… Read more
1-in-5 Rural Hospitals at High Risk of Closing, Study Finds
One-in-five U.S. rural hospitals are at a high risk of closing unless their financial situation improves, according to a new… Read more
Hunt Finances Acquisition of Jacksonville MF
New York-based Hunt Real Estate Capital provided a Fannie Mae conventional multifamily loan in the amount of $35.6 million to… Read more