Birmingham
Strong Job Market Boosts Prospects for Multifamily Rent Growth
A strong jobs market has boosted Yardi Matrix’s forecast of apartment rent growth in 2024. The analytics firm reported Thursday… Read more
Elliott Mulkin Joins C&W, Greystone as Director
Cushman & Wakefield and Greystone Servicing Company have announced that Elliott Mulkin has joined the Capital Markets Equity, Debt &… Read more
$30M RV Resort Planned for Logan Martin Lake
Camping is becoming big business in Alabama. Logan Martin Lake may soon be the site of a $30 million campsite.… Read more
Winners of Wells Fargo $20M Housing Innovation Challenge
The Wells Fargo Foundation and Enterprise Community Partners announced the 2023 Housing Affordability Breakthrough Challenge winners, allocating $20 million across… Read more
Phase I of UAB Science & Engineering Complex Completed
Hoar Construction has completed Phase I of a three-phase project at the new Science and Engineering Complex at The University… Read more
HPM Hires Senior Project Manager, Expands Life Sciences Footprint
Birmingham-based program management firm HPM has hired Chandler Creel as senior project manager, expanding the firm’s capabilities in the pharmaceutical… Read more
IPA Arranges $11.5M Financing for Alabama Class A Office
Institutional Property Advisors has announced the financing of a Class A, four-story office property located at 200 Wildwood Parkway in… Read more
Berkadia Arranges $13M Refi for Riverside, AL Apartments
Berkadia has arranged refinancing for RiverHouse Apartments, a 144-unit, garden-style multifamily property in Riverside, AL. Managing Director Tom Genetti of… Read more
Home Builder Sentiment Turns Positive for First Time in 11 Months
Builder confidence in the market for newly built single-family homes rose five points in June to 55, according to the… Read more
CBRE Expands Tenant Representation Team in Birmingham
CBRE is expanding its Advisory & Transaction Services team in Birmingham with Taylor Glaze joining as vice president. Glaze comes… Read more
Vulcan Investing $2M to Repurpose Birmingham Warehouse
Vulcan is redeveloping the midtown building at 409 Richard Arrington Jr. Blvd. S. in Birmingham that it acquired for $1.2… Read more
97-Acre Research Triangle Spark LS Campus Celebrates Topping Out
Birmingham-based Brasfield & Gorrie and Charlotte-based Trinity Capital Advisors celebrated the topping out of biomanufacturing campus Spark LS in The… Read more
NNN Pro Group Brokers Sale of Eight Net-Leased Retail Properties for $79M
A New York City-based partnership led by Soly Halabi and Joseph Simhoneight has sold eight net-leased retail properties in Alabama,… Read more
Advenir Oakley Capital Closes on Land for Build-to-Rent Development
Advenir Oakley Capital, LLC has closed on 28 acres in the rolling foothills of the Appalachian Mountains for LEO at… Read more
TSCG Hires Will Vickery with Focus on Leasing Retail Portfolio Across the Southeast
TSCG has hired Will Vickery as an associate in its Birmingham office. Vickery will focus on leasing TSCG’s portfolio of… Read more
Hoar Construction Building Largest Project in Samford University History
Hoar Construction has broken ground on the Campus Recreation, Wellness and Athletic Complex for students and university staff at Samford… Read more
Law Firm Nearly Doubles Tampa Office Space in Move to Water Street
National law firm Bradley Arant Boult Cummings LP plans to move its Florida flagship from Tampa’s CBD to Water Street,… Read more
Founder Emmett McLean Eyes an Autumn Retirement from Medical Properties Trust
Vestavia, AL-based Medical Properties Trust, Inc. founder Emmett McLean — who functions as EVP, COO and secretary — will retire… Read more
Regions Bank Adopts Blooma FinTech to Streamline CRE Lending
Birmingham, AL-based Regions Bank has adopted Blooma’s commercial real estate lending solution, a cloud-based platform that automates manual portions of… Read more