Birmingham
Berkadia Arranges Sale of 288-Unit MF Community in Panama City
Berkadia arranged the sale and financing of Vantage at Panama City Beach, a newly-built, 288-unit garden-style multifamily community in Panama… Read more
Huntsville Apartment Community Trades for $27M
Wicker Park Capital Management has acquired Fern Parc, a 343-unit apartment community in Huntsville, for $27.4 million. Located in south… Read more
Trez Forman Provides $11M Loan for Adaptive Reuse Project in Birmingham
Florida-based commercial bridge lender Trez Forman Capital has provided an $11.2 million loan to finance the redevelopment of 2209-2215 1st… Read more
LBX Investments Acquires 208K-SF Retail Center Near Birmingham
LBX Investments has acquired Promenade Fultondale, a 208,568-square-foot super-regional retail center in Fultondale, AL. The center is approximately five miles… Read more
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
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
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
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
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
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
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
Opus Launches Student Housing Development Near Univ. Alabama
The Opus Group, in partnership with The McKinney Fund & Company, started construction on a new 17-story, mixed-use student living community… Read more
Bridge Buys 1,558-unit Southeast Seniors Housing Portfolio
A portfolio of nine seniors housing assets totaling 1,558 units across the southeastern United States have been acquired by Bridge… Read more
Abbey Residential Launches Sixth San Antonio Multifamily
Abbey Residential LLC began construction on its most recent San Antonio multifamily project. The 396-unit Abbey at Sonterra is going… Read more
LIV to Enter San Antonio with Stone Oak Apartments
LIV Development, based in Birmingham, AL, is ready to enter the San Antonio market by building Stone Oak Apartments, a… Read more