ACHE requests increase for higher ed
The Alabama Commission on Higher Education is requesting $2.01 billion in funding for the state’s two- and four-year institutions in fiscal year 2023. That’s a 17.53% increase over the request for fiscal year 2022. – Alabama Daily News
Poarch Band gets approval for Chicago Wind Creek casino
Alabama’s Poarch Band of Creek Indians and Wind Creek Hospitality have received approval to build a hotel and casino in Chicago. The south suburban casino should open in 2023. The tribe owns three hotel and casino resorts in Alabama, one in Pennsylvania and two in the Caribbean. – The Atmore Advance
Ameris Bank acquires Balboa Capital
Ameris Bank has acquired Balboa Capital, which specializes in lending to small and mid-sized businesses. Georgia-based Ameris Bank has locations across the Southeast, including three in Alabama. — Ameris Bank
Aveanna Healthcare acquires Pelham’s Comfort Care
Atlanta-based Aveanna Healthcare has acquired Pelham-based Comfort Care, an adult home health and hospice company with operations in Alabama and Tennessee, for $345 million. Aveanna’s locations in 30 states provide a range of pediatric and adult health care services. – GlobeNewswire
Foley Plaza sold to out-of-state buyer
Foley Plaza, a 204,000-square-foot neighborhood retail center on McKenzie Street, has been sold to an out-of-state investor for $4.22 million. The property is anchored by AT&T and is fully leased. – AL.com
