Elevation Financial Group Sells Huntsville Apartment Complex for $13 Million
Florida-based Elevation Financial Group has sold the Serenity Apartments at Huntsville for $13.25 million. The group purchased the property for $5.38 million in 2017...
Attorney General Warns of Unemployment Benefits Scam
Alabama Attorney General Steve Marshall’s office says the past year has brought a “variety of complaints” from people who think their personal identifying information...
Warren Equity Partners Acquires Magnolia River International
Florida-headquartered Warren Equity Partners has acquired a majority interest in Magnolia River International Inc., a provider of inspection, engineering and design and geographic information...
Union Files Official Objections to Amazon Unionization vote
The Retail, Wholesale and Department Store Union has filed objections to the National Labor Relations Board in the wake of a vote by Bessemer...
Sabel Steel Celebrates 165 Years
Montgomery-based Sabel Steel is celebrating its 165th year in business by donating $165,000 to local causes.
Recipients span the six regions where Sabel operates —...
Birmingham Businessman Launches Starboard Investments
Birmingham-businessman Brandon Stewart has launched Starboard Investments, a Jimmy John’s franchise that owns and operates 12 locations in central Alabama.
A former investment banker, Stewart...
Amazon Vote Praised by Commerce Secretary
Though the Retail, Wholesale and Department Store Union says it will challenge the results of the union election at Amazon’s Bessemer fulfillment facility, Alabama’s...
Birmingham Businesses Not So Quick to Abandon COVID-19 Safeguards
As the statewide mask mandate is about to expire, a poll of Birmingham Business Alliance members shows companies divided over the best path forward....
Fraudulent Unemployment Claim Attempts Rise During COVID-19
The Alabama Department of Labor says fraudulent unemployment claim attempts are on the rise, and COVID-19 is to blame for the increase.
“It’s definitely happening...
Otelco Purchased by Oak Hill Capital
Oak Hill Capital has completed its acquisition of Otelco Inc. for $11.75 per share or a total equity purchase price of approximately $40.6 million....