Dobbins Group Hammers out $24.6M from The Moretti at Vulcan Park

Dobbins Group LLC recently closed the sale of the company’s 135-home upscale multifamily development, The Moretti at Vulcan Park, to Raia Properties for $24.6 million. The Birmingham-based firm purchased the parcel in 2012 with the intention of redeveloping the existing 1940s-era housing with first-in-class home and community amenities. Construction was completed in June by Birmingham-based…

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