Multifamily Boom Undiminished

Multifamily development has been on a roll in Alabama for almost a decade.

Redevelopment of Thomas Jefferson Tower in downtown Birmingham attracted investment capital from Oregon’s Reed Realty Group. Photo by Art Meripol The development of apartments, condominiums and lofts — especially in downtown areas — faltered for decades in Alabama, the Southeast and beyond, but has flourished in the wake of the 2008…

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