Protective Life merges divisions
Birmingham-based Protective Life Corp. is merging its protection and retirement divisions. Aaron Seurkamp will lead the unified division as senior vice president, president, Protection & Retirement Division. Jim Wagner and Kenneth Byrd are both SVPs of the division, too. – Business Wire
Medical Properties Trust settles with Steward
Birmingham-based Medical Properties Trust has reached a deal with Steward Health Care System, which filed for bankruptcy in May, to restore MPT’s control over its real estate and sever its relationship with the troubled Steward chain. The settlement involves 23 hospitals previously operated by Steward. – Market Watch
3 Mobile buildings for sale for $3.7 million
Three buildings in downtown Mobile are for sale together for $3.7 million. The buildings on St. Louis Street house the Cheese Cottage, Wingman Brewing Company and BoHayden’s. The sale is being handled by Birmingham-based commercial real estate operator Shannon Waltchack. – Bama Buzz