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Timberland Partners acquires Pell City apartment complex

Timberland Partners has purchased Maple Village Apartments in Pell City, the first property acquired as part of its $75 million Apartment Fund IX.

StoneRiver Co. re-enters Texas market with acquisition

Birmingham-based StoneRiver Co. has acquired Magnolia Grove, a 270-unit apartment community outside of Dallas.

Gardendale’s $30 million Easterwood Apartment construction complete

Dobbins Group and Capstone Building Corp. partner on the $30 million, 204-unit apartment complex that features amenities like a saltwater pool.

New use coming for vacant Rite Aid location

NAI Chase Commercial has sold a former Rite Aid property at the intersection of U.S. Highway 31 and Valleydale Road for $1.85 million.

StoneRiver Co. sells Rise at Signal Mountain Apartments

Birmingham-based real estate firm StoneRiver Co. has owned the 280-unit apartment complex in Chattanooga since early 2020.

Arch Companies acquires three Birmingham-area apartment properties

This is the third acquisition in Alabama for Arch Companies, which is expanding its southeastern footprint.

Roberts Brothers acquires Dauphin Island vacation rental group

Mobile-based Roberts Brothers Inc. has acquired ACP Real Estate Inc, including its ACP Vacation Rentals, expanding the Mobile real estate firm’s presence on Dauphin...

Ribbon enters the Alabama real estate market

Ribbon is expanding its presence to Alabama, focused on home ownership in Birmingham and Huntsville. Ribbon is a home ownership company that works with Realtors...

Alabama Association of Realtors leads charge to defeat federal eviction moratorium

On Sept. 4, 2020, the Centers for Disease Control and Prevention (CDC) issued an order to temporarily halt residential evictions in an effort to...

Commercial real estate remains steady in Alabama

Alabama’s residential real estate market is hot. We get that. It’s in all the news. What has not made headlines is the commercial property...

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