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Commercial real estate market slowdown

Pandemic disruptions and financial headwinds have left the commercial real estate market creeping along.

Huntsville is booming

All types of real estate are under construction across Huntsville — trying to keep up with job growth that is outpacing the nation.

Auburn adds the Institute for Real Estate Development

Building on its strengths, Auburn University is opening the Institute for Real Estate Development.

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...

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