UAB center closing over ‘inability to make payments’
The University of Alabama at Birmingham’s $50 million Proton International Center is closing for what the university says is center partner Proton International’s “inability to make payments” to various entities. The cancer treatment center opened in 2020. – AL.com
Nearly $50 million in financing secured for development of historic Birmingham building
Ascent Hospitality has secured $49.8 million of construction financing to build an AC & Element hotel in the historic Brown Marx Tower in downtown Birmingham. The investment firm Peachtree Group secured the financing. – Bham Now
NASA grant will let UAH research space, lightning
A $402,000 grant from NASA to the University of Alabama in Huntsville will go to researchers studying how lightning detected in space relates to thunderstorm strengthening. The research is being conducted at UAH’s Earth System Science Center. – University of Alabama in Huntsville
Reli Title has opened a new office in Alexander City. The new office will help the company be positioned for the demand for lakefront real estate on Lake Martin, Reli says. – The Outlook
