Real Estate Sales & Development
Renovation Project To Upgrade Senior Housing In Mobile
MOBILE, Ala. — An affiliate of ALCO Management Inc. recently closed on financing to fund a $10-million renovation of Cathedral Place Apartments, a 47-year-old affordable...
Eslava Creek Parkway Office Property Sold
MOBILE, Ala. — Mike Reid of Merrill P. Thomas Co. represented both the seller (Biao Xu) and buyer (RPM Investments) in the sale of the...
West Mobile Apartment Complex Sold
MOBILE, Ala. — Park West, a 278-unit apartment property off Hillcrest Road in Mobile, was acquired by Morrison Avenue Capital Partners, a Tampa-based investment group,...
Stoneriver Sells Three Mobile Properties
MOBILE, Ala. — Birmingham-based StoneRiver Co. has sold three properties in Mobile purchased as part of its first fund in 2016, Business Alabama reported. The...
Bellator Adds Five Realtors
BALDWIN COUNTY, Ala. — Bellator Real Estate & Development has hired five new REALTORS for its Fairhope, Gulf Shores and Eastern Shore offices. They are...
Baldwin County June Real Estate Update
BALDWIN COUNTY, Ala. — Baldwin REALTORS Multiple Listing Service (MLS) reports decreases this past month (from June 2021) in the total sales volume for the...
Container Shipping Company Signs Lease In Mobile
MOBILE, Ala. — SRS Real Estate Partners ’ Birmingham office has announced a new lease for Cleveland-based ContainerPort Group, Inc. , which will be occupying 3,000 ft2 in...
Mobile Area Residential Real Estate Update
MOBILE, Ala. — According to the Mobile Area Association of Realtors and reported by Alabama Newscenter, May home sales in the area increased 5.6% year-over-year,...
Inspect Mobile Hires CRT-Trained Inspector
MOBILE, Ala. — Inspect Mobile, LLC, recently announced that it added Michael Werneth as a home inspector. Werneth is a newly licensed home inspector who...
Dauphin Street Property Sold As Investment
MOBILE, Ala. — Local investors purchased a 2,200-ft2 condominium unit in Dauphin Center Office Plaza at 2864 Dauphin Street in Mobile. Dauphin Center Office Plaza...
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