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Financings Spur Value-Add Investment for Birmingham Apartments

JLL’s Capital Markets experts today announced the firm provided financing for the acquisition of Goodall-Brown Lofts and Fix Play Lofts, two multifamily assets located in Birmingham, Alabama. Highland Real Estate Capital purchased the buildings. More...

Alabama Real Estate Investor Pleads Guilty to Mail Fraud Conspiracy Involving Foreclosed Homes

An Alabama real estate investor pleaded guilty for his role in a conspiracy to commit mail fraud at public real estate foreclosure auctions held in southern Alabama, the Department of Justice announced today.

Castle Lanterra Properties kicks off resident academic scholarship program

Castle Lanterra Properties (CLP) has launched an academic scholarship program to provide opportunities for its tenants at the company's residential properties throughout the east, south and midwestern U.S., announced Elie Rieder, founder and CEO of the New York-based, privately-held real estate company

Agriculture Secretary Vilsack Announces $4.9 Million in Investments for Rural Alabama Businesses and Community...

U.S. Agriculture Secretary Tom Vilsack is in Alabama today to announce $4.9 million in new funding for projects that will protect public safety and health, improve water and wastewater infrastructure and create expanded economic opportunities in rural Alabama.

Byrne Offers Amendment to Cut Over $1 Billion in Spending

Congressman Byrne’s amendment would eliminate all funding for the Department of Energy’s Energy Efficiency and Renewable Energy (EERE) program. The program funds research and development of “clean-energy” technologies. Congressman Byrne believes the program to be unnecessary government influence in the free market and a waste of taxpayer dollars

The Boulder Group Arranges Sale of Net Leased CVS Property Located in Mobile, Alabama

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant CVS property located at 2280 Martin Luther King Jr. Avenue in Mobile, AL for $3,856,462. The 10,195 square foot retail building is located on 2.15 acres of land. The property is positioned at the signalized intersection of Dr. Martin Luther King Jr. Avenue and South Craft Highway.

Free Financial Literacy Workshops

Join us for free workshops to empower you and your family to build a stronger financial foundation. All workshops are held at the Lifelines Counseling Services office, 705 Oak Circle Dr E, Mobile, 36609. Due to limited space, please call 251-602-0011 to register in advance for the workshops.

Alabama Real Estate Investor Pleads Guilty to Conspiracy to Commit Mail Fraud

An Alabama real estate investor pleaded guilty yesterday for his role in a conspiracy to commit mail fraud related to public real estate foreclosure auctions held in southern Alabama, the Department of Justice announced today.

Two Alabama Real Estate Investors and Their Company Plead Guilty to Conspiracies to Rig...

WASHINGTON, DC - December 13, 2012 - (RealEstateRama) -- Two Alabama real estate investors and their company pleaded guilty today for their roles in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama, the Department of Justice announced.

Alabama Real Estate Investor Pleads Guilty to Conspiracies to Rig Bids and Commit Mail...

WASHINGTON, DC - July 25, 2012 - (RealEstateRama) -- An Alabama real estate investor pleaded guilty today for his role in conspiracies to rig bids and commit mail fraud at public real estate foreclosure auctions in southern Alabama, the Department of Justice announced

CONGRESSMAN BACHUS USA TODAY COLUMN ON PRESIDENT’S NEW HOUSING PLAN

WASHINGTON, DC - February 9, 2012 - (RealEstateRama) -- Congressman Spencer Bachus (AL-6) said that more jobs and more private-sector investment, not more failed government programs, are what's needed to help struggling homeowners.

PCCP, LLC and B&M Management Company Form Joint Venture for the Acquisition of a...

New York, NY - August 3, 2011 - (RealEstateRama) -- PCCP, LLC announced today it formed a joint venture with Montgomery, AL-based B&M Management Company to acquire The Reserve at Research Park, a 736-unit Class B multifamily property located at 6200 Rime Village Dr. in Huntsville, AL. The property was purchased in an off-market transaction.

Grand Opening of Jordan’s Gate Creates 48 Affordable, Single-Family Homes for Families in Opelika,...

OPELIKA, AL - June 3, 2009 - (RealEstateRama) — Local families showcased their new homes as part of the grand opening celebration for Jordan’s Gate, a 26-acre, newly built community of 48 single-family homes for low-income residents in Opelika, Ala. Located in the Jeter neighborhood, the $9.3 million development is the result of a partnership between Enterprise Community Partners, Enterprise Community Investment, Inc. (Enterprise), The Bennett Group LLC, the Greater Peace Baptist Church and the Greater Peace Community Development Corporation (GPCDC). In addition to the homes, the site includes a clubhouse, playgrounds, and fitness and computer centers for residential use.

Housing at Its Most Affordable Level in Four Years

AL - September 5, 2008 - (RealEstateRama) — Housing affordability improved from April to June of this year for the third consecutive quarter, according to the most recent survey results of the NAHB/Wells Fargo Housing Opportunity Index HOI), which were released on Aug. 19.

HUD CHARGES ALABAMA MOBILE HOME PARK OWNERS WITH DISCRIMINATING AGAINST FAMILIES WITH CHILDREN

WASHINGTON, D.C. - Jun 27, 2008 - (RealEstateRama) — The U.S. Department of Housing and Urban Development announced today that it has charged Pina and Arthur Witherington, joint owners, agents and managers of Pina's Mobile Home Park in Daphne, Alabama, with discriminating against families by charging additional rental fees to families with children, and limiting the number of children allowed to occupy a mobile home.

Alabama Home Sales Increase in May

AL, Jun 26, 2008 - (RealEstateRama) — May 2008 home sales in Alabama increased 14.20 percent from the prior month. As anticipated within the industry, year—over—year sales remain below seasonal norms with total statewide home sales of 4,569 units during May, a decline of 22.81 percent representing 1,350 fewer homes sold compared to May of last year.

Local Home Sales Pace Picks Up

Homes sales around Montgomery remained well below 2007 levels in March, but the pace picked up compared to February, pointing to a seasonal shift in sales.According to the Alabama Center for Real Estate at the University of Alabama, Realtors sold 416 homes in the Montgomery area last month, more than 100 fewer than last year, but more than the 340 sold in February

Annual ‘Best Places to Live in Rural America’ Rankings Released

The Progressive Farmer magazine crowns Maryland's Kent County and nine other best rural places to live based on their ability to thrive-even during struggles-among other quality-of-life statistics.

Online Home Auction Leader Posts Record-Breaking 2007 Despite Year of Real Estate Decline

A growing acceptance of technology and the ability to sell properties quickly have made RealtyBid.com an innovator within the real estate industry

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City of Mobile to Unveil New Future Land Use and Major...

As directed by the Map for Mobile, the City of Mobile is unveiling the new Future Land Use Map and Major Street Plan on Thursday, April 6, at 6 pm in the gymnasium of Government Street Baptist Church, located at 3401 Government Boulevard. The City is also hosting a zoning workshop to gain further feedback from citizens on the zoning framework.