Local firm in on Birmingham apartments acquisition
By Geert De Lombaerde Posted on November 19, 2009 at 10:50 am
Low-profile investment firm Carter-Haston has partnered with an Ohio company to acquire a 414-unit apartment complex on the south side of Birmingham. The two companies paid Colonial Properties Trust almost $25 million for the 15-year-old property.
Tags: acquisitions, Alabama, apartments, Carter-Haston Real Estate Services Inc., commercial real estate, Core Properties LLC, residential real estate
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