Real Estate Sales & Development

Real Estate Roundup

April 30, 2021
In

According toAL.com, a Birmingham investment group paid $15 million for the newly opened Mirabella Apartment complex at 1910 East 1st Street in Gulf Shores, according to Frank Malone and Troy Wilson of Bellator Real Estate & Development, who represented the buyers. The 96-unit gated complex is one-third rented after opening three weeks ago, according to…

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Timber Ridge Apartments Sold

April 30, 2021
In

The 320-unit Timber Ridge apartment complex in Mobile has been acquired by a pair of investment firms, Legacy Capital Partners, based in Cleveland, and Morrison Avenue Capital Partners, based in Tampa, according toBusiness Alabama. This is Legacy’s third joint venture and fourth asset acquired with Morrison Avenue in Alabama. Since its founding in 2004, Legacy…

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Local Exit Realty Offices Hire

April 30, 2021
In

LocalEXIT Realty-affiliated offices have added Darcie Carlton, Joseph Lyons and Bubba Ward to the EXIT Allstar Gulf Coast Realty at 28600 Highway 98, Suite K in Daphne. Additionally, Lacey Valdez, Pattie McGill and Millie Kate Schlautman have joined EXIT Realty Lyon in Fairhope at 8 South Church Street in Fairhope.

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Baldwin Realtors Helps Nursing Homes Celebrate Easter

April 23, 2021
In

The Baldwin REALTORS Community Service Committee, made up of 26 volunteers representing more than 20 local brokerages in South Alabama, has prepared and distributed more than 1,000 gift bags to the residents of all 20 Baldwin County nursing homes and care facilities. Each office prepared a minimum of 50 gift bags, with some contributing more…

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Mobile Real Estate Roundup

April 23, 2021
In

According to AL.com, a 2,500-ft2 office building at 653 Government Street in downtown Mobile was purchased by investors for $410,000, according to Richard Weavil of The Weavil Co., who handled the transaction. Also in Mobile, P.S. Taco Co. has leased 1,800 ft2 in Rangeline Crossing, a new retail strip center development at 5000 Rangeline Crossing…

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Local Agent to Serve on Alabama Real Estate Commission

Local Agent to Serve on Alabama Real Estate Commission

April 23, 2021
In

Bellator Real Estate & Development’s West Mobile Branch Manager Don Jones has been appointed by Gov. Kay Ivey to serve on the Alabama Real Estate Commission, the Eastern Shore Chamber of Commerce announced. The commission is tasked with serving the public through the licensing and regulating of real estate agents to ensure excellence in the…

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Real Estate Roundup

April 16, 2021
In

According to AL.com, a local investment group paid $840,000 for a 9,000-ft2 office building at 501 Bishop Lane in Mobile, according to Richard Weavil of The Weavil Co., who represented the seller. Richard Inge of Inge Properties worked for the buyers. Also in Mobile, an out-of-town investor paid $340,000 for 3200 and 3202 Old Shell…

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Gulf Coast Realtor is Top Producer

April 16, 2021
In

Clint Flowers, ALC, was recently named National Land Realty Top Producer Nationwide for 2020. Flowers is the managing broker for National Land Realty throughout the Gulf Coast region. He also won the honor in 2016, 2017, 2018, and 2019; was named the Alabama Land Agent of the Year in 2019; is a three-time recipient of…

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Baldwin County March Housing Report – Best Numbers Yet

April 16, 2021
In

Baldwin REALTORS® Multiple Listing Service (MLS) started reporting “Traditional Residential”- and “Resort/Island”-based statistics separately in February 2020. Since then, March 2021 has produced the highest average sales price for both categories, and the combined total properties of 956 is the highest seen since Baldwin MLS began its monthly reporting in 2017. Along with the high…

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Berkshire Hathaway Announces Major Sales

Berkshire Hathaway Announces Major Sales

April 9, 2021
In

Berkshire Hathaway HomeServices Cooper & Co. Inc. has announced Otto Brewer’s purchase of two office warehouse buildings totaling more than 33,400 ft2 on 5.3 acres at 3927 and 4001 Halls Mill Road in Mobile for $850,000 to a private investor. David Cooper of the company’s commercial division worked with the buyer and represented the seller.…

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