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...

Covenant One Realty Moves To Mobile

MOBILE, Ala. — Covenant One Realty, which is owned by Tyler Kitchens, has moved its office from Batesburg, South Carolina, to Mobile with an office...

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...

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