Alternative lender 3650 REIT has provided $49.5 million of financing to fund the completion of the Gabriel, a 288-unit apartment property that is being built in Madison, Ala., by Hillcrest Acquisitions LLC. Hillcrest, a family office in Spring Valley, N.Y., is building the property on an 18.5-acre parcel at 1542 Balch Road. It started construction […]

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