Parkview Financial has provided $22.5 million of financing against the 140,000-square-foot office building at 2225 3rd Ave. North in Birmingham, Ala. The loan is designed to allow the property’s owner, EPT Holdings LLC, an investor group including LMS Investment Management of Birmingham, to redevelop the five-story property into apartments. EPT, which also includes local developer […]
The post Parkview Lends $22.5Mln for Redevelopment of Birmingham, Ala., Building to Apartments appeared first on Commercial Real Estate Direct.
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