September 20, 2017
Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.
Coastal Ridge Real Estate, in partnership with M Group, acquired The Village at Lakeshore Crossings in Birmingham, AL from a Philadelphia-based private investor for $40 million. The 264-unit, Class A apartment community, located on 19 acres at 251 London Parkway, is the Columbus, OH firm’s first acquisition in Alabama and seventh acquisition in partnership with Birmingham, MI-based M Group.
Coastal Ridge Real Estate’s Patrick McBride says, “We will look to grow our portfolio in Alabama and other key Southeast markets through acquisitions and third-party property management assignments.”
Built in 2013, The Village at Lakeshore Crossings offers 84 one-bedroom/one-bathroom units, 132 two-bedroom/two-bathroom units and 48 three-bedroom/two bathroom units. The community features a resort-style pool, outdoor kitchen, outdoor fireplace and lounge area, clubhouse, media room, fitness room, business center, hammock lounges, pet park, pet wash and walking trails.
For comments, questions or concerns, please contact Dennis Kaiser