Riverchase Landing: Difference between revisions
(Shuffling apartment categories) |
No edit summary |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
'''Riverchase Landing''' is a 468-unit apartment complex off [[River Haven Drive]] in [[Hoover]]. | '''Riverchase Landing''' is a 468-unit apartment complex off [[River Haven Drive]] in [[Hoover]]. The complex was constructed between [[1984]] and [[1992]]. Its units average 1,594 square feet. Additional features include three swimming pools and a pair of tennis courts. The roads within the complex are known as '''River Haven Lane''' and '''River Haven Circle'''. | ||
In January 2012, the complex was acquired by Massachusetts-based Colony Hills Capital LLC, making it the company's first [[Alabama]] apartment complex. | In January 2012, the complex was acquired by Massachusetts-based Colony Hills Capital LLC for $28 million, making it the company's first [[Alabama]] apartment complex. They sold it for $39.2 million to a group including ApexOne Investment Partners, Balfour Beatty Communities and Torchlight Investors in [[2018]]. Balfour Beatty announced plans to upgrade interior and exterior finishes and amenities. | ||
A fire, apparently caused by lightning, damaged one 20-unit building in the complex in July [[2018]]. Kushner Properties of New York City acquired the complex in [[2021]] for $67.1 million. | |||
== References == | == References == | ||
* Poe, Ryan | * Poe, Ryan (January 3, 2012) "Hoover's Riverchase Landing sold for $28 million." {{BBJ}} | ||
* Godwin, Brent (March 28, 2018) "Large Hoover apartment property sold." {{BBJ}} | |||
* Mann, Joshua (October 29, 2021) "Kushner closes Hoover multifamily deal for $67.1 million." {{BBJ}} | |||
[[Category: | [[Category:Hoover apartments]] | ||
[[Category:River Haven Drive]] | |||
[[Category:1992 buildings]] | |||
Latest revision as of 11:43, 4 November 2021
Riverchase Landing is a 468-unit apartment complex off River Haven Drive in Hoover. The complex was constructed between 1984 and 1992. Its units average 1,594 square feet. Additional features include three swimming pools and a pair of tennis courts. The roads within the complex are known as River Haven Lane and River Haven Circle.
In January 2012, the complex was acquired by Massachusetts-based Colony Hills Capital LLC for $28 million, making it the company's first Alabama apartment complex. They sold it for $39.2 million to a group including ApexOne Investment Partners, Balfour Beatty Communities and Torchlight Investors in 2018. Balfour Beatty announced plans to upgrade interior and exterior finishes and amenities.
A fire, apparently caused by lightning, damaged one 20-unit building in the complex in July 2018. Kushner Properties of New York City acquired the complex in 2021 for $67.1 million.
References
- Poe, Ryan (January 3, 2012) "Hoover's Riverchase Landing sold for $28 million." Birmingham Business Journal
- Godwin, Brent (March 28, 2018) "Large Hoover apartment property sold." Birmingham Business Journal
- Mann, Joshua (October 29, 2021) "Kushner closes Hoover multifamily deal for $67.1 million." Birmingham Business Journal