Stoneridge Apartments: Difference between revisions
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'''Stoneridge Apartments''' (formerly '''Alden Apartments''') is a 176-unit apartment complex located at 500 [[Palisades Drive]], north of [[Palisades Boulevard]] in [[Birmingham]]'s [[Glen Iris]] neighborhood. | '''Stoneridge Apartments''' (formerly '''Campus Heights''', '''Collegiate Hall''', '''The Heights''', '''University Heights''' and '''Alden Apartments''') is a 176-unit apartment complex located at 500 [[Palisades Drive]], north of [[Palisades Boulevard]] in [[Birmingham]]'s [[Glen Iris]] neighborhood. | ||
Saban Real Estate, a division of Saban Capital Group of Los Angeles, California, acquired the property | The complex was developed in [[2001]] by American Campus Communities as student apartments. All units had three bedrooms, each furnished with a private bath. | ||
Saban Real Estate, a division of Saban Capital Group of Los Angeles, California, acquired the property in [[2016]] for $20.3 million. | |||
Two Waters Capital Management of Atlanta, Georgia purchased it from them in [[2021]] for $16,250,000. They renovated the complex as conventional apartments and adopted the present name. | |||
==References== | ==References== | ||
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[[Category:Southside apartments]] | [[Category:Southside apartments]] | ||
[[Category:Palisades Drive]] | [[Category:Palisades Drive]] | ||
[[Category:2001 buildings]] | |||
Latest revision as of 16:57, 23 July 2021
Stoneridge Apartments (formerly Campus Heights, Collegiate Hall, The Heights, University Heights and Alden Apartments) is a 176-unit apartment complex located at 500 Palisades Drive, north of Palisades Boulevard in Birmingham's Glen Iris neighborhood.
The complex was developed in 2001 by American Campus Communities as student apartments. All units had three bedrooms, each furnished with a private bath.
Saban Real Estate, a division of Saban Capital Group of Los Angeles, California, acquired the property in 2016 for $20.3 million.
Two Waters Capital Management of Atlanta, Georgia purchased it from them in 2021 for $16,250,000. They renovated the complex as conventional apartments and adopted the present name.
References
- Coker, Angel (July 23, 2021) "Two Waters closes $16.25M acquisition of Bham apartment community." Birmingham Business Journal