News
SELLIN' AT CITY FED
March 28, 2011
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| Carter has sold off almost half of its condo redevelopment in Birmingham. That's the word from the firm, which says it sold 12 units—40% of the offering—at its City Federal Condominiumsdowntown. This past October, Carter acquired the note on the project, a 27-story, mixed-use building that included 84 condo units—28 of which were unsold—and 15k SF of retail. The historic property, formerly known as Jefferson County Savings and Loan Building, was reverted to Carter's control in lieu of foreclosure. |
