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Fowler Property Acquisitions Pays $14.7M for 213-Unit Birmingham Community

Engel Realty-Led Venture Sells River Place on the Cahaba Apts.
By Joshua Griffin
July 30, 2015 | 2:07 P.M.

Fowler Property Acquisitions, a California-based investment firm, acquired the 213-unit River Place on the Cahaba Apts. from Engel Realty Co. and its joint venture partners for $14.7 million, or about $69,000 per unit.

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IN THIS ARTICLE


  • Properties
    • The Kenzie

      4501 Old Caldwell Mill Rd, Birmingham, AL