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Public REIT Acquires 80% Stake in Suburban Birmingham Apartments for $43 Million

Somerset Partners Recapitalizes 328-Unit Somerset at Trussville Apartments
Somerset at Trussville Apartments was built in 2007. Photo: CoStar
Somerset at Trussville Apartments was built in 2007. Photo: CoStar
By Cole Heckel
June 7, 2019 | 2:14 P.M.

Private investment firm Somerset Partners has recapitalized a 328-unit apartment complex in suburban Birmingham, Alabama, dubbed Somerset at Trussville Apartments.

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News | Public REIT Acquires 80% Stake in Suburban Birmingham Apartments for $43 Million