Chapter News

UAB, UA Board of Trustees Agree to Lease Terms for New Downtown Stadium

On 05, Jul, 2018

The city of Birmingham has agreed to build a new stadium to the tune of $174 million as a part of a $300 million expansion to the BJCC. Now, the terms have been revealed for what UAB will pay as a tenant. In order to use the stadium, UAB will pay $25,000 per home football …

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How Secondary Markets for Commercial Office Space Are Improving

On 03, May, 2018

Today’s market is dominated by one word: capital. There are many investors in the national market looking for places to park their capital, and commercial office space is one of the more promising repositories for said capital. However, primary markets in major metro areas like New York City, Chicago, and Los Angeles are becoming oversaturated. …

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Alabama’s Opportunity Zones Announced by Governor Ivey

On 05, Apr, 2018

The Tax Cuts and Jobs Act of 2017 established “Opportunity Zones,” which are certain low-income communities that qualify for incentives to attract investment dollars. The idea behind these zones is to attract investment capital to areas that frequently aren’t recipients of outside investment. The Act left it up to the states to determine which communities …

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Will 2018 Be a Good Year for Multifamily Housing?

On 04, Jan, 2018

2017 was a good year for national multifamily housing. In the summer, the national vacancy rate stood at just 4.4 percent amid a strengthening job market, lower unemployment rate, higher cost of homeownership, and a modest but noticeable growth in household income. Now, at the beginning of 2018, it’s prudent to look ahead to see …

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