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Real estate roundup: Shelby complex sells for $14M

category:Clubs and Organizations website:More Info posted:February 10th, 2012
A limited liability group backed by Rime Management Group Inc. recently sold a Shelby County apartment complex for $14 million, public records show. Birmingham-registered Weatherby Manor LLC just sold the 240-unit Kensington Manor in Calera to Landmark at Lancaster Place LP of Jupiter, Fla., for $14 million after buying the apartments for nearly $5.7 million in 2007 from Seil Ho LLC, according to public records. David Oakley of Hendricks & Partners’ Alabama office represented the seller and Tom

Read more at Birmingham Business News - Local Birmingham News | Birmingham Business Journal

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