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    Skilled nursing facilities in Birmingham, Butler, Montgomery, Selma, Montrose Bay acquired by Montreal-based real estate investor paired with Blue Ridge Healthcare – Birmingham Business Journal

    Several skilled nursing facilities in Alabama changed hands in March. Five skilled nursing facilities in Birmingham, Butler, Montgomery, Selma, and Montrose Bay were acquired by a Montreal-based real estate investor paired with Blue Ridge Healthcare, a Florida-based regional operator. Advisory firm for seniors housing and healthcare real estate, Blueprint Healthcare Real Estate Advisor, represented the seller in the transactions — the company’s first seniors housing venture in Alabama. Brooks Blackmon of Montgomery led the transactions. Blueprint Healthcare’s transaction volume in Alabama now totals more than $71 million in the last 11 months. Source Article

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    Millennials are buying a lot more homes than you think

    Flickr/Brent and Amanda I There’s a popular myth that says millennials are destined to be a generation of renters.Millennials are actually the reason the homeownership rate has increased over the past year.Birmingham, Alabama has seen the biggest increase in millennial home buying over the past year. It’s a popular myth – the millennial generation is destined to be a generation of renters – avocado toast, anyone? With student loan debt burdens, the scars of the Great Recession, and limited housing supply, the myth is rooted in some real challenges for millennials. However, despite these challenges, millennials are not only interested in homeownership, they are the primary reason that the homeownership…

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    Birmingham Realtors & Greater Alabama MLS welcome new CEO

    The Birmingham Association of REALTORS (BAR) Board of Directors welcomes Dr. Dawn Kennedy as CEO of the nearly 4,000-member association and its multiple listing service. She begins her position as Association Executive on March 19. "These are exciting times," said 2018 BAR President Kim Mangham-Barelare. "We’ve chosen a CEO who will take us to new heights." Mangham-Barelare said she is impressed with Kennedy’s passion for the real estate industry and her dedication to providing quality education and services to members. "She is a burst of energy and sunshine, someone who is always looking for ways to improve relations and to grow the individual agents, whether they be residential or commercial…