WIRE News through 5/14                                                                Volume 5, Issue 18
WIRE Compliments of ACRE Corporate Cabinet 
Alabama & the United States
Historic tax credit extension dies, but supporters gear up for 2017 push (BBJ)
How to win at brokerage: Tips from ACRE Leadership Council member Jerome T. Moore (AL.com)
TVA rejects preliminary offer on Alabama nuclear site (BBJ)
A look at some of Alabama's "dead and dying" malls (AL.com)
AT&T pledges to hire 10,000 more veterans by 2020 (AL.com)
Krispy Kreme sold to German company, will keep HQ in North Carolina (AL.com)
North Alabama - Huntsville, Florence, Gadsden, Muscle Shoals, Cullman
ACRE Report: Gadsden home sales enjoy 23.5 percent March uptick year-over-year (Alabama Newscenter)
Public sector leads the way in economic development: $200 million in new public school construction stimulates Huntsville economy (AL.com)
Remington to consolidate Kentucky plant in Alabama, job impact unknown (AL.com)
Kmart closure opens opportunity for new retail on valuable property
Townson talks retail growth, road repaving
Kroger hiring 700 employees in Nashville region, including north Alabama stores (AL.com)
North Central - Birmingham Metro, Anniston, Walker County
Vestavia entertainment district eyes First Friday events (BBJ)
Hoover zoning board approves plans for huge residential development (BBJ)
MAKEbhm building on previous success in Alabama's Magic City (Alabama Newscenter)
High ore line latest addition to Jefferson County trail network (Alabama Newscenter)
Berkshire Hathaway home building company plans Birmingham event (BBJ)
Downtown Birmingham building may change hands again (BBJ)
Charlotte-based auto body company plans multiple Birmingham locations (BBJ)
How does Birmingham's rent price growth compare to other cities? (BBJ)
Chicken chain plans more Birmingham restaurants (BBJ)
Magic City capitalizes on British couple's Birmingham airport mistake (BBJ)
Birmingham's Cooper Green Baseball Complex a home run for those with disabilities (Alabama Newscenter)
Birmingham may rename prominent street 'Wille Mays Drive' (BBJ)
Birmingham named best city in Alabama to start a career (BBJ)
Woodlawn mixed-income apartment development opens (AL.com)
South Central - Montgomery, Auburn, Lake Martin, Phenix City
A look inside Knox Hall, Donald Trump campaign's Alabama HQ (Alabama Newscenter)
Coca-Cola Bottling Co. opens new $35 million distribution center, warehouse in Montgomery (AL.com)
Bishop-Parker sells historic downtown building
June Collier Fletcher estate to be auctioned 
West Alabama - Tuscaloosa
Springbrook residents don't want strip mall-type business to overtake their neighborhood 
University Blvd. in Tuscaloosa seeing multiple road closures, learn how to avoid delays (AL.com)
Tuscaloosa Housing Authority executive to chair Alabama State University BOT
Tuscaloosa's 2011 tornado scar is fading away
Parking changes proposed in downtown Tuscaloosa
'Butler Cabin' property among real estate set for June auction
Wiregrass - Dothan, Troy, Andalusia
ACRE Report: Wiregrass area March home sales up 15 percent over the same period a year ago (Alabama Newscenter) 
Dothan Chamber of Commerce launches networking group for businesses
 Eagle Eye Outfitters owners share experiences in retail during Dothan chamber luncheon 
Gulf Coast - Mobile, Baldwin County, Gulf Shores
ACRE Report: Gulf Coast condo market holds steady in March (Alabama Newscenter)
ACRE Report: Baldwin County year-to-date home sales up 1.4 percent in March (Alabama Newscenter)
Foley looks to sports complex, event center to ignite tourism near Alabama beaches (Alabama Newscenter)
Peak Campus to manage Alabama student housing
Big bucks being invested at the Gulf and Mobile (AL.com)
Mobile city council committee scrutinizes Bel Air incentives (AL.com)
Nashville burn: Hot chicken comes to Mobile, courtesy of Bishop's (AL.com)
Meet Mobile's mother-daughter 'fixer-uppers' (AL.com)
News from Alabama's Real Estate Organizations
Cabinet Member Highlight
Grandbridge Real Estate Capital LLC, based in Charlotte, N.C., is one of the nation's largest full-service commercial real estate finance firms. With offices located throughout the country, Grandbridge services a growing multi-billion dollar loan portfolio and provides financing as well as consulting and advisory services for all types of commercial and multifamily real estate on a national basis. Grandbridge's origination platform is comprised of 200+ highly experienced professionals located across the country. We stand apart from other financial service firms in that we believe that local market expertise, an excellent understanding of the various property types, and in-depth information on the national commercial real estate environment enables us to provide superior capital solutions for our clients.
 
ACRE Wire Exclusive 
ACRE Wire Exclusive is an opportunity for industry experts in ACRE's CorporateCabinet 
and Leadership Council to reach a new audience each week with powerful and compelling material pertinent to Alabama's real estate and business world

Huntsville office market continues slow, steady turnaround
With Leadership Council Member Bart Smith of Graham & Co.
The Huntsville office market continued its slow and steady turnaround during 2015. According to Graham & Company's 2015 Huntsville Real Estate Market Report, the office sector in the Rocket City witnessed its fourth consecutive year of vacancy growth, but a positive absorption of 164,000 square feet during the year could be a sign the metro is on the rebound.
 
READ THE FULL STORY HERE
Education & Networking Opportunities

May 17-18
RE License Exam Cram Course 
June 8
CE "Risk Management 1: Avoiding Violations" & "Lease vs. Own" at The Club Ballroom Learn More





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ACRE's core purpose is to advance the real estate industry in Alabama by providing relevant resources in the areas of research, education and outreach.