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Industry News

Mortgage Applications Rise in Latest Week


Alabama residential sales improve 2 percent in July

By Alabama Center for Real Estate (ACRE)

Appraisal Institute Unveils New Educational Offering For Reviewers

By R. Shawn Brantley, Brantley & Associates

Jobless Claims in U.S. Have Dropped About as Much as They Can

By Victoria Stilwell, Bloomberg News The four-week claims average as a share of the workforce stood at 1.6 percent at the end of last month. The record low was reached in May 1969 at 1.2 percent. In more recent times, the low was in April 2000 at 1.4%.

How a Zillow-Trulia Merger Could Finally Change the Business of Real Estate

By Brad Stone, Bloomberg Businessweek, Technology

Industry News

Four Operating C-stores Up for Grabs in Alabama

CHICAGO - NRC Realty & Capital Advisors LLC is coordinating the sale of four Alabama convenience stores with gas and one retail pad site.  The c-stores are located in Greenville, Luverne, Ozark, and Prattville, while the B2-zoned pad site is located in Evergreen, directly off Interstate 65.

The store sizes range from 1,800 square feet to 5,150 square feet, on sites that range from 1.21 acres to 2.8 acres.  The pad site's land size is 26,250 square feet.  All of the sites are being sold with real estate and without fuel supply or fuel brand. 

"This sale offers some great opportunities for qualified dealers and distributors", said NRC Executive Director Evan Gladstone.  "Anyone operating in or interested in this market should take a serious look at these sites."

The sale is being conducted through NRC's "buy one, some or all" sealed bid process.  Information on the sites can be found at www.nrc.com/1307 or by calling NRC customer service at (800) 747-3342, ext. 1307.  A site-specific Property Specific Package (due-diligence package) is available for download online from the NRC website.

The bid deadline is Tuesday, Oct. 8. 

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