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KRE Ventures Flips Downtown Birmingham Apt. Complex for $11.9 Million

Engel Realty Purchases Recently Completed Iron City Lofts
By Miles Sadler
November 9, 2017 | 3:20 P.M.

Property developer KRE Ventures has sold the company's recently completed Iron City Lofts apartment complex in downtown Birmingham, AL to local firm Engel Realty Co. for $11.85 million, or roughly $169,000 per unit.

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