The Lory of Hoover: Difference between revisions
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In [[2018]] the Frankforter Group of Montreal, Quebec acquired the complex from Elmington Capital Group of Nashville, Tennessee for $12.5 million. In November [[2020]] Lexerd Capital Management of Summit, New Jersey purchased the complex for $14 million. | In [[2018]] the Frankforter Group of Montreal, Quebec acquired the complex from Elmington Capital Group of Nashville, Tennessee for $12.5 million. In November [[2020]] Lexerd Capital Management of Summit, New Jersey purchased the complex for $14 million. | ||
On [[December 20]], [[2021]] a fire destroyed 8 units in one of the complex's buildings. No one was injured. | On [[December 20]], [[2021]] a fire destroyed 8 units in one of the complex's buildings. No one was injured. A fire that occurred on [[July 5]], [[2022]] resulted in nine injuries. | ||
==References== | ==References== | ||
* Van der Bijl, Hanno (December 7, 2020) "Hoover apartment community changes hands for $14M." {{BBJ}} | * Van der Bijl, Hanno (December 7, 2020) "Hoover apartment community changes hands for $14M." {{BBJ}} | ||
* Robinson, Carol (December 20, 2021) "‘Everything’s gone’: Fire guts 8 homes at southern Jefferson County apartment complex." {{BN}} | * Robinson, Carol (December 20, 2021) "‘Everything’s gone’: Fire guts 8 homes at southern Jefferson County apartment complex." {{BN}} | ||
* Koplowitz, Howard (July 5, 2022) "5 children among 9 injured in Hoover fire as trapped victims jump to escape flames." {{BN}} | |||
Latest revision as of 15:32, 5 July 2022
The Lory of Hoover (formerly Emerald Pointe Apartments) is a 192-unit apartment community adjoining Aldridge Gardens at 2149 Emerald Pointe Drive, off of Old Rocky Ridge Road, southeast of the I-65 / I-459 interchange.
The complex was constructed in 1970 and includes a clubhouse, laundry center, a swimming pool, a picnic area, playground, and an on-site childcare facility operated by Creative Christian Ministries.
In 2018 the Frankforter Group of Montreal, Quebec acquired the complex from Elmington Capital Group of Nashville, Tennessee for $12.5 million. In November 2020 Lexerd Capital Management of Summit, New Jersey purchased the complex for $14 million.
On December 20, 2021 a fire destroyed 8 units in one of the complex's buildings. No one was injured. A fire that occurred on July 5, 2022 resulted in nine injuries.
References
- Van der Bijl, Hanno (December 7, 2020) "Hoover apartment community changes hands for $14M." Birmingham Business Journal
- Robinson, Carol (December 20, 2021) "‘Everything’s gone’: Fire guts 8 homes at southern Jefferson County apartment complex." The Birmingham News
- Koplowitz, Howard (July 5, 2022) "5 children among 9 injured in Hoover fire as trapped victims jump to escape flames." The Birmingham News