Engel News - Engel Realty Company, LLC

Mixed-Use Asset Repositioning in Birmingham’s Lakeview District

When a Birmingham property owner engaged Engel Realty Company to manage a mixed-use development — combining residential apartments with ground-floor retail — the property was underperforming relative to its potential. Inherited from a previous management company, the asset carried deferred maintenance, unresolved operational issues, and several unrealized revenue streams. What…

Relationships lead to success!

In early 2020 Engel Realty purchased it’s first property in Albuquerque, NM from a Colorado based owner. During that purchase process a relationship was established that has lead to Engel spreading out our foot print deeper into the Southwest. From 2020 to 2023 this relationship has seen Engel purchase additional…

HISTORIC IDEAL BUILDING IN DOWNTOWN BIRMINGHAM PURCHASED BY ENGEL REALTY IN $5.2M DEAL

The historic Ideal Building in downtown Birmingham was purchased on March 10, 2022 in a $5.2M deal by Butler Ideal Building, LLC, an affiliate of Engel Realty Company, LLC. Nestled in the highly sought after downtown Birmingham area, the Ideal Building currently offers 14 multi-family one, two and three bedroom…

Market knowledge and sound management yields significant returns.

In 2014 Engel Realty Company, LLC purchased the Colony House Apartments located in Fort Walton Beach, Florida. A 139 unit apartment complex that was still owned and operated by the original developer. Through our relationships with the brokerage community and our ability to identify sound market fundamentals Engel was able…

Engel Realty Heads Out West

Engel Realty Company, LLC continues to expand it’s investment portfolio. Specifically landing out west in beautiful New Mexico. In 2020 Engel made a significant splash into Albuquerque, New Mexico with the purchase of three multi-family properties located throughout the city. Totaling 346 units with a combined value in excess of…

Engel Realty expands into Tallahassee, Florida

Engel Realty added to it’s presence in Tallahassee, Florida with the acquisition of the 102 unit Ashford Club at Betton Hills Apartment complex. Engel Realty has had a presence in Tallahassee for over 20 years with the Gulfwind shopping center and now expands that presence with the addition of Ashford…