Commercial Real Estate

MGT Construction files bankruptcy

mgt construction sign

Several months after a lawsuit brought to light an alleged accounting scheme and claimed it had become a “cash drain,” the construction arm of local real estate firm Thalhimer has been put into bankruptcy.

Downtown assisted living facility hits market for $5M

A sizable property along a rapidly changing downtown stretch of Grace Street is up for grabs and likely destined for a new purpose. The three-story, 38,000-square-foot building at 115 N. Jefferson St., at the corner of Jefferson and Grace streets, is on the market for $5 million. Ann Schweitzer Riley, a broker with One South… Read more »