In the News

Mobile-based Burton Property Group (BPG) recently announced the recapitalization of its firm with a new institutional partnership with North Carolina-based SilverCap Partners. The move is anticipated to strengthen the firm and broaden its real estate portfolio, per a news release. “The partnership with SilverCap marks a new chapter for our company,” BPG President and CEO Philip Burton said. “It not only increases our ability to tackle major real estate projects, but also represents a secure

By Lawrence Specker lspecker@al.com A Mobile-based real estate investment company, Burton Property Group, has announced a partnership with a private equity firm that will give it millions of dollars in additional money for development projects in the region. According to information released Tuesday by Burton Property Group BPG), the “transition reflects a new institutional partnership with North Carolina-based SilverCap Partners, which will strengthen the firm and broaden its direction.” It increases Burton’s available investment dollars to

Business Headlines Mobile-based Burton Property Group (BPG) announced the recapitalization of its private regional commercial real estate investment company, reflecting a strategic investment made by North Carolina-based SilverCap Partners. “The partnership with SilverCap marks a new chapter for our company,” says Philip Burton, BPG’s president and CEO. “It not only increases our ability to tackle major real estate projects, but also represents a secure path forward for the company and its investors.”

  FOLEY, Ala. (WKRG) – Even more shopping options are coming to South Baldwin County in 2019. The official groundbreaking ceremony for the ‘Riviera Square’ was Thursday morning off Highway 59. The 18-acre property, owned by ‘Burton Property Group,’ will soon be home to several retail stores and a Publix. Although the ceremony was held Thursday, ground was officially broken the first week of May and construction is underway. It will be home to a Marshalls,

Grocery shoppers in west Mobile are about to get another option: A new Rouses Market will occupy the former Gander Mountain site near the intersection of Airport Boulevard and Schillinger Road. CEO Donny Rouse, third-generation leader of the family-owned, Louisiana-based grocery chain, said potential patrons won’t have to wait long. “We should be open in the next six to seven months,” he said. Rouse said the expansion shows that Lower Alabama has been fertile ground