Iconic St. James Hotel Reopens in Selma, Alabama Following Renovation and Expansion

Woodforest CEI-Boulos Opportunity Fund | January 26, 2021

THE WOODLANDS, Texas, Jan. 26, 2021 -- The Woodforest CEI-Boulos Opportunity Fund, a high-impact commercial real estate Opportunity Zone fund established by Woodforest National Bank® and CEI-Boulos Capital Management, announced its $2 million equity investment in the redevelopment of the historic, long-shuttered St. James Hotel in Selma, Alabama. The St. James Hotel, the only hotel in downtown Selma, will support the city's growing civil rights tourism industry and help revitalize the local economy, creating 45 permanent jobs with training, health insurance and other benefits (42 of these jobs will be accessible to people with low incom...