Envy Apartment

Share This Story Property Deals Prompt Questions About AZ Firm Rodney Ernhart of Bigfork, Montana has had enough. “We’re done. We just want to wash our hands of the whole situation and just walk away. Take our licks. Learn from our mistakes and go on.” As mistakes go, Ernhart’s was an expensive one, costing him roughly $60,000. “It’s my own stupid fault.” In the spring of 2016 at a real estate conference in Las Vegas, Ernhart and his wife were approached about an opportunity in Niagara Falls, New York. The pitch came from a representative of Return On Rentals. The Arizona-based company says on its website that it “( helps) its clients create long -term wealth, using turnkey, residential rental property as the vehicle. We provide rehabbed, rented, professionally managed, cash flowing real estate for investors. ” Available for sale was a four- unit apartment building in Niagara Falls. Price tag was $100,250.  Ernhart was being asked to purchase, on the spot, without ever seeing the p...

PHOENIX, AZ - Colliers International in Greater Phoenix completed the sale of the 374- unit Crosswinds Apartment Homes at 868 S. Arizona Ave., in Chandler, Ariz., for $22 million or approximately $58,824 per unit.Cindy Cooke, senior executive vice president ; and Brad Cooke, senior vice president , with Colliers’ Phoenix office, represented the sellers, P.B. Bell of Scottsdale, Ariz.; and Stonecutter Capital Management LLC of New York, N.Y., who originally acquired the asset in 2014.The buyer, who was self-represented, was Emma Capital Investments Inc., of Toronto, Canada, who specializes in the financing, acquisition and operation of multifamily residential complexes , particularly in the Sun Belt states in the U.S. Emma Capital’s portfolio consists of more than $175 million of property and approximately 3,000 units in the metro Phoenix, Atlanta and Charlotte markets. “Crosswinds is in the middle of a high-growth path between downtown Chandler and Chandler Airpark, “said Cindy C...

________________________________________ Think of Kingswood Place as a community that features all of the amenities of home, as well as a kind and caring staff that is almost like family. We are an assisted living community with a warm and friendly atmosphere. Our facility is situated in a quiet and pleasant community , conveniently located not far from the services and shops many of our senior residents enjoy . Enlivant is proud to be involved in the management of Kingswood Place. Teamwork, compassion, excellence and success are the four cornerstone principles that guide the staff and executives at ALC. Featured Amenities Residents of our community are often impressed by our spacious and well-equipped studio and one-bedroom apartments, fitted with the latest in safety and convenience amenities. We take care of all of the utilities in our community, and all of our apartments come with cable and telephone connections for added convenience. Seniors here at Kingswood Place enjoy our sp...

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