Envy Apartment

E&S Ring appoints Erik Alexander as president and Joe Flores as director of maintenance and capital services LOS ANGELES, CA--(Marketwired - Aug 21, 2017) - E&S Ring Management Corporation , a family-run company with properties for rent in California and Washington, has added two key executive appointments to further strengthen its senior management team as it seeks to leverage the company's existing platform to attract new clients and better serve existing clients . Erik Alexander , a 27-year multi- family industry leader , has been appointed as President, while Joe Flores, a well-respected multi-family veteran, has been appointed to Director of Maintenance and Capital Services , to guide the company towards future growth. Alexander comes to E&S Ring Management Corporation from Essex Property Trust , where he served as Senior Vice President . He led operations of over 50,000 apartments throughout California and Washington with more than $1 billion in annual revenu...

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...

DJ EQS-News: Landsea Green Properties Doubles Revenue in 1H 2017 'Product-differentiation, Asset-light and Market globalization' Strategy Achieves Significant Results in Transformation and Upgrades Dow Jones received a payment from EQS/DGAP to publish this press release. EQS-News / 22/08/2017 / 19:26 UTC+8 * Landsea Green Properties Doubles Revenue in 1H 2017 "Product-differentiation, Asset-light and Market globalization" Strategy Achieves Significant Results in Transformation and Upgrades * Hong Kong, August 21, 2017 - * Landsea Green Properties Co., Ltd.*, ("Landsea" or the "Company" and its subsidiaries collectively the "Group", HKEX stock code : 00106), China's leading integrated green -technology property development services company, is pleased to announce its unaudited interim results for six months ended 30 June 2017 ("the period under review"). In the first half of 2017, the Group continued to deepen the st...

At the ribbon cutting this month for the Wesley Village affordable housing complex in Garden Grove, Laura Archuleta couldn ’t resist referencing Joni Mitchell ’s 1970 environmental protest “Big Yellow Taxi.” Built on underused land that’s part of the Garden Grove United Methodist Church campus on Main Street, Wesley Village offered Archuleta , president of the nonprofit community organization Jamboree Housing Corp ., a chance to riff on one of Mitchell’s most famous lyrics. Where Mitchell sang “They paved paradise/And put up a parking lot,” Archuleta told about 300 people packed into the steamy church sanctuary on a hot afternoon that “Today we are going to learn how a group of dedicated organizations and individuals re-purposed a parking lot and put up a paradise.” Then she and others who spoke, including a single mom with six children who now reside at Wesley Village , told how the project became reality through a unique collaboration that involved the church, Jamboree and other...

MONTEBELLO, N.Y. and LAKE SUCCESS, N.Y., Aug. 16, 2017 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the holding company for Sterling National Bank and Astoria Financial Corporation (NYSE:AF), the holding company for Astoria Bank, announced today that the Office of the Comptroller of the Currency (“ OCC ”) has approved the merger of Astoria with and into Sterling (the “ Merger ”).  The transaction, which was announced March 7, 2017 and approved by the shareholders of Astoria Financial Corporation and Sterling Bancorp on June 13, 2017, remains subject to other customary closing conditions , including the approval of the Board of Governors of the Federal Reserve System .  Assuming such conditions are satisfied, Sterling Bancorp and Astoria Financial Corporation expect to complete the Merger early in the fourth calendar quarter of 2017. About Sterling Bancorp Sterling Bancorp , whose principal subsidiary is Sterling National Bank , specializes in the delivery of service and solut...

HOUSTON, TX – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured fixed-rate financing for Ventana Apartments, a 390-unit, Class A multi-housing community in San Antonio, Texas.Working on behalf of the borrower, Venterra Realty, HFF placed the five-year, 3.06 percent fixed-rate loan with a life company correspondent lender .  Loan proceeds were used to acquire the asset. Ventana Apartments consists of 25 two- and three- story residential buildings containing one-, two- and three- bedroom units totaling 380 , 076 rentable square feet .  Community amenities include two swimming pools with cabanas, a fitness center , clubhouse and gated access.  The 95-percent-leased property is located at 11020 Huebner Oaks near the intersection of Huebner Road and Interstate 10, proximate to retail and entertainment venues including Huebner Oaks Center , which provides an exceptional mix of more than 50 stores and restaurants within walking distance of the property.  V...

Minneapolis, MN, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Sons of Norway has announced its agreement with Ryan Companies US, Inc. and Weidner Apartment Homes for the sale and redevelopment of their land parcel in South Minneapolis . The land parcel is located on Lake Street between Holmes and Humboldt avenues and is in the heart of the Uptown neighborhood .  Considered to be a marquee location , this property has been home to the International Headquarters of Sons of Norway since 1962.  Once complete, the Sons of Norway plans to continue business operations on the site including their financial services and international cultural organization .  “After an extensive process to ensure the highest and best use of our primary asset, the clear choice was to sell the property that has served us so well,” said Eivind J. Heiberg, CEO Sons of Norway.  “Considering market conditions in the Uptown neighborhood and the challenges of an aging facility, it was time to make the most forward-thinkin...

Allium Healthcare )" /> The groundbreaking ceremony for Allium Healthcare Holdings’ maiden nursing home project on Venus Drive was held last month. Allium Healthcare is a wholly-owned subsidiary of investment holding company GK Goh Holdings . It was awarded the 30- year leasehold site last December. Allium paid S$24.3 million (RM76.4 million) for the 4,000 sq m site, and intends to build a four-storey, 129-bed facility with a built-up area of 5,600 sq m. The development cost of the project is estimated to be S$40 million to S$45 million. The nursing home is designed to be a premium product in terms of services and facilities, says Bernie Poh, CEO of Allium Healthcare . He says there is demand for this kind of facility among the middle- to upper-income group, especially in the neighbourhood of Venus Drive. “This market segment is quite underserved.” Venus Drive is located just off Upper Thomson Road , an affluent landed housing neighbourhood that includes the Windsor Park G...

Wealthy people often have business and investment interests around the globe. As such, they are drawn to foreign real estate . Canada’s high-net-worth residents are no exception, says Winston Chesterfield, director of custom research at Wealth-X, which provides market data on wealthy individuals. “They do these purchases primarily as investment decisions, and secondly, there’s this interesting balance between lifestyle and necessity,” says Mr. Chesterfield, who is based in London, referring to Canada’s nearly 8,600 ultra-high-net-worth residents (according to Wealth-X’s most recent survey) with more than $30-million in assets each. “Their businesses often have a global reach, so their habits in terms of property purchasing tend to be a lot more sophisticated than buying a ski lodge,” Mr. Chesterfield says. The fabulously wealthy gravitate to major cities and other desirable locales – be it for business, pleasure or both. Among the hot spots are these well-known destinations as well a...