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Las Brisas affordable -housing community contains approximately 160 rental units , varying in size and number of bedrooms.</strong>" title="Las Brisas 1" width="400" height="300" class="size-full wp-image-16158" /> Cory Bilicko/Signal Tribune Signal Hill’s Las Brisas affordable -housing community contains approximately 160 rental units , varying in size and number of bedrooms. Nick Diamantides Staff Writer Approximately five years after the completion of the Las Brisas affordable -housing community in Signal Hill, programs offered at the site are still succeeding in improving the lives of the people who live there. The project was developed in two phases under the auspices of Los Angeles- based Abode Communities with funding from the now- defunct Signal Hill Redevelopment Agency , as well as financial assistance from other public and private sector entities . According to Robin Hughes, president of Abode Communities , Las Brisas c...

September 27, 2005 | By Joe Newman, Sentinel Staff Writer When Lesley Brown got her first job out of college, she figured it was time to move out of the cramped house she shared with three other people. But finding something Brown, 22, could afford near the Lockheed Martin facility on Sand Lake Road was another matter. At $950 a month, even a small one-bedroom apartment was out of reach for the University of Central Florida graduate . At that price, she would have been spending much more than a third of her salary on rent. "I was definitely surprised by the prices," Brown said. "The market soared out of my reach." Finding an affordable rental in Central Florida is becoming a Herculean challenge. Two of every five renters in Orange, Seminole, Polk and Volusia counties spent 35 percent or more of their monthly income on housing in 2004, according to a recent U.S. census report. The bureau did not track Osceola County . More than half of all renters in Orange, Semi...

Shutterstock photo Education Realty Trust (EDR), commonly known as EdR, is making every effort to leverage on the soaring demand for on- campus development of universities. Recently, the company opened the first phase of its ONE Plan on- campus replacement housing at the Northern Michigan University (NMU). This development, named The Woods in Marquette, MI, has 417 beds in a living-learning community. The property boasts ample amenities , including Internet and Wi-Fi, classrooms, study rooms, TV lounges and laundry facilities. The entire $75.4- million project is, however, slated for final delivery in 2018. The development will include 1,229 beds. EdR is leasing the land from the university, and the project will be funded through EdR's On Campus Equity Plan - The ONE Plan. The plan helps in funding projects on university land with this student housing REIT 's equity and financial flexibility. On the other hand, such partnerships allow the university...

WASHINGTON, Nov. 09 /CSRwire/ - Students who live in affordable, subsidized housing will have the opportunity to pursue their dreams of higher education through a scholarship fund that is receiving a donation of $140,000 from Apartment Investment and Management Company (Aimco).   Aimco Senior Vice President Patti Shwayder presented the contribution to Denise Muha, Executive Director of the National Leased Housing Association , for the NLHA Education Fund , which provides tuition assistance through the Aimco Cares Opportunity Scholarship and several other award categories.  The check presentation took place last week during the NLHA Fall Seminar at the Washington, D.C. Marriott.     “We are so proud to be helping the amazing young men and women through the Education Fund and the Aimco Cares Opportunity Scholarship .  These talented students come from diverse backgrounds and circumstances, but all share the same goal of earning a college degree,” said Shwayder.  “Our scholars are...

In truth, there is no real physical difference between what defines an apartment and what defines a condominium . They typically offer the same range of amenities, but the ownership of the property is where the real difference exists . Apartment units contained within a single complex are generally owned by the corporation or business that built the complex in the first place. Those individual units are then leased by an overarching management system that controls all the units. Condos, however, are owned much differently. Each unit in a condo complex is owned by an individual, and a homeowners association typically handles property management . That means most condos are rented from the owner of the condo itself, and not an overarching owning entity like with apartments. There are still some differences in the rental experience that one should expect, which are outlined below. Financial Costs In terms of month-to- month rental fees , condos and apartments are usually priced sim...

The realty group beat out more than 20 offers to secure the 294-unit complex on Hickory Creek Drive . A local buyer has picked up nearly 300 apartments in Henrico, where two other decades-old rental communities are under contract. McCann Realty Partners beat out nearly two dozen local and out-of-town offers on Hickory Creek, a 294-unit, 32-year-old complex of one- and two-bedroom apartments at 2344 Hickory Creek Drive . The Henrico-based firm, based less than a mile away, purchased the 20-acre property along Tuckernuck Drive, between West Broad Street and Mayland Drive, for $28.55 million. The sale closed June 27 , according to county records. McCann president Matt Akin and vice president Thomas Upson said the property’s proximity to their office, as well as to Innsbrook, was appealing to the firm, whose portfolio of rental properties is primarily out-of-state. Akin said Hickory Creek is “close by; it’s in a neighborhood we obviously know. It’s a mid-‘80s product that needs a lar...

NEW ORLEANS, LA – 365 Connect , a leading provider of award-winning marketing, leasing, and resident technology platforms for the multifamily housing industry announced today that the company will participate in the Texas Apartment Association Education Conference & Lone Star Expo . The conference takes place from April 26 – 29, 2017 in Fort Worth, Texas. Providing technology solutions for multifamily housing communities across the nation, 365 Connect will demonstrate its revolutionary Resident Lifecycle Platform during the event, which encompasses the entire spectrum of services including multi - channel digital marketing , seamless transactions to convert prospects into residents, and an integrated mix of content and communication, allowing the next generation of renters to pay rent, request services, and renew leases. 365 Connect Founder and CEO, Kerry W. Kirby, stated, “The Texas Apartment Association Education Conference & Lone Star Expo continues to be the larg...

Balancing the needs of the residents who live here and the tourists who come to visit requires political will and leadership. After years of discussions and failed proposals, it’s time for clarity on an issue central to San Diego’s housing and tourism markets — short- term vacation rentals . Through a March 15, 2017 memo, City Attorney Mara Elliott opined that short-term rentals are illegal under the current City zoning laws . The City is now awaiting regulatory guidance from the City Council before taking any action to enforce the City Attorney ’s memo. My proposed regulatory framework respects the rights of property owners, upholds current zoning laws and creates a workable compromise. I will present a draft ordinance for community review at a public Town Hall meeting 6 -7:30 p.m. on Wednesday, Aug. 30, at the La Jolla Community Center . My proposal protects the rights of homeowners who wish to participate in home sharing by renting out a room in their home to help make ends me...

But the city, which shares a border with the Bronx, has an enviable location, said Sam Mermelstein, a founding member of Enclave Equities, a development firm active there. About 30 minutes from Grand Central Terminal by way of the Metro- North commuter railroad , Mount Vernon is closer to Midtown Manhattan than many Brooklyn neighborhoods. Enclave is at work on a five-building, 179- unit residential rental project on former industrial property near the Fleetwood station that will offer Manhattan-style extras like rooftop terraces and gyms. And, in a break with recent nearby projects , the $ 48 million development , set to open next year, will offer all market-rate units. The rents for its one-bedrooms will be about $1,700 a month, which is less than half of what new- construction units cost in Lower Manhattan, according to online ads. “It makes no sense that this area is not booming,” Mr. Mermelstein said. One complaint from Mr. Mermelstein and others is that Mount Vernon’s retail...

Short-term rentals of private residences would be sharply curbed under a proposed ordinance drafted by San Diego City Councilwoman Barbara Bry , whose district includes the La Jolla area. Her proposal, released Monday, arrives a few months before the full council is expected to take up yet again the contentious question of how to regulate vacation rentals , which have mushroomed in popularity with the growth of the online home-sharing platform, Airbnb. The city planning department already is at work drafting alternative measures based on three options it released earlier this year, which at the time ranged from the most permissive to one that would effectively ban such rentals. The city is hoping to hear the matter Oct. 23, said Planning Director Jeff Murphy . It will mark the sixth hearing at City Hall in two years to consider the issue of short-term rentals. Under Bry’s suggested regulations, homeowners would be allowed to rent out only their primary residences on a short-term bas...

Collect this idea Rooftop lounge at The Dylan in West Hollywood As the second-largest city in the U.S. with the biggest population in California, Los Angeles has mountains, beaches and deserts all within a short driving distance . In addition to a multitude of outdoor activities, L.A. offers job opportunities galore ; its diverse economy is the third largest in the world, after Tokyo and New York. Some of L.A.’s biggest industries include culture , fashion, education, sports, entertainment, medicine and a booming startup tech field that is thriving on the Westside ( nicknamed Silicon Beach ). Los Angeles is often called the creative capital of the world , as one in six residents works in the creative industries of music, TV or film. Not surprisingly, the city has a thriving arts scene . There are more than 800 museums and art galleries in Los Angeles County —   more per person than any other city in the world. And for night owls, the nightclub and restaurant scene offers plenty of...