Envy Apartment

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...

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...

Lon Horwedel | AnnArbor.com Ann Arbor’s Hidden Valley Club apartment complex is a local example of a $ 70 billion national real estate problem : Securitized commercial loans that are in default. A foreclosure notice on the 324-unit complex near Briarwood was filed in late April, despite months of ongoing conversations initiated by the owner to modify the loan. The loan itself - which totals $18.1 million - is complicated, since it’s one among billions in real estate investments that were repackaged and sold to Wall Street investors during years of peak real estate prices . So are the circumstances behind the loan default, said Hidden Valley Club co- owner Jeff Starman . The most obvious is the drop in the property’s value as rental rates fell below levels to cover loan payments . Other factors include a national real estate climate in which banking consolidations after the lending crisis and the sheer volume of properties in securitized loans - known as Commercial Mortgage B...

Boston, MA  LIHC Investment Group, one of the nation’s largest owners of affordable housing, has donated its ownership stake in the Close Building to Just-A- Start Corporation , a community development corporation focused on the preservation and expansion of affordable housing opportunities in Cambridge and nearby communities. “Just-A-Start has been an invaluable partner in the Close Building, and under their stewardship the property will be preserved and maintained as affordable housing for tenants and the community for generations to come,” said Andrew Gendron, principal, LIHC Investment Group. “Quality, affordable housing is the foundation of healthy neighborhoods and this donation will allow Just-A-Start to continue and expand its mission in a very tight housing market .” “This generous donation assures the preservation of this property as affordable housing,” said Deborah Ruhe, executive director of Just-A-Start. “We will leverage this donation to support renovations and upgra...

The long retail spine of Sydney Road, Brunswick, just north of Melbourne's CBD, was once a prosperous trading outpost on the way to the goldfields. These days it's a bohemian mix of variety stores, op shops, halal butchers and Lebanese bakeries. Take a side street to the west, however, and a different picture emerges. Sandwiched between Sydney Road and the Upfield train line is an area undergoing rapid and widespread transformation. Light industry is fast being replaced by mid- rise apartment buildings , their inhabitants attracted by the short commute into town and cheaper prices than in the city's south-east. The quality of these units is, on the whole, depressingly bad; think poor ventilation and bedrooms that "borrow" natural light (a weasel word for being dark and windowless). The occasional jazzy façade tries feebly to make up for otherwise cheap construction amid a chorus of greys. At ground level, carpark roller doors alternate with mean pocket garden...

PARKER, CO - Atlanta-headquartered ARA, the largest privately held , full- service investment advisory brokerage firm in the nation focusing exclusively on the multihousing industry, recently brokered the sale of the Windrock and Stone Canyon apartment communities , in Parker, CO. ARA Denver- based principals , Jeff Hawks, Doug Andrews, Terrance Hunt and Shane Ozment, represented the undisclosed institutional seller in the transaction. TM Equities, a Salt Lake City - based real estate investment group , purchased the properties for $82,750,000, which represents a price per unit of $125,379, and a price per square foot of $137.02. Jeff Hawks explained , "This property was built during the 2001-2003 development cycle, which included over 22,000 units delivered during the three year span. To put this into perspective, the entire metro Denver apartment market has not delivered that many units during the last ten years combined . Buyers are focused on properties bui...

RICHMOND, Va. and WASHINGTON , July 26, 2016 /PRNewswire/ --  McCann Realty Partners ("McCann") and its joint venture partner , Artemis Real Estate Partners , announced the acquisition of Hickory Creek, a 294- unit apartment community located in Richmond, VA .  Built in 1984, the three-story garden-style property is located at 2344 Hickory Creek Drive in the West End of Henrico County.  The property is located just south of West Broad Street off Tuckernuck and Mayland Drive between Gaskins Road and Parham Road. The location provides excellent access to I-64, one of the main thoroughfares in the Richmond area with close proximity to employment and retail destinations, including West Broad Village , Short Pump , and the numerous retail options along West Broad Street . Hickory Creek has large floorplans and mature trees across approximately 20 acres. The property will be managed by Pegasus Residential. ...