Envy Apartment

CHARLESTON, S.C.--( BUSINESS WIRE )-- Greystar Real Estate Partners (“Greystar”) is pleased to announce that the Texas Apartment Association (“the TAA”) has named Jackie Rhone President of the organization. Ms. Rhone, Executive Director of Real Estate for Greystar, has served on the TAA’s executive committee most recently as President-Elect and was appointed TAA’s President on April 29, 2017, at the annual conference in Ft. Worth, Texas. “We are extremely proud of Jackie and she is very deserving of this honor,” said Andrew Livingstone, Executive Managing Director of Real Estate for Greystar. “So much of Jackie’s work in the industry is aligned with our Pillars of Excellence, which are the foundation of everything we do at Greystar from corporate decision making to resident relations.” Ms. Rhone oversees the real estate strategic services group for the Greystar owned portfolio , including stabilized assets , new construction and value add opportunities totaling 31 ,000 units ...

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...

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...

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...

A federal appeals court has drastically reduced the punitive damages jury award to a woman who suffered severe injuries from carbon monoxide poisoning in her apartment, in a closely watched case . Amber Nicole Lompe , a then 20-year-old college student, was exposed to high levels of carbon monoxide from a malfunctioning furnace in her apartment at the Sunridge Apartments in Casper, Wyoming, in February 2011, according to Friday's ruling by the 10th U.S. Circuit Court of Appeals in Denver in Amber Nicole Lompe v. Sunridge Partners L.L.C.; Apartment Management Consultants L.L.C. Ms. Lompe was evacuated from her apartment unit and taken to the hospital after a gas company employee detected high levels of carbon monoxide emanating from her apartment. She was treated for acute carbon monoxide poisoning , and as result of the incident has suffered from various neurological conditions including cognitive deficits , chronic headache, sleep disturbance and emotional disorders. She ...