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...

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...

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 ...

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CLEVELAND, Ohio - One of downtown Cleveland 's worst eyesores finally changed hands Monday , after years of court fights and false redevelopment starts . Alto Partners bought the long- vacant John Hartness Brown complex on Euclid Avenue for $9.1 million, in a deal that sprang from a messy foreclosure fight . The developer, a relative newcomer to the Cleveland real estate market , expects to fill the buildings with apartments, a hotel, retail and parking. Construction could start during the first few months of 2018. Stretching from 1001-1101 Euclid Ave., the John Hartness Brown complex spans three addresses and five facades on north side of the street. Thanks to troubled ownership, financial hurdles and lingering fallout from the Great Recession, the property has languished despite the surge in downtown living and the trend of turning historic buildings into housing and hotels. Alto will be the third developer in a decade to attempt a revival of the block. A rendering shows what ...

See more of the story Fifty-five years ago this month, the Sons of Norway dedicated a new international headquarters in the Uptown neighborhood of Minneapolis. Now, they're selling it to be torn down. Ryan Companies and Weidner Apartment Homes will purchase the building and its city block, on Lake Street between Holmes and Humboldt avenues, from the organization of descendants of Norwegian immigrants. They plan to demolish the building and redevelop the site, though plans are still forming. A Ryan executive attended a neighborhood meeting Monday night to get feedback from neighbors before polishing up their ideas. "We're going to really pay attention to the context and really listen to the stakeholders," said Tony Barranco, vice president of real estate development for Ryan. He said he expects there will be more than one new building on the block and a mix of residential, commercial and retail uses. The final shape, massing and composition of the buildings will b...

Cincinnati—2013 was a good year for the Cincinnati apartment market , as the city experienced an increase in demand thanks to improving employment , income growth and a swelling millennial population . According to Marcus & Millichap, 600 apartments were delivered last year, vacancies dropped to 4.5 percent—the lowest year-end level in years—and average rents were fast approaching $800 per month. And the commercial real estate brokerage firm expects Cincinnati ’s apartment market to perform the same this year. Forbes recently reported that Cincinnati is the third most affordable city in the United States. Although the median price for a new home in the area was set at around $133,000, the rental market was still the top performer last year. And apartment rents are expected to continue to increase in 2014, for the fifth consecutive year. All of this is thanks to the growing population of young professionals. Cincinnati’s 20- to 34-year-old population, with its live-work-play lifes...

The average market rent for a one- bedroom apartment in San Mateo County is $2,053 per month, according to new rental data released by the San Mateo County Department of Housing. This reflects an 8.2 percent increase from last year. This is devastating news for anyone looking for affordable rental housing and comes on the heels of other unsettling trend data for the county, housing officials said. United Way's 211 referral line for  San Mateo   County  reports taking significantly more calls for housing related services than for any other service. Additionally, according to the county's new Health and Human Services Agency report on homelessness, the county's homeless rate has risen 12 percent since 2011. "People can't afford to live here, and not just people who are poor," said Kate Comfort Harr , Executive Director of HIP Housing, a  San Mateo   County  nonprofit specializing in affordable housing programs including Home Sharing . "Anyone maki...

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...

A few dozen people spent their lunch hour Aug . 22 discussing City of Carmel projects as part of the Carmel Small Business Network . Carmel Mayor Jim Brainard spoke in the city council chambers about issues such as property taxes, debt and proposed projects such as purchasing an antique carousel and constructing a luxury hotel. Brainard told the group of business owners he’s sending his 2018 budget to the Carmel City Council and that he expects the tax rate to remain flat. He defended his plan to spend approximately $5 million to acquire an antique carousel built in 1907. “It will make it a more interesting visit to Carmel,” he said. Brainard also explained how it makes financial sense for the city to become part owners of a luxury hotel in the Carmel City Center area . He said most hotel chains wants to see big returns on investment, and the city is happier with smaller profit margins from the hotel because of what it will mean for economic development. “If we’re going to g...

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...