Envy Apartment

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...

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 ...

When most people think about renting, they think about apartments. An apartment is a dwelling that is owned by a landlord and leased to a tenant for the purposes of earning rental income . Condominiums, or condos for short, are dwellings owned by individuals which collectively comprise a homeowner’s association. What some people may not realize is, condos can also be rented and renters seeking housing may have the option to choose between a condo and an apartment. What you may be thinking is, what’s the better option for renters, a condo or an apartment? Both condos and apartments have benefits, and at first glance, the two may seem to be a lot alike. There are, however, differences in condo living vs. apartment living. Today I will discuss a few of the benefits of each type of rental dwelling, and what makes the two types of housing different from a renter’s perspective. Costs: Apartment and condo rentals are often priced similarly, however, there are some benefits of renting a cond...

Chicago’s South Loop neighborhood continues to buzz with construction activity. Thanks to its proximity to the city’s central business district , top parks, cultural attractions, and multiple colleges, the area has been especially hot for new rental projects . South Loop hotel construction is also strong as the Metropolitan Pier and Exposition Authority works to expand and transform McCormick Place into a new entertainment and hospitality hub dubbed ‘McCormick Square.’ Here is the latest look at eleven projects under-construction or newly completed in Chicago’s hot South Loop . ↑ One Grant Park Expected to rise well over 800 feet into the air, One Grant Park will be impossible to miss when when it creates a new peak at the south end of downtown Chicago’s skyline. Designed by Rafael Viñoly Architects, the 76- story building broke ground in early 2017 and has been quickly climbing at the corner of Roosevelt and Indiana. The skyscraper will deliver 792 rental apartments . A second...