Envy Apartment

Luxury apartments going up between Brookstown Avenue and Green Street will meet a demand for the advantages in amenities and design that a new building can offer, one of the developers of West End Station says. The $35 million development will provide 229 apartments in a block that’s close to both the center of downtown and the BB&T Ballpark, said Porter Jones, the president of DPJ Residential, a Charlotte-based developer doing its first project in Winston-Salem. “We think Winston-Salem is in the very early stages of growth compared to Charlotte and Raleigh that have experienced a lot of urban revitalization,” Jones said. “We are attracted by the (Wake Forest) Innovation Quarter and what is going on with Wake Forest and Baptist downtown. That is a great incubator for growth companies.” DPJ Residential and Chaucer Creek Capital of Raleigh are going 50/50 on the development. Chaucer Creek Capital owns the Gallery Lofts apartment community in downtown Winston-Sale...

OREM -- If you think you've been hearing about the University Mall development becoming a major development called University Place for a long time, you're right. As early as April 2013, members of the Orem City Council and department heads were informed of preliminary discussions on the development and were asked to sign non-disclosure statements. All the council members except Brent Sumner signed the agreements. It wasn't until the cat was let out of the bag at the Utah Valley Chamber of Commerce Executive Summit in September 2013 that people finally got an idea of what was in the works. At that summit, Coldwell Banker executive agent Brandon Fugal announced University Mall would undergo a huge transformation, introducing its own business park and housing developments along with additional retail expansion . "It will be Utah County's equivalent of City Creek," said Fugal at the time, comparing the Orem project to the redeveloped mall in downtown Sal...

The most expensive home in each of New Jersey's 21 counties can vary greatly. From a $ 40 million Bergen County estate to a $1. 3 million property in Salem County, the height of luxury takes on different meaning throughout New Jersey. Here's a look at the most expensive properties in each of New Jersey's 21 counties: Atlantic County Address: 32 W Ocean Drive, Brigantine Listing Price: $7.5 million This Brigantine beachfront mansion is at an awe- inspiring seaside setting with spectacular views of the ocean and Atlantic City. The six-bedroom, seven-bathroom home has amenities like Baccarat crystal lighting fixtures , Crestron smart home system , marble floors and cherrywood and tigerwood throughout. It has been a little difficult to sell. The $7. 5 million property has been listed on Realtor.com for 805 days. Bergen County Address: 18 Frick Drive , Alpine Listing Price: $39.9 million This 42-room estate is the most expensive property listed in New Jersey . It feature...

CHARLOTTE, NC - Waterton, a U.S. real estate investor and operator, announced the acquisition of Addison Park, a 426- unit rental community in Charlotte, North Carolina.Situated on 44 landscaped acres in the Harris Boulevard / Mallard Creek submarket, the community comprises 22 three-story buildings with attached, direct-access garages. Apartments offer a mix of one-, two- and three- bedroom floor plans , each with 9-foot ceilings, a wood-burning fireplace and private patio or balcony. Community amenities include two resort- style swimming pools with sun decks, a resident clubhouse, 24- hour fitness facility , fully equipped business center , outdoor grilling area , children’s playground, car detailing station and on-site “bark park” with grooming station. “There continues to be strong demand for luxury rental housing in Charlotte,” said Matthew Masinter, senior vice president of acquisitions at Waterton. “This was an opportunity to acquire an attractive asset in a h...

CHICAGO--( BUSINESS WIRE )--Waterton, a U.S. real estate investor and operator, today announced the acquisition of Addison Park, a 426- unit rental community in Charlotte, North Carolina. Situated on 44 landscaped acres in the Harris Boulevard / Mallard Creek submarket, the community comprises 22 three-story buildings with attached, direct-access garages. Apartments offer a mix of one-, two- and three- bedroom floor plans , each with 9-foot ceilings, a wood-burning fireplace and private patio or balcony. Community amenities include two resort- style swimming pools with sun decks, a resident clubhouse, 24- hour fitness facility , fully equipped business center , outdoor grilling area, children’s playground, car detailing station and on-site “bark park” with grooming station. “There continues to be strong demand for luxury rental housing in Charlotte,” said Matthew Masinter, senior vice president of acquisitions at Waterton. “This was an opportunity to acquire an attractive ass...

HOUSTON, TX – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has secured fixed-rate financing for Ventana Apartments, a 390-unit, Class A multi-housing community in San Antonio, Texas.Working on behalf of the borrower, Venterra Realty, HFF placed the five-year, 3.06 percent fixed-rate loan with a life company correspondent lender .  Loan proceeds were used to acquire the asset. Ventana Apartments consists of 25 two- and three- story residential buildings containing one-, two- and three- bedroom units totaling 380 , 076 rentable square feet .  Community amenities include two swimming pools with cabanas, a fitness center , clubhouse and gated access.  The 95-percent-leased property is located at 11020 Huebner Oaks near the intersection of Huebner Road and Interstate 10, proximate to retail and entertainment venues including Huebner Oaks Center , which provides an exceptional mix of more than 50 stores and restaurants within walking distance of the property.  V...

SEMINOLE HEIGHTS — When Mary Myles became program manager of The Graham Home 25 years ago , 30 adults with special needs occupied 65 square-foot apartments. "It was tough on Mary when the place closed," said Gracepoint project manager Susan Morgan . "She'd be the one putting a bucket out when it leaked." Today, a partnership between Gracepoint and DDA Development has brought about a suitable replacement for the senior living facility . The Graham reopened last month and now Mary Myles sits in a corner office on the same property, overlooking a community garden and lush landscape. The 80 residents now occupy 646 square-foot apartments. No need for a bucket. "We wanted to create something better for them," Myles said. Gracepoint privately funded the project, the first affordable housing units Gracepoint built from the ground-up using low income housing tax credits and a loan from the state of Florida. "Mary had been making do with nothing,...

UPDATE: The fire at Tivoli Apartments has been declared as an accidental fire with an undetermined cause, stated by Seminole County public information officer Paula Thompson . The Seminole Building Official determined the fire- damaged apartment building is unsafe to enter. Advertisement “This is primarily due to the thousands of gallons of water utilized during extinguishment of the fire that creates a potential risk for a ceiling collapse that could have hundreds of pounds of weight falling on someone inside the structure,” reads a statement released by Seminole County Fire Department . The building has been handed back over to Tivoli property management . The American Red Cross , University of Central Florida and Tivoli Property Management are working to relocate residents. Seminole County Fire Department fire truck and views the burned apartment building , which was claimed a total loss. Photo by Katrina Poggio." width="300" height="200" class...

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...