Envy Apartment

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...

Developer Jerry Epstein will replace his 202-unit Del Rey Shores apartment community built in the 1960s with a 544-unit complex in fewer, taller buildings. Marina Del Rey . The development will feature 12 four- and five-story buildings. The project is expected to be completed in two years." alt="An artist's rendering shows the Shores project to be built in Marina Del Rey . The development will feature 12 four- and five-story buildings. The project is expected to be completed in two years." /> An artist's rendering shows the Shores project to be built in Marina… (Shores ) The last surviving original developer of Marina del Rey will start work Monday on a $165- million apartment complex there that will replace one he built in the 1960s. The project is part of a push by Los Angeles County officials to spruce up the aging publicly owned marina , the largest pleasure boat harbor community in the United States. Leaseholders of land there have been urged to u...

LR Gudapati Apartment is awesome, staff is very friendly and helpful. You will never face any issue here except with internet service ATT . Internet speed is worst and many of my friends including myself complaine … d about the same. We need to be in 12 months contract with ATT internet and no other internet options like Xfinity. I am very happy to be in this apartment by renewing the lease for 1 more year but really worried with Att service. Manager Jennifer is so kind and understand all of your concerns. Hopefully this review will reach her and take necessary action to save apartment reputation . more » Apartment is awesome, staff is very friendly and helpful. You will never face any issue here except with internet service ATT . Internet speed is worst and many of my friends including myself complained about the same. We need to be in 12 months contract with ATT internet and no other internet options like Xfinity. I am very happy to be in this apartment by renewing the lease for 1 ...

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...

When looking for a new place to live, you might see both condos and apartments and wonder “What’s the difference between apartment and condo living?” You’re thinking about all the same things no matter which place you’re previewing: price, square footage, amenities, types of flooring, pet rules . . . as long as you have what you need, why does it matter what type of unit you rent?  Well, it does. Knowing the difference between a condo and an apartment is important: it affects how your community, and home operate from day-to-day. Ownership: Apartment vs Condo Apartments Apartment complexes usually have one owner. This means that all the leases and rules are uniform as well. This can be a good thing when it comes to neighborly disputes, since you all have to apply by the same rules. The property manager can act on, and fix the problem, they have the authority to do so. Condos Each condo typically has one owner. The complex does not own all the units. This can be really nice, because it c...

Nearly all residents of the McPherson Park senior housing complex have returned to their residences after a kitchen fire broke out in an apartment Friday night , a Gloucester Housing Authority administrator said Monday. The building’s construction played a role in firefighters being able to confine the blaze to the single unit, said  Fire Chief Eric Smith and Alice Sheridan, assistant executive director of the  housing authority , which owns and manages the six-story building at 31 Prospect St. The man whose apartment was destroyed by the kitchen fire has been relocated to another apartment within the 97-unit building, Sheridan said.  Neither she nor Smith could provide information Monday on the status of a woman who was rescued by firefighters and taken to Addison Gilbert Hospital after she fell inside her fourth- floor apartment while trying to evacuate. Smith did say her injuries were “non life-threatening.” “We’re just so grateful for the support from the fire and police de...

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...

April 06, 1998 | By Larry Carson | Larry Carson,SUN STAFF Dundalk residents who last month rejected a government-aided plan to renovate the Hidden Cove Apartments over fears it would cater to the poor hold out hope that a new buyer will appear and convert the 32-year-old complex into elderly housing or condominiums. But neither is likely, say a variety of county officials and real estate experts , who predict more slow decline for the unprofitable 30- acre waterfront complex in West Inverness , a densely populated community of about 2,000 brick townhouses. The $ 9 million sale price , combined with the multimillion-dollar cost to renovate or demolish the 504-unit, three- story brick complex , makes any purchase or extensive redevelopment problematic without government aid , county officials and real estate experts say. "The numbers won't crunch" for a conventionally financed deal , said county Councilman Louis L. DePazzo, a Dundalk Democrat who supported the plann...

click to enlarge Bridgeview Village apartment complex for several days. - DUSTIN WATERS" /> Dustin Waters Flooding closed off the main entrances to the Bridgeview Village apartment complex for several days. As days of heavy rain swelled the Cooper River, residents of the Bridgeview Village apartment complex were trapped. Even Monday evening, the community’s two main exits on North Romney Street remained impassable for most vehicles. With the help of police, residents of the 300-unit complex say they were able to move the dumpsters blocking a single-lane road that cuts through the woods surrounding the complex. Although it doesn’t have a name, that road now serves as the only way in or out of the neighborhood. But for the first few days, even it was too flooded to use. “They opened that up Sunday. So Friday, Saturday, Sunday — it was three days we were stuck here,” says Charles Smith, age 69, whose apartment looks out onto the knee-deep wat...

Reports August 23, 2017  |  Print this page A 266- unit apartment community in Chesterfield County has sold for $25.3 million. ARA Newmark announced the sale Wednesday of the 10- acre Courthouse Green , which it said was 95 percent occupied. According to ARA, the buyer was Bethesda, Md.- based Railfield Realty Partners , a multifamily investment firm that focuses on markets in Florida, Virginia, North Carolina, South Carolina and Texas. ARA Senior Managing Director Wink Ewing and Executive Managing Directors Mike Marshall and Drew White represented the seller, California- based Fairfield Courthouse Green LLC . Courthouse Green is located down Route 10 from a million-square- foot Amazon fulfillment center and is less than one mile from the Chesterfield County government offices . Constructed in 1974, the property consists of 33 buildings with one-, two- and three- bedroom multilevel townhome -style units. Amenities include a pool, a 24- hour fitness center , playground, picn...

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...