Envy Apartment

AMCAL’s new Southern Los Angeles County community has high- efficiency appliances and low-irrigation landscape Screen Shot 2014-07-23 at 4.29.29 PM AGOURA HILLS, Calif. - July 23, 2014 - PRLog -- AGOURA HILLS, CALIF. - AMCAL Multi-Housing, one of California’s leading builders of workforce and affordable housing, announces the planned LEED Gold certification for the new apartment community , Terracina in South Los Angeles County . Terracina is AMCAL’s fourth LEED Gold development since 2011, along with four Platinum and two Silver apartments qualifications . To achieve LEED Gold , AMCAL created a community with a range of unique green features : - 27% reduction in energy use - 70% of construction waste was diverted from landfills - Water- efficient flow fixtures to reduce indoor indoor water use - ENERGY STAR appliances installed to reduce energy loads - Storm water runoff managed by increasing vegetative landscaping , directing impermeable surfaces towards infiltration feat...

Boston, MA  LIHC Investment Group, one of the nation’s largest owners of affordable housing, has donated its ownership stake in the Close Building to Just-A- Start Corporation , a community development corporation focused on the preservation and expansion of affordable housing opportunities in Cambridge and nearby communities. “Just-A-Start has been an invaluable partner in the Close Building, and under their stewardship the property will be preserved and maintained as affordable housing for tenants and the community for generations to come,” said Andrew Gendron, principal, LIHC Investment Group. “Quality, affordable housing is the foundation of healthy neighborhoods and this donation will allow Just-A-Start to continue and expand its mission in a very tight housing market .” “This generous donation assures the preservation of this property as affordable housing,” said Deborah Ruhe, executive director of Just-A-Start. “We will leverage this donation to support renovations and upgra...

Reliable Sports owner Ken Vos sold to a different buyer. By Sydney.Smith@hollandsentinel.com (616) 546-4219 Reliable Sports isn ’t going anywhere. After Holland City Council approved an affordable housing development earlier this year, developer General Capital could not secure funding through the Michigan State Housing Development Authority , and Reliable Sports owner Ken Vos sold to another buyer who wants to keep the business open. Vos confirmed that the building is under contract to be sold in a sale that will be finalized at the end of September. The building located at 254 S. River Ave. was sold in July. Vos declined to share who the new owner will be, but said they "are a prominent figure in downtown Holland ." He still plans to retire, and a retirement sale is underway at the store. Since the business will remain open, that means the planned 54- unit affordable housing building Centennial Apartments will not happen — unless the new buyer decides to work with...

AGOURA, CA - AMCAL Multi-Housing, one of California's leading builders of workforce and affordable housing , has just announced plans for two new, apartment developments in Los Angeles stemming from the recent funding from California Tax Credit Allocation Committee (TCAC). TCAC funding will be used by AMCAL to finance the Argyle Apartments, a 40-unit development in Hollywood, and the Terracina Apartments, a 72-unit development in South LA. Construction on both is set to begin this Fall. "Our success in receiving these awards is a result of our ability to develop adequate soft funding , which made our applications competitive and demonstrated a readiness to proceed with the development," said Percival Vaz, chief executive officer of AMCAL. "We have also been able to secure equity investors and permanent lenders enabling us to move forward, whereas with the economy still struggling other developers without strong backgrounds and investor relationships have ha...

Las Brisas affordable -housing community contains approximately 160 rental units , varying in size and number of bedrooms.</strong>" title="Las Brisas 1" width="400" height="300" class="size-full wp-image-16158" /> Cory Bilicko/Signal Tribune Signal Hill’s Las Brisas affordable -housing community contains approximately 160 rental units , varying in size and number of bedrooms. Nick Diamantides Staff Writer Approximately five years after the completion of the Las Brisas affordable -housing community in Signal Hill, programs offered at the site are still succeeding in improving the lives of the people who live there. The project was developed in two phases under the auspices of Los Angeles- based Abode Communities with funding from the now- defunct Signal Hill Redevelopment Agency , as well as financial assistance from other public and private sector entities . According to Robin Hughes, president of Abode Communities , Las Brisas c...

Brookwood Village, the largest community in the state of Oklahoma, traded for $60.5 million. ARA Newmark worked on behalf of the seller—Case & Associates—according to Yardi Matrix data . Weidner Apartment Homes , a real estate investment and management company, purchased the 1,128-unit asset that last traded 18 years ago for $31.3 million, or $27.704 per unit.    Located at 9401 South Shartel Ave ., the property is less than four miles from the junction between interstates 240 and 35, approximately 11 miles from downtown Oklahoma City and within a 12-minute drive from the Will Rogers World Airport . Planet Fitness, Goodwill and other major retailers border Brookwood Village . Value-add potential Built in 1970 and renovated extensively in the mid 1990’s and again in 2015 and 2016, the garden- style property features 120 studios , 460 one-, 540 two- and eight three-bedroom units. Apartments range from 564 square feet to 1,200 square feet. Amenities include nine swimming pools, si...

The city of Tampa is on the cusp of a total makeover. With billions of dollars in investment and dozens of new apartment, condo, office and cultural buildings in the pipeline, the city's skyline and surrounding communities are poised to look a whole lot different than what it does today. But dreaming up the future of Tampa doesn't come without its challenges. For all the promises of a new urban core filled with hotels, parks, food halls and stores, there are also potential pitfalls. The Tampa Bay Times identified the five key obstacles that stand in the way of some of the biggest projects proposed in Hillsborough County . Many of these challenges are ones local politicians and business leaders have been fighting for years to find a solution. Others are fairly new territory, but still pose a real threat to the region's continued growth. [LOREN ELLIOTT | Times] A construction site is seen just north of Amalie Arena in downtown Tampa , Fla., on Monday, May 1, 2017. Curr...