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Tagged multi family

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multi family

Expert warns against building too much rental housing in Phoenix

William E. Wilkinson
March 5, 2022
Apartment Rentals
...

Apartment development OK for former Royal Oak brownfield site, but some artifacts – Daily Tribune

William E. Wilkinson
March 1, 2022
Apartment Units
Royal Oak officials have approved the construction of a 32-unit apartment building on the site of a former oil company outside the city center, but some neighbors are against it. The Delaware apartment project ...

Narrow Majority of Peters Township Council Voices Support for Apartment Project | Local News

William E. Wilkinson
February 17, 2022
Apartment Units
An informal poll from Peters Township Coun...

CIT Provides Financing for the Acquisition of an Apartment Complex in Plano, Texas | Texas News

William E. Wilkinson
February 10, 2022
Apartment Units
NEW YORK, February 10, 2022 /PRNewswire/ -- CIT, a division of First Citizens ...

Mission plans to build apartments on a long-vacant former call center site off Metcalf

William E. Wilkinson
February 8, 2022
Apartment Building
The City of Mission will consider a plan to redevelop a former JCPenney call center near Metcalf Avenue into a site for a new apartment building. Located on five acres at 5665 Foxridge Drive, the proposed redev...

Rental of 55-plus apartment complex in Auburndale begins Tuesday

William E. Wilkinson
January 31, 2022
Apartment Units
Rental of the 102 Auburn Village Apartments begins Tuesday, February 1 for people age 55 and older who meet income requirements.The apartment complex at 811 Jersey Road NW in Auburndale received approximately $...

The former Moors Golf Club in Milton is set to build a new apartment complex

William E. Wilkinson
January 26, 2022
Apartment Building
A A 350-unit apartment complex is planned for the former Moors Golf Club on Avalon Boulevard in Miltonbut some of the close neighbors plan to fight the development due to concerns about traffic, privacy and the...

Fire destroys 3-story apartment building in Penn Hills, 60 residents left homeless – WPXI

William E. Wilkinson
January 23, 2022
Apartment Building
PITTSBURGH — Fire crews battled a blaze for hours overnight in the freezing cold of the Rodi Arms apartments.The three-story building is completely destroyed.Penn Hills Chief Fire Marshal Chuck Miller said crew...

Demand for rental housing soars in highest and lowest income brackets, Harvard report says

William E. Wilkinson
January 22, 2022
Apartment Rentals
A new annual report from Harvard University's Joint Center for Housing Studies has confirmed what many tenants in Massachusetts' ultra-competitive market already know: tenants who buy at the lowest and highest ...

Amended Oak Grove apartment deal will revert to Vacaville City Council – The Vacaville Reporter

William E. Wilkinson
January 8, 2022
Apartment Units
The proposed Oak Grove apartment complex on South Orchard Avenue, which has been debated extensively in previous meetings, will return to Vacaville City Council with an updated plan on Tuesday. The board will ...

Ashcroft Capital Announces Acquisitions of Elliot Windsprint and Halston Park Central

William E. Wilkinson
January 5, 2022
Central Apartments
NEW YORK, January 5, 2022 / PRNewswire / - Ashcroft Capital, a fully integrated multi-family investment company, today announced the acquisition of Elliot Windsprint (formerly Windsprint Apartments) at Arlingt...

Castle Lanterra Properties celebrates an exceptional year

William E. Wilkinson
January 4, 2022
Apartment Units
SUFFERN, NY, January 4, 2022 / PRNewswire / - Castle Lanterra Properties (CLP), a New YorkNational real estate investment company, announced that the company had experienced exceptional activity in 2021, carr...

Local apartment market cools under historically difficult conditions | News

William E. Wilkinson
December 31, 2021
Central Apartments
A new report says the Bakersfield apartment market has eased somewhat in the l...

Central 9th ​​is gaining popularity

William E. Wilkinson
December 29, 2021
Central Apartments
The Central 9th ​​district began as a carving of a much larger district, a hamlet whose urban zoning and access to public transport gave it a distinct impression within its boundaries. The area closest ...

Housing study reveals growing demand, rising costs, shortage of rental housing, lack of diversity in region

William E. Wilkinson
December 28, 2021
Apartment Rentals
By Jalen Maki Editor-in-chief Tomahawk NORTHERN WISCONSIN - A study of the housing sector in five counties in northern Wisconsin found growing demand, rising costs, a shortage of rental housing and a lack of...

Disney plans new apartment complex with affordable units

William E. Wilkinson
December 17, 2021
Apartment Units
A 57-unit apartment complex slated for Mile Hill Drive in Port Orchard will receive city tax relief in exchange for some units being priced below market rates in an effort to expand affordable housing in the c...

Avanti Residential purchases $ 92 million of Artistry apartments at

William E. Wilkinson
December 17, 2021
Central Apartments
ST. PETERSBURG, Fla. And DENVER, Dec. 17, 2021 (GLOBE NEWSWIRE) - Denver-based Avanti Residential has acquired Artistry, a $ 92 million 246-unit luxury apartment community located in the heart of downtown Sai...

The development team wants to build 5,000 apartments on the site of the San Diego sports arena – with or without arena

William E. Wilkinson
December 14, 2021
Apartment Building
Four San Diego-based home builders plan to fill the city's 48-acre sports arena site with up to 5,400 apartments, running up against - and potentially exceeding - zoning restrictions in a city-centric shopping...

Where are Modesto, Turlock building new apartments, houses?

William E. Wilkinson
December 12, 2021
Central Apartments
...

Apartment developer plans $ 25 million project on North Meridian Street

William E. Wilkinson
December 7, 2021
Central Apartments
Tony knoble An Indianapolis-based developer plans to build a $ 25 million apartment project for middle-income residents north of downtown along Meridian Street. TWG Development LLC is in talks with cit...

LaTerra Development acquires 42-unit apartment building in the heart of West Hollywood for $ 29,200,000; Luxury renovation projects and addition of 10 accessory housing units

William E. Wilkinson
December 1, 2021
Apartment Units
“This is an ideal opportunity for LaTerra to apply our skills to create an updated living environment for tenants and increased overall value for the city and our investors,â€...

Housing development in Bethlehem may have to wait

William E. Wilkinson
November 23, 2021
Apartment Units
BETHLEEM - The city could extend its moratorium on large residential developments by six months.A public hearing will be held at the city council meeting at 6 p.m. Tuesday to discuss the potential extension of...

TerraCap Management acquires 354 unit apartment complex in Peachtree Corners, Georgia

William E. Wilkinson
November 18, 2021
Apartment Units
THE FISHING CORNER, Georgia, November 18, 2021 / PRNewswire / - TerraCap Management LLC, a private investment company headquartered in Naples, florida, today announced the acquisition of The Reserve at Peacht...

Philadelphia is a leader in transforming old factories and offices into apartments

William E. Wilkinson
November 4, 2021
Apartment Building
For more than a century, the imposing brick building at the corner of 31st and Jefferson Streets housed a brewery, then a warehouse, small businesses and, briefly, another brewery. More recently, it has remai...

Grand opening planned for NE Bend mixed-use affordable housing community

William E. Wilkinson
November 3, 2021
Central Apartments
BEND, Ore. (KTVZ) - Housing Works is pleased to announce the opening of a new mixed-use property in Bend. On Wednesday, November 10, starting at 3 p.m., Housing Works staff will meet with partners, g...

Halstatt Real Estate Partners announces the sale of Lakeside Central apartments in Brandon, Florida.

William E. Wilkinson
November 2, 2021
Central Apartments
NAPLES, Florida - (COMMERCIAL THREAD) - Halstatt Real Estate Partners, a real estate private equity firm, today announced the sale of the Lakeside Central apartments in Brandon, Florida. Halstatt, in ...

Nearly 600 apartments on the drawing board for Willow Lawn

William E. Wilkinson
October 25, 2021
Apartment Units
The Willow Circle apartment complex would rise seven stories across from Kroger. (Images from Poole & Poole Architecture) The Willow Lawn area is full of retail and restaurant businesses, single family h...

Breeden Construction to build $ 38.9M additions to apartment complex

William E. Wilkinson
October 22, 2021
Apartment Units
Home New Industries Commercial real estate Breeden Construction to build $ 38.9M additions to apartment complex Second phase of Center West Apartments under construction Posted 22 O...

New York is considering law requiring homeowners to provide free internet access

William E. Wilkinson
October 19, 2021
Central Apartments
through: Catherine brenzel, The real deal, Nexstar Media Wire Posted: October 19, 2021 / 10:33 a.m. PDT / Update: October 19, 2021 / 10:33 a.m. PDT ...

housing study provides insight into Winchester today | Winchester Star

William E. Wilkinson
October 19, 2021
Apartment Rentals
WINCHESTER - A local housing study published last week does more than show wh...

Tenants want court to force Metrowide Apartments to relinquish control of complexes

William E. Wilkinson
October 15, 2021
Central Apartments
A group of tenants want a judge to force MetroWide Apartments to hand over the management of five complexes to a third party while the properties are foreclosed. They say owner Joshua B...

Pinnacle Housing to build affordable rentals in Hollywood

William E. Wilkinson
October 15, 2021
Apartment Rentals
Site rendering at the southwest corner of Johnson Street and State Road 7 with Pinnacle Housing Regional Vice President Timothy Wheat (Pinnacle Housing) Pinnacle Housing has been given the green light to ...

Despite the community’s decline, residential development of 186 units will begin in June 2022

William E. Wilkinson
October 14, 2021
Apartment Units
ASHEVILLE, North Carolina (WLOS) - The days are numbered for the old Fuddruckers restaurant on the corner of Charlotte and Chestnut streets.According to Rusty Pulliam, President and CEO of Pulliam Properties, ...

Marquis Property Co. sells Santa Monica apartment building for $ 70 million

William E. Wilkinson
October 11, 2021
Apartment Building
The accommodations at 301 Ocean Ave. feature private outdoor spaces, some ...

Sound Point Capital Provides $ 53 Million Acquisition Loan for Apartments in Tampa Area – Business Observer

William E. Wilkinson
October 8, 2021
Apartment Units
FMV Capital incurred $ 53 million in debt to acquire a multi-family property in a planned community just outside of Tampa, Florida, Commercial Observer can first report. Sound Point capital management pr...

A look at Charlotte’s latest residential projects – WSOC TV

William E. Wilkinson
October 6, 2021
Apartment Units
CHARLOTTE - A plethora of apartment projects are underway in several communities around Charlotte.In Cornelius alone, three mixed-use developments - each with a multi-family component - received the green ligh...

FINFROCK Announces New $ 120 Million Aliro Apartment Project in North Miami Beach

William E. Wilkinson
October 6, 2021
Central Apartments
Designer-builder FINFROCK will inaugurate the Aliro multi-family project in spring 2022. The multi-family project will first be completed in the new FINFR...

Longtime owner sells Bloomfield apartment building

William E. Wilkinson
September 30, 2021
Apartment Building
BLOOMFIELD, NJ - An apartment building in Bloomfield was recently sold to a buyer who is developing a "large multi-family portfolio" in suburban Essex County, according to a New Jersey real estate company.193 ...

Built-for-rent homes arrive in suburban Tampa Bay as industry booms

William E. Wilkinson
September 29, 2021
Apartment Rentals
Florida has long been home to the suburban sprawl - the landscapes of nearly identical houses with emerald lawns are as typical of the state as its reptile-filled swamps.But a new kind of suburb is developing ...

New law treats ‘workforce’ apartments as meeting middle-income housing quotas – Silicon Valley

William E. Wilkinson
September 29, 2021
Central Apartments
Cities and counties in California will soon be able to count conversions of middle-income apartments into their affordable housing quotas under a bill signed by Governor Gavin Newsom on Tuesday, September 28. T...

New law counts ‘workforce’ apartments as meeting middle income housing quotas – San Bernardino Sun

William E. Wilkinson
September 29, 2021
Apartment Building
Cities and counties in California will soon be able to count conversions of middle-income apartments into their affordable housing quotas under a bill signed by Governor Gavin Newsom on Tuesday, September 28. ...

Hovde Properties Moves Forward with Lake Avenue Property Redevelopment | Local News

William E. Wilkinson
September 26, 2021
Apartment Units
The development agreement includes the caveat that the “Root Works” ordinance will be in place, which will require construction labor hours to include 20% for qualified and ...

New 48-unit apartment complex nearing completion

William E. Wilkinson
September 24, 2021
Apartment Units
Friday, September 24, 2021 3:16 PM ...

IPA sells Accolade to North Phoenix for $ 155 million

William E. Wilkinson
September 24, 2021
Central Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), today announced the sale of Accolade, a 548-unit multi-family asset in Phoenix, Arizona. The property sold for $ 15...

Housing on parking? Architects propose to build apartments on public land | New

William E. Wilkinson
September 23, 2021
Apartment Building
As Palo Alto offers a new vision for housing growth, two local architects come up with an idea that they believe could generate up to 1,000 new homes near downtown and California Avenue: build homes rather tha...

Old Sawmill Redesigned to Provide Access to Affordable Housing in New Albany, Indiana | State

William E. Wilkinson
September 23, 2021
Central Apartments
NEW ALBANY, Ind., September 23, 2021 / PRNewswire / - Kittle Property Group, I...

Multi-family housing starts increase in August as single-family families decline

William E. Wilkinson
September 22, 2021
Apartment Units
Multi-family housing starts rose sharply in August while single-family housing starts declined, according to a report from the US Department of Housing and Urban Development and the US Census Bureau. The mult...

SALT Development to build 280-unit luxury apartment community as part of Mountain View Village Phase II

William E. Wilkinson
September 21, 2021
Apartment Building
RIVETON, Utah - (COMMERCIAL THREAD) - SALT Development and CenterCal Properties LLC are pleased to announce the planned construction of Village Lofts, a brand new Apartment community with resort-like ...

Lawyers issue recommendations for Nevada’s share in ARP housing funds

William E. Wilkinson
September 20, 2021
Apartment Rentals
The Nevada Housing Coalition is calling on the state to invest $ 500 million from the American Rescue Plan Act in affordable housing with a focus on building units for the ...

Carolina Beach Road apartment complex opposed by neighbors

William E. Wilkinson
September 20, 2021
Apartment Units
If Mark Calnon had known about plans to build a four-story apartment complex near the village of Motts Landing in southern New Hanover County, he and his wife would not have bought much in the development.Or a...

CSCDA Community Improvement Authority and BLVD Impact Housing have joined forces to convert Dublin apartments into moderate income housing

William E. Wilkinson
September 16, 2021
Apartment Units
Originally built in 2003 as a market-priced community, the luxury apartments have a set of top-notch amenities including a resort-style swimming pool, 24-hour gym, cinema , a clubhouse and shops on the ground...

Two large-scale multi-family developments launched for 16th Street

William E. Wilkinson
September 16, 2021
Central Apartments
apartment units to the city's portfolio."/>HOLLAND - Two large-scale multi-family developments may soon be under consideration in Holland.The projects, both located on 16th Street, were presented at a study ses...

Legislature passes Senator Wiener’s bill to ensure honesty in zoning

William E. Wilkinson
September 10, 2021
Apartment Units
SACRAMENT - Senator Scott Wiener's (D-San Francisco) housing legislation, Senate Bill 478, was passed by the Assembly by a bipartisan vote of 56-14 and the Senate by a bipartisan vote of approval of 30-6. SB ...

Wangard Partners seeks to add more apartment units to its Olympia Fields project in Oconomowoc

William E. Wilkinson
September 7, 2021
Apartment Units
Wangard Partners Inc. is looking to add another 26 unit apartment building to the multi-family component of its Olympia Fields development neighborhood in Oconomowoc. According to city documents, the Wau...

These Charlotte Postal Codes Resulted in Numerous Deportations Despite Federal Moratorium | DFA 90.7

William E. Wilkinson
September 3, 2021
Apartment Rentals
While a federal moratorium has dramatically reduced evictions in Mecklenburg County, those that have occurred have most often been in some of the county's most vulnerab...

San Fran Real Estate Company Pays Record Price for Colorado Springs Apartment Complex | Premium

William E. Wilkinson
August 24, 2021
Apartment Units
A San Francisco-based real estate company that owns several apartment project...

Finding apartments for rent at the moment is difficult, buying or building houses is also a challenge

William E. Wilkinson
August 22, 2021
Apartment Building
House For Sale In Idaho Falls, EastIdahoNews.com IDAHO FALLS —— Rexburg residents Alee Noland and her husband Nate didn't expect to be in the position they recently found th...

This week in the archives: construction boom, Boone’s wall, Olympian special in the spotlight | Community

William E. Wilkinson
August 16, 2021
Apartment Units
Editor's Note: This article features news and photos from previous editions o...

The owner’s game | Radio-Canada News

William E. Wilkinson
August 16, 2021
Apartment Rentals
More money, more problems: Northview Apartment REIT But Northern Property's growth was only just beginning. In 2015, the company acquired the r...

Investors Seek USC Homes | Los Angeles Business Journal

William E. Wilkinson
August 16, 2021
Apartment Units
Ashland Pacific owns and operates 40 properties within a one mile radius of...

Lady Lake says the city never “dreamed” of apartments in the square

William E. Wilkinson
August 14, 2021
Central Apartments
In her legal fight with The Villages, Lady Lake says the apartments were never 'dreamed of' decades ago, when Spanish Springs Town Square became a central part of the city. The Villages of Lake-Sumter Inc. and...

Northwest Austin Cave prompts ZAP to defer vote on apartment complex

William E. Wilkinson
August 9, 2021
Apartment Building
With more questions than answers available to consider a multi-family development project at a closed Luby's cafeteria site in northwest Austin, the Zoning and Platting Commission delayed ...

Chestnut Hill Realty Hosts Ribbon Cutting at Hancock Village

William E. Wilkinson
August 6, 2021
Central Apartments
Opposite (left to right): Marc Levin, President, Development and Construction, Chestnut Hill Realty;Mel Kleckner, City Manager, Brookline; Ed Zuker, Founder and CEO of Chestnut Hill ...

Tremont Mortgage Trust completes initial $ 13.4 million mortgage bridge loan to finance the acquisition of Parallax Apartments in Portland, Oregon

William E. Wilkinson
August 3, 2021
Apartments Rate
NEWTON, Mass .-- (COMMERCIAL THREAD) -Tremont Mortgage Trust (Nasdaq: TRMT) today announced the closing of a $ 13.4 million variable rate bridge loan to finance the acquisition of Parallax Apartments,...

Four apartment buildings planned for the old McIntosh College in Dover NH

William E. Wilkinson
August 3, 2021
Apartment Units
DOVER - Portsmouth-based developer Todd Baker, president of Baker Properties, plans to build four apartment buildings on the former McIntosh College property at 23 Cataract Ave.Baker said each of the four mult...

Alliance Residential innovates in the senior residence tower, Holden de Bellevue, in the heart of Bellevue

William E. Wilkinson
August 3, 2021
Central Apartments
Holden of Bellevue “We are absolutely delighted that construction is underway. From the very beginning of this development to the...

Square One building that launched Sandy Springs’ era of mixed-use apartments is sold

William E. Wilkinson
August 2, 2021
Apartment Building
“We thought it was a great acquisition,” said Cunningham. “We love downtown and City Springs (campus). We love walking and want to be part of the communi...

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