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Canyon Creek Apartments Near Portland Sells for $49.5M

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Community amenities at Canyon Creek include a swimming pool, hot tub, fitness center, playground, clubhouse and business center. PORTLAND, ORE. — Aukum Management LLC has purchased the 372- unit Canyon Creek apartment community in the Portland submarket of Wilsonville for $49.5 million. The community is located at 26310 SW Canyon Creek Road , about 16 miles south of Downtown Portland. The property is 95.7 percent leased. Its units average about 858 square feet. Community amenities include a swimming pool, hot tub, fitness center, playground, clubhouse and business center. The seller, a private investor, was represented by HFF’s Ira Virden and Kerry Hughes. Tagged sales_and_leases

Canyon Creek, Foxfire apartment complexes in Tulsa are sold | Real Estate

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Two Tulsa apartment complexes have been purchased by separate investors for more than $16 million. The properties include Canyon Creek Apartments at 2102 E. 51st St. and Foxfire Apartments at 7324 S. Wheeling Ave., Tulsa County land records indicate. The 384- unit Canyon Creek Apartments was purchased for $9.6 million in a joint venture by Investors Properties Services of Irvine, Calif., and Oro Capital Advisors of Los Angeles. Michael Chesser, president of apartment income investors for IPS, said the company was attracted to Canyon Creek because Tulsa made a favorable impression. "We own properties all over the country, and we're interested in Tulsa because of its stability and the favorable economic conditions there," he said. In fact, Chesser said the company will close on the purchases of four more Tulsa apartment properties this spring. Although Canyon Creek's occupancy has suffered somewhat from the construction on Interstate 44 near Lewis Avenue...

University Unveils New Alumni Center, Housing, Adds Dining Options - News Center

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Text size: campus Aug. 17, 2017 This fall semester, The University of Texas at Dallas will debut new facilities, including two apartment complexes and an alumni center, and expand its dining options that will further enhance the campus environment. “It is exciting to see the growth and change that has occurred on our campus over the past decade, and even just in the past year,” said Dr. Calvin Jamison, vice president for administration. “As we continue to evolve into a 24/7 campus environment, the need for more amenities and services has increased, and our service-oriented team has responded.”  New Housing, Buildings   Canyon Creek Heights North and South, two fully furnished, apartment-style complexes at the intersection of Waterview Parkway and Tatum Street/Loop Road Southwest, will add a total of 800 new beds to campus this fall.  Canyon Creek Heights South includes a mix of efficiency, one- and two-bedroom apartments, as...

College Handbook: The story behind 5 odd street names in Chico

Chico’s street names have meanings, some clear and some obscure. New residents quickly learn that the first letters of Chestnut, Hazel, Ivy, Cherry and Orange streets — which line up east to west — spell out Chico, but there are a number of streets in the vicinity of Chico State University that aren’t so obvious. They include: Normal Avenue Chico State University traces its roots to the state Normal School — a teachers college — that was established in 1887 on a cherry orchard Chico founder John Bidwell donated to the state. Normal Avenue was originally called Sycamore Street , but the name was changed when the college arrived. Normal is also a bit abnormal in that the vast majority the roads south of Big Chico Creek are streets, but Normal is an avenue. Most of the roads north of the creek are avenues. Mechoopda Street/Rancheria Drive These two streets between West Sacramento and West First avenues, between Warner and North Cedar streets , reference the Indian rancheria that u...