The 234 Apartment

A pair of Kissimmee apartment communities both located just off John Young Parkway changed hands last week to different buyer groups for nearly $90 million. Virginia-based Chandler Management Corp. paid $49.5 million on Aug. 8 for the  Lake Tivoli Apartments . The 384-unit complex was developed in two phases, with the bulk of the property built in 1990. The second phase was added in 2002. The gated complex, which is located midway between Kissimmee's two major hospitals, consists of 36 two-and three-story buildings and was 97-percent occupied at the time of sale. CBRE ’s Shelton Granade, Luke Wickham, and Justin Basquill represented the seller in the transaction. The second sale took place in The Hunter's Creek/LOOP submarket. New York-based Bluerock Real Estate  paid $40 million on Aug. 9 for Sonoma Pointe apartments . The Class-A community, located on John Young Parkway across from The LOOP shopping center , was completed in 2015. This is the fifth Central Florida multi...

Wave Lakeview is a 30-story, 207- unit modernist apartment tower at 420 W Belmont Ave in Chicago’s Lakeview East neighborhood . The building was designed by the architecture firm of Schiff & Freides, and was completed in 1967. It was converted to condos in 1979 and converted back to apartments in 2017 as the largest condo deconversion in Chicago. Wave Lakeview is nearing completion of a major renovation, which includes an expansion of its amenities. Apartments are available for immediate occupancy. The apartments Wave has a mix of studio, convertible, 1- and 2-bedroom, bath-and-a-half apartments. Studios are 550 square feet. One-bedrooms, some of which have a bath-and-a-half, range in size from 715 to 1,000 square feet, and 2-bedroom, 1 1/2- bath apartments span 1 ,144 square feet. Kitchens have lacquered matte painted -look custom European style cabinetry with soft-close drawers, polished white quartz countertops , white glass mosaic tile backsplashes , Energy- Star rated stai...

Copyright © 2015 Albuquerque Journal Platinum Apartments construction project employs a 60-foot- high building crane to lift prefabricated framing panels into place. Building cranes on an urban skyline are a common sign that a city is experiencing redevelopment. (Adolphe Pierre-Louis/Albuquerque Journal)" width="265" height="400" /> The Platinum Apartments construction project employs a 60-foot- high building crane to lift prefabricated framing panels into place. Building cranes on an urban skyline are a common sign that a city is experiencing redevelopment. (Adolphe Pierre-Louis/Albuquerque Journal) Optimism was in the air in early 2007 when preliminary plans got underway for a four- story housing project a block south of Central Avenue at the east end of Nob Hill. “Over the next decade, you’re going to see the entire landscape in that area change,” Chicago- based developer Rick Goldman told the Journal in an article from February of that year. Go...