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Hines Enters Joint Venture Agreement for Offices at Chandler Viridian

PHOENIX, Aug. 21 -- Hines issued the following news release: Hines, the international real estate firm , has entered into a joint venture agreement with New York Life Real Estate Investors , on behalf of its institutional client , as its equity partner to develop the Offices at Chandler Viridian .The Offices at Chandler Viridian is a six-story, Class A office building with 250,000 square feet of space located at the intersection of Loop 101 and Loop 202 near the Chandler Fashion Center ."The Offices at Chandler Viridian is a highly desirable office building offering users the connectivity needed in today's business world. The addition of New York Life Real Estate Investors ' institutional client creates a powerhouse partnership for this project," said Chris Anderson, managing director and Arizona leader for Hines. "Without leaving the Chandler Viridian campus , tenants will be able to stay at a beautiful new hotel, live at a luxury multifamily complex , ea...

Warba Bank acquires property in Dallas

Warba Bank has adds another investment to its global real- estate investment portfolio with the acquisition of a property in Euless, a suburb of Dallas, Texas. Warba Bank’s equity investment in Suite 2801, a 417- unit apartment community , amounts to $23.46 million, a statement said. The acquisition came through a joint venture partnership with Cortland Partners, a full- service multifamily real estate acquisition , development, and operating entity. This transaction follows the bank's successful real estate expansion strategy , derived from in-depth research, undertaken by the Investment Banking Group . Commenting on the bank's third acquisition in the US since the beginning of this year, Thuwaini Khaled Al -Thuwaini, deputy chief investment banking officer , said:  "We’re excited to record another milestone under the bank's global real estate investment programme due to the hard efforts of the team at the Investments Banking Group . Warba Bank is keen on ide...

Oakbrook Investments LLC Sells 272 Shares of Mid-America Apartment Communities, Inc. (MAA)

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America Apartment Communities logo" title="Mid- America Apartment Communities logo" class="companylogo" /> Oakbrook Investments LLC decreased its position in shares of Mid- America Apartment Communities , Inc. (NYSE:MAA) by 5.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4 ,551 shares of the real estate investment trust ’s stock after selling 272 shares during the period. Oakbrook Investments LLC ’s holdings in Mid- America Apartment Communities were worth $480,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MAA. Roanoke Asset Management Corp NY increased its position in Mid- America Apartment Communities by 48.0% in the second quarter. Roanoke Asset Management Corp NY now owns 3,625 shares of the real estate investment trust ’s stock worth $3...

Milestone Apartments REIT Completes US$74.0 Million Acquisition of Shadow Creek Apartments in Houston

TORONTO / DALLAS, TX, Oct. 30, 2014 (Canada NewsWire via COMTEX) -- Milestone Apartments Real Estate Investment Trust (MST.UN) ("Milestone" or the "REIT") today announced that it has completed the purchase of Villas at Shadow Creek ("Shadow Creek" or the "Property"), a 560- unit multifamily apartment community located in the Pearland submarket of Houston, Texas, for a purchase price of US$74.0 million. This acquisition was previously announced by the REIT on September 15, 2014. Shadow Creek was built in two phases in 2006 (296 units) and 2007 (264 units) and is currently approximately 95% occupied, with average monthly rents of approximately US$1,200 per unit. The Property's average in-place rents are higher than the REIT's portfolio average in part due to a higher proportion of two and three- bedroom apartment suites . Shadow Creek has the potential for a value- add program relating to unit interior upgrades . The Property features ...

Archstone adds to units on Westside

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Firm buys apartment complexes in Marina del Rey and Venice for $100 million. financial partner UBS Global Asset Management bought the 475,000-square-foot Riverside Plaza from Westminster Funds for about $85 million." alt="Vestar and financial partner UBS Global Asset Management bought the 475,000-square-foot Riverside Plaza from Westminster Funds for about $85 million." /> Vestar and financial partner UBS Global Asset Management bought the 475,000-square-foot… (Vestar ) Colorado apartment landlord Archstone broadened its Southern California empire this month by spending more than $100 million on seaside properties in Venice and Marina del Rey . Archstone, which operates upscale apartments in coastal markets, bought the Frank, a 70-unit complex on Rose Avenue in Venice, for $56.2 million. It also purchased the Bay Club, which has 205 units -- and 207 boat slips -- on Tahiti Way in Marina del Rey for $43.95 million. The Frank, which was renamed Archstone Venice ...

Where Do Most Renters Want To Live — And Where Are They Trying To Escape?

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Unable to commit. Fear of missing out on something else (#FOMO). Not ready to settle down. No, we're not referring to your ex. Renters also often get a bad rap for being more flighty than their homeowner peers. And it isn't completely unfounded. Nearly two-thirds of renters, about 64%, plan to settle down in a different city, according to an Apartment List report . So where do they want to go? And, perhaps more importantly, where do they want to leave? The rental website surveyed about 24,000 renters, nearly two-thirds of whom were millennials, and then dug into its own internal data for the report. Apartment List looked at 50 large metros across the country for the report. It turns out renters in the priciest metros on the coasts, such as New York and San Francisco, and in inland cities where costs are rising rapidly, like Denver and Austin, TX, are the most eager to move. Folks in colder climes where there aren't as many good- paying job opportunities , like Milwaukee...

Townhomes & Condos For Sale in Arlington Heights, Illinois - August 2017

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There are currently 168 townhomes & condos for sale in Arlington Heights with an average list price of $208,575. Arlington Heights Subdivisions with Townhomes & Condos for Sale: 12 Oaks At North Arlington - 1 home for sale 12 Oaks at North Arlington is a townhouse subdivision built in the mid 1960s. 12 Oaks at North Arlington is located in Arlington Heights, Illinois on the east side of Arlington Heights Road just north of Thomas Road. 121 S. Vail - 1 home for sale 121 S. Vail is a 27 unit condo building built in the 1970s. 121 S. Vail is located in Arlington Heights, Illinois. 205 W. Miner Street - 1 home for sale 205 W. Miner Street is a 28 unit condo building built in 1975. 205 W. Miner Street is located in Arlington Heights, Illinois. Arlington Crossings - 2 homes for sale Arlington Crossings is a 66 townhouse community built in the 2010 by Pulte Homes. Arlington Crossings features town homes with floor plans ranging from 1,464 to 1,736 square feet of living ...

Luxury Windsor Terrace Apartment Features Basement Suite, Grill Gas Line

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WINDSOR TERRACE , BROOKLYN — This week's featured real estate listing is a luxury townhouse in Windsor Terrace with a host of features, including a basement suite and a dedicated gas line for your grill outside. Click here to see more photos of the home, and read the listing below. Address: 1662 10th Ave, New York City, New York Price: $2,750,000 Square Feet: 3150 Bedrooms: 4 Bathrooms: 3 Baths Built: 1915 Features: This stunning barrel- front Windsor Terrace townhouse features tons of details, a modern kitchen, large comfortable rooms , and an English basement apartment that can be used as a guest suite or rental apartment . The landscaped back yard features lovely plantings , a large grassy area plus two ipe wood decks and a dedicated gas line for your grill. The home is approximately 3150 square feet over three floors and has been tastefully restored with a clean, modern aesthetic while still retaining many period features . The parlor floor features an inviting ent...

Upper West Side Real Estate: Largest Apartment In Historic Apthorp Building

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UPPER WEST SIDE , NY — This six-bedroom, six-bathroom apartment is the largest renovated unit ever listed for sale in the Upper West Side 's historic Apthorp Building . The refurbished home features soaring ceiling heights , new oversized windows and floors of American Oak hardwood plank with decorative mahogany inlay throughout the apartment. Check out more photos of the home below, and see the full listing on realtor.com. 390 W End Ave Unit 2LM , New York, New YorkPrice: $18,500,000Square Feet: 6110Bedrooms: 6Bathrooms: 6 BathsBuilt: 1908Features: This impeccable grand residence is the largest renovated home ever offered for sale at the historic, landmarked Apthorp Apartments . Elias Associates, one of New York Spaces top 50 design firms of 2016, executed the renovation incorporating the highest level of detailed millwork and finishes, which complement the grand scale of The Apthorp architecture . Noteworthy features include soaring ceiling heights , new oversized windows ...

Dog-Friendly Digs In Forest Hills: Where To Rent With Your Pet Under $3K

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FOREST HILLS, QUEENS — Finding the right apartment can be a hairy pursuit in a metro as populous as New York City. For those looking to take their pets along for the move, the average pet-friendly apartment only allows feline friends — but Patch is here to help. Across Forest Hills lies a number of apartments under $3,000 where dogs are welcome. Here are some of the apartments in Forest Hills where residents can room with their canine companions: realtor.comAddress: 98- 30 67th Ave Unit 5D , Forest Hills, NY 11375 Monthly Rent: $2,850 Details: “No brokers fee. Renovated, huge two-bedroom, one-bathroom! Apartment features: eat-in kitchen/ dining area with stainless steel appliances , renovated bathroom, beautiful hardwood floors , lots of sunlight…” realtor.comAddress: 108 25 72nd Ave Unit 2B , Queens, NY 11375 Monthly Rent: $2,650 Details: “Lovely pre-war two-bedroom, two-bath home on the south side of the Boulevard! The grand formal entry foyer leads to the generously-sized and east...