The 234 Apartment

Woodcrest Country Club will be preserved in perpetuity under a deal reached between owners and town officials . (Photo: JOHN ZIOMEK/Courier-Post) Story Highlights The Short Hills complex, to be made up entirely of affordable units , would be developed by Fair Share Housing Center , a Cherry Hill- based advocacy center for affordable housing . CHERRY HILL – A deal to preserve Woodcrest Country Club could put more than 800 apartments on commercial sites on the township's west side, including the current headquarters of Subaru of America. The plan, which needs a judge's approval, would include from 90 to 124 units for people with low and moderate incomes — part of an agreement to settle a 30- year court fight over Cherry Hill's affordable-housing obligation. Township officials have said the agreement would bar future development at the 180- acre country club . The club's owner, Cherry Hill Land Associates , had sued the township in an effort to build an 844- unit apa...

In the spring of 2015, residents of the Forest Hills Apartment complex complained about their air conditioners not working, mold in their apartments, outdated fire extinguishers , broken electrical outlets and slow response times from the management company . Now after about 18 months of renovations, things are starting to improve, residents say. “They’ve got a new manager, Ms. Eunice, and she is really, really trying to get some stuff done here,” Joyce Mosley, a long time resident of Forest Hills, said. “She has repaired several apartments, taken care of mold issues. They’ve sent in painters and plumbers.” Resident Keith Miller agreed . He said on a scale of 1 to 10, he’d give the new management an eight, primarily for their effort. He said things are not perfect, but he sees some improvement. Forest Hills has had a history of troubles in recent years. The 136- unit apartment complex is on Seventh Avenue and has 96 apartments reserved for residents who receive federal housing su...

Summit Ridge luxury apartment development on River Road in Allentown" alt="Construction has resumed at the Summit Ridge luxury apartment development on River Road in Allentown" /> Construction has resumed at the Summit Ridge luxury apartment development … (MICHAEL KUBEL, THE MORNING…) April 30, 2013 | By Peter Hall, Of The Morning Call Nearly three years after construction stalled at the Summit Ridge Apartments on Allentown's east side, a New Jersey real estate firm has picked up where the project's bankrupt developer left off. After foreclosing on the property and winning an $8.3 million verdict in Lehigh County Court , Diversified Realty Associates of Summit, N.J., aims to complete the luxury apartment buildings by the end of the year. The project's hiatus, which left some residents living amid an abandoned construction site , was the result of former developer David Connolly 's financial meltdown that led federal prosecutors to charge him l...

A Felton woman has become the second victim of a deadly fire that swept the Woodcrest Arms apartment complex June 6 . Jeff Brown, News Editor A second victim of the June 6 fire at Woodcrest Arms apartment complex has died. Christina Lynn Taylor , 33, of Cedar Grove Church Road , Felton, died the afternoon of June 7 while at Crozier Chester Burn Center , Chester, Pa., said Dover Police Capt . Tim Stump. Taylor and her boyfriend had been at the apartments to help a relative move, Stump said. The boyfriend, whose name was not released, was still at the burn center, where he had been taken with life-threatening injuries after the fire. Stump also identified the first victim of the blaze as Jacqueline Wuest, 61. Wuest’s body was found in her third- floor apartment during an initial sweep of the building. The city of Dover fire marshal is continuing his investigation into the cause of the fire, Stump said. -------------- An early morning fire ripped through a building in Woodcr...

The Horizons at Rock Creek apartments in Superior have been sold in the largest multifamily transaction in Colorado history . In a deal that closed Monday, real estate investor Bell Partners of Greensboro, N.C., will pay about $250 million for the 1,206- unit luxury apartment complex to the southeast of U.S. 36 and South 88th Street . It marks the first western U.S. acquisition for Bell Partners, whose $ 5 billion apartment portfolio is based primarily in the Southeast. “They were looking for an opportunity to get into this market and establish a beachhead,” said Terrance Hunt, executive managing director of ARA, a Newmark Co., which brokered the transaction. “This was a prime opportunity for them to set up shop here.” The 80- acre property features a 13-acre lake and a 24,000-square-foot clubhouse. Horizons at Rock Creek sits west of the Interlocken business park and the FlatIron Crossing mall in Broomfield. “They will really be able to take advantage of the Interlocken mar...

http://www.sfgate.com/sports/article/SF-Deltas-room-together-in-Nob-Hill-apartment-11729292.php By Juan Reyes Updated 11:06 am, Friday, August 4, 2017 Nana Attakora relax in Ouimette’s apartment in San Francisco . Photo: Scott Strazzante, The Chronicle" /> Photo: Scott Strazzante, The Chronicle The Deltas’ Karl Ouimette (left) and Nana Attakora relax in Ouimette’s apartment in San Francisco . It’s Wednesday afternoon and some pro soccer players are sitting around a small kitchen table , immersed in an intense card game similar to poker. San Francisco Deltas team captain Nana Attakora shuffles his cards with his thumbs, patiently waiting for his teammates to make a move. Bryan Burke throws down his hand and says he’s out of the game, followed quickly by Danny Cruz, as a song from Kanye West’s “Life of Pablo” album blares in the background. Attakora stares down Kyle Bekker, who’s taking his sweet time, but like his teammates before him, Bekker folds as well. This is jus...

CHEYENNE ­– A proposed apartment complex that would offer low- and middle- income housing in north Cheyenne won a key stamp of approval Monday night when the City Council voted to rezone land for high-density development. Councilman Dicky Shanor was absent for the 9-0 decision. Developer Summit Housing Group plans to build a three-building, 72-unit complex for low- and middle- income residents east of Converse Avenue between Storey and Dell Range boulevards . Sam Lang, a Summit senior project manager , said his firm is aiming to break ground on the project by early next year pending city approval of building plans . Despite indications that the council would support the move, nearby homeowners who oppose the project again came out to protest the developer’s plans and city processes . Krystal Lewis, who lives on Plainview Road just east of where the apartments would sit, said the complex was stretching the city’s zoning rules and development code. The complex didn’t call for e...

Framing began this week for 346 apartments in Chino Hills on the northeast corner of Fairfield Ranch Road and Monte Vista Avenue , east of the 71 Freeway. Units are expected to open in May 2018, according to Eric Heffner, director of real estate development for Bridge Investment Group Holdings , LLC. He said he could not predict the rent but costs will be priced at what the market will bear when they open. The very- high density apartment complex on 15 acres will include 18 buildings containing 1-to 3-bedroom units, ranging in size from 751 to 1,276 square feet. Gross density of the project is 23 dwelling units per acre. The gated complex will be called Crossings at Chino Hills and include a 4,077-square-foot clubhouse and gym, barbecue areas, grass areas, and a dog run. Wermers Multifamily Corporation is the contractor. It adjoins the Fairfield Ranch Commons business park that is almost fully occupied. The business park and apartment complex properties were purchased by Turner R...

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...

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 ...

A wealthy Orange County investor has acquired Brookstone Apartment Homes in Buena Park for $38 million. Patrick Cadigan , the former chief executive of Electronic Engineering Co. of California, bought the 184-unit community at 7400 Artesia Blvd. from L&B Realty Advisors , a Dallas- based investment firm with real estate holdings across the country. Built in 1977, Brookstone consists of 112 one-bedroom and 72 two-bedroom units across 17 two-story buildings. The property features a pool and spa, a fitness center and covered parking. Carl Greenwood , general partner of real estate investment firm Greenwood & McKenzie, said Cadigan liked the quality of the recently renovated complex . “There’s a shortage of supply of good apartment complexes for sale,” he said. Cadigan, who made headlines last year when he pledged to donate $27 million to a pair of schools in Boston, is one of the county’s largest real estate investors . He owns nearly 1, 800 apartment units across 11 comple...