The 234 Apartment

A man suspected of first-degree arson for allegedly starting a fire in his Belmont apartment unit earlier this month was arrested on a warrant Sunday night following his release from the hospital after he was treated for injuries he sustained in that blaze. Around 9:30 p.m. Aug. 6, the Pueblo Fire Department was dispatched to a fire at the Casa Del Sol Apartments on the 1700 block of Constitution Road and arrived to find heavy smoke coming from a unit. Upon entering the apartment the smoke was emanating from, fire personnel discovered that there were two separate and distinct fires inside , according to an arrest affidavit. One of the fires was located near the center of the living room near a pile of materials, and the other was in the bathroom. There were three points of origin for the fires, police said. After performing a quick attack, firefighters were able to contain the blaze to just the one unit. Police called to the scene to begin an arson investigation...

Copyright © 2013 Albuquerque Journal Construction is expected to begin in early October on the $ 23 million Broadstone Cottonwood , a 254- unit luxury apartment project on the hill between the Intel Corp. plant in Rio Rancho and Albuquerque’s Cottonwood area. A joint venture of Albuquerque’s Titan Development and Phoenix- based Alliance Residential , Broadstone Cottonwood will be built on 13.3 now-vacant acres on the west side of N.M. 528. It will consist of 24 mostly two- and three-story buildings with a total of 325,433 square feet of space, which includes rental garages . Designed in what could be called a California Mission style of architecture, the Cottonwood project will be a variation of another Titan-Alliance collaboration, the 280- unit Broadstone Santa Monica apartments at 6401 Santa Monica NE , east across Interstate 25 from the Journal Center . Advertisement Continue reading The Cottonwood and Santa Monica projects combined create work for about 700 workers in constr...

Welcome to Curbed Comparisons , a column that explores what one can rent or buy for a set dollar amount in various cities across the U.S. In our recurring exploration of what the real estate market looks like in various major U.S. cities, we’ve already looked at what kind of home you can get for $250,000, $500,000, and $1 million. Now it’s time to turn our attention to rentals, starting with a middle-of-the-road rent of $1,500 a month. As you’ll see in the listings spotlighted below, $1,500 a month should be able to rent at least a comfortable one-bedroom in most cities. But of course, the inventory reduces to studios of various styles and conditions in both the notoriously expensive cities like New York and San Francisco, as well as increasingly in-demand places like Portland, Oregon. Take a closer look. Atlanta, GA 3 beds, 2 baths, 1,404 sq.ft. — Cute as a button, this petite house in Atlanta’s historic West End neighborhood comes newly renovated with hardwood floors , tiled bat...

Northwest Fire District )" title="Damage to apartment on Mona Lisa, considered a total loss. (Source: Northwest Fire District )" width="180" style="border: 0px;" /> Damage to apartment on Mona Lisa, considered a total loss. (Source: Northwest Fire District ) Northwest Fire District )" title="Damage to apartment on Mona Lisa, considered a total loss. (Source: Northwest Fire District )" width="180" style="border: 0px;" /> Damage to apartment on Mona Lisa, considered a total loss. (Source: Northwest Fire District ) Northwest Fire District crews at the site of an apartment fire . (Source: Northwest Fire District )" title=" Northwest Fire District crews at the site of an apartment fire . (Source: Northwest Fire District )" width="180" style="border: 0px;" /> Northwest Fire District crews at the site of an apartment fire . (Source: Northwest Fire District ) TUCSON, AZ (Tucson ...

By Craig Young Reporter- Herald Staff Writer concrete slab foundation Monday at a new apartment complex under construction on" alt="Jaime Lupian with M&R Concrete, left, puts some finishing touches on a concrete slab foundation Monday at a new apartment complex under construction on" style="border: 0px;" /> Jaime Lupian with M&R Concrete, left, puts some finishing touches on a concrete slab foundation Monday at a new apartment complex under construction on the northeast corner of Southeast 14th Street and Lincoln Avenue in Loveland. The project, Pinyon Pointe, is directly west of Waterford Place Apartments , seen in the background. ( Jenny Sparks / Loveland Reporter-Herald ) LOVELAND -- The residents of Waterford Place Apartments in south Loveland will be getting new neighbors by the end of the year as the first units in a new complex open. Pinyon Pointe, a 166-apartment project at 451 SE 14th St ....

Multifamily sales totaled $147 million in the Buffalo area market in 2016, up from $127 in 2015 and again above the $ 100 million dollar level achieved each of the last five years.  The investment market is most active in suburban garden apartment complexes . Private locally based principals were active as both buyers and sellers with prices at all-time high per unit valuations . These older apartment properties comprise the majority of the existing inventory and are often fully occupied with rising rents. From a tenant perspective they are often the best housing available at a given price. Located in dense residential neighborhoods , they are near employment, shopping, entertainment and within desirable suburban school districts . It would be impossible to duplicate them today in the same locations with the same rent structure and consequently they have little competition in their price range. This drives the rent growth that attracts investors. In April of 2017, RENTCafe’s surve...

FOR IMMEDIATE RELEASE Income Property Organization (IPO) completed record setting sales through the first half of 2017 for apartment communities in the Great Lakes market . IPO amassed a combined total of more than $63 million in transactional volume and is on track to see a 40 percent increase in business over 2016. The firm has grown to nine brokers and their market reach now extends beyond the Detroit Metro area west to Grand Rapids and south into Ohio. This significant activity is supported by a recent report commissioned by the National Multi- Family Housing Council , titled “U.S. Apartment Demand - A Forward Look,” which estimates future U.S. demand for apartments in all states and the top 50 metro areas , including Detroit. The research shows Detroit has nearly 232,000 units in 5-plus unit properties and is expected to see an average annual growth in demand for apartment units of 0.4 percent over the next 13 years. “This means a projected growth of 15,467 new units, whi...

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...

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...

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...

ARTICLE OPTIONS Throughout his early 60s, Brad Buchner and his wife, Elizabeth, lived in the kind of house that many near-retirees dream of: a peaceful, manageable ranch- style property tucked in a quiet Poconos town surrounded by trees, lakes, and plentiful open space . Costing anywhere from $30,000 to $150,000, tiny homes designed by Escape Homes enable anyone to travel around the country in a single-family home. As it turns out, however, that’s exactly what Buchner and his wife don’t want as they think about the next years of their lives. Three years ago, the Buchners packed their things and headed to Philadelphia, settling down in a Center City rental . As if ditching their longtime rural digs weren ’t enough, the pair also abandoned spaciousness, swapping their three-bedroom, two-bathroom home for precisely 345 total square feet . The transition has meant parting ways with a fully finished basement and a home office, and adjusting to an ovenless kitchenette and two miniature...

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...