The 234 Apartment

Archstone Berkeley on Addison Berkeley, Calif.—Archstone has broken ground on Archstone Berkeley on Addison, the company’s first apartment community in Berkeley, Calif. The 94-unit asset will be located at the corner of Third and Addison, blocks from the Berkeley Marina and the San Francisco Bay . “Berkeley is an incredible city and an excellent fit for an Archstone apartment community ,” says Amir Massih, vice president of development at Archstone. “We’re excited about starting this project and look forward to providing an outstanding addition to the neighborhood and for our future residents.” The property’s amenity package will include a roof deck with a view of the Golden Gate Bridge , an open- air fitness center , and a pet salon. “This is the first Archstone development start in the Bay Area since completing the second phase of Archstone San Bruno in 2007,” adds Rick Lamprech , Archstone’s executive vice president of development for the West Region. “We’re pleased to be bac...

Chesterfield County again led the region for single- family home sales last year, but faces challenges when it comes to housing affordability.  That's according to Laura Lafayette, chief executive officer of the Richmond Association of Realtors, during her presentation to the Chesterfield Board of Supervisors this week. In the county, 5,460 single- family homes sold in 2016, a 13.5 percent increase from 2015 when Chesterfield again led the region. Sales in Chesterfield outpaced Henrico County , the second hottest housing market in the region last year, by 1,805 homes. The average sales price in Chesterfield was $266,484. Lafayette said she expected the number to be the same, if not slightly higher, by the end of 2017. "This is obviously a sellers market. If you want to purchase a house, you’ve got to bring a full-price offer," Lafayette said. While Chesterfield led the region for single- family home sales , Henrico came in first for condo and town home sales ...

CLD Engineers acquired by Conn. firm, Hoefle joins Two International Group … and more By NHBR Staff Published: August 9, 2017 Shown at the official ribbon-cutting to mark the opening of the NH Liquor Commission ’s newest Liquor & Wine Outlet in Warner are, from left: T.A. Demoulas of Market Basket; David Swisher, manager of the Warner NH Liquor & Wine Outlet; Nicole Brassard Jordan , NHLC’s director of marketing; Executive Councilor Andru Volinksy ; John Matthews of Market Basket; Arthur Demoulas, CEO and Market Basket; NHLC Deputy Commissioner Michael Milligan ; NHLC Chairman Joseph Mollica ; former Warner Selectman David Hartman ; Tony Maiola, former NHLC commissioner ; former NH Rep. David Karrick; NH Rep. Clyde Carson; and David St. Hilaire, NHLC’s chief operating officer . Opera North has received a $150,000 grant from the Northern Border Regional Commission to renovate the main house on Blow-Me-Down Farm, across from the Saint- Gaudens National Historic Site in Concord....

Midtown West Development " src="https://media.atre.yardi.com/1/11100/images/Gothams-Midtown-West-Development-.jpg?w=270&h=129" alt="" width="270" height="129" /> Gotham's Midtown West Development New York— Gotham Organization Inc. has commenced construction on a $ 520 million development in Manhattan’s Midtown West district . The four-building complex will span from West 44 th to West 45 th Street and from 10 th to 11 th Avenues. The mixed-use project will have over 1,200 units available for rent. “Through an innovative partnership with the City of New York, Gotham Organization is proud to take the lead on a development that changes the face of Midtown West,” says David Picket, president of Gotham Organization . “This bold investment in our City’s future will create hundreds of new jobs, generate millions of dollars in revenue for the construction industry, contribute toward the building of a new primary school and provide ...

ICE raids hits Roaring Fork Valley , Carbondale approves policies to ‘gain the trust of immigrants’" title="The Home Front: As word of ICE raids hits Roaring Fork Valley , Carbondale approves policies to ‘gain the trust of immigrants’" /> “Carbondale trustees have approved new town policies in an attempt to gain the trust of immigrants, while word has spread of arrests by federal immigration officials in the Roaring Fork Valley ,” reports The Glenwood Springs Post -Independent . “Ted Hess, a Glenwood Springs immigration attorney , said that several of his immigrant contacts reported numerous arrests early last week by Immigration and Customs Enforcement agents , though that activity is difficult to verify. Hess said all he has is anecdotal evidence, but he received seven phone calls Aug . 14 from people reporting ICE arrests and activity, and similar accounts followed later in the week. ICE has arrived, he said, and these kinds of raids will be a feature...

Manhattan is about to become a testing ground for what could be the next luxury real estate boom . Well, maybe mini-boom, considering the rather narrow target group : frail urban seniors with fat bank accounts . Developers are spending hundreds of millions on high-end assisted- living apartment projects , one on the Upper East Side and one in Midtown, and aiming for more in the area and across the U.S. The bet is that there are sufficient numbers of the affluent and aging in big cities who won't want to leave their neighborhoods, even as they suffer cognitive decline . It is, of course, a rather small group of any age or mental ability that can handle the monthly rents these kinds of places will command. They'll start at $12,000 at the complex that Maplewood Senior Living and Omega Healthcare Investors Inc. are putting up on Second Avenue and 93rd Street. Some will top more than $20,000 at the building Welltower Inc. and Hines are about to break ground for on the corner of ...

MT. PLEASANT, MI -- Kayakers paddled thhrough the parking lot of Timber Creek Apartments in Mount Pleasant Friday , June 23, as residents there scrambled to seek refuge from flash-flood waters for the night at an American Red Cross shelter . "There were people kayaking in the parking lot (yesterday)," said Joe Allen, a resident at Timber Creek. Timber Creek neighbors and people from Park Place Apartments were the largest group Saturday morning , June 24, at the shelter in Mount Pleasant High School . They were forced from their homes after a deluge of 7 inches of rain or more fell overnight Thursday and Friday on parts of Isabella and Midland counties. The rain ran off the already saturated ground, causing the flash flooding . Neighborhoods, parks and roads were covered with water. Isabella County declared a state of emergency Friday, along with Midland and Bay counties. The declaration is a step toward getting state and federal funding to repair damage from the floodi...

(Bloomberg)—Manhattan is about to become a testing ground for what could be the next luxury real estate boom . Well, maybe mini-boom, considering the rather narrow target group : frail urban seniors with fat bank accounts . Developers are spending hundreds of millions on high-end assisted- living apartment projects , one on the Upper East Side and one in Midtown, and aiming for more in the area and across the U.S. The bet is that there are sufficient numbers of the affluent and aging in big cities who won’t want to leave their neighborhoods, even as they suffer cognitive decline . It is, of course, a rather small group of any age or mental ability that can handle the monthly rents these kinds of places will command. They’ll start at $12,000 at the complex that Maplewood Senior Living and Omega Healthcare Investors Inc. are putting up on Second Avenue and 93rd Street. Some will top more than $20,000 at the building Welltower Inc. and Hines are about to break ground for o...