The 234 Apartment

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...

NEW YORK, Aug. 23, 2017 (GLOBE NEWSWIRE) -- Greystone, a real estate lending , investment and advisory company , today announced its closing of a $550,000, 000 permanent Freddie Mac loan made to joint-venture partners The Moinian Group and SL Green Realty Corp . for Sky Residences (“Sky”), one of Manhattan’s premier mixed-use residential buildings . The Greystone Bassuk debt advisory team , led by Richard Bassuk and Drew Fletcher, represented the Borrower and assisted in obtaining the Freddie Mac loan through Greystone’s Affordable Lending team . The transaction marks the largest-ever single-asset tax- exempt financing completed by Freddie Mac and a first-of-its- kind private placement structure that includes permanent financing for hundreds of affordable housing units in New York City. Steve Rosenberg , CEO of Greystone, together with Billy Posey, Joe Mosley, and Jeff Englund, collaborated with Freddie Mac on the structure for Moinian and SL Green, and spearheaded the loan proc...

A housing project in Qingdao, Shandong province. [Photo/VCG] President Xi Jinping has said "houses are built to be lived in, not for speculation". In this context, the pilot for joint property rights housing implemented by Beijing Municipal Commission of Housing and Urban Rural Development is an important move to cool down the heated housing market in the capital. According to a document, the government and the homebuyers will jointly own the policy- based housing units , with the government granting the buyers the right to use the property. Since the Beijing municipal government will provide policy support for the construction of joint property rights housing , the price of such housing units will be lower than commercial property in the same neighborhood. However, the homebuyers' right to use the property will be partly restricted. Different from economically affordable housing , joint property rights housing is a kind of limited property rights housing , becau...

NEW YORK, NY -   Centerline Capital Group (“Centerline”), a provider of real estate financial and asset management services for affordable and conventional multifamily housing , and a subsidiary of Centerline Holding Company (OTC: CLNH), announced today it has provided a $12. 2 MM Fannie Mae facility to refinance the Copper Creek Apartments in Evansville, Indiana. Copper Creek Apartments is a Class A garden style multifamily facility that comprises 16, two- and three-story buildings with a combined total of 291 units.  The loan is a 10- year fixed rate facility with a 30- year amortization period . The loan proceeds will be used to pay off the combined existing debt and yield maintenance that will mature in 2012.  Centerline is one of the nation’s leading Mortgage Banking institutions in the multifamily sector . The borrower is a single asset, Indiana limited partnership that is led by a well- established property owner in this tertiary market, and a l...

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 ...

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...

LOS ANGELES--( BUSINESS WIRE )-- Lowe Enterprises Investors (LEI), in joint venture with an institutional investor, has acquired The Reserve Glenview , a 239-unit transit-oriented apartment community which opened in 2015, located in the premier North Shore submarket of suburban Chicago. Set on 7.59 acres at the intersection of Waukegan and Golf Roads, it is immediately adjacent to the Golf Transit Metra Station and a new retail center providing grocery, restaurants, shops and services. “The Reserve Glenview is a well-designed, new community with a prominent location in North Shore, one of the best performing rental markets in suburban Chicago,” said Andy Sands, managing director, LEI. “It provides easy access to the area’s major employers and is steps away from public transit for commuting to downtown Chicago.” Located at 195 Waukegan Road, the community is designed with three-story buildings wrapping around a center parking structure . The community is an attractive option for p...

As you do more banking by smartphone, that bank branch you used to visit may soon turn into a restaurant, a day care center or even a condo tower. After a branch building boom a decade or so ago, banks are closing offices by the thousands as more of their customers bank online . They're leaving behind space ready to be transformed into something else, whether an urban storefront or a free- standing brick building with a drive-thru in the suburbs. "If the real estate is strong, any number of things can happen to the property," says Kim McGuire, senior vice president in the Chicago office of CBRE. It's a problem or an opportunity, depending on your perspective, that will be here for a while. Banks operate about 89,300 branches in the United States today , down 8 percent over the past decade, according to Chicago- based real estate firm Jones Lang LaSalle . JLL expects an additional 20 percent drop over the next decade. In the Chicago area, the number of branches d...