The 234 Apartment

Ansley at Town Center in Augusta, Ga., features a swimming pool, fitness center, business center and a clubhouse. AUGUSTA, GA. — Cushman & Wakefield has brokered the $53.3 million sale of Ansley at Town Center, a Class A apartment community in Augusta. Robert Stickel of Cushman & Wakefield represented the seller, Atlanta- based Cortland Partners , in the transaction. Demarest, N.J.- based Spyglass Capital Partners acquired the property. Ansley at Town Center features a swimming pool, fitness center, business center and a clubhouse. Tagged sales_and_leases

Community amenities at Canyon Creek include a swimming pool, hot tub, fitness center, playground, clubhouse and business center. PORTLAND, ORE. — Aukum Management LLC has purchased the 372- unit Canyon Creek apartment community in the Portland submarket of Wilsonville for $49.5 million. The community is located at 26310 SW Canyon Creek Road , about 16 miles south of Downtown Portland. The property is 95.7 percent leased. Its units average about 858 square feet. Community amenities include a swimming pool, hot tub, fitness center, playground, clubhouse and business center. The seller, a private investor, was represented by HFF’s Ira Virden and Kerry Hughes. Tagged sales_and_leases

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...

June 01, 2012 | By TONY BACEWICZ If customer word of mouth is still the best sales tool, the new one- and two- bedroom luxury apartments at Autumn Chase in Ellington may not be vacant for long based on conversations with several long-term tenants. Carl Larson moved from a home in Hebron to his two-bedroom apartment at Autumn Chase 10 years ago where he continues to enjoy his retirement. Autumn Chase was his first stop while on his apartment hunt and he continued comparison shopping in Vernon and Manchester. He returned to Autumn Chase when he could not find anything as attractive. "I really liked the layout of the facility here, and as I looked at other apartments, I liked it more and more," says Larson. Autumn Chase apartment buildings are set back a comfortable distance from West Road in Ellington and are buffered by an expansive green space that includes a pond with a fountain and a small wetland lined with cattails. The complex includes several more ponds, a wel...

CHICAGO--( BUSINESS WIRE )--Waterton, a U.S. real estate investor and operator, today announced the acquisition of a 404- unit rental community in Arlington, Va., approximately 3 miles southwest of the Pentagon. Built in 1992 and formerly known as Windsor at Shirlington Village, the property at 3000 S. Randolph St. is being rebranded as The Citizen at Shirlington Village following Waterton’s acquisition. Offering a mix of one-, two- and three-bedroom floor plans – 132 units in an eight-story tower and 272 in a low-rise component – the community is located within The Village at Shirlington, a small transit-oriented neighborhood with a host of shopping, dining and entertainment options. “The Citizen offers the walkable, urban-inspired lifestyle many renters seek in an accessible location close to the Pentagon and jobs throughout the D.C. metro,” said Matthew Masinter, senior vice president of acquisitions at Waterton. “Because the property was developed 25 years ago, it also prese...

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...

A pair of North Charleston apartment complexes recently changed hands . Miami-based real estate investment firm Monument Capital Management , an A-Rod Corp. company, recently acquired the 222-unit Plantation Flats apartments at 2181 Dunlap St. behind the former HHGregg store off Rivers Avenue. The purchase price for the 15-acre complex was $21.6 million, according to Charleston County property records . The previous four owners — Alba Florida Rentals SPE, Alba Florida Investments SPE , JPM Naples SPE and Summit Place SPE  — paid $14 million for the apartments in 2015, records show. They also announced plans to invest $2 million in the property. +1  Alston Arms Apartments (copy)" class="img-responsive lazyload full" width="1848" height="1121" /> Alston Arms Apartments in North Charleston recently sold for $12.1 million to a New Jersey company. Leroy Burnell/Staff Meanwhile, the 160-unit Alston Arms Apartments at 2410 Alston Ave . off ...

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...

Cherry Creek Apartments, at 1100 Crystal Spring Lane off Central Pike in Hermitage, is BC Property Investments’ latest Nashville purchase. (Photo: Submitted) Story Highlights 627- unit community the third local acquisition for BC Property Investments LLC in just over two years A Miami- based real estate investment firm has bought the 627- unit Cherry Creek Apartments in Hermitage for $86.5 million. The deal is BC Property Investments LLC 's latest Nashville - area apartment acquisition in the past year and a half. Locally, the company owns the 624-unit Lakes of Bellevue apartments in Bellevue and the Viera Cool Springs apartments in Franklin. BC Property acquired Cherry Creek Apartments , which is at 1100 Crystal Spring Lane off Central Pike, from the Norfolk, Va.- based private real estate investment and management firm Harbor Group International . Amenities include three resort-style pools, tennis courts, a car care center , a pet park, fitness center, sand volleyball ...

BERKELEY, CA - Archstone, a leader in apartment investment and operations, today announced the start of construction on its first apartment community in Berkeley, Calif. The 94- unit apartment community , Archstone Berkeley on Addison, will be located at the corner of Third and Addison, just blocks from the Berkeley Marina and the San Francisco Bay . The apartment community ’s location offers easy access to a vast array of professional jobs, shopping destinations , dining options and public transportation. “Berkeley is an incredible city and an excellent fit for an Archstone apartment community . It is a highly desirable place to live, has limited land on which to build new housing and has a strong, diversified economy,” said Amir Massih, Archstone’s group vice president of development for the San Francisco Bay Area . “We’re excited about starting this project and look forward to providing an outstanding addition to the neighborhood and for our future residents.” ...

NEW YORK – Aug. 22, 2017 – With all the talk about aging baby boomers and life- extending health care advances , it might be a bit bewildering deciding which seniors housing assets are best primed for success. Lee Everett, managing consultant at research firm CoStar Portfolio Strategy , might be able to provide some clarity. Two product types – active adult communities and continuing care retirement communities (CCRCs – will be the winners in the seniors housing race both in the short and the long term, Everett says. Everett and his CoStar colleagues are bullish about active adult communities , which are age-restricted developments that offer an independent lifestyle and relatively maintenance-free housing. Growth in this segment is "just around the corner," with more baby boomers getting older and seeking alternatives to traditional homes and apartments. "We're looking at a period where there's going to be a lot of fast and explosive growth in active a...

A Northfield-based company has broken ground on a project that will bring 315 high-end apartments to a stalled mixed-use development near Oakbrook Terrace. Interforum Holdings will start construction of its Lakeside Village of Oak Brook luxury apartments as soon as the weather permits. The 500,000-square-foot, four-story building will be on roughly 6 acres along Royce Boulevard . "We went into the area to develop a project because we see a serious lack of luxury, Class A rental communities in the area," said Alex Zdanov, CEO of Interforum Holdings. "A current trend right now is for people to rent." Zdanov said Lakeside Village will provide a rental option for executives and other professionals working in Oak Brook, Oakbrook Terrace and other nearby communities. The apartment building will be in the Oak Brook Lakes development , which has 82 undeveloped acres off Butterfield Road, just east of where it splits from 22nd Street. Offic...