The 234 Apartment

SPRINGFIELD — A Central Oregon homebuilder wants to develop the largest new subdivision in Springfield since the years before the 2008 real estate crash . Hayden Homes filed plans this month for a 116-house subdivision dubbed “Louie Heights” on a large swath of vacant land near Jasper Road in the city’s southeast corner, planning documents filed this month by the firm show. Owned by prominent local developer and real estate manager Jack Louie , the 52-acre parcel between Jasper Road and the former Weyerhaeuser/­­Booth- Kelly logging truck road appears to be one of the largest undeveloped residential -zoned properties within Springfield’s urban growth boundary . Louie declined to comment on the plan, calling it preliminary. A Hayden Homes official listed as the project applicant didn ’t return a message seeking comment . Redmond- based Hayden Homes has built hundreds of houses and developed more than a half- dozen large subdivisions across Eugene and Springfield in the past two...

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...

By KEVIN LANDRIGAN New Hampshire Union Leader August 20. 2017 11:16PM unit apartment complex ."> Elizabeth Voyiatzakis of Lucas Road in Manchester says her rural area is not the right location for a 165- unit apartment complex .  (Allegra Boverman/Union Leader) MANCHESTER — During three City Hall meetings over three months, residents of Lucas and South Mammoth Road desperately and sometimes loudly fought a luxury townhouse apartment rezoning request they maintain would forever change one of the last rural enclaves in the city. “I want somebody with a vested interest in keeping the land nice and this plan just won’t keep it that way,” said Elizabeth Voyiatzakis of 411 Lucas Road . Well-known developer William Socha got his turn at bat last week and made the most of it, filling the Manchester aldermanic chamber with employees, friends and residents of his other complexes. Their message? This development will produce $23 million in construction and generate $1.1 million to...

DEVELOPMENT Apartment tower in Bay Village wins approval An apartment tower in Boston’s Bay Village neighborhood cleared a key hurdle this week when it was approved by the city’s Zoning Board of Appeals. Despite concern from some residents that the 199-foot building was out of scale with the low- slung brick neighborhood behind it, ZBA members voted unanimously Tuesday to approve the project. Transom Development wants to put 133 apartments on what’s now a surface parking lot and empty lot alongside the Revere Hotel. They hope to start construction in spring of 2018. — TIM LOGAN TRANSPORTATION Peter Pan reaches settlement in disabilities discrimination case A Massachusetts bus company accused of discriminating against passengers with disabilities has reached a settlement with federal prosecutors that resolves the allegations. The US attorney’s office in Boston said Wednesday that Peter Pan Bus Lines Inc. violated federal law by failing to ensure its motor coaches were access...

The value of new construction starts in July advanced 6% from the previous month to a seasonally adjusted annual rate of $728.1 billion, it was reported by Dodge Data & Analytics. Leading the way was a 26% jump by the nonbuilding construction sector , which reflected an improved level for public works and the start of two massive power plants , located respectively in California and New York. Residential building in July increased 8 %, as multifamily housing rebounded after three consecutive monthly declines .  Running counter was a 7% slide for nonresidential building following its 14% hike in June, as both office buildings and hotels retreated from June’s elevated activity , outweighing a sharp rise for healthcare facilities in July.  During the first seven months of 2017, total construction starts on an unadjusted basis were $411.9 billion, down 1% from the same period a year ago.  Dampening the year-to-date performance for total construction was a steep 44% decline for t...

The value of new construction starts in July advanced 6 % from the previous month to a seasonally adjusted annual rate of $728.1 billion, according to the most recent report from Dodge Data & Analytics.   Leading the way was a 26% jump by the nonbuilding construction sector , which reflected an improved level for public works and the start of two massive power plants in California and New York.   Residential building in July increased 8 %, as multifamily housing rebounded after three consecutive monthly declines . Running counter was a 7% slide for nonresidential building , following its 14% hike in June, as both office buildings and hotels retreated from June’s elevated activity , outweighing a sharp rise for health care facilities in July.   During the first seven months of 2017, total construction starts on an unadjusted basis were $411.9 billion, down 1% from the same period a year ago. Dampening the year-to-date performance for total construction was a steep 44% declin...

LEXINGTON, KY - EdR, one of the nation's largest developers, owners and managers of high quality collegiate housing communities , announced the opening of University Flats and Lewis Hall Honors College , the most recent phase of the revitalization of the University of Kentucky's on- campus housing . In 2017, EdR will add nearly $300 million in assets to its owned portfolio and deliver nearly $100 million in third-party developments."With the opening of University Flats, the University of Kentucky has completed the most comprehensive transformation of student housing in public higher education ," said Eric N. Monday, UK's executive vice president for finance and administration. "Working with EdR, we have constructed 6,850 new beds and nearly 200 active learning spaces to create a housing system that is singularly focused on student success through modern, technology- rich living spaces that foster a sense of community. At UK, we put students at the center o...