The 234 Apartment

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 ....

( College Park Fire Department/YouTube) COLLEGE PARK, Maryland (NBC Washington) - A five-alarm fire at a College Park, Maryland, apartment building burned much longer than it should have, putting firefighters and the public at unnecessary risk, according to College Park Fire Chief Bill Corrigan . The Fuse 47 building on Berwyn House Road was still under construction at the time of the fire. FirefighterNation: Multiple-Alarm Fire at Maryland Apartment Building Construction Questioned in Maryland Five-Alarm Fire Corrigan told the News4 I-Team the standpipe valves firefighters typically use to pump water up through a building in an emergency were left in the "closed" position. The design of the building limited firefighter access to the structure, Corrigan said, and the sheer size also hampered firefighter efforts . "This building was 100 percent within the allowable parameters, but it was built to the absolute max," Corrigan said. "Probably to within ...

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...

T wo weeks ago, a Manhattan Supreme Court judge handed down a decision designed to strike fear in the hearts of landlords. Justice James d’Auguste ordered that an independent receiver be appointed to manage two Midtown residential buildings where the landlords allegedly allowed illegal Airbnb rentals to occur. The case, which began when the city sued the landlords in February 2015, has become one of the battlegrounds in a larger war between city enforcement agencies and short- term rental sites like Airbnb. Airbnb, which was recently valued at $31 billion, refuses to release the exact addresses of hosts who break the law by renting their entire apartment for less than 30 days without being present. Without the addresses and names of Airbnb violators , the city mostly targets the owners of buildings that rack up the most illegal hotel complaints from 311 calls and the New York City Department of Buildings. “This entire model—and it was intentional [by the city]—is complaint-drive...

A Felton woman has become the second victim of a deadly fire that swept the Woodcrest Arms apartment complex June 6 . Jeff Brown, News Editor A second victim of the June 6 fire at Woodcrest Arms apartment complex has died. Christina Lynn Taylor , 33, of Cedar Grove Church Road , Felton, died the afternoon of June 7 while at Crozier Chester Burn Center , Chester, Pa., said Dover Police Capt . Tim Stump. Taylor and her boyfriend had been at the apartments to help a relative move, Stump said. The boyfriend, whose name was not released, was still at the burn center, where he had been taken with life-threatening injuries after the fire. Stump also identified the first victim of the blaze as Jacqueline Wuest, 61. Wuest’s body was found in her third- floor apartment during an initial sweep of the building. The city of Dover fire marshal is continuing his investigation into the cause of the fire, Stump said. -------------- An early morning fire ripped through a building in Woodcr...

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...

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...

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...