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A West Seneca real estate developer was the winning bidder at the auction of a fully occupied Orchard Park apartment complex this week, offering to pay $5.65 million for the Provincetown Apartments. Young Development topped the bidding for the 71- unit apartment complex at 10-75 Provincetown Lane, which includes nine identical buildings. Including the 5 percent buyer’s premium, Young will pay $5.93 million, or $82,000 per unit. In all, 27 people presented deposits of $100,000 to register as participants, “so it was spirited bidding,” said auctioneer Cash Cunningham of Cash Realty & Auctions, which conducted the sale. The 112,536-square-foot complex, located on 9.1 acres, has 70 two-bedroom units and one four-bedroom unit. Each building has a full basement with storage units for each apartment, plus six separate garage buildings with 18 spaces in all. The complex was owned by Industrial Realty & Funding of Cheektowaga, run by Brian Schectman, which has sold several other ...

The Orchard Park apartment complex will be demolished this summer, to be replaced by new apartments for students with families by fall 2020. UC Davis will issue a request for proposals seeking bids for a new family living apartment complex in May. Key criteria in the RFP will be affordability, quality of life and facility design. The decision follows a consultation and planning process that included graduate student representatives . “We’re grateful to all who participated in the consultation and planning process and we’re looking forward to a development that expands housing opportunities for graduate and undergraduate students with families,” said Grant Rockwell , assistant vice chancellor for capital planning and real estate. The campus closed the aging complex in 2014. The Student Family Housing Redevelopment Committee delivered its final report in June 2015, highlighting the value of student family housing to the campus, identifying key requirements to meet the needs of st...

The property offers residents a blend of urban amenities and outdoor activities with a playground, 1.6 miles of trails, a disc golf course, baseball and soccer fields, as well as swimming and recreation at Audubon Park. GARLAND, TEXAS — Greysteel has arranged the sale of Orchard Hills, a 50- unit multifamily community in Garland. Greysteel’s Texas multifamily investment sales team of Boyan Radic, Doug Banerjee, Andrew Mueller and John Marshall Doss represented Meadows Denison Investments LLC in the sale of Orchard Hills to Oyster Rock LLC . Located along West Kingsley Road , Orchard Hills is a garden- style community featuring 24 one-bedroom units and 26 two-bedroom, two-bathroom units. The property offers residents a blend of urban amenities and outdoor activities with a playground, 1.6 miles of trails, a disc golf course, baseball and soccer fields, as well as swimming and recreation at Audubon Park. Tagged more_sales_and_leases