Construction Maison

August 23, 2017 Madison, Wis. — When it came to getting homework done, the odds weren’t in Kebba Bojang’s favor. Like many teenagers, he admits, he had a tendency to procrastinate. And with no computer at home and the nearest library a long walk away, assignments often ranged from difficult to impossible.  Unlike most other high school students in similar predicaments, however, Mr. Bojang was able to find a solution in – quite literally – his own backyard.  Bojang, now 24 and entering his second year of pharmacy school at the University of Iowa, is representative of a range of success stories to have come out of Northport Apartments, a Section 8 housing development on Madison’s East Side. At the heart of the 140- unit apartment complex , both physically and metaphorically, is a humble brick building that holds a roomful of computers, a few quiet meeting rooms , and a team of residents-turned-staff eager to help their neighbors succeed.  After moving to Northport his sophomore year o...

Bradenton, FL, November 10, 2011 --(PR.com)-- Sawgrass Cove Apartments , a 336- unit community located in Bradenton, Florida, was recently acquired by Atlas Real Estate Partners and Andover Real Estate Partners . The acquisition represents the first formal partnership between Atlas and Andover. The two firms will work together to grow their Florida multifamily platform over the next 24 months. Greystar is pleased to be working with Atlas Real Estate Partners and Andover Real Estate Partners as they reposition the community. “We are delighted to have the opportunity to manage Sawgrass Cove ,” said Patricia Carney, Regional Property Manager for Greystar. “The community is centrally located minutes from exceptional shopping, dining, Anna Maria Beach & downtown Bradenton. We are very excited about the upcoming upgrades to the amenities and apartments! We are working hand in hand with Atlas and Andover to create a sense of community with regularly scheduled town hall meetings a...

ATLANTA, GA - StoneBridge Investments of Washington, DC has acquired Veridian at Sandy Springs, a 272- unit apartment community in the greater Atlanta submarket of Sandy Springs, for $32 million. The seller, a fund managed by Covenant Capital Group , LLC, was represented by Mike Kemether and Travis Presnell of Cushman & Wakefield. Elliott Throne, Gregg Shapiro, and Ware Shipman of HFF secured acquisition financing through a Freddie Mac loan .Built in 1980 and extensively renovated, Veridian is located at 1800 Windridge Drive within the Perimeter Center , a fast-growing “edge city” that encompasses three small cities: Brookhaven, Dunwoody, and Sandy Springs. It is Atlanta’s largest employment center , with more than 123,000 employees, 31 million square feet of office space, three major hospitals , and six million SF of retail space including the 1. 5 million SF Perimeter Center Mall .“Having acquired a neighboring apartment community , 550 Abernathy, earlier this year, we remai...

PEARLAND, Texas — McCann Realty Partners, LLC has started construction on the 350-unit Radius at Shadow Creek Ranch Apartments in the Pearland submarket of Houston. Within a half-mile of the site, two hospitals  – HCA Pearland Medical Center and Memorial Hermann – are under construction along with a medical professional building by AMD Asset Holdings . Located west of Highway 288, the  McCann apartments will be built at the southwest corner of Business Center Drive and Discovery Bay Drive , in the Shadow Creek Ranch development . Shadow Creek Ranch is a 3,500- acre master planned community with more than 5,000 existing homes, town center shopping and dining, 700 acres of open space, 300 acres of lakes and 22 miles of hike and bike paths, six new schools and offices, hospitals and community facilities . The Class A apartment project will include 3 story stone and stucco exteriors with attached and detached garages.  Amenities will include a large clubhouse with a state of the a...

Torrential rains caused historic flooding in the Kansas City area Tuesday , leaving one man dead in Kansas and others stranded for hours by high water. Water rescues and evacuations kept police and firefighters busy with hundreds of calls after as much as 9 inches of rain fell starting Monday night . Flooding made many roads impassable, trapping people at homes and businesses along the Blue River and Indian Creek, which set a new record of 28.22 feet overnight and topped its banks after record flooding last month. Water spilling out of Indian Creek inundated bridges , businesses, apartments and houses. For just the second time ever, the National Weather Service issued a flash flood emergency alert for the entire Kansas City area . The first time was last August. Johnson County declared a state of local disaster, and an American Red Cross shelter in south Kansas City took in nearly 20 people by Tuesday afternoon , when flood waters started to recede. Early Tuesday in Miami Coun...

Torrential rains caused historic flooding in the Kansas City area Tuesday , leaving one man dead in Kansas and others stranded for hours by high water. Water rescues and evacuations kept police and firefighters busy with hundreds of calls after as much as 9 inches of rain fell starting Monday night . Flooding made many roads impassable, trapping people at homes and businesses along the Blue River and Indian Creek, which set a new record of 28.22 feet overnight and topped its banks after record flooding last month. Water spilling out of Indian Creek inundated bridges , businesses, apartments and houses. For just the second time ever, the National Weather Service issued a flash flood emergency alert for the entire Kansas City area . The first time was last August. Johnson County declared a state of local disaster, and an American Red Cross shelter in south Kansas City took in nearly 20 people by Tuesday afternoon , when flood waters started to recede. Early Tuesday in Miami Coun...

(TNS) - Torrential rains fell overnight causing historic flooding in south Kansas City , Mo., and leading to water rescues and evacuations. As many as 9 inches of rain fell since Monday. Early Tuesday firefighters rescued a woman stranded in a tree at 103rd Street and Wornall Road when Indian Creek flooded the area. That creek, which saw record flooding last month, set a new record of 28. 22 feet overnight . A family of seven were trapped on top of their roof after rushing floodwaters surrounded their home at 155th Street and Kenneth Road. The Overland Park Fire Department have been in contact via phone with the family of three adults and four children and their pets. Because they are not in immediate danger and the water levels around them are receding, crews will allow those water levels to drop to safer levels before evacuating the family. Firefighters said the family is calm. Floodwaters were out of the banks of Indian Creek and over bridges as businesses, apartments and home...

The sale of apartment complexes continues throughout the Charleston region. Most recently, Atlanta-based Radco Cos. paid $22.9 million for the 198-unit former Woodbridge Apartment Homes in West Ashley. The complex at 2040 Ashley River Road is now called Radius at West Ashley . The sale price included $14.1 million in mortgage debt, according to Charleston County property records . The purchase marks the company's sixth acquisition this year and its second multifamily asset in the Charleston region. It also owns Greenwood at Ashley River at 6520 Dorchester Road. The previous owner of Radius at West Ashley was New Jersey-based  Raia Properties , which paid $14.5 million for the complex in 2006. Radco Residential will manage Radius. Radco plans to spend $3 million, or about $15,000 per unit, to upgrade the community. It was built in separate phases in 1972 and 2003 in 11 buildings on 16 acres. Renovations will include cabinetry, appliances, flooring, lighting, countertops and pa...

DALLAS, TX - McCann Realty Partner and its joint venture partner , The Carlyle Group, acquired Marquis on Cedar Springs, a 165- unit apartment community located in Dallas, TX. The property will be re- branded Radius Turtle Creek .Built in 2001, the four-story, mid-rise property with a below-grade, two- level parking garage is located at 3604 Cedar Springs Road in Dallas, TX. The community is within the exclusive neighborhood of Turtle Creek, and is bound by Uptown and Downtown Dallas to the south and the high- end residential neighborhoods of Highland Park and University Park to the north. Residents are within walking and biking distance to a wide variety of shopping, dining, entertainment and recreational destinations including Katy Trail , West Village, Klyde Warren and Reverchon Parks, the Arts District, the American Airlines Center and Victory Park. The property presents a compelling value-add opportunity. McCann's business plan focuses on repositionin...

The Denver office of CBRE today announced its Capital Markets ’ Debt & Structured Finance Services has secured $55.6 million in financing on behalf of Gelt, Inc. for the acquisition of Tamarac Village Apartments in Denver, Colorado. Tamarac Village Apartments " width="900" height="600" /> Image courtesy CBRE The apartment community sold for $74 million and is home to 564 apartment units . Brian Eisendrath and Ross Moore with CBRE’s Beverly Hills office arranged a 10-year fixed-rate loan with a five-year interest-only component at approximately 75 percent. Gelt will continue a renovation program and perform additional capital improvements on the interior units and common areas. “Given Gelt’s long-term strategy in secondary growth markets , 10-year debt with maximum interest only will allow them to execute on their business plan by providing solid cash -on-cash returns to their investors,” said Mr. Eisendrath. “Given the volatility in the capital mar...

Did you know? In 1910, legislators actually passed a law that prohibited gambling throughout the state. Legalized gambling was later approved in 1931, paving the way for today's casinos. Overview of Las Vegas Las Vegas is an entertainment capital, featuring a variety of dining establishments, bars, clubs and theaters. It's also a quickly growing community that's attracting a mix of young families, those interested in working for the local technology businesses , and people who want to find jobs in the tourism industry. A number of parks, swimming pools, universities and shopping areas provide plenty to do. Neighborhoods in Las Vegas If you're looking to rent an apartment in Las Vegas, check out apartments in the following neighborhoods: Las Vegas Strip in Silverado Ranch: South You'll find a mix of streets with established single-family homes, apartment complexes and master planned communities . If you hop on I-15, you'll be in the center of town af...

Perryman Construction Management is building the 30-unit multi- family Hayspur development in Nampa. Photo courtesy of Mountain Peak Marketing " width="300" height="169" /> Perryman Construction Management is building the 30-unit multi- family Hayspur development in Nampa, shown here. Photo courtesy of Mountain Peak Marketing Apartment projects are going up across the Treasure Valley from Boise to Meridian to Nampa and to the next frontier in multi- family housing , Kuna. Some 2, 700 apartment units are in various stages of construction among those cities. Some are recently completed and some are being built in phases.  That is a stark contrast to the near zero multi- family construction in 2010 in metro Boise. Multi- family housing has evolved in the 21 st century, largely moving away from large buildings with hundreds of units. Locally, many developers have settled for the common denominator of sets of fourplexes with the occasional six-, eight- ...