Construction Maison

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...

Water Management Awards gather following the awards ceremony with Mr. Randy Robinson, acting assistant secretary of the Army for Installations, Energy and Environment (front row far left), and Ms. Carla Coulson, acting deputy assistant chief of staff for Installation Management (front row far right) during the Energy Exchange Symposium held in Tampa Florida. The Awards are presented in categories related to energy efficiency , energy management , and water conservation ." /> 1 / 1 Show Caption + Hide Caption – Many of the forty-nine recipients of 2017 Secretary of the Army Energy and Water Management Awards gather following the awards ceremony with Mr. Randy Robinson, acting assistant secretary of the Army for Installations, Energy and Environment (front row far left), and Ms. Carla Coulson, acting deputy assistant chief of staff for Installation Management (front row far right) during the Energy Exchange Symposium held in Tampa Florida. The Awards are presen...

LAFAYETTE, La (KLFY) – A ribbon cutting was held Wednesday afternoon to mark the completion of a major renovation project at Holy Family Apartments . Holy Family Apartments is a low- income housing complex owned and operated by the Diocese of Lafayette. The property has been undergoing renovations for about two years. “We have replaced everything in each apartment down to the interior and exterior stud walls ,” said Ed Boustany, Director of Projects for the Diocese of Lafayette. “This includes all sheetrock, flooring, cabinets, appliances, air conditioning systems , electrical components, and for the first time in the history of this property our residents are better protected with the complete installation of a fire sprinkler system .” The exterior also received some much needed repairs. “All of the units have new roofs, windows, doors, and siding,” said Boustany. Boustany says the renovations cost over $20 million. He says this is the first major renovation since the complex ope...

(Newark, DE) -- A Newark apartment complex has new owners. Holliday Fenoglio Fowler of Philadelphia purchased Autumn Park Apartments for more than $35-million. The 358 unit complex off South College Avenue is the subject of action by the state attorney general over maintenance issues. A spokesman says the litigation over failing air conditioning systems and appliances continues.

The urban housing crisis has become so dire that architects are exploiting planning -code loopholes to squeeze living spaces into every available area. And in London this means rooftop ventilation systems –well, sort of. This year the Architecture Foundation, a design advocacy group based in the United Kingdom, invited architects to come up with creative and sustainable housing alternatives for its Antepavilion competition. The winner, the London- based PUP Architects , proposed hiding apartments in plain sight to add much needed supply to the real estate market . The firm calls its idea “guerrilla habitation.” [Photo: Jim Stephenson/courtesy PUP Architects ] PUP Architects scoured planning regulations and discovered that builders don’t need official permission to install rooftop mechanical systems for heating, ventilation, and air conditioning (HVAC). By designing a unit that mimics the silhouette and look of an HVAC exhaust, PUP figured it could theoretically build thousands ...

An artist's rendering of The Parker,a project from Townline in Vancouver. Supplied. [PNG Merlin Archive] PNG PNG Savvy buyers of new apartments in Metro Vancouver tend to do their research on who’s building them. Good reputations take years to develop and the people at Townline are using the company’s reputation for quality in their sales pitch for The Parker, a new 47-home development in the ever- popular Cambie corridor . Townline is a local operation that has been building homes in Vancouver since 1981. Back then, it was single-family homes, but the company has since branched out to building multi-family homes, mixed-use buildings, rental apartments and non- market developments in Metro Vancouver and on Vancouver Island. “Buyers in today’s market are increasingly choosing developments based on the reputation of the developers,” said Chris Colbeck, Townline’s vice-president of sales and marketing. “A big part of our sales pitch at The Parker is that we’re a local developer. W...