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ClearWorth Capital buys Clear Lake area apartment properties

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ClearWorth Capital has acquired The Hamptons, a 346- unit apartment complex in the Clear Lake area . Built from 1974 to 1976, the property at  16202 El Camino Real contains a mix of one, two, and three- bedroom floor plans , with an average unit size of 947 square feet . Photo: ClearWorth Capital / This image must be used within the context of the news release it accompanied. Request permission from issuer for other uses." class="landscape" /> Las Brisas apartments in the Clear Lake area . The 202-unit complex, built in 1979, is located at 707 El Dorado Blvd . about a mile northwest of The Hamptons, a 347-unit complex also acquired by ClearWorth Capital. ClearWorth Capital is a partnership comprised of the principals of Dallas- based Seneca Investments , and Houston-based NOIPM ( NOI Property Management ). Photo: ClearWorth Capital / This image must be used within the context of the news release it accompanied. Request permission from issuer for other uses....

Luxury New Jersey Apartment Complex Destroyed in Massive Fire

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UPDATE: Luxury Apartment Complex Inferno Determined to Be Accidental A massive fire that swept through a luxury New Jersey apartment complex Wednesday afternoon continued to burn 12 hours after it began, causing nearby schools and roads to close Thursday. Firefighters struggled for hours to quench the flames at Avalon on the Hudson on Russell Avenue in Edgewater, 15 years after an earlier blaze burned the same complex to the ground as it was being built. "We left in what we had," displaced resident Tamara Talbott said. "We got the kids and the dogs. Our cars are all underneath. There's nothing left.”  Fire Rips Through Luxury Apartment Complex in NJ Luxury Apartment Complex in NJ" src="http://media.nbcnewyork.com/images/620*349/edgewater+fire+2.jpg" /> The New York Post reports Yankees announcer John Sterling was among those displaced by the fire. The fire was mostly contained by Wednesday night , with no loss of life or major injuries report...

Some forced to move as Ann Arbor-area apartments transition from affordable to market rate

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Megan Mishler has lost her sense of security. Mishler, who has a rare genetic condition called Ehlers -Danlos Syndrome that prevents her from working, was recently forced to move from her apartment just west of Ann Arbor because her landlord is transitioning from affordable housing to market rate. Mishler is not alone; the transition will impact 144 units at the 368- unit Woodchase apartment complex at 1100 Rabbit Run Circle in Scio Township. “This has been extremely, extremely difficult. I was almost paralyzed at first,” Mishler said, referring to when she learned she would have to move. “This just added a whole other layer on top of all the other stuff that I’m already dealing with.” Mishler was told the rent for her one-bedroom apartment would jump from $770 per month to about $1,200 per month at the end of her lease term. The Woodchase apartments in Scio Township were developed in 1998. Katie McLean | The Ann Arbor News   Mishler uses the Section 8 Housing Choice Voucher Progr...

Low-Income Apartment Complex Opens on Elk Grove-Florin Road

A new apartment complex near Elk Grove was completely full before it was even ready for tenants to move in. Arbor Creek, a 102-unit low- income apartment complex near Elk Grove-Florin and Calvine roads, held an open house and ribbon- cutting ceremony Thursday . It's owned and operated by Roseville- based USA Properties , which owns numerous low -income and senior housing complexes around the state and about a half-dozen in Elk Grove.  "The fact that they have a place like this to live makes them more stable as far as buying into this area," USA Properties President and CEO Geoffrey Brown said. Tenants pay a different rent depending on their income, which can't be more than either 50 or 30 percent of the county's median income. That means a three-person family earning $32,550 a year (50 percent of the median income) would pay $756 for a two-bedroom apartment. If that same family earned $19,530 (30 percent of the median income), they would pay $431 to rent a tw...

Planned southwest Longmont apartment complex draws ire

A proposed 276- unit apartment complex set to go on the southwest corner of Airport Road and Clover Basin Drive has surrounding Longmont homeowners worried about their home values as well as traffic and space for schoolchildren. The Renaissance Village apartment complex , being developed by Longmont- based company Actis LLC , would be housed in 16 three- story buildings spread over roughly 21 acres. The complex would feature a clubhouse, pool, pocket parks and pavilion, according to plans submitted to the city. There have been two neighborhood meetings between the developer and the community and the project will be on a planning and zoning committee meeting agenda once the city planning department staff completes its review. Kirk Christoffersen, a Clover Creek HOA board member , said the meetings did not go well at all and the community doesn't feel the developer is listening to them or responding to homeowner concerns. Richard Groves, with Actis LLC, did not return calls se...

Apt. complex uses DNA to tackle dog doo problems

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CLOSE The Shasta View Apartments in Redding is implementing a program to test the DNA of dog feces found at the apartment complex to hold owners accountable Wochit Buy Photo The management at the Shasta View Apartments in Redding installed a plastic bag dispenser and waste container at the complex to encourage residents to pick up their dogs' feces. (Photo: Damon Arthur/Record Searchlight) Buy Photo What do you do when there is too much dog doo? One Redding apartment complex is going high tech to find the answer. Faced with numerous owners not picking up after their dogs when they poop on the grounds, the management at the Shasta View Apartments plans to start collecting the physical evidence to track down offending pets and their owners. Apartment manager Yvonne Martin said when they find unaccounted -for feces they will have it bagged up and shipped off for DNA testing. At the least, the testing would identify the dog breed. Martin said she knows the breed of all the ...

Navy F 18 Crash: Jet Slams Into Apartments In Virginia Beach, Virginia

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A U.S. Navy jet crashed into an apartment complex in Virginia Beach , Virginia, on Friday afternoon . CNN reports that the plane -- an F/A-18D assigned to Strike Fighter Squadron (VFA) 106 -- slammed into the Mayfair Mews Apartment complex , setting several apartments on fire. The US Navy reported that both pilots ejected from the plane, but are being transported to the local hospital for observation. The burning fuselage of an F/A- 18 Hornet lies smoldering after crashing into a residential building in Virginia Beach , Va., Friday, April 6, 2012. (AP Photo) The video posted below appears to show the fire and smoke after the crash: [embedded content] SEE MORE VIDEOS on HuffPost here. The U.S. Navy released the following statement: VIRGINIA BEACH , Va. (NNS) -- An F/A-18D assigned to Strike Fighter Squadron (VFA) 106 crashed in Virginia Beach , Va. April 6. Initial reports indicate that at approximately 12:05 p.m., the jet crashed just after takeoff at a location just off of the b...

180 apartments sited for University Parkway

MANATEE -- A proposed lakeside apartment complex bordered by newer townhomes and single family homes may soon bring more market-rate rentals to University Parkway. A property owner-controlled by Gilbane Building Co. of Rhode Island has submitted a final site plan to Manatee County that calls for 180 apartment units at 3415 Broadway Ave. The six- building complex would occupy a little more than nine acres in an area with fewer rental options than University Park to the east. Contacted about details the project, a representative of the property owner, University Groves Property LLC , declined to comment. Gilbane operates an office in Lakewood Ranch. Laurie Rastovski, a real estate agent with Michael Saunders & Co. who specializes in rentals, said new apartment units near the west end of University Parkway will be welcome. Having previously worked as a leasing agent at a large apartment complex nearby , she sees the demand. "In that area, it's going to be nice to have s...

Fire ravages apartment building in west Edmonton’s Callingwood area - Edmonton

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A fire broke out at a west Edmonton apartment complex Thursday morning in the Callingwood area, where crews arrived  to find some residents on their balconies. Edmonton Fire Rescue said 40 firefighters were called to the Westridge Estates B apartment complex at 7611-172 St. just after 8 a.m. and arrived on scene within five minutes.The fire began in a third floor suite and quickly spread. Flames could be seen shooting from the roof of the four- storey apartment building , which is owned by Boardwalk rentals.Third-floor- resident Kerry Upright said she woke up to fire alarms going off.“I heard screaming outside on the balcony,” she told Global News .“I went to the balcony and seen a guy almost jump off the balcony.” Story continues below She said she also saw smoke coming from his suite. She quickly gathered her things and left the building through a smoke-filled hallway. “It was pitch black and it was covered in smoke.” Watch below: We’re learning more about the measures people to...

Shadowbrook Apartments | Apartments in 235 S Bernardo Ave - Sunnyvale CA - Reviews - Photos

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Laura … more » Business Response: Laura, thank you so much for taking a few seconds to give us a 5 star shout out. Harish Vijendran Pros: This is a very good apartment community to live, overall. Very nice maintenance guys , who are very friendly as well. Good neighbors, even though I don't know them, never had any troub … le. Cons: Most apartments lack dual pane windows , so noise is on the higher side due to regular maintenance activities going on in other apartments, so if you are a person who works from home a lot, be ready. Rent increase was $230 for a one bed for 2017-2018 cycle. And there is easily a $100 on top of your rent advertised (monthly) Extra car parking is paid, but there is always someone who parks in your spot, in the internal community website , this is the top complaint. more » Pros: This is a very good apartment community to live, overall. Very nice maintenance guys , who are very friendly as well. Good neighbors, even though I don't know them,...