Construction Maison

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....

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...

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...

Monthly rents at Monterra Apartment Homes to range from $1,195 to $1,700 An aerial view of the 250- unit apartment complex that's planned for 15201 Old Hickory Blvd. (Photo: Submitted) Story Highlights Monterra Apartment Homes will cost roughly $55 million to build at 15201 Old Hickory Blvd. "We have plans to do over 1,000 units in Nashville before we're done," Buffalo, N.Y.- based developer Anthony Cutaia said. Amenities will include a dog park and a resort- style community center with a fitness center. The Maddox Foundation, which offers grants in Northwest Mississippi, was the seller of the property. A New York-based entity has paid $2.5 million for 15.27 acres in the Valley Brook neighborhood in south Nashville with plans for a roughly 250- unit apartment project . Buffalo area-based suburban developer Anthony Cutaia is behind plans for the roughly $55 million Monterra Apartment Homes , which will rise at least three stories on the vacant, multifamily zoned ...

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...

Spokane Valley - based Central Valley School District has bought for $2.3 million the Broadway Square Apartments complex at 11910 E. Broadway, in Spokane Valley , and plans to demolish it to make room for the envisioned replacement of North Pines Middle School , says Ben Small, district superintendent . North Pines Middle School , which serves about 500 students, is located on 14.5 acres of adjacent land at 607 N. Pines Road. Small says the district bought the 2.4-acre, 50- unit apartment complex with funds from a $ 113 million bond measure , which voters approved in February 2015. The district anticipates including construction funding for the planned middle school relocation project in a future ballot measure that would go before voters in the spring of 2018, he says. Small says a district facilities assessment conducted in 2010 concluded North Pines Middle School should be replaced. “Its systems and structures...

WEST DEPTFORD TWP. – Chronic roof leaks and at least one ceiling collapse have led township officials to revoke three certificates of occupancy at the Forest Creek apartment complex . Residents of the second floor of the apartment complex near Jessup Road have, since last November in some cases, been complaining of regular leaks in their ceiling. Tisa Davenport was in her sixth year living at Forest Creek when a new leak spouted last January. “It was a regular thing, and it’s like you just know the routine at that point,” said Davenport, 33. “The response from management has always been you poke a hole in the ceiling, you get a bucket and you wait for roof repair. But I had three leaks this year and on Feb. 10 or 11, my ceiling collapsed.” Looking into the crater in her ceiling, Davenport reported seeing mold. Her apartment and two others have been deemed uninhabitable, following inspections from West Deptford code enforcement official Mark Hallahan . “It’s the smell of it that rea...

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...

Hate, Hope and Swimming Lessons An American Summer With the First Syrians in Iowa Abdul Fattah Tameem and his family enjoy the pool on a hot summer day at the family's new apartment complex in West Des Moines , a suburb of Des Moines, Iowa." width="1520" height="1014" /> Abdul Fattah Tameem and his family enjoy the pool at the family’s new apartment complex in West Des Moines . By ROBIN SHULMAN | Photographs by DANNY WILCOX FRAZIER —VII for TIME Just over a year ago, Ghazweh Aljabooli and her husband and five children landed at the Des Moines airport and became the first refugees from Syria’s ongoing civil war to settle in Iowa . In their first summer in America, each step felt momentous . The first shopping trip to Walmart, the kids playing in a pool and taking the bus to school, all put the horrors of war further behind them—the years without sufficient food, the bombs that destroyed their house and ruined their city of Homs, the month they cam...

NORFOLK The housing market may be struggling, but apartment construction in Norfolk continues to boom. The City Council is expected to approve a rezoning today that will allow a 180-unit, $20. 7 million upscale apartment development called the Meadowood Apartments to be constructed off North Military Highway . It would be the seventh apartment complex that opened, received city approval or on which construction began in the past year. Moreover, two other apartment complexes have been proposed. Meadowood would be built on 7.7 acres currently zoned for industrial use on International Boulevard adjacent to a Kmart and the Park Crescent Apartments . Rents would top out at $1,450, said Taylor Franklin, vice president of multi family development for S.L. Nusbaum Realty . It would be a gated community, Franklin said. Nusbaum has either proposed, built or is building four of the complexes in Norfolk. "The apartment market in Hampton Roads remains very strong," Franklin...