Construction Maison

By MELISSA PROULX Union Leader Correspondent July 20. 2017 9:37PM Eastern Trails project in Milford is expected to finish mid-August."> Construction on the first building in the first phase of the Ridge at Eastern Trails project in Milford is expected to finish mid-August.  (MELISSA PROULX/CORRESPONDENT) MILFORD — Construction of an upscale apartment complex in this Southern New Hampshire community is getting ready for occupancy as vacancy rates in the state remain low . The Ridge at Eastern Trails are expected to wrap up the first phase of a 124 unit proposed development sometime in the coming weeks. The new apartments and townhouses are located off Route 101A, behind the Milford branch of Nashua Eye Associates . The Ridge offers some of the first newly constructed apartment buildings in that region in years, said Ron Dupont, president of Red Oak Apartments , a Manchester-based company that owns the Milford development. “There hasn’t been anything built here i...

I didn’t cry while searching for a San Diego apartment , but I came close. Moving to the city on a Sunday night, I had a five-day reservation at a Motel 6 and needed to find an apartment fast . I also had my 6-year-old tabby cat with me and a new job as real estate reporter for the San Diego Union -Tribune to start the next day. I was fairly confident I’d find a place quickly because in the last decade I had managed to get apartments in London, Chicago, San Francisco, New York City, rural New Jersey, Northeast Pennsylvania and, most recently, Monterey. Not only did San Diego turn out to be the most difficult, it made me change nearly everything I thought I wanted. My criteria was a one- bedroom apartment near the beach that allows cats, a rent of no more than $1,200 and was fairly close to work. To say the least, I stayed at the Motel 6 longer than expected. Ignorance of what neighborhood I was in most of the time was exacerbated only by a rental market that has seen prices increase...

OVERVIEW “Wherever there is conflict in the world, a few years later you start to see that population showing up here,” says Andriana Abariotes, executive director of Twin Cities LISC ( Local Initiatives Support Corporation ). Minneapolis-St. Paul has a long history of welcoming immigrants and refugees from around the world and is home to many organizations serving these populations. St. Paul’s East Side, where LISC has worked for years, is home to a rich cultural mix of immigrants including Hmong , Somali, Karin, Bhutanese, Sudanese, Latinos and others, alongside Native and African Americans. “Wherever there is conflict in the world, a few years later you start to see that population showing up here.” “It is a hard to reach population,” says Amy Gillman at the LISC national office . These are “highly impoverished and culturally diverse residents , who face significant barriers to physical and social activities related to health.” To make matters worse , the city is experiencing a ...

San Francisco Supervisor Aaron Peskin has asked the city attorney to explore legislation to impose a vacancy tax on large property owners who leave residential and commercial buildings empty . During a supervisors meeting this month, Peskin said he continues to receive complaints about the impact of “ghost buildings” on neighborhoods. The problem is, nobody really knows how many vacant homes there are in the city and whether a vacancy tax would be legal or effective in freeing up much-needed housing. In an interview, Peskin cited a 28- unit apartment building at 1656 Powell St. that was vacated after a fire damaged some units in December 2013. It remains empty. The three-story building is in a prime North Beach location across from Washington Square Park . Four businesses on the building’s ground floor — a liquor store, a bar, a Thai restaurant and a seafood restaurant — are open, but the apartments above still have boarded-up windows and a littered lobby. Some work was done in the...

"); } if ($(imageDivId).length == 0) { $("#wrapper").after(contentText); } })(jQuery); BREMERTON, Wash. - Crystal Turner stood in the kitchen of her cramped apartment and stared at the cracks in the fake wood flooring beneath her feet. Surrounding her was the home she'd made for herself and her two sons in the past year, since they moved out of her Toyota Camry and into Admiral Manor, a low- rent apartment complex in west Bremerton . There was the single bedroom with two kids' beds on the floor. The living room she'd decorated with signs that said "Hope" and "Love." A dingy bathroom with a leaking toilet that had never been fixed. In this undated photo, Matthew Daigneault pushes his son Aden as he plays outside on the swings of his rental home in West Bremerton , Wash. (Larry Steagall/Kitsap Sun via AP) © 2017 Cox Media Group . Admiral Manor wasn 't the place Turner, a recovering addict, wanted to raise her boys. It was the place...

After a UBS housing report pointed to as many as one in four homes owned offshore by mainland Chinese buyers being kept empty, and a further quarter used on a "temporary" basis, experts have been quick to say the results do not apply to Australian real estate . Among the naysayers is Jane Lu, head of Australia for Chinese international property site Juwai . She said there was "no hard data" and called the idea of vacant apartments held by offshore buyers as an "urban myth". "Most Chinese buyers of inner- city apartments are not so wealthy that they can afford to leave their property vacant ??? rather than renting it and earning some sort of income. There are some who do not live there full-time, because it is their second home. " Chinese investors are no more likely to turn down easy rent money than are Australians ... Australian second-home owners probably have more vacant properties in Ballina and Byron Bay than Chinese investors do...

Every year, the B.C. Residential Tenancy Branch sets the maximum allowable percentage by which landlords are legally permitted to increase rents. This week the Residential Tenancy Branch revealed this number for the year ahead. 4.0% is the 2018 maximum allowable rent increase for residential tenancies . With apartment vacancy rates in Vancouver at an all-time low, landlords will be eager to take advantage of this year’s increase. As a reminder, landlords can only increase the rent once in a 12 month period and give the tenant three full months’ notice of the rent increase. This year’s increase is the highest it has been in five years. It’s up from 3.7% in 2017, 2.9% in 2016, 2.5% in 2015, and 2.2% in 2014. This means that if you live in Kitsilano and pay $3,230 for a two-bedroom apartment, next year, your rent could be increased to $3,360 per month, or an annual increase of $1,560. Share this: Last modified: August 27, 2017

GRAND PRAIRIE, TX - Marcus & Millichap Real Estate Investment Services , the nation’s largest real estate investment services firm , has arranged the sale of Windridge Apartments , a 720- unit apartment complex in Grand Prairie, Texas. The terms of the sale were not released. William Jarnagin and Michael Ware, both senior associates in Marcus & Millichap’s Dallas office, represented the buyer, Milwaukee- based MLG Capital . SIMC Management of Dallas will manage the asset.  Jarnagin and Ware also represented the seller, an out-of- state property owner . “Dallas/Fort Worth has been a hotbed of economic activity this year, creating favorable conditions in the apartment market for both buyers and sellers,” says Ware. “Despite some recent volatility, interest rates remain attractive and apartment vacancy in the Metroplex is near a five-year low.” Built in 1987 on approximately 40 acres, the property is located at 2301 East Avenue H in Grand Prair...

Mack- Cali Realty Corp . (NYSE:CLI) Q2 2017 Earnings Conference Call August 03, 2017 08:30 AM ET Executives Michael DeMarco - President and Chief Executive Officer Anthony Krug - Chief Financial Officer Marshall Tycher - Chairman of Roseland Residential Trust Analysts John Guinee - Stiefel Manny Korchman - Citi Jamie Feldman - Bank of America Rob Simone - Evercore ISI Vincent Chao - Deutsche Bank Operator Good day, everyone, and welcome to the Mack- Cali Realty Corporation Second Quarter 2017 Earnings Conference Call . Today's call is being recorded. At this time, I would like to turn the call over to Michael J. DeMarco, President and Chief Executive Officer . Please go ahead, sir. Michael DeMarco Thank you, operator. Good morning, everyone, and thank you for joining the Mack-Cali's second quarter 2017 earnings call . This is Mike DeMarco, the CEO of Mack-Cali. The lovely day in a waterfront, sun shining. I'm joined today by my partners Marshall Tycher , Chairman of Rosel...