Construction Maison

DENVER, CO--(Marketwired - Aug 12, 2015) - Griffis Residential , a Denver- based multifamily investment and management firm, announced today that it has acquired Falcon Ridge Apartments , a 296-unit Class-A multifamily community located in the vibrant South Congress area of Austin, Texas. With the Falcon Ridge acquisition , Griffis Residential currently owns and manages approximately 6,700 apartment units in Colorado, Texas, Nevada and Washington. " Falcon Ridge Apartments is an institutional quality asset in a superior location near Austin's employment- rich Central Business District ," said Griffis Residential Executive Chairman , Ian Griffis. "Falcon Ridge is a perfect choice for renters who are looking for close proximity to Austin's urban employers and high- quality amenities at a more attractive price point than new midrise properties in the area." Effective immediately, Falcon Ridge Apartments has been renamed Griffis SoCo Austin . For commun...

Scottish property developer, Drum Property Group has agreed an additional £17. 5 million finance package with Royal Bank of Scotland. The business, established in 2004, and based in Aberdeen, Glasgow and Edinburgh, will use the Bank’s funding to further expand its residential investment portfolio and continue to invest across Scotland’s central belt. Drum Property Group ’s residential investment business is one of the largest private landlords in Scotland, whilst its development division is behind some of the country’s largest mixed-use development projects. The company has consent to build 350 apartments and 1,000,000 sq. ft. of office accommodation in the Tradeston area of Glasgow, in addition to 220 apartments in Finnieston. The Group also recently delivered retail developments in Uddingston, Helensburgh and Ipswich, and has just announced its appointment by Scottish Enterprise to deliver a 7.4-acre mixed-use site at Pacific Quay. Stuart Oag, Finance Director at Drum Property...

The following discussion of our financial condition and results of operations should be read in conjunction with the financial statements and notes thereto and other financial information included elsewhere in this report. Certain statements contained in this report, including, without limitation, statements containing the words "believes," "anticipates," "expects" and words of similar import, constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of certain factors, including our ability to create, sustain, manage or forecast our growth; our ability to attract and retain key personnel ; changes in our business strategy or development plans; competition; business disruptions; adverse publici...

Crescent Construction of Columbia, SC, has received GAF’s 2017 President’s Club Award. A GAF Master Elite (R) contractor since 2013, it serves Columbia and the surrounding areas as a full- service roofing and renovation contractor . Columbia, SC - August 24, 2017 - Crescent Construction LLC of Columbia, South Carolina, has received the most prestigious contractor award GAF offers : The GAF President ’s Club Award. This highly coveted award recognizes Crescent Construction as one of the “elite of the elite” residential roofing contractor s in the United States. GAF is North America’s largest roofing manufacturer , and only GAF Master Elite (R) Contractors can compete for its residential President’s Club Award. To qualify for this award, a residential roofing contractor must meet specific criteria in at least one out of three different pathways: the Performance pathway, where contractors focus on giving their property owners the best possible service, quality, and protection; the...

Merger will create leading Greater NYC Metro regional bank with $29 Billion in Assets MONTEBELLO, N.Y. and LAKE SUCCESS, N.Y., Aug. 16, 2017 (GLOBE NEWSWIRE) -- Sterling Bancorp (NYSE:STL), the holding company for Sterling National Bank and Astoria Financial Corporation (NYSE:AF), the holding company for Astoria Bank, announced today that the Office of the Comptroller of the Currency (“ OCC ”) has approved the merger of Astoria with and into Sterling (the “ Merger ”).  The transaction, which was announced March 7, 2017 and approved by the shareholders of Astoria Financial Corporation and Sterling Bancorp on June 13, 2017, remains subject to other customary closing conditions , including the approval of the Board of Governors of the Federal Reserve System .  Assuming such conditions are satisfied, Sterling Bancorp and Astoria Financial Corporation expect to complete the Merger early in the fourth calendar quarter of 2017. /EIN News/ -- About Sterling Bancorp Sterling Bancorp , who...

It was the type of celebration that’s become commonplace in the Seaport District . Investors, developers, and other real estate types mingled earlier this summer at a groundbreaking ceremony for Echelon Seaport — $900 million worth of luxury condos and apartments set to rise from a parking lot on Seaport Boulevard. Advertisement Under a big white tent , guests sipped cocktails and listened as Governor Charlie Baker and Boston Mayor Martin J. Walsh touted the glassy, gleaming business district sprouting around them.Away from the festivities, Alex Shing of Los Angeles- based Cottonwood Management — the project’s developer — spoke about the strong interest from investors all over the globe who wanted to buy into Boston’s booming Seaport. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news , delivered weekdays. “This is probably the most valuable piece of dirt in the world,” Shing said. Yet to help finance the project, Cottonwood and its...