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Progress on site transforms Mohawk Harbor

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gallery_items: SHARE Galesi Group COO David Buicko says will be the nicest apartment in the Capital Region, on the Mohawk Harbor site ." /> - The view from what Galesi Group COO David Buicko says will be the nicest apartment in the Capital Region, on the Mohawk Harbor site . SHARE Galesi Group COO David Buicko says will be the nicest apartment in the Capital Region, on the Mohawk Harbor site ." /> - The view from what Galesi Group COO David Buicko says will be the nicest apartment in the Capital Region, on the Mohawk Harbor site . SHARE River House luxury condominiums Friday , October 28, 2016." /> - The main hallway in the River House luxury condominiums Friday , October 28, 2016. SHARE - The intersection of Erie Boulevard and Mohawk Harbor Way in Schenectady Friday, October 28, 2016. SHARE Rivers Casino Hotel on the Mohawk River in Schenectady Friday, October 28, 2016." /> - A boater passes the Rivers Casino Hotel on the Mohawk River in Schene...

Selling points: SL Green sells office tower for $97M, Sutton Place building sold for $17M

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CBRE SL Green sells suburban office property for $97M SL Green and TH Real Estate have sold Stamford Towers in Stamford, CT for $97 million. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s Institutional Properties represented the sellers. CBRE Global Investors purchased the Property. Stamford Towers is comprised of two adjacent Class A office buildings located in the Stamford CBD, one block from the Stamford Transportation Center . The property is also near the 722,000 s/f Stamford Town Center Mall (anchored by Macy’s, Barnes & Noble, H&M, and Saks Off 5th) as well as dozens of restaurants and retails options. Stamford Towers is currently leased to institutional and high credit tenants , including Citigroup, UBS Financial Services , H/ 2 Credit Manager , Titan Advisors, Gerald Metals, Bank of Ireland, Oaktree Capital, Oppenheimer, CoreCommodity and Newmark, among others. Recent capital improvements include the addition of a fitness center and basketball court, c...

Major Development Planned for RiverHouse in Pentagon City

Nearly 1,100 new apartment units could be coming to Pentagon City as part of a major planned development of the 37- acre RiverHouse apartment complex . RiverHouse owner Vornado presented the initial development plans to largely skeptical members of the Arlington Ridge Civic Association last night. The plans call for 934 new market rate apartment units , to be added to the existing 1,670 units on the site across three buildings, which date back to the 1950s and 60s. Vornado is also proposing a 150 unit, stand-alone affordable apartment building , to be developed with a nonprofit affordable housing partner . The new market rate units will be built across three buildings, each about seven stories tall — half the height of the existing buildings — to preserve the views of condominium residents on Arlington Ridge . The first two buildings are to be built on what is currently a surface parking lot across from the Pentagon Row courtyard . Between the buildings will run a pedestrian co...

Affordable apartments on the way in Spring Hill

SPRING HILL — Dozers and other earthmovers appear to be scraping up enough sand to build a pyramid on Northcliffe Boulevard, just west of Mariner Boulevard. With no informational sign on the property, many have wondered: What's being built? Related News/Archive The answer: Seven residential buildings of two and three stories, consisting of a total of 160 two- and three-bedroom apartments, will rise on the 10-acre site, said Damon Kolb, development associate with Lamson Avenue Apartments Ltd. in West Palm Beach . "We hope to have the first building ready by the fourth quarter this year," Kolb said. The complex will be known as Mariner's Cay. The apartments, up to 24 per building, will be reasonably priced, Kolb said. "We think there is still a market for affordable apartments. Affordable apartments for people who work in service industries has been underserved," he said. The state apparently agrees . The Florida Housing Finance Corp . is providing the develo...

250-unit apartment project planned in south Nashville

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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 ...

Sawgrass Cove Apartments Under New Ownership

Bradenton, FL, November 10, 2011 --(PR.com)-- Sawgrass Cove Apartments , a 336- unit community located in Bradenton, Florida, was recently acquired by Atlas Real Estate Partners and Andover Real Estate Partners . The acquisition represents the first formal partnership between Atlas and Andover. The two firms will work together to grow their Florida multifamily platform over the next 24 months. Greystar is pleased to be working with Atlas Real Estate Partners and Andover Real Estate Partners as they reposition the community. “We are delighted to have the opportunity to manage Sawgrass Cove ,” said Patricia Carney, Regional Property Manager for Greystar. “The community is centrally located minutes from exceptional shopping, dining, Anna Maria Beach & downtown Bradenton. We are very excited about the upcoming upgrades to the amenities and apartments! We are working hand in hand with Atlas and Andover to create a sense of community with regularly scheduled town hall meetings a...

Charleston apartment complex sells for $22.9 million | Business

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...

Vaseo Announces Basketball Tournament | MultifamilyBiz.com

PHOENIX (March 14, 2011) — Join Vaseo Apartment Homes on March 26 from 1 p.m. to 3 p.m. for a March Madness- inspired basketball tournament and barbecue. Three local schools — North Canyon High, Mountain Sky Junior High and Lookout Mountain Elementary — will compete in the tournament, vying for a first-place prize of $1,000, a second–place prize of $750 and a third-place prize of $500. In addition, a second basketball tournament will be open to the community, with prizes up to $1,000. "Schools are the foundation of our community," says Robert Klein, President of Klein Financial Corporation and representative for Vaseo Apartment Homes ' ownership. "Vaseo is proud to demonstrate our long-term commitment to our children, our schools and the greater Phoenix community though this family event. We proudly invite our neighbors to join us for a fun-filled day of food, music and games, as Vaseo officially launches the 'Vaseo Cares' program." During the ev...

Hot Corner: McCann Starts New Apartments in Pearland Construction Zone

PEARLAND, Texas — McCann Realty Partners, LLC has started construction on the 350-unit Radius at Shadow Creek Ranch Apartments in the Pearland submarket of Houston. Within a half-mile of the site, two hospitals  – HCA Pearland Medical Center and Memorial Hermann – are under construction along with a medical professional building by AMD Asset Holdings . Located west of Highway 288, the  McCann apartments will be built at the southwest corner of Business Center Drive and Discovery Bay Drive , in the Shadow Creek Ranch development . Shadow Creek Ranch is a 3,500- acre master planned community with more than 5,000 existing homes, town center shopping and dining, 700 acres of open space, 300 acres of lakes and 22 miles of hike and bike paths, six new schools and offices, hospitals and community facilities . The Class A apartment project will include 3 story stone and stucco exteriors with attached and detached garages.  Amenities will include a large clubhouse with a state of the a...

StoneBridge Investments Acquires 272-Unit Veridian at Sandy Springs Apartment Community

ATLANTA, GA - StoneBridge Investments of Washington, DC has acquired Veridian at Sandy Springs, a 272- unit apartment community in the greater Atlanta submarket of Sandy Springs, for $32 million. The seller, a fund managed by Covenant Capital Group , LLC, was represented by Mike Kemether and Travis Presnell of Cushman & Wakefield. Elliott Throne, Gregg Shapiro, and Ware Shipman of HFF secured acquisition financing through a Freddie Mac loan .Built in 1980 and extensively renovated, Veridian is located at 1800 Windridge Drive within the Perimeter Center , a fast-growing “edge city” that encompasses three small cities: Brookhaven, Dunwoody, and Sandy Springs. It is Atlanta’s largest employment center , with more than 123,000 employees, 31 million square feet of office space, three major hospitals , and six million SF of retail space including the 1. 5 million SF Perimeter Center Mall .“Having acquired a neighboring apartment community , 550 Abernathy, earlier this year, we remai...

Seven Springs Apartments for Rent - 100 Ridgebrook Way Northeast, Atlanta, GA 30345 with 1 Floorplan

Welcome home to the Seven Springs apartments in Atlanta, GA. Here you'll feel the comfort that makes our residents happy to call us home. In one of our Atlanta apartments you have the option between our one and two bedroom apartments for rent, planned and prepared for your specific liking. We know you will enjoy all of our apartments in Northlake. Our pet friendly apartments in Northlake presents you with cutting-edge amenities, precise-groomed grounds and a dedicated staff that contributes to a higher standard of living. Our Atlanta apartments amenities consist of 9 ft. ceilings, designer appliances and lavish ceramic kitchen tiles . Our pet friendly apartments boast convenient shopping , award-winning schools and lush parks, which are all minutes away. Living in one of our Northlake apartments leaves you in close proximity to the 85 freeway, allowing you easy access to all your weekday outings and weekend travels. When looking for a Atlanta, GA apartment for rent, there is ...