Construction Maison

A racist flyer that made waves on social media today after a resident of an Irvine, Ca. apartment building found it hanging in an elevator is fraudulent, according to a spokesman for property company Equity Residential . “This flyer is a fake. It wasn’t produced by us. It wasn’t posted by us. I don’t know where it came from,” Equity representative Marty McKenna said over the phone this morning. The flyer—a notice about noise complaints in Irvine’s Toscana apartment complex—included a bolded section directed specifically at African-American residents. It read: We also would like to remind our African-American residents to keep conversation volume down and reduce music levels between 10:00 p.m. and 7:00 a.m. Multiple complaints have been made regarding this issue. The notice attracted attention after Toscana Apartments tenant and Instagram user @teyent_theequeenb posted a photo and video to her page. “This is what it means to be black in Irvine,” she says in the video. “Blatant ra...

Canadian Apartment Properties REIT  (TSX:CAR.UN) released its quarterly results earlier this month. I’ll look at how the company did, the strength of its financials, and if you should consider buying the stock. The company owns and operates residential rental properties , including apartments and townhomes, in many large urban centres in various locations across Canada. Although it’s predominantly in Canada, Canadian Apartment Properties has locations in Europe as well, specifically in Ireland and the Netherlands. The stock is a little different than many other REITs in that it focuses on apartments and residential spaces; other trusts rely more on commercial tenants. This stock would allow… Canadian Apartment Properties REIT (TSX:CAR.UN) released its quarterly results earlier this month. I’ll look at how the company did, the strength of its financials, and if you should consider buying the stock. The company owns and operates residential rental pr...

Boasting a price of $15.45, Preferred Apartment Communities Inc. (NASDAQ:APTS) traded 0.17% higher on the day. With the last stock price close up 18.71% from the two hundred day average , compared with the S&P 500 Index which has increased 0.05% over the date range. Preferred Apartment Communities Inc. has recorded a 50-day average of $16.58 and a two hundred day average of $14.93. Volume of trade was down over the average, with 314,725 shares of APTS changing hands under the typical 316,052 BidaskClub has downgraded Preferred Apartment Communities Inc. (NASDAQ:APTS) to Buy in a statement released on 7/8/2017. Performance Chart Preferred Apartment Communities Inc. (NASDAQ:APTS)" width="530px" style="border: 0pxpx;" /> With a total market value of $0, Preferred Apartment Communities Inc. has with a one year low of $12.02 and a one year high of $18.11 . A total of 8 equity analysts have released a research note on APTS. Five equity analysts rating...

Standard Chartered Bank's global real estate head , Mark Ebbinghaus , has gained approval for a 20- storey residential tower in his hometown of Adelaide.  Construction on the $70 million project at the corner of Rundle Street and East Terrace is expected to start late next year after it meets its 50 per cent pre-sales target.   "This is one of the most important residential development sites in the city and will be a fundamental feature of the East End, underpinned by its integrated and sensitive design," said Mr Ebbinghaus, who assisted Frasers Centrepoint on its successful $2.6 billion bid for Australand in 2014. "We have received strong inbound interest levels in the apartments at this gateway site to the city and kick starting this project is a significant vote of confidence in Adelaide." apartment tower is due to start by late next year, subject to meeting the 50 per cent presales ..." width="620" class="lazy620x0" src="s...

NEW YORK, NY -  Centerline Capital Group (“Centerline”), a provider of real estate financial and asset management services for affordable and conventional multifamily housing , and a subsidiary of Centerline Holding Company (OTC: CLNH), announced today it has provided an $11. 4 MM Fannie Mae DUS Choice refinancing for the Woodchase Apartments in St. Louis, Missouri. Woodchase Apartments is a garden style multifamily facility that was built in 1984 and comprises 17 two- and three- story residential buildings , and one single-story office/clubhouse.  The property consists of a total of 186 units, and the unit mix is made up of 92 one-bedroom and 48 two- bedroom apartments , and 18 one-bedroom and 28 two- bedroom townhome units .  The loan is a 10- year fixed rate facility with a 30- year amortization period . The portfolio was refinanced to secure a new low interest rate . Centerline is one of the nation’s leading Mortgage Banking institutions in the multif...

Every metropolitan area in the nation is racially segregated, and Los Angeles is no exception. We tolerate residential segregation because we’re convinced that it happened informally — because of personal choices and private discrimination. But what cemented our separate neighborhoods is something most of us have forgotten — government’s unconstitutional and systematic insistence on segregated housing in the mid-20th century, establishing patterns that persist to this day. The 2010 census data show that 60% of Los Angeles’s African Americans live in neighborhoods where few whites are present. The exposure of blacks to whites is as minimal as it is in Chicago or Newark; concentrated African American poverty is as common in L.A. as in New York or Pittsburgh. The New Deal created the nation’s first civilian public housing in the 1930s, segregated not only in the South, but nationwide. In his autobiography, the African American poet Langston Hughes recounted his adolescence in Worl...

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...