Construction Maison

Fort Lauderdale , Fla.—Greystar has begun construction on Elan 16Forty, a new 261-unit, mid- rise apartment community in Fort Lauderdale ’s growing downtown district , which will also offer 2,300 square feet of retail space. “Elan 16Forty will be minutes from the beach, Galleria shopping, Hollywood Park, the Las Olas district and downtown,” Gary Wallace, Greystar’s managing director of development, tells MHN . “It is the latest community we have developed under the Elan brand.  Elan communities embody Greystar ’s philosophy of developing stylish, high- quality apartment homes in distinctive locations.” Elan 16Forty will offer a variety of one-, two- and three- bedroom floor plans ranging in size from 686 to 1,599 square feet of living space. Units will include stainless steel appliances , custom kitchen islands with European cabinetry, granite countertops with under mount sinks, pendant lighting, bamboo flooring in living areas, contemporary carpeting in bedrooms and ceramic tile ...

BOCA RATON, FL - Mill Creek Residential , a leading multifamily investor and operator specializing in premier apartment communities across the U.S., announced the acquisition of Emerald Bay Club Apartments , a two-story garden- style community situated in the highly desirable West Boca submarket .Mill Creek will rebrand the community Alister Boca Raton and complete renovations to better meet the expectations of today's luxury apartment residents . The community, featuring 448 apartment homes , will receive interior updates , landscaping improvements and the addition of several resort- style amenities , including a luxury pool and fully equipped fitness center . " Palm Beach County is an extremely attractive location with a strong mix of entertainment destinations, employment opportunities and top-of-the-line schools," said Wes Dickerson, senior managing director of acquisitions for Mill Creek Residential . "We believe our upgrades to Alister Boca Raton wi...

BOCA RATON, Fla. , June 7, 2016 /PRNewswire/ -- Mill Creek Residential , a leading multifamily investor and operator specializing in premier apartment communities across the U.S., today announced the acquisition of Emerald Bay Club Apartments , a two-story garden- style community situated in the highly desirable West Boca submarket . Mill Creek will rebrand the community Alister Boca Raton and complete renovations to better meet the expectations of today's luxury apartment residents . The community, featuring 448 apartment homes , will receive interior updates , landscaping improvements and the addition of several resort- style amenities , including a luxury pool and fully equipped fitness center . " Palm Beach County is an extremely attractive location with a strong mix of entertainment ...

Survey: Broward has Florida’s 5 priciest cities for rental apartments The survey by RENTCafé ranked Miramar as the state's most expensive rental market August 19, 2017 02:00PM Aerial view of Broward County (Credit: Francisco Azola) Led by Miramar, Broward County has the five most expensive rental apartment markets in Florida, according to a survey by RENTCafé, a national apartment -search website. The average monthly rent for a Miramar apartment was $1,800 in July, a 3.2 percent increase from July 2016, RENTCafé reported. RENTCafé surveyed apartment buildings with at least 50 units. The survey excluded houses and condominiums on the rental market. Adrian Rosenberg, a spokesman for the website, told the Sun-Sentinel that Miramar rents reflect a large stock of high- end apartment buildings in the southwest Broward County suburb , where developers have opened 1,500 new apartments since 2013. RENTCafé found that the average apartment rent in Fort Lauderdale ranked second amo...

SEATTLE, Aug. 24, 2017 /PRNewswire/ -- Home values are setting new records in about half of the country's largest metros, and the national median home value is now $4,100 more than it was in April 2007, just before the market crashed , according to the July Zillow® Real Estate Market Report(i). Home values in Denver, Dallas and San Jose have appreciated most beyond the previous record-highs set at the peak of the housing bubble in the mid-2000s. Homes in Denver are almost 60 percent more valuable now than during the bubble, increasing from a median home value of $235,900 in April 2006 to a current median home value of $371,100. When the housing market crashed , home values plummeted and it has taken about 10 years for home values to reach new record highs. Strong labor markets and steady income growth have pushed up home values in the nation's hottest markets more quickly than in others. Among the 35 largest housing markets , 15(ii) have higher median home values than ...