Construction Maison

PHOENIX, AZ - Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot).Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities inclu...

Colliers International in Greater Phoenix recently completed the sale of the 468-unit, Class C Willow Springs Apartments in Phoenix for $13.25 million or $28,312 per unit ($42.66 per square foot). Resort on 27th LLC of Los Angeles purchased the property, located at 4715 N. 27th Avenue, from MLCFC 2007- 7 North 27th Avenue LLC of Miami Beach, Florida. Bill Hahn, Jeffrey Sherman, and Trevor Koskovich, executive vice presidents with Colliers International ’s HSK Multifamily Southwest Team , represented both buyer and seller. Built in 1986, the apartment community consists of 14 three- story buildings constructed on a rectangular-shaped site, situated on 13 acres. The property is north of Indian School Road , south of Glenrosa Avenue and west of the I-17. Within 310,596 square feet of living space, the unit mix is 252 one bedroom/one bath, 108 two bedroom/one bath and 108 two bedroom/two bath apartments . Unit amenities include walk -in closets, dishwashers, storage rooms and priv...

Sign-up for the Urban Milwaukee daily email River House Milwaukee’s newest luxury apartment complex is open for business. Residents have begun moving into the River House, a two- building apartment complex at 1785 N. Water St. consisting of 243 units. Developed by Atlanta- based Atlantic Realty Partners , the project marks the first entry into the city for the firm founded by two brothers originally from Whitefish Bay. The company, which has developed approximately 8,000 rental units across the country, has a handful of other developments in the Milwaukee area , including a cluster of buildings on W. State St. in Wauwatosa. I toured the complex in late January with property manager Alexis Criscimagna and Atlantic Realty Partners project manager Matthew Schossow . Criscimagna was upbeat, the first two units had residents and 17 leases were signed. The model units were recently finished and one floor a month was coming online in the first, six-story building. The second building will ...

Wicker Park Lofts , 1515-17 W Haddon, Chicago" src="http://i.yochicago.com/images/hpmain/116/305116.jpg?preset=yosize" class="imgfull" alt="image" /> Lease-up is underway at Wicker Park Lofts , a 40- unit apartment building at 1515 – 1517 W Haddon. The transit-oriented development, which is nearing completion, is just 570 feet from the Division Blue Line stop and a short walk from popular bars, restaurants and shops. Wicker Park Lofts , 1515-17 W Haddon, Chicago, at arrow" src="http://i.yochicago.com/images/hpmain/118/305118.jpg?preset=yosize" class="imgfull" alt="image" /> Wicker Park Lofts is a short walk from the ball field, gyms and pool at Pulaski Park. Wicker Park Lofts takes advantage of the property’s uniquely-shaped site and offers studio, 1-, 2- and 3-bedroom “soft loft” apartments. The units feature top -of-the-line finishes and state-of-the- art design elements . Fourth and fifth- floor apartmen...

Multifamily in Greater Memphis has been experiencing a fair amount of activity as of late, with two apartment communities trading in just a few days’ time. One of these communities is the 220-unit Foxwood Apartments —located in the Bill Morris Parkway High - Tech Corridor submarket of the Bluff City. The 1972- built multifamily property was purchased for $2.27 million by Resource Real Estate Opportunity REIT . The 30- building development offers 212 ,000 square feet of leasable area, and community amenities include a fitness center, swimming pool, tennis courts, playground, clubhouse and onsite leasing office . Foxwood Apartments is located conveniently close to I-240 and Nonconnah Parkway , placing the community in proximity to major employmers such as FedEx World, Technicolor, Nike, Lenox Corporate Park and the Nonconnah Technology Corridor . Resource Real Estate Opportunity acquired Foxwood Apartments along with Park Forest Apartments in Oklahoma City, Okla. The company pai...

The Emerson is Oak Park’s newest full- amenity apartment community , boasting a steps-to-everything location and Target on-site. The Emerson offers a range of studio to 2-bedroom, 2-bath apartments in a mid-rise building and a 20-story tower that boasts views of the Chicago skyline. Studios rent from $1,712 a month, 1-bedrooms from $1,920 and 2-bedroom, 2-baths from $2,812. Floor plans and near real-time rent and availability info are online. [embedded content] Apartments have plank flooring in living areas, upscale kitchen and bath finishes, individual heating and air-conditioning, and in-unit washer / dryers. [embedded content] [embedded content] Join us in the videos for narrated tours of two 1- bedroom model apartments and a 2-bedroom, 2-bath model. The Emerson’s amenities include an expansive club room with a kitchen and dining area, a resort- style pool deck with grilling stations and a fire pit, and a fully- equipped fitness center with a separate group fitness area . The...

AMLI 900 is 440-unit, 23- story apartment tower in the South Loop. First occupancy at AMLI 900 was in 2009. AMLI Residential was the developer of the property. Solomon Cordwell Buenz was the architecture firm and Walsh Construction was the general contractor. AMLI 900 was the first major Chicago high -rise to announce that it would be completely smoke-free. The apartments AMLI 900 offers 9 different floor plans of studio, 1-, 2- and 3-bedroom apartments. Two- and 3-bedrooms have two baths. Floor plans and a near real- time availability check can be accessed online The apartments have a “soft loft” aesthetic, with 9- foot high concrete ceilings , floor-to-ceiling windows and exposed spiral ductwork . AMLI 900 has higher-level finishes than some of its competitors. All-electric kitchens have 42- inch kitchen cherry or maple cabinets and stainless steel and black appliance packages that include built-in microwaves. The open-plan kitchens have good counter space , islands with pendant...