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JRK Property Holdings Adds to Chicago Multifamily Portfolio with 504-Unit Acquisition

LOS ANGELES, CA - JRK Property Holdings has acquired Clover Creek , a 504- unit apartment community in suburban Chicago in a transaction brokered by HFF.Built in 1986, Clover Creek is located in Lombard, IL, a premier suburban Chicago submarket in the heart of DuPage County, 30 minutes west of downtown Chicago.   Clover Creek also benefits from its proximity to the Illinois Technology and Research Corridor (ITRC), one of the principal economic centers in suburban Chicago and the home to the headquarters of seven Fortune 1,000 companies.   Clover Creek is located 10 miles west of the ITRC along I-88.  Clover Creek offers a variety of one-, two- and three- bedroom floor plans in seven, four-story and two, two-story buildings on a low-density 34-acre site.   Common area amenities include a swimming pool, playground, soccer field, volleyball court, bark park, and clubhouse with Internet café, fitness center and business center.  With approximately 60% of units still in origina...

The rise of ‘three-car garage rock’

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In the summer of 1995, Doug Robb and his friends snuck into Agoura High School in the middle of the night. Dressed in all black, they found the set of portable stages their alma mater used for its commencement ceremonies and wheeled them through a dirt track and onto the beds of pickup trucks they’d borrowed for the occasion. The next day, they set up the foldout stages in Robb’s parents’ backyard to play their first show as Hoobastank, a metal- influenced band they’d formed about six months prior. Robb eventually returned the stages to the school, but not before using them during a massive rager that attracted teens and 20-somethings from all over the area. Among them were the then-unknown members of Incubus and Linkin Park—bands that, along with Hoobastank, would go on to produce some of the biggest hits of the next century. What could’ve easily been just another house party thrown by bored kids in a wealthy LA suburb turned out to be the beginning of a rock-music scene that was...

City of Quincy, Hines and Callahan Commemorate Expansion of Marina Bay Boardwalk

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QUINCY, MA - From Callahan Construction and the City of Quincy: Hines, Callahan Construction Managers and Quincy Mayor Thomas P. Koch helped launch a public boardwalk celebration at Meriel Marina Bay , Quincy’s newest waterfront apartment community , on Saturday, August 12, 2017. The event commemorated the expansion of the Marina Bay boardwalk with a ribbon-cutting led by Quincy Mayor Thomas P. Koch, followed by a free boardwalk festival adjacent to Meriel Marina Bay offering fun and entertainment for all ages. “Our city has experienced an ongoing positive evolution across all neighborhoods over the last number of years with the steady addition of new businesses and residents proud to call Quincy home ,” said Quincy Mayor Thomas P. Koch. “Marina Bay has particularly continued to thrive as a destination where residents and visitors alike come to live, work and play, and I’m thrilled to see the continued growth of this community with the expansion of the boardwalk through the ...

Chip and Joanna's 'Fixer Upper' Special and Other Celebrity Homes You Can Buy or Rent

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August 26, 2017 Chip and Joanna love fixing up houses, and even offer a popular rental house | HGTV.com You may not be a celebrity, but you can live like one. The rich and famous love selling (and renting) luxury real estate almost as much as they like buying it. Provided you have the money, you can move into a home where the glitterati once slept. You might even be able to score a relative bargain in the process. Celebrities sometimes have trouble unloading their over-the-top homes, research by Redfin has found. The real estate website looked at 60 homes celebrities bought and sold, and compared them to similar homes that weren’t purchased by famous faces. The stars’s homes not only took longer to sell, but they also tended to sell at a discount. It wasn’t unusual for celebrity home s to sell for $1 million or more under the original asking price. ")}; Sometimes a celebrity’s home takes a while to sell because of unique design features or amenities that don’t appeal to al...