Construction Maison

DENVER, CO--(Marketwired - Aug 12, 2015) - Griffis Residential , a Denver- based multifamily investment and management firm, announced today that it has acquired Falcon Ridge Apartments , a 296-unit Class-A multifamily community located in the vibrant South Congress area of Austin, Texas. With the Falcon Ridge acquisition , Griffis Residential currently owns and manages approximately 6,700 apartment units in Colorado, Texas, Nevada and Washington. " Falcon Ridge Apartments is an institutional quality asset in a superior location near Austin's employment- rich Central Business District ," said Griffis Residential Executive Chairman , Ian Griffis. "Falcon Ridge is a perfect choice for renters who are looking for close proximity to Austin's urban employers and high- quality amenities at a more attractive price point than new midrise properties in the area." Effective immediately, Falcon Ridge Apartments has been renamed Griffis SoCo Austin . For commun...

SEGUIN, TX - Abode Properties announced its most recent transaction, adding another Class A multifamily asset to its steadily growing portfolio . Abode Properties welcomes Oak Hollow Apartments to its family of Class A multifamily residential properties . Oak Hollow is a 160- unit community located in Seguin, TX approximately 35 minutes east of San Antonio. Seguin is the county seat for Guadalupe County which currently sits as the 8th fastest growing county in Texas with a 47.75% increase in population from 2000-2010. Seguin is the retail hub for 3 counties, Guadalupe, Gonzalez and Wilson. Oak Hollow is the perfect place to call home. This master planned community is constructed with quality, sustainable materials, and is unsurpassed in providing energy efficient green initiatives as a standard feature. “We are excited to add this new asset to our portfolio. Oak Hollow is a premier gated community that provides tenants with a safe, stylish, energy efficie...

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 ...

In January 2015, a massive fire in Edgewater, N.J., demonstrated that buildings with sprinkler systems are not always protected against fire. The blaze destroyed 240 residential apartments and displaced 500 people from the Edgewater Avalon apartment building . The fire began when a maintenance worker’s plumbing torch accidentally ignited wooden wall studs , and flames quickly spread throughout the structure. Fifteen minutes passed before workers called the fire department . In that time, the fire spread throughout combustible void spaces (between walls and floors) and soon engulfed the building. Emergency personnel from 35 different cities and towns ultimately responded to the incident. Thankfully, there were no fatalities. Immediately after the blaze, people asked why the fire was so devastating. The building had sprinklers, after all. Shouldn’t the sprinkler system have extinguished the fire? To make matters worse , this building had already burned down 15 years prior during i...

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...

US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...