Construction Maison

VANCOUVER, Dec. 8, 2015 (Canada NewsWire via COMTEX) -- Pure Multi- Family REIT LP ("Pure Multi") (RUF.U)(RUF.UN)(otcqx:PMULF) today announced that it has entered into an agreement to sell Windsong Apartments ("Windsong"), located in Dallas, Texas, for gross proceeds of US$22.0 million. The sale is expected to close on or around December 28, 2015. Windsong is comprised of 264 residential units, situated on 10.0 acres of land and was built in 1985. Pure Multi acquired Windsong in July 2013 for US$16.5 million. As part of Pure Multi's commitment to create value for its unitholders through selective dispositions of its Class B assets, Pure Multi anticipates using the net proceeds from this sale to improve the overall quality of the portfolio by acquiring a high-quality Class A property. Steve Evans, CEO, stated, "Having successfully executed our value-add initiatives at Windsong, we are excited to capture this value we have created through this profitabl...

CLEVELAND, Ohio -- A Lyndhurst hotel and a pair of projects that will bring nearly 500 apartments to Cleveland won financing support Tuesday from the Cleveland- Cuyahoga County Port Authority . The port's board signed off on nearly $200 million in real estate- related bond transactions , setting the stage for construction to start within months on a trio of projects. The agency acts as a conduit for development financing, issuing bonds and helping to structure deals that involve longer terms , lower interest rates or cheaper construction materials than a borrower might find in the private market. Tuesday's headline deals were: A  Hyatt Place hotel and a 355- space parking garage at the Legacy Village shopping center in Lyndhurst. Developer Mitchell Schneider hopes to start construction in May and to complete the $33 million project by June 2016, in hopes of grabbing hotel- room demand generated by the Republican National Convention in July. The 135-room hotel and gara...

PHOENIX (3TV/CBS 5) - Homeless advocates say gaps in affordable housing options continue to be an issue in parts of Arizona, but a local organization is trying to help answer the call with the development of a new complex that also emphasizes energy efficiency . UMOM New Day Centers, based in Phoenix, announced plans to develop a four-story apartment complex called “19 North” that can accommodate up to 54 families in need of affordable housing . The $16 million project will be built on a vacant lot near Morten and 19th avenues in Phoenix, and is expected to be completed in 2019. Michelle Ray knows all too well the impact of having affordable housing options after she hit a rough patch in her life about 9 years ago. She and her 18-month-old daughter needed a place to turn to in the face of limited options , so Ray reached out to UMOM for help. Ray said she doesn’t like to imagine what her life would be like if she didn’t find UMOM and affordable housing . “I know if it wasn’t for ...

Lake+Forest A joint partnership between Wood Partners, LLC and Chicago-based Golub & Company recently broke ground on a 1.6-acre, 270- unit luxury rental community in Oak Park, Ill. Lake + Forest consists of a 21-story, 240,000-square- foot building located on Forest Ave. in the suburban village of Oak Park, and is designed by award- winning architecture firm Gensler . The building will occupy the site of a former city- owned parking structure , according to a news release. Lake + Forest will feature 124 one-bedroom units, 106 two-bedroom units, roughly 25,000 square feet of retail and office space facing Lake Street , as well as 288 private and 300 public parking spaces . Amenities include a fitness center, storage areas, a large outdoor deck , expansive hotel-quality lobby, and onsite car-sharing service. Each unit will feature stainless steel appliances , solid-surface countertops, vinyl plank flooring , floor-to-ceiling windows, washer and dryer, while select units will also...

Find out when your favorite shows return—plus, every new series. Most Popular HBO/CBS/Sundance Channel/NBC/ABC Aug 25, 2017 The season of crammed DVRs and binge-watching is upon us again. Not surprisingly, the fall TV lineups reveal plenty of new pedigree programming. Shows like David Simon and George Pelecanos' HBO drama The Deuce and Jane Campion's SundanceTV miniseries Top of the Lake: China Girl will probably become as much a part of the zeitgeist as returning shows like ABC's Scandal ( back October 5 ) and AMC's The Walking Dead (October 22). Also, expect a smattering of shows about real Americans making a difference, be it Lifetime's retelling of the events surrounding the Flint water crisis (premiering October 28) or, out later this year, National Geographic Channel 's adaptation of journalist Martha Raddatz 's book The Long Road Home : A Story of War and Family . This includes fictional programming , like military drama s Valor ( premieres O...