Construction Maison

Description Great opportunity to purchase and own a stable asset with further income potential. Built in 1971, the property consists of a 10 unit building with garden courtyard situated on a 21, 138-square foot lot with approximately 11, 446 rentable square feet . The building has been owned and maintained by one owner for over 45 years offering the buyer a valued added opportunity to improve the property and thereby increase the low rents in this high-demand area. The subject property has a desirable mix of four 3 bedroom/2 bath apartments, and six 2 bedroom units with one or more baths. All units are individually metered for gas and electricity. Amenities include an on- site laundry facility , wall air conditioning units , carport parking, and plenty of street parking.Besides its convenient location next to 10 and 210 freeways, the apartment complex is just a few blocks away from downtown Covina and the Eastland shopping complex . Other notable locations near the subject prope...

Praxis Capital has acquired Clarkston, Georgia-based Birch Run Apartments , an 198-unit property for an undisclosed sum. However, Praxis is planning on investing $3 million to renovate and upgrade the property. PRESS RELEASE SANTA ROSA, Calif., Aug. 22, 2017 /PRNewswire/ — San Francisco area based Praxis Capital , Inc. is pleased to announce that it has acquired the 198-unit Class B Birch Run Apartments in Clarkston, Georgia. This is the company’s first acquisition in the Atlanta metro. Praxis plans to build a portfolio of approximately 2,000 units in this market. The Praxis executive team , possessing more than $6.3 billion of transactional experience in the multifamily sector, including institutional management of more than 90, 000 apartment units , seeks to build a large portfolio of Class B/C workforce housing, consistently unlocking embedded value in multifamily real estate . Praxis also looks to expand its relationships with Family Office and Institutional JV Equity sources ...

Marcus & Millichap Real Estate Investment Services has announced the sale of Toscana Apartments, a 24- unit apartment community located in Central Phoenix, Arizona. The asset commanded a sales price of $1,750,000 or $72,917 per unit. Brian Tranetzki and Rich Butler, multifamily investment specialists in Marcus & Millichap’s Phoenix office, had the exclusive listing assignment to market the property and negotiated the transaction on behalf of the seller, an investment partnership from Berkeley, California and the buyer, a local private 1031 exchange investor . “Toscana Apartments is a boutique apartment community nestled between the prestigious Biltmore neighborhood and the Central Avenue Corridor in Phoenix. Toscana is one of the most unique properties in Central Phoenix in that no two floor plans are alike; there are numerous poolside units along with apartment units that are located in a huge, picturesque garden area not typical for a Phoenix setting. Select floor ...

Lloyd Jones Capital has acquired Seabrook, Texas-based Regatta Bay Apartments . The seller was FRBH Regatta Bay LLC . No financial terms were disclosed. Finlay Management , the operations group at Lloyd Jones Capital , will serve as the property manager . PRESS RELEASE MIAMI, Fla. – Lloyd Jones Capital , a Miami- based multifamily investment firm , has purchased the Regatta Bay Apartments from FRBH Regatta Bay , LLC. The property is located at 2555 Repsdorph Road in Seabrook, Texas, 30 minutes southeast of Houston. The acquisition adds 240 units to the Lloyd Jones portfolio of approximately 4,000 units spread over Texas, Florida, and the Southeast. Says Chris Finlay, chairman/CEO of Lloyd Jones Capital , “This is a well-maintained, core-plus property that we intend to hold for several years. We expect it to provide a steady, long- term cash flow for our investors.” Built in 2003, the property offers one-, two-, and three- bedroom apartments ; garages; and a modern, updated club...

Suspicious person, two people in alley, both tried to walk away, male stated he was trying to find cigarettes on the ground then going home, Alex. Suspicious vehicle, comp states there is a tan truck with a topper by the cul-de-sac and has been there for two months, Garfield. Theft, theft of a boat motor, Alex. Harassment, caller says that her ex-husband is calling her and won't leave her alone, has been drinking heavily and she is nervous about what he might do, Alex. Harassment, receiving several text messages from a male that she doesn't know, Alex. Suspicious vehicle, vehicle unoccupied , Alex. 911 hangup, comp called screaming , she then hung up, called back, person one tossed the house according to comp, person one went home for the night, Evansville. Saturday, August 12 Suspicious vehicle, out with vehicle on the side of the road, Alex. Suspicious vehicle, Evansville city maintenance reporting green Ford Expedition unoccupied , there is a purse and a gun case inside the...

Offices, a grocery store and “micro-condominiums” might soon rise out of the ground on a prime piece of land in West Palm Beach west of Northwood Village. These are the first projects that Boca Raton-developer Mario Caprini wants to build as part of an ambitious $70 million complex dubbed Northwood Common s, on a 3.5- acre parcel owned by the West Palm Beach Community Redevelopment Agency . Can Caprini get the job done? His company’s website lists his prior development work in Canada and Ohio, including 1,000 residential units, 5 million square feet of industrial parks and “hundreds of thousands” of square feet of office, retail and medical buildings. In South Florida, Caprini recently completed construction of a “green” home in Pompano Beach at 4620 N.W. 18th Ave. The project, dubbed Modernista, was recognized by the mayor of Pompano Beach in March and won a national award in February from the Structural Insulated Panel Association , earning first place in the affordable housing...

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Captain's Mast The following is from the journals of the Seward Police Department . Those who have been arrested or summoned are presumed innocent until found guilty in a court of law. Aug. 9 0121 - The night auditor from the Hotel Seward reported AK/LIC JDV548 with its lights on across the street and wanted to make sure that the vehicle owner was not having a problem. Officer found no one in the car. 0131 - RP reported that subject died at Fifth Avenue. Officer responded and notified the Medical Examiner as there was not a comfort one or advanced directive in place. The medical examiner released the body to the family. Aug. 12 1604 - RP found a wallet containing debit cards, from different people, a social security card and a driver’s license near the Chamber of Commerce. Debit cards belonging to a previous case were logged into that case. 1604 - Items found belonging to a previous lost and found case were logged into safe keeping under that case. 1622 - RP reported subject s...

There’s been a lot happening this month.  I don’t have any great plans of action as to the way forward, but I have some knowledge of the background, in terms of how we got here, that seem worth sharing.  Basically I just need to process, and thought I’d do that out loud.  So here are a few reflections on the events of August, 2017, that may be intimately related to one another. Note:  any links that appear below will take you to songs on the subject, mostly written in the past few weeks… *     *     * The Spanish Civil War has been discussed in the media more in the past few weeks than I can remember in my lifetime.  The media has said more nice things about anarchists in the past few weeks than ever in my lifetime as well, and I’m pretty sure they have covered protests more lately than at any time since 1970 or so. At the beginning of the month I wrote a song, “Rojava,” after getting encrypted messages from the front lines of the war against Islamic State in Syria, sent by an anarchi...

RIVERVIEW — A new luxury apartment community has opened in the Progress Village area touting itself as a distinct living option just 10 miles from downtown Tampa. Alta at Magnolia Park is a 292-unit complex that is already approximately half full . Monica Briant, the senior residential manager , said most residents have migrated here for work as teachers, healthcare workers , bankers and insurance agents or for military service at MacDill Air Force Base . She said many of them are drawn to the creature comforts at Alta. "The floor plans are very different to the market," said Briant. "We offer a foyer entry so you are not walking right into your living room. That doesn't create a sense of home." Located at 9104 Canopy Oak Lane , Alta at Magnolia Park features granite counter tops and stainless appliances, sport court and a pet spa for bathing, grooming, drying your pet, four electric outdoor kitchens for the grillers out there and a salt water pool . Wash...