Apartments

Peak Management joins its Maryland apartment portfolio with $ 38 million acquisition – Commercial Observer

Peak management acquired Windsor Commons Apartments, an 189-unit garden-style apartment community in Milford Mill, Md., for $ 38.25 million. Peak Management is an affiliate of Timonium, Maryland. Hill management services. Seller, The Kamson company, originally acquired Windsor Commons three years ago for $ 27.5 million. “We believe in the strength …

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Machon apartments to open in Swampscott next month

You have 2 free items left this month. SWAMPSCOTT – The first residents will start moving into the senior apartments at the former Machon Primary School from July 1. A community celebration will be held from 2 p.m. to 3:30 p.m. Sunday at Jackson Field behind the building to celebrate …

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Greenfield Highlands apartments sold for $ 40 million

Greenfield Highlands Apartments. Photo: Realtor.com The apartments in Greenfield Highlands were sold for $ 40 million, according to state records. Greenfield Highlands is a six-building, 180-unit apartment community located along South 110th Street, south of West Cold Spring Road in Greenfield.… the Greenfield Highlands apartments were sold for $ 40 …

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Florida investor takes Richardson apartment community

Sales Florida-based real estate investment company ZMR Capital purchased Chimney Hill, a 240 unit apartment community at 9637 Forest Lane in Richardson. ZMR plans to upgrade the 11 two-story residential apartment buildings. Since entering the Dallas market in 2019, ZMR has acquired approximately 1,100 rental units. Brian Eisendrath of CBRE …

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Apartments planned for the Olivette mixed-use project

The developers plan to launch the apartment project this fall, saying they expect the facility to go live in spring 2023. ST. LOUIS – The developers behind a 15 acre mixed-use development in Olivette are adding apartments to their project. St. Louis-based developers KDG and KEAT Properties said Tuesday they …

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Lynd buys apartments in Miami Gardens for $ 40 million

A. David Lynd, CEO of Lynd and Constantine Scurtis, President of the Lynd Acquisition Group, with Parc Place Apartments at 17600 Northwest Fifth Avenue in Miami Gardens (Parc Place) Lynd bought an apartment complex in Miami Gardens for $ 40.1 million, marking the group’s second multi-family purchase in South Florida …

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Man from La Grange shot dead in apartment complex

LA GRANGE, Texas (KXAN) – La Grange Police and Texas Rangers are looking for the suspect in a deadly weekend shootout. La Grange Police Chief David Gilbreath said David Wayne Harrison, Jr., 40, was shot and killed at the River Valley Apartments on Sunday between 11:30 p.m. and midnight. Harrison, …

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Marketing apartments in a post-pandemic world

Image by Tumisu via Pixabay Despite changing rental models and falling rental rates in primary markets, the occupancy rate in the affordable sector has remained consistently high since the onset of the health crisis. “The demand for affordable housing is not keeping pace with the larger economic market – if …

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Victorian villa to transform into apartments

The project to transform a Victorian villa into 21 ‘senior citizen’ apartments has been given the green light. Beverley House in Shipton Road near Homestead Park will be converted into apartments for people aged 55 and over – with later additions to the demolished site to make way for three …

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Three people injured in Creston apartment explosion and fire

The Creston Fire Department has confirmed that an explosion caused a building fire. Firefighters were called to 122 Manor Drive around 9 a.m. Friday. Authorities confirmed that there were no fatalities, but three people were injured. Two of the injured were airlifted to a local hospital. The Creston Fire Department’s …

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Mazza Gallerie will be redeveloped into apartments

Developer Tishman Speyer has acquired Mazza Gallerie, the now largely empty Friendship Heights mall in Washington, and will be redeveloping it into apartments, though it looks like it will retain much of the retail as well. Developer Tishman Speyer has acquired Mazza Gallerie, Washington’s largely empty Friendship Heights mall, and …

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Palatine accidentally unloaded AR-15 in neighbor’s apartment

A Palatine faces a misdemeanor charge after police say he accidentally discharged a bullet at his upstairs neighbor’s apartment while cleaning his AR-15 rifle on Sunday night. Jordan A. Johnson, 32, of Panorama Drive’s 800 block, is charged with one count of reckless driving misdemeanor Cmdr Palatine Police. David Brandwein …

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Big fire destroys apartment building in Nashville

NASHVILLE, Tennessee (WTVF) – A large fire has destroyed an apartment building at Brentwood Oaks Apartments in the Nippers Corner neighborhood of Nashville. The 2-alarm fire was so large it could be seen from Interstate 65. Several crews responded to the scene around 8 p.m. Monday. NFD spokesman Joseph Pleasant …

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Rancho Bernardo family displaced by apartment fire

A family of three was moved from their Rancho Bernardo home following a residential fire Monday afternoon. San Diego Fire Battalion Chief Chuck Adams said the fire at 17915 Caminito Pinero in Unit 267 was reported at 1:23 p.m. and took about 10 to 15 minutes to extinguish. He said …

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Brewington Oaks Apartments near demolition

ROCKFORD, Ill. (WTVO) – A Rockford apartment complex that once housed area seniors will be demolished. The demo will cost around $ 1.5 million. Brewington Oaks apartments approved for demolition after years of debate The Rockford Housing Authority is preparing for the upcoming demolition of the Brewington Oaks Apartments. On …

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3 injured as fire tears the Modesto building

Three people were injured jumping from second-story windows and balconies when the fire quickly spread through eight units of an apartment complex early Monday, according to the Modesto Fire Department. The three men taken by American Medical Response to hospitals sustained minor to moderate injuries, battalion commander Darin Jesberg said. …

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Flood waters damage building and several cars in Shadyside

Flood waters in Pittsburgh’s Shadyside neighborhood damaged apartment buildings and left a driver stranded in high water Monday. Andrew Valinsky is a property manager and said: “The damage is just terrible. . It happens everywhere. The owner of this building, Howard Valinksy, said when heavy rains fell near Holden Street …

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Fire destroys Brewster apartment complex

BREWSTER – Eight people were displaced on Monday morning after a fire ravaged an apartment complex. Brewster Deputy Fire Chief Jen Mohler said firefighters were called just after 6 a.m. to the three-unit apartment building at 151, 153 and 159 Second St. SE. Mohler said the fire appears to have …

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