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Cheesman Park apt. property sells for $6.75 million

Botnick Realty is boosting its presence in Cheesman Park. The firm paid $6.75 million for 1295 Race St. in Denver, also known as the Campbell Stone Memorial Residences , an income- and age-restricted community – located across the street from its Metropolitan Apartments, a mixed-age and -income property. Botnick Realty plans to continue to operate the building for the foreseeable future as housing for low-income seniors, noted Craig Stack of Colliers International Multifamily Advisory Group . “There was a lot of initial interest in the property,” said Stack, noting that due to the low-income and age-restricted nature of the community to individuals 55 and up earning 60 percent of area median income , it drew fewer bids than a market-rate property but still saw 16 offers. The community has been well maintained, included upgraded windows and underwent a number of additional capital improvements over the last 10 years, added Stack. The buyer is expected to make modest upgrades on t...

Canada’s brand new apartment buildings

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Today’s generation of new apartment buildings looks nothing like its dated predecessors. Built to emulate high-end condominiums but with the services and amenities of upscale hotels, these extraordinary vertical communities boast beautiful designs and common spaces to die for. Here’s a look at some of the new, state-of-the art apartments emerging in cities all across Canada and a list of their featured amenities. From East to West and top to bottom, apartment living today is anything but bland. The Alexander Location: Halifax Owner/Manager: Killam Apartment REIT Opening: October 2017 At 22 storeys, The Alexander is a brand new residential development located on Lower Water Street in downtown Halifax. A blend of  modern and historic with its ironstone base and a soaring glass tower , The Alexander will provide residents with convenient access to the popular Brewery Market Square where on- site retailers abound . Building amenities include : a spacious 800+ square foot lobby; a...

Waterton Purchases Apartment Community in Metro DC for $144M

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bedroom floor plans and features a swimming pool, grilling stations, courtyard areas, clubhouse, fitness center and a racquetball court." /> The Citizen at Shirlington includes one- to three- bedroom floor plans and features a swimming pool, grilling stations, courtyard areas, clubhouse, fitness center and a racquetball court. ARLINGTON, VA. — Waterton has acquired Windsor at Shirlington Village, a 404- unit multifamily community located within The Village at Shirlington, a transit-oriented neighborhood in Arlington, roughly five miles southwest of Washington, D.C. The sales price was not disclosed, but the Washington Business Journal reports the Chicago- based real estate owner and operator acquired the asset for $144 million. Constructed in 1992, the property will be rebranded as The Citizen at Shirlington Village and will undergo capital improvements including the upgrade of unit interiors , renovation of the fitness center and community room and enhancement of outdoor...

• Carriage Hill Apartments • Montgomery • Alabama •

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Carriage Hill Apartments Carriage Hill - beautiful new luxury home rental community in Charlottesville, Virginia, offering 1 to 3 bedroom apartments , clubhouse, putting green, weight room ...  Richmond Apartments | Carriage Hill Apartments Richmond , VA 23228 Richmond apartments ; to learn more about apartments for rent from Carriage Hill Apartments in Richmond, Virginia visit our website today.  Carriage Hill Apartments - Thornton, Colorado Carriage Hill offers clean, affordable one- and two- bedroom apartments in Thornton, Colorado. Conveniently located near schools, shooping, and I-25.  Carriage Hill Apartments For Rent in Randallstown, Maryland ... Carriage Hill in Randallstown, MD - Apartments For Rent - Come visit our 1 bedroom, 2 bedroom and 3 bedroom apartment homes . We are close to Northwest Hospital, UMBC ...  Carriage Hill Apartments for Rent in Plymouth Meeting, PA Carriage Hill Apartments 2098 Butler Pike - Plymouth Meeting, PA 19462 610-834-2064 - C...

Waters Edge Apartments latest addition in Penfield

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CLOSE Perched on the south end of Irondequoit Bay, Waters Edge at Southpoint Cove, 1100 Anchor Line Dr . off Empire Boulevard, is in Penfield. (June 29, 2016) Video by Mary Chao. Video by Mary Chao. Buy Photo Waters Edge at Southpoint Cove is in Penfield off Empire Boulevard. (Photo: TINA MACINTYRE-YEE/@tyee23/staff photographer) Buy Photo The developer of the region's latest waterfront housing development is altering its plans. Instead of a combination of apartments and condominium units for sale, Waters Edge at Southpoint Cove at 1100 Anchor Line Dr . off Empire Boulevard in Penfield will be built only as apartments, said David Spoleta, who works for Morgan Community. Buy Photo   (Photo: TINA MACINTYRE-YEE /@tyee23/staff photographer) Apartment rentals has exceeded expectations, with 137 of the 157 units already leased since they became available last summer, said Spoleta, manager at Waters Edge. A decision was made to change plans for the building of 26 condominium units into ...

Timber Ridge Apartments has all the room you need and more

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  Timber Ridge Apartments offer some of the largest apartment homes in Westlake. All are spacious two-bedroom and two-bathroom designs with up to 1,200 square feet of carefully planned living space . They rival condominiums in size, yet are a nice alternative for those who don’t want to be tied down by homeownership. The buildings and grounds are meticulously maintained and professionally managed to ensure resident satisfaction . Timber Ridge residents enjoy quick access to Interstates 90, 480, and 71. Major shopping centers , including Crocker Park and Great Northern Mall, are nearby. The Cleveland Metroparks and Lake Erie offer many recreational opportunities. Step Inside Residents are impressed with the open feel and exciting room-to-room flow of Timber Ridge suites . The garden- style homes feature all of the expansive living area on one floor. Suite interiors are highly detailed, and there’s abundant closet space , ceramic baths, central air conditioning, decorator blinds...

HFF Tapped to Market Pennsylvania Residential Asset

HFF has been named to market the disposition of Brandywine Hundred Apartments , a 301-unit community in the historic Brandywine Hundred neighborhood of northern Wilmington, Del. HFF’s Senior Managing Directors Mark Thomson and Jose Cruz, along with Associate Director Carl Fiebig are representing the seller, a joint venture between CenterSquare Investment Management and Korman Residential . Located at 400 Foulk Road, the property encompassing two buildings is located on a 10.7-acre parcel. The community’s unit mix consists of one-, two-, three- bedroom floor plans and studios ranging in size from 660 to 2,600 square feet. Property amenities include a fitness center, community room, swimming pool, tennis court, business center and 470 parking spaces. The asset is undergoing a renovation program, with 49 apartments refurbished so far. The upgrades have generated an average monthly premium of $155 per unit. Brandywine Hundred Apartments is located less than one mile from key employ...

Meet the colourful residents of Sydney's 'suicide towers'

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One resident narrowly escaped a mass murderer, another prefers parrots over people for company and a third is a a retired conman who just wants to be left alone to enjoy some of the best inner-city views in Sydney. Welcome to Northcott towers, Sydney's most notorious housing commission complex tucked away in what has become one of Australia's trendiest and most exclusive suburbs. About 1,200 residents pay as little as $80 a week for one- or two-bedroom units in the 14-story buildings in Surry Hills, just a stone's throw from the CBD where average rents for a two- bedroom home run to more than $900 a week. Known as the 'suicide towers,' the complex is Australia’s largest single block of public housing units and has a notorious reputation involving with drug abuse, mental health and unemployment. Invited by members of the tight-knit community of residents, Daily Mail Australia spent a day in the towers to 'meet the family' and explore the colourful neig...