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Walker & Dunlop Provides $27.4M for Military Communities in Washington

Tacoma, Wash.—Walker & Dunlop has provided $27.4 million in financing for three multifamily properties near Joint Base Lewis McChord in Washington. The assets are comprised of 384 units with military concentrations ranging from approximately 20 to more than 60 percent. Walker & Dunlop Senior Vice President Allan Edelson led the Walker & Dunlop team on the transactions. Financing for Miramonte Apartments, located in Tacoma, Wash., was structured with a 10-year term with three-years interest only followed by a 30- year amortization period under Freddie Mac’s Capital Markets Execution (CME) program. The refinance was underwritten to a 74.67 percent loan-to-value with a 1.37x debt- service coverage ratio . Miramonte is located approximately three miles from the base and offers 120 units, approximately 20 percent of which are military-related and 8 percent of the units receive a form of government assistance. The Fannie Mae refinance for Arbor Pointe Apartments , located ...

FOREST COVE APARTMENTS LLC v. WILSON

Court of Appeals of Georgia. FOREST COVE APARTMENTS , LLC et al. v. WILSON. No. A15A0799.     Decided: August 21, 2015 Following the grant of their application for interlocutory appeal, Forest Cove Apartments , LLC and American Apartment Management Company (collectively, the “defendants”) appeal the trial court's order denying their motion for summary judgment in this premises liability action brought by Teresa R. Wilson after she fell from an upstairs bathroom while performing independent contractor work for the defendants at an apartment complex. Because the uncontroverted evidence of record shows that Wilson had equal knowledge of the dangerous condition that caused her fall, we must reverse the trial court's denial of summary judgment to the defendants. On appeal from the denial of summary judgment[,] the appellate court is to conduct a de novo review of the evidence to determine whether there exists a genuine issue of material fact, and whether the undisputed facts, v...

UB to Dedicate Creekside Village Student Apartment Complex

BUFFALO, N.Y. - The grand opening of Creekside Village , the University at Buffalo's newest student housing complex , will be held at 10 a.m. Aug. 22 in the community building of the complex on Skinnersville Road on the UB North (Amherst) Campus. The fifth apartment-style complex to be built for student housing by UB in five years at no cost to New York State taxpayers , Creekside Village will open this month for graduate and professional students, including married students . The five projects have provided fully furnished apartments for 2,170 students that did not exist five years ago. The $ 11 million Creekside Village project , sponsored by the University at Buffalo Foundation and UB Alumni Association , is comprised of 13 two- story buildings featuring 102 two-bedroom townhouse units and 14 two-bedroom ranch-style units for a total designed occupancy of 232. Seven of the buildings are located along the west side of Bizer Creak on the northern edge of the North Campus near ...

• Aspen Creek Apartments • Englewood • Colorado •

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Aspen Creek Apartments - "Always More For Less" Aspen Creek Apartments offers excellent and affordable apartment living . Our apartments are larger than most of our competitors with up to 1366 square feet-larger ...  Aspen Creek Apartments Come home to Aspen Creek Apartment Homes in Kirkland, WA. You'll find a peaceful and relaxing town home community wrapped in lush landscaping convenient to I-405 ...  Aspen Creek Apartments - Pricing 1 Bed/1 Bath Special-$480 762 Sq.Ft.1 Bed/1. 5 Bath Special -$490 816 Sq.Ft.2 Bed/1.5 Bath ...  Aspen Creek Apartments , Puyallup WA 98374 Aspen Creek Apartments is located in Puyallup, WA. Welsome home to Aspen Creek, Puyallup's premiere gated community ! Everything you need to make your home is right ...  Aspen Creek Apartments Ratings , Reviews, Map, Rents, and other ... Ratings & reviews of Aspen Creek Apartments in Kirkland, WA. Find the best- rated Kirkland apartments for rent near Aspen Creek Apartments at...

Families displaced after storm damages two Glendale apartments

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Residents of two Glendale apartment complexes have been temporarily displaced from their homes due to flooding from Saturday’s overnight storms. Residents of two Glendale apartment complexes have been temporarily displaced from their homes due to flooding from Saturday’s overnight storms. The Greater Phoenix Chapter of the American Red Cross is assisting the families of an apartment complex located at 67th and Glendale avenues and a complex located at 63rd and Maryland avenues. There are at least 10 adults and their pets who are affected by the flooding, according to the American Red Cross . The numbers may increase. A volunteer disaster team will asses the damages at the apartments and provide emergency assistance , the American Red Cross said. © 2017 KPNX-TV

Apartment owners get $1M in tax funding despite repeat violation

NASHVILLE, TN (WSMV) - A Channel 4 I- Team investigation found the out-of-state landlord of a Nashville apartment complex earned $1,023,126 despite repeated code violations , including a caved-in ceiling and sewage leaks. Sheree McLaurin showed the Channel 4 I-Team photos of her ceiling caving in and the ripped-up kitchen floor in her apartment at the Riverchase Apartments complex in east Nashville . "It was horrible. It was horrible," McLaurin said. Danielle Nix also showed us photos of her old apartment at Riverchase, including how her ceiling was peeling apart and damage in her bathtub. "It was very deplorable conditions," Nix said. A Channel 4 I- Team investigation found the Riverchase complex received 18 code violations in the last five years. Among the violations city inspectors cited were sewage leaks, holes in the roof and a caved-in ceiling. And a city investigation is still ongoing into a suspected electrical fire in December 2013, which started w...

La Mirage Apartments Evacuated Due to Gas Leak

A natural gas leak at the La Mirage Apartments in the Grantville area prompted resident evacuations Friday morning , officials said. According to Lee Swanson with the San Diego Fire -Rescue Department (SDFD), officials were alerted to the gas leak just after 11:30 a.m. at the very large apartment complex located at 6554 Ambrosia Dr. As of 12:20 p.m., officials said approximately 160 residents had been evacuated from their homes due to the gas leak, which caused a strong, lingering odor. Swanson said the cause of the leak is under investigation, but it appears it was caused by workers who accidentally struck a gas line. SDFD Battalion Chief Dan Froelich said the 1-inch gas line was struck by a backhoe in an area of the complex that's under construction. “The gas is being released into the air and dissipating; you can hear it,” Froelich explained . “We’ve evacuated about 160 occupants from five different complexes.” Froelich said fire crews remained on scene in case any type of ...

• Regency Square Apartments • Atlanta • Georgia •

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Apartments For Rent in Yuma, Arizona | Regency Square Apartments Regency Square Apartments in Yuma, Arizona offers spacious apartments for rent. Our community is pet friendly and offers one- and two- bedroom apartments .  Apartments: Regency Square Apartments - San Jose, CA, phone ... Welcome Home To Regency Square Apartments ., phone: (866) 774-0849  Regency Square Apartments for Rent | Tampa FL Apartments on ... Regency Square Apartments Apartments in Tampa, FL - Regency Square Apartments   Regency Square Apartments Regency Square Apartments Home Page ... 1751 New Ashland City Highway Clarksville , TN 37043 Phone: (931) 647-3684 or  Regency Square Welcome home to Regency Square Apartments conveniently located between Driscoll Children's Hospital and Corpus Christi Medical Center . We are just a few blocks from ...  Regency Square Apartments Houston , TX 77036 Regency Square Apartments Houston , TX 77036. View details on Regency Square including pricing , photos,...

Creekside Apartments sold, again

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Buy Photo The new owner of Creekside Apartments , Rector resident Freedom Hobbs was on site Friday, preparing for tearing down the roof next week, he said. Hobbs will face the same deadlines as former owners Princeton Commercial B Holdings, LLC., according to Mountain Home Mayor Joe Dillard . (Photo: Josh Dooley/The Baxter Bulletin ) Buy Photo Once again, Creekside Village, an abandoned apartment complex , has a new owner, according to a warranty deed filed earlier this month in  Baxter County . The property was sold to Freedom Hobbs, of Rector, from its previous owner, Princeton Commercial B Holdings, LLC, based in Newark, Delaware. The deed was signed on Jan. 5 and filed on Monday. The document lists Quintin King, Princeton Commercial B Holdings national counsel , as the representative authorized to execute the sale on the company's behalf. The Creekside property, located at 105 S. Cardinal Drive, was sold to Hobbs for $175,000. Hobbs, the new owner, was at the Mountain Home c...

Hunter’s Ridge Becomes Elm Creek Apartments After Presidium Group Acquisition

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Formerly known as Hunter’s Ridge, the apartment complex at 2358 NW Military Highway , near Hardberger Park, has a new owner and a new name. Presidium Group , a Dallas- based real estate investment and management firm , added the community to its portfolio. A rebranding process led to its being renamed as Elm Creek Apartments . Elm Creek Apartments San Antonio" src="https://media.atre.yardi.com/2/22596/images/Elm-Creek-Apartments-San-Antonio.jpg?w=300&h=200" alt="" width="300" height="200" />The property offers 81 units in five different floor plans, including from one to four bedrooms. A $1.1 million renovation to both the interiors and the exteriors will include upgraded flooring , lighting fixtures, appliances, hardware and plumbing. Exterior work includes landscaping , exterior wall upgrades , a pool and leasing office improvements . “The location of this acquisition, coupled with the renovation and rebranding efforts, signifi...

Once homeless, young adults settle in at new apartment complex in Edina

Dozens of posters, toys and trinkets adorn Anthony Anderson 's new studio apartment in Edina. Several of the items were given to him during his stay at a Minneapolis shelter . Anderson, now 22, kept track of how long he was homeless: three years and eight months. "Most of this is just donated stuff given to me," he said. "Whatever a person gives me, I don't complain, I just take it." One item does hold special meaning — a necklace with a small cross, hanging from the wall behind his bed. "That's the last thing I have from my grandmother," he said. "I always have it hanging above me, just to help me sleep." Anderson is one of 38 young adults living at 66 West Apartments, a housing complex for young people who have been homeless. Beacon Interfaith Housing Collaborative , the developer, held a grand opening last week for the $11.4 million complex. It's the third project of its kind that Beacon has developed and is its first in the...

Trade Street Residential Acquires Aventine Apartment Complex

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Aventura, Fla.- based Trade Street Residential , an owner and operator of apartment communities located primarily in the Southeast, announced Thursday that it purchased The Aventine Greenville apartments for $42 million. The newly constructed, 346-unit Class A apartment community is located at 97 Market Point Drive , adjacent to the Millennium Campus. The apartments consist of one-, two- and three- bedroom apartment homes with full-sized kitchens, built-in microwaves, granite countertops, walk-in closets, vaulted ceilings, private balconies/sunroom options and a full-sized washer and dryer. Its amenities include a Wi-Fi Cafe, fitness facility, pet park, business center , resort-style pool with cabanas, and a pool pavilion. “This luxury property establishes our presence in Greenville, S.C., a rapidly expanding commercial center in the Southeast, and furthers our goal to modernize our portfolio,” said David Levin, president and vice chairman of Trade Street Residential . The compa...