Apartment City

Dhan Subedi flipped through sheets of apartment listings on Thursday, 15 days before the deadline for her four-person household to vacate Glenbrook Apartments . She’d circled and called the most affordable units in Boise. The earliest one would be available was Oct. 15, nearly a week after her deadline to leave a one-bedroom, $575-a-month apartment. Her 13-month-old son, Kaden, rolled around the floor at the feet of her mother, Mina Subedi. The families of both Dhan and her husband, Prem Subba, are Bhutanese, though Dhan was born during her family’s two-decade stay at a refugee camp in Nepal. Subba’s was one of thousands of Nepalese- speaking families evicted from the country. Located at the corner of South Curtis Road and Cassia Street, the family’s sparse Glenbrook unit is close to the Boise Airport, where Subba works, and State Street, where Subedi works at a market. It’s also close to the former Boise International Market , where the couple owned the Bhutanese and Nepali grocery...

Photo: Contributed Photo / Contributed Photo Image 1 of / 3 Caption Close Image 1 of 3 Zion Lutheran Church at 128 Glenbrook Road in Stamford, Conn. is on the market for $3,176,000. The church's congregation plans to sell the building to another religious group or developer who would keep the church intact. less Zion Lutheran Church at 128 Glenbrook Road in Stamford, Conn. is on the market for $3,176,000. The church's congregation plans to sell the building to another religious group or developer who would keep the ... more Photo: Contributed Photo / Contributed Photo Image 2 of 3 Zion Lutheran Church at 128 Glenbrook Road in Stamford, Conn. is on the market for $3,176,000. The church's congregation plans to sell the building to another religious group or developer who would keep the church intact. less Zion Lutheran Church at 128 Glenbrook Road in Stamford, Conn. is on the market for $3,176,000. The church's congregation plans to sell the building to another re...

Providence Place Apartments rendering by SGN+A. HUNTSVILLE, Alabama -- Developers are breaking ground or already at work on several major apartment projects this year across the Huntsville area. The construction activity isn 't surprising to David Wilson, who tracks dozens of apartment complexes with 60 or more units in the local market. "We've had few new construction starts the last few years," he said. "Things are ramping up after a lull." It helps that the Huntsville area has one of the healthier economies in the state and region, Wilson said. Only 86 apartments were added to the local market in 2011, according to Wilson, a sales agent with Birmingham- based Rock Apartment Advisors and president of The David Wilson Co. in Huntsville. In 2010, 644 apartment units were delivered. Site preparation work started earlier this year at the site of Providence Place Apartments at the northeast corner of Providence Main Street and Biltmore Drive in west Hunts...

A popular inner- city Melbourne pub , the East Brunswick Hotel , has hit the market. The Lygon Street watering hole is set be auctioned with vacant possession and is expected to fetch more than $3.5 million. The freehold of the hotel will be sold without a functioning business as the venue was shut about two months ago, sale agents CBRE said. The pub, on the corner of Lygon and Albert streets, lies in the middle of an apartment construction zone , with multiple residential buildings replacing former commercial sites along the popular street . The three-storey hotel has had a full renovation and features ground floor drinking and dining areas, a basement and upstairs function room and 12 accommodation rooms fitted with ensuites. CBRE's Scott Callow said it was unlikely the hotel would succumb to the fate of many other Melbourne pubs where developers have snapped up historic sites intent on razing them and replacing them with apartments. Few working pubs have hit the market la...

chief investment officer , Allied Orion; Stacy Hunt, executive director, Greystar; Jenifer Paneral, regional vice president , Pinnacle; John Hammond, CEO, Riverway Title." /> From left to right: Gary Goodman, SVP of acquisitions, Passco Cos.; Ricardo Rivas, chief investment officer , Allied Orion; Stacy Hunt, executive director, Greystar; Jenifer Paneral, regional vice president , Pinnacle; John Hammond, CEO, Riverway Title. HOUSTON — While it’s not an ideal time to be a multifamily property owner in Houston, it is a good time to be working on behalf of one. With their clients sitting on excess supply, apartment locators — middlemen who match tenant preferences to properties — are being increasingly called upon to deliver tenants. Locators work on commission, typically earning about 20 percent of the first month’s rent for their services. But in Houston’s soft market, that figure is rapidly rising. Ricardo Rivas, chief investment officer at Allied Orion Group and one of sev...

I n the late afternoon of March 14 in the Toronto suburb of Woodbridge , a masked gunman jumped out of the passenger side of a black Jeep Cherokee , darted across a snow- dusted parking lot and unleashed a flurry of bullets into a black BMW. Thirty seconds later, he was back in the car, leaving Saverio Serrano – the son of a notorious Canadian Mafia figure and cocaine importer – wounded, and Mr. Serrano's 28-year-old girlfriend dead. Two weeks later, in the west end of Toronto, an SUV rolled into the driveway of a bungalow at the end of a suburban cul-de-sac around 2:30 a.m. As 53-year-old Antonio Sergi , a beefy, cigar-chomping showman known in Mafia circles as "Tony Large" or "T Large," got out of the car and lumbered toward the front door, he was shot in the head and killed, execution style. Convicted drug trafficker Diego Serrano , 69 is pictured in a police surveillance photo from Project OPHOENIX." class="article-media-photo__content_...

Amazon’s extraordinary growth has turned Seattle into the biggest company town in America. Amazon now occupies a mind-boggling 19 percent of all prime office space in the city, the most for any employer in a major U.S. city, according to a new analysis conducted for The Seattle Times. Amazon’s footprint in Seattle is more than twice as large as any other company in any other big U.S. city, and the e-commerce giant’s expansion here is just getting started. The swarms of 20-somethings crowding into South Lake Union every morning represent an urban campus that is unparalleled in the United States — and they have helped transform Seattle , for better or worse. Amazon’s rapid rise has fueled an economy that has driven up wages and lowered unemployment, but also produced gridlock on the roads and sky- high housing prices . And while Seattle’s booming economy is often attributed to a wide variety of factors, increasingly, it’s all about one company. Amazon now occupies more office space t...

The Howard Hughes Corporation (NYSE:HHC) Q2 2017 Earnings Conference Call August 8, 2017, 10:00 AM ET Executives David Striph - Executive Vice President , Investor Relations David Weinreb - Chief Executive Officer Grant Herlitz - President David O’Reilly - Chief Financial Officer Peter Riley - General Counsel Analysts Alexander Goldfarb - Sandler O’Neill Robert Majek - CJS Securities Will Randall - Citigroup Waheed Khorsand - BWS Financial Alex Barron - Housing Research Center Steve Shaw - Compass Point Operator Good morning. And welcome to The Howard Hughes Corporation Second Quarter 2017 Earnings Conference Call . All participants will be in a listen-only mode. [ Operator Instructions ] After today’s presentation, there will be an opportunity to ask questions. [ Operator Instructions ] Please note, this event is being recorded. I would now like to turn the conference over to David Striph, Executive Vice President , Investor Relations . Please go ahead. David Striph Good morning. A...