Apartment Choice

August 28, 2017 10:03 AM ET Equity Real Estate Investment Trusts (REITs) Company Overview Landmark Apartment Trust of America, Inc. is an independent real estate investment trust . The firm invests in the real estate markets of the United States. It is primarily engaged in ownership, acquisition, management, and disposition of multifamily apartment communities . The firm was previously known as Apartment Trust of America, Inc. Landmark Apartment Trust of America, Inc. was founded on December 21, 2005 and is based in Tampa, Florida with an additional office in Richmond, Virginia. 3505 East Frontage Road Suite 150 Tampa, FL 33607 United States Founded in 2005 768 Employees Key Executives for Landmark Apartment Trust, Inc. Chief Executive Officer and Director Chief Financial Officer Chief Operating Officer Chief Investment Officer , and Senior Managing Director Executive Vice President and Chief Operating Officer Compensation as...

August 28, 2017 11:28 AM ET Company Overview of California Apartment Association Name Board Relationships Title Age Tom Bannon No Relationships Chief Executive Officer -- Greg Terzakis No Relationships Executive Director -- California Apartment Association Board Members* Name Board Relationships Primary Company Age There is no Board Members data available. California Apartment Association Executive Committees* Committee Name Chairperson Board Relationships Members There is no committee data available. *Data is at least as current as the most recent Definitive Proxy . The information and data displayed in this profile are created and managed by S&P Global Market Intelligence , a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here. Stock Quotes Market data is delayed at least 15 minutes. CEO COMPENSATION IN THIS INDUSTRY     Industry Range...

Shaftesbury PLC Strategic addition to Soho ownership Shaftesbury PLC, the Real Estate Investment Trust which owns a 14½ acre portfolio in London's West End, announces that it has entered in to a contract with PMB Holdings Limited to acquire a long-leasehold interest in 90-104 Berwick Street, Soho, London W1 at a price of £38.5 million. Located at the southern end of Berwick Street, the property is currently being redeveloped to provide 12,500 sq. ft of retail, a 5,500 sq. ft. supermarket, a 2,000 sq. ft. restaurant and a 110 bedroom hotel. Both the hotel and supermarket have been pre-let. The redevelopment is expected to complete in late 2018, which will, subject to satisfying various contractual conditions, trigger the completion of the acquisition. Commenting on the transaction, Brian Bickell, Chief Executive of Shaftesbury, commented: 'We are pleased to have secured this strategic acquisition , which materially increases our ownership of Berwick Street frontages to 50%....

Damien Bash owns a four-bedroom home, built in 1898, in Philadelphia's historic Germantown section . It features intricate stonework , hardwood floors and 19th century architectural details . Bash is offering the place to visitors attending Pope Francis ' first U.S. visit — for the weeklong World Meeting of Families gathering in downtown Philadelphia in September. His asking price? $15,000 for the week, or $2,142 a night for seven nights. How did he arrive at that figure? "I saw what everybody else was asking," he said. Opportunism seems to have gripped the Philadelphia area, where some residents are asking up to $30,000 a week to rent their homes and apartments to papal visitors. Through ads on Craigslist and Airbnb, they're betting that 1.5 million to 2 million people flooding a city of 1.5 million will produce a lucrative real-estate payday. I'm not being greedy -- I'll listen to anyone who offers me a price that's affordable for them. — Jackie S...

CHAPEL HILL A property management company has cut the rent at two apartment complexes to give public employees an affordable way to live in town. Chapel Hill - based Eller Capital Partners is reducing the rent for newly renovated apartments at Midtown 501 – formerly Foxcroft Apartments near Erwin Road and U.S. 15-501 – and 86 North – formerly Timberlyne Apartments near Weaver Dairy Road . The offer, which also waives application and administration fees, is available to thousands of employees who now commute from surrounding counties to work for the town of Chapel Hill , the town of Carrboro, UNC and UNC Health Care , and other state agencies. It could save them a few thousand dollars a year, said Daniel Eller, president and chief executive officer of Eller Residential, a division of Eller Capital Partners . The rent would be $645 a month for a one- bedroom apartment at 86 North – reduced from $795 – and $895 a month for two bedrooms – reduced from $1,095. That would be affordab...

Lisa Eckelbecker Telegram & Gazette Staff @LisaEckelbecker WORCESTER – The company building 365 luxury apartments downtown plans to spend about $90 million on the development and thinks Worcester is ripe for such construction. Nearby highways, bus transportation, commuter rail lines and employment opportunities make the area perfect for development, and no one else is building the kind of high- end housing units that Mack- Cali Realty Corp . of Edison, New Jersey, is constructing, Ivan M. Baron, the company’s chief legal officer said Wednesday. “We’re providing a niche that we think we can fill,” Mr. Baron said. He spoke after a celebration that drew Worcester politicians , government workers and business people to the CitySquare neighborhood between City Hall and Union Station for a ceremonial groundbreaking. Some said the rise in private investment in Worcester development provides the opportunity to connect the city’s neighborhoods, attract residents and change...

INDUSTRY GE delays opening of new building in Fort Point General Electric Co. has pushed back the expected opening of its new building overlooking Fort Point Channel by two years after deciding to break the headquarters project into two phases. GE vice president Ann Klee said in a memo Tuesday to Boston employees that executives expect the 12- story building , dubbed South Point , to open in mid-2021, compared with an earlier goal of 2019. Two older brick buildings , together dubbed North Point , will be renovated first, with the aim of opening them in the first half of 2019. GE has already started work on the two old buildings, originally part of a Necco candy manufacturing complex . But construction on the new building was supposed to happen concurrently with much of the Necco renovations. Now, GE will finish the Necco buildings and move employees into them before starting construction of the new building. GE expects it will take 24 months to complete the new structure. The ann...

RICHMOND, Va.--( BUSINESS WIRE )-- Landmark Apartment Trust , Inc. (“Landmark” or the “Company”), a multifamily real estate investment trust with assets located in select metropolitan areas throughout the Southern United States , announced today that it has entered into a definitive merger agreement (the “Merger Agreement”) pursuant to which it will be acquired by Monument Partners, L.L.C. (“Monument”), an entity owned by affiliates of Starwood Capital Group and Milestone Apartments Real Estate Investment Trust (TSX: MST.UN) (“Milestone”), in an all- cash transaction valued at approximately $1.9 billion, including the assumption of existing debt. Upon completion of the transaction, Landmark will become a privately held company. Pursuant to the terms of the Merger Agreement, Monument will acquire all of the outstanding common stock of Landmark and all of the outstanding common units of Landmark’s operating partnership, Landmark Apartment Trust Holdings, LP, for $8.17 per share or...

CHARLESTON, SC (WCSC) - Authorities have identified the suspected gunman in a fatal Charleston restaurant shooting and his victim. Thomas Demetrius Burns , 53, of Charleston, is the man police say opened fire at Virginia's on King Thursday afternoon , according to Charleston Police spokesman Charles Francis . Burns was shot by Charleston Police after a hostage standoff, according to Interim Police Chief Jerome Taylor . Burns was transported to MUSC for treatment and was listed in critical condition Thursday afternoon . There have been no updates on Burns's condition since then. The restaurant's executive chef, 37-year-old Anthony Shane Whiddon , of Goose Creek, died after being shot. Whiddon was the executive chef at Virginia's on King Street where the incident took place. He leaves behind a wife and two children. The restaurant's owners released a statement Friday saying they were "deeply saddened and heartbroken" by the shooting and calling Whiddon ...

Fort Lauderdale 's River Bend Marine Center , which offers boat repair and other services, is getting a $5 million upgrade. The project, including new electricity distribution, new floating docks and other improvements, is set to start in February and take up to eight months to complete. The center's offices and retail shop will remain open, but repairs will completed at nearby marine facilities during the upgrade, said Roger Moore, chief executive of Nautical Ventures Group , which operates the center at 1515 SW 20 t h Street on Marina Mile. "Our landlord decided the 45-year-old marina really needs a face-lift," said Moore, whose company took over the facility two years ago and employs about 40 people there. The modernization comes at time when the boat repair business is growing and changing. River Bend started out in the 1970s handling mostly sailboats and now works mainly on large yachts. Large power boats need more electricity on their docks, Moore said. Fo...

Lews Castle, on the Isle of Lewis, is the latest property to join Luxury Scotland ’s group of the finest Scottish hotels and travel destinations. Overlooking Stornoway Harbour on the Isle of Lewis, Lews Castle was built during the 19th century by Sir James Matheson . Today the castle offers provides a stunning location for weddings, corporate retreats and celebrations - the perfect location for anyone wanting a spectacular Scottish island getaway in a grand and historic setting. Lews Castle opened for business in 2017 after a multi-million restoration. The castle has a total of 23 bedrooms in a flexible configuration of individual suites providing apartments with one to three bedrooms. The apartments feature spacious living area , kitchen and dining areas complete with free WiFi, flat screen televisions , luxury toiletries and high quality linen and towels. The self- catering accommodation reflects a luxurious blend of classic and contemporary and include all the mo...

RICHMOND, VA - Landmark Apartment Trust , a multifamily real estate investment trust with assets located in select metropolitan areas throughout the Southern United States , announced that it has entered into a definitive merger agreement pursuant to which it will be acquired by Monument Partners, an entity owned by affiliates of Starwood Capital Group and Milestone Apartments Real Estate Investment Trust , in an all- cash transaction valued at approximately $1.9 billion, including the assumption of existing debt. Upon completion of the transaction, Landmark will become a privately held company .Pursuant to the terms of the Merger Agreement , Monument will acquire all of the outstanding common stock of Landmark and all of the outstanding common units of Landmark’s operating partnership, Landmark Apartment Trust Holdings , LP, for $8.17 per share or common unit in an all- cash transaction . Payment of the per share and per common unit consideration is net of all transaction expe...

Grassroots efforts to establish rent control in more California cities could get a boost from the California Apartment Association ’s decision to abandon its lawsuits seeking to overturn voter-approved rent-control laws in Richmond and Mountain View. The association, which represents landlords, posted on its website late Friday that it has “suspended its legal efforts” to overturn Measure V in Mountain View and Measure L in Richmond. “I hope it emboldens other communities to not be chilled by threats of lawsuits,” said Juliet Brodie, a Stanford Law School professor who helped draft Measure V. Judges in Santa Clara and Contra Costa counties had previously ruled against the association’s motions for preliminary injunctions seeking to halt implementation of the measures approved by each city’s voters in November. A full hearing on the merits of the case in Richmond had been scheduled for May 24; that is now canceled. The association claimed, and still believes, that the laws cons...