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2525 El Camino Real Senior Apartments in Santa Clara Celebrates Groundbreaking Ceremony -- Anne Monaghan / Monaghan Communications

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Designed by KTGY Group, 2525 El Camino Real Senior Apartments , a development by ROEM Corporation , in collaboration with Pacific Housing , Inc. and the City of Santa Clara, broke ground on a new affordable apartment community for low income seniors . 2525 El Camino Real Senior Apartments in Santa Clara, CA" title=" 2525 El Camino Real Senior Apartments in Santa Clara, CA" width="154" height="87" class="im2" /> 2525 El Camino Real Senior Apartments in Santa Clara, CA June 21, 2012 - PRLog -- SANTA CLARA, CA - On Wednesday, June 20, 2012, Santa Clara broke ground on 2525 El Camino Real Senior Apartments , a development by ROEM Corporation , in collaboration with Pacific Housing , Inc. and the City of Santa Clara. The groundbreaking ceremony began at 2:00 p.m. at 2525 El Camino Real , Santa Clara, California 95050 (cross streets: El Camino Real and Buchanan Drive). " Providing affordable housing for our community is a very im...

Mike Copeland: Hurts Donut in Waco; Law firm turns 100; Leadership Waco | Mike Copeland

Hurts Donut Co., a growing regional chain known for large doughnuts with offbeat toppings, is bringing its act to Waco. Richard West and his wife, Kathryn, confirmed they have secured franchising rights for this area, “and we plan to open a store in Waco as soon as possible,” he said in an email response to an inquiry. “The rumor is true,” West said. “Hurts Donut is coming to Waco, and we are thrilled to become a part of the Waco community . We are currently looking for a location.” He said fans and followers of Hurts Donut Co. can receive updates on a Facebook page titled Hurts Donut -Waco Texas. Hurts has grown from a single location to a presence in eight states and recently unveiled a location in the Dallas- Fort Worth suburb of Frisco. Pechacek joins FNB The First National Bank of Central Texas has announced the hiring of Rachel Pechacek as senior vice president of the Woodway- Hewitt banking center , according to a news release from spokesman Dan Ingham . Pec...

Trees in Peachtree Hills on chopping block while developer gets easement through park

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Shares 372 By Maria Saporta First in a multi-part series about Atlanta’s precious tree canopy Hundreds and hundreds of trees will be cut down in the Peachtree Hills community as a result of two developments currently being proposed. Ashton Woods – an ironic name for the developer – is planning to clear cut a 4-acre parcel next to Peachtree Hills Park ­– removing a total of 148 trees. Peachtree Hills " /> A look at the trees that will be cut down as part of the easement through the park (Photo: Peachtree Hills ) Across Peachtree Hills Avenue , Isakson Living will be developing a residential community on 20 acres of land that used to house the a modern- style Peachtree Hills Apartments , which were built in 1938 and were demolished in 2008. The property has been vacant – with the exception of the grand trees that have shaded the area for decades. Brian Thomas, vice president of construction of Isakson Living, wrote in an email that “the existing tree canopy has been and will...

Sierra Ridge Apartments in Clovis sold for $18.3 million

The Sierra Ridge Apartments , a 180-unit complex, in Clovis has sold to a local investor for $18.3 million. The seller was Sun Valley Pacific (Clovis) LLC of Tokyo, Japan, according to Berkadia, a commercial real estate company with an office in Fresno. Robin Kane, senior vice president , and Gordon Larkin, senior associates, negotiated the sale in February. The apartment complex was built in 1991 at 100 Fowler Avenue, just south of Tollhouse Road. The development has one-, two-, and three- bedroom floor plans with full kitchens, fireplaces, vaulted ceilings, washer and dryer hookups and garages. Community areas include a swimming pool, spa, fitness center, playground and controlled-access gates. “The multifamily market,” Kane said “is surging right now in California, which we believe will continue for the remainder of 2015.”

College loan debt leaves some students stranded in the economy

By Sarah Butrymowicz and Meredith Kolodner Alduha Leon and Jared Sanders, roommates at Savannah State University , dined on hot dogs in their apartment on Thanksgiving Day of their sophomore year. They had decided to skip feasting with family in Atlanta to pick up extra hours at their airport jobs loading luggage onto planes. Payday wasn’t until Friday, though, and Leon only had $5 left on his food stamps card . During the three years they spent at Savannah State , Sanders and Leon struggled to pay their tuition, fees and living expenses. They accumulated more than $50,000 in loans between the two of them, despite working up to 40 hours a week. After exhausting themselves working late or overnight shifts so they wouldn’t have to miss class, and finding their grades suffering, they dropped out in 2015, joining a growing pool of Georgians who have debt but no degree. More than 108,000 students who had taken out federal loans withdrew from Georgia’s public colleges and universities bet...

Elco Landmark Apartment Trust Acquires Six Assets

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Amelia Ridge, located in Cary, N.C. Texas & North Carolina —Elco Landmark Apartment Trust Holdings (doing business as Elco Landmark Residential ) has announced a series of transactions. Combined, the firm has added six properties (four in Texas, two in North Carolina ) to its portfolio. On Wednesday the company announced that it had partnered with DeBartolo Development and LEM Capital to acquire four garden- style assets located in San Antonio and Austin for approximately $44 million. Collectively, the Texas portfolio consists of 771 units that are 95 percent occupied. Elco plans to implement a renovation and repositioning program on the assets. “The acquisition of these assets is another example of our unique ability to source attractive investment opportunities in high- growth metropolitan markets located across the South,” says Joseph Lubeck, CEO of Landmark Residential . “We look forward to leveraging our redevelopment and repositioning expertise to improve the quality of e...

Damac Properties Dubai PSC : sees Cityscape Global 2017 as catalyst for sector growth following decision to allow onsite sales

DAMAC Properties, a leading luxury real estate developer in the region, sees the decision to allow onsite sales at this year's Cityscape Global 2017 as a positive step to help boost property sector growth . The 16th Cityscape Global 2017 conference and exhibition is being held from 11 - 13 September in Dubai, and is the region's meeting point for the real estate market and one of the largest industry events globally . 'For the first time in eight years, Cityscape Global will be allowing onsite property sales which we believe is a strong indication of the important role this event plays in driving sector growth locally and internationally,' said Niall Mc Loughlin , Senior Vice President at DAMAC. 'In Dubai, we are seeing positive demand for our residential and hotel apartment properties , and this is in line with the recent announcement by the Dubai Land Department (DLD) reporting AED 132 billion in property transactions in the first half of the year, a n...

250-unit apartment complex trades hands in Reno

Woodside Village , a 250- unit apartment complex in Reno, sold in April, according to Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada. " Woodside Village is a strong-performing asset in an excellent in-fill location," said Kenneth N. Blomsterberg, senior vice president investments in Marcus & Millichap's Reno office. "The property gives new ownership the opportunity to increase revenue through loss-to-lease capture and the implementation of cosmetic enhancements to unit interiors . The ability to enhance revenue through a renovation program has been demonstrated by previous ownership and also by several other apartment communities within the immediate competitive set." The complex is located along a high-traffic thoroughfare at one of Reno's largest intersections, the corner of Kietzke Lane and Virginia Street. The Reno- Sparks Convention Center is across the str...

UAE- Onsite sales at Cityscape to boost industry

(MENAFN - Khaleej Times) Luxury real estate developer Damac Properties sees the decision to allow onsite sales at this year's Cityscape Global 2017 as a positive step to help boost property sector growth . The 16th Cityscape Global 2017 conference and exhibition will be held from September 11-13 in Dubai, and is the region's meeting point for the real estate market and one of the largest industry events globally . "For the first time, Cityscape Global will be allowing onsite property sales which we believe is a strong indication of the important role this event plays in driving sector growth locally and internationally," said Niall McLoughlin, senior vice-president at Damac. "In Dubai, we are seeing positive demand for our residential an hotel apartment properties , and this is in line with the recent announcement by the Dubai Land Department reporting Dh132 billion in property transactions in the first half of the year, a notable gain over the same p...

Ashton Woods housing work at former Glenridge Hall to start May 7

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Ashton Woods’ massive and controversial housing development at the former Glenridge Hall site on Abernathy Road in Sandy Springs will begin Sat., May 7, according to a spokesperson. Glenridge Hall site ." width="378" height="296" /> A new rendering of Ashton Woods’ Aria redevelopment at the former Glenridge Hall site . Now dubbed “Aria,” the Ashton Woods project has two main sections flanking Abernathy at Glenridge Drive. The part starting now is a 47-acre housing redevelopment and a new public park at the former Glenridge Hall mansion . The other part, which may start late this year, is a 29-acre mix of condos, apartments, detached houses and retail space next to the future Mercedes- Benz USA headquarters . In addition, a third Ashton Woods redevelopment along Glenridge Drive, a 25- acre townhome project formerly known as Glenn West, is now being branded as part of the Aria project. That plan also includes new sports fields for the neighboring Mount ...

Massive Renovation Helps Fountain Place Secure 500,000 SF in Renewals

May 25, 2017— A number of major renovation projects are in the works along Ross Avenue in downtown Dallas . Arguably the most significant is the redevelopment of Fountain Place , where owner Goddard Investment Group was the first to kick off activity in this cycle. The $ 70 million renovation includes office tower enhancements and a new 10-story garage with four plaza- level restaurants at its base. Additionally, AMLI Residential is developing a stunning new 45-story, luxury apartment high -rise at the corner of Field Street and Munger Avenue. The redevelopment of Fountain Place has been a key factor in securing renewals from five major office tenants . The latest to recommit is Bracewell LLP , whic¬h recently extended its lease for nearly 40,000 square feet. This follows renewals from Wells Fargo (123,650 square feet) and Gerald Ray (11,500 square feet) earlier this year. The first two big tenants to recommit were Tenet Healthcare (240,000 square feet) and Hunton & Williams...