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Ann Arbor experiencing a boom in high-end apartments and condos

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Buy Photo The Ann Arbor City Apartments in Ann Arbor. Ann Arbor is seeing a building boom of apartments and condos for the last couple of years that continues to ramp up. (Photo: Romain Blanquart/ Detroit Free Press ) Buy Photo An unprecedented building boom of apartment high -rises and condos has made construction cranes a lingering fixture of the Ann Arbor skyline . No fewer than six cranes hovered over downtown last week as private developers raced to erect more luxury student and post-collegiate housing within walking distance to University of Michigan classrooms. The half- dozen residential projects that are under construction or slated to begin are the latest round in a boom that has been under way for at least three years and is permanently altering the city's housing situation. Many of the current and earlier developments specifically cater to U-M students, offering additional near- campus living options aside from blocks of grubby old houses. Other projects have ta...

8 highest yielding private properties in Central Singapore

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SINGAPORE (Aug 22): Getting your rental yield right goes a long way. Today’s average rental yield for condominiums and apartments is the lowest in a decade, at about 3.2%. Low interest rates , subdued job market and large supply of housing are possible reasons. In our analysis, we have identified eight private residential properties with the highest rental yields in the high- end condo segment comprising districts 9 , 10, 11, Downtown Core and Sentosa. Only properties with at least five sales and five rental transactions over the last 12 months were considered in our analysis. 1) Lumiere Property type: Apartment Rental yield: 5.0% Average rent PSF: S$6.0 Tenure: 99 years from 2006 District/ Planning Area: D2 - Downtown Core Located at Mistri Road, the 45-storey Lumiere is a three-minute walk to Tanjong Pagar MRT station . It was completed in 2010 and has 168 units. It is a stone’s throw away from International Plaza and Icon Village, and less than 10 minutes’ walk to Tanjong Pagar...

River Terrace Apartments

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Quizzes Lists Topics Save The River Terrace Apartments is an apartment building located at 7700 East Jefferson Avenue in Detroit, Michigan. It was listed on the National Register of Historic Places in 2009. [1] River Terrace Apartments was one of the first two garden apartment complexes built in Michigan which used loan guarantees from the Federal Housing Administration , the other being Hillcrest Village in East Lansing. [2] History By the late 19th century , the corridor along East Jefferson Avenue had become a prestigious residential neighborhood . As the automobile age dawned in the twentieth century and Detroit's population boomed, large upscale apartment buildings were constructed along the Avenue. However, this boom in apartment construction collapsed at the start of the Great Depression. However, in 1939, Wesson Seyburn, along with Leonard P. Reaume, of the property management firm of Holden & Reaume, applied for a building permit to construct this apart...