Apartment Choice

Fairfield Housing Authority , and Peggy Ford, the authority's resident service coordinator , hold a rendering of buildings proposed to replace the existing units at the Pine Tree Lane housing complex . Photo: Andrew Brophy / Fairfield Citizen" class="landscape" /> Pine Tree Lane housing complex that would be demolished under plans by the Fairfield Housing Authority to rebuild and expand the development. Photo: Andrew Brophy / Fairfield Citizen" class="landscape" src="src" /> Fairfield Housing Authority , and Peggy Ford, the authority's resident service coordinator , hold a rendering of buildings proposed to replace the existing units at the Pine Tree Lane housing complex ." src="src" /> Pine Tree Lane housing complex that would be demolished under plans by the Fairfield Housing Authority to rebuild and expand the development." src="src" /> Photo: Andrew Brophy Image 1 of / 2 Caption Close...

Residents check out the plans for a 294- unit apartment complex on Nixon Road at a meeting Tuesday night at the Traverwood Branch Library in Ann Arbor. Ryan J. Stanton | AnnArbor.com Neighbors of a proposed 294- unit apartment complex at Nixon Road and M-14 say they're concerned about adding more traffic to an already congested area. "It's hell right now," said Cathy Baker , who lives in the Barclay Park condominiums and says traffic regularly backs up on Nixon Road during rush hour. About two dozen residents attended a citizen participation meeting hosted by the developer Tuesday night at the Traverwood Branch Library in Ann Arbor. A map of the site location provided by the developer. Traffic repeatedly came up as a main concern with the project. Residents who live in neighboring apartments and condominiums said they're particularly worried about worsening traffic backups where Nixon Road meets Green and Dhu Varren roads — an unconventional four-w...

A recent housing study conducted by the city prompted debates online from residents who oppose the idea of multi- family housing in Maricopa. Read the study here Saturday morning, residents continued the discussion during “Councilman on the Corner,” a public forum held regularly by Councilman Henry Wade . “This subject seems to have resonated when I put it out there in Facebook and social media as to a question I posed,” Wade said. “It generated quite a bit of discussion, although that question was quite a small part of what the housing assessment is all about.” Some residents argued the apartment and condominium units would bring down property values and attract crime. “I also value that we have low crime, and that’s partly because of the kind of neighborhood that we have,” said resident Leonard Gonchar . Maricopans who support the idea fired back . “As a retired person, I’m not an undesirable,” said resident Karen Balliet , who said she cannot afford the cost of a single-family h...

We’re a particularly strong and well-capitalized company with a very strong investment record . Joe Lubeck Executive chairman, Landmark Apartment Trust of America Inc. The recession and slumping housing market made the past few years a good time to invest in apartments — and Landmark Apartment Trust of America Inc. was poised to take action. By acquiring more than $1 billion in properties in 2013, Landmark now owns or manages almost 33,000 units, says Joe Lubeck, executive chairman. This correlates with increased interest in renting. “We see that a lot of people are more interested in job portability and the ability to relocate from one city based on job availability, and they also no longer perceive a house as being the solid investment that it once was,” Lubeck says. “As a result, we’re seeing significant growth in the household formative years , the 25- to 40-year-old market, where people are specifically looking to be renters by choice.” Targeting distressed properties that c...