Apartment Choice

Shares 355 By Amy Wenk and Maria Saporta As published in the Atlanta Business Chronicle on August 4, 2017 An Atlanta developer is planning an innovative co-working space along one of Atlanta’s most historic streets — a project that’s already lured high- profile investors including top Home Depot executives . Historic preservation developer Gene Kansas in front of the 135 Auburn Ave. building, which he and a group of investors have acquired to turn into a “Constellations” project on the second floor (Photo by Maria Saporta) Gene Kansas Commercial Real Estate plans to open Constellations, a $2 million project that will offer “culturally-inspired” workspace with the hope of bringing together great minds who care about making a difference in the city. It’s coming to the second floor of the circa-1910 former Southern School Book Depository at 135 Auburn Ave., a building that was designed by famed Atlanta architect Neel Reid . Constellations will replace the Southern Education Foundati...

UConn’s place in the Hartford skyline . Hartford — For nearly a half-century, the University of Connecticut has had no place to call its own in the state’s capital city. Today that changes as Connecticut’s flagship university opens the doors of its new $140- million downtown branch campus on Prospect Street . The arrival of the campus, which comes after five years of false starts and setbacks, is a milestone for the university and the city of Hartford. Hundreds attended the grand opening ceremony downtown Wednesday morning . For UConn, it marks the institution’s return from the suburbs into the heart of the city – where the school first opened its Greater Hartford branch in 1939. It moved to West Hartford in 1970. The university, in the years since, had been able to continue to claim a “presence” downtown. Some of UConn’s graduate business programs are housed in a space it leases in 100 Constitution Plaza, and the university’s basketball and ice hockey teams play games in the XL ...

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...

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...