Apartment Choice

August 25, 2008 | By Jerry W. Jackson, Sentinel Staff Writer Despite the real-estate slowdown, apartment developer Lane Florida LLC is moving forward with its Orlando-area projects. The company, launched in Orlando by Atlanta-based Lane Co. in 2006, is wrapping up work on portions of its first complex in Florida, a 384- unit development in Osceola County called Verano Apartments . Work began on Verano, located just off Exit 244 of Florida's Turnpike near Walt Disney World , in November 2007. While leasing has begun and some of the one- to three-bedroom units are occupied, work is continuing and the complex should be completed by February, according to Mike Mulhall, the company's Florida regional development partner . Mulhall said work has also begun on the company's even more ambitious downtown Orlando apartment tower , called The Montage. The 19-story high-rise is being built on Lake Avenue a block from Lake Eola. "The apartment market remains strong , and we have t...

Joyner Commercial announces the following transactions: Steve Greer and Matt Carter were the agents in the lease of 1,600 SF at 24 Vardry St., Suite 203, in Greenville to Jordan Construction. Ted Arnold was the agent in the sale 2,400 SF of warehouse space at 102 S. Moore St., Duncan. Wayne Smith and Hope Tz Schmalzl were the agents in the sale of the business at 2829 Gentry Memorial Highway , Pickens. Hays Reynolds was the agent in the sale of a restaurant at 110 W. Butler Road in Mauldin to White Horn LLC . Matt Carter was the agent in the lease of 1,281 SF of office space at 221 Cooper Lane, Easley, by Karick Development to Technoflex Inc. Cushman & Wakefield | Thalhimer announces the following transactions: Brian J. Young and Lyn Norton were the agents in the sale of two industrial buildings totaling 342 ,838 SF on 39.25 acres at 3001 N. Blackstock Road , Buildings 1 and 2, in Spartanburg, by RT Blackstock Complex LLC to Crimson Palmetto Holdings LLC . Charlie Whitmire was t...

With the words well cleaned, well pressed and well dressed hovering in three red arrows above its iconic sign, it’s tough for those passing by Broadway Cleaners in Redwood City to miss it. Built specifically for a dry cleaning business some 57 years ago, the building at 1681 Main St. is a fixture standing where the street dead-ends into El Camino Real . It’s now occupied by lifelong dry cleaners Marti and Jim Russell, who have owned and operated a business there for the past six years. An instructor and third- generation dry cleaner , Marti Russell is no stranger to the business. She has fond memories of helping her father, a dry cleaner himself, sort through hangers as a kid and worked in his Belmont shop while she attended San Mateo High School . Though Marti Russell has logged over 50 years in the business, the stories her customers tell her about the items they are dropping off keep her far from bored. “You just can’t make some of this stuff up,” she said. From helping customers...

Katz’s Deli, the iconic New York deli, has been serving its customers for well over 100 years. Getty Images Elon Musk once compared building a business to “eating glass and staring into the abyss of death.” George Orwell, for his part, once described writing a book as a “bout with a long illness,” a sentiment that many entrepreneurs and creatives would agree with. The point is: No one would willingly subject themselves to any of the suffering that goes into building something if they thought their efforts were going to disappear with the wind. Yet the truth is, most businesses and most art does disappear. It might be easier than ever today to start a business—a few bucks on LegalZoom and you’re the CEO of a brand new LLC. What is still hard and what has always been hard it keeping your doors open, staying in business, and keeping customers happy over the long term will never be easy. In a world obsessed with the new and the trendy, we don’t tend to give enough credit to people do ma...

Multi- family apartment housing in Tama for Iowa Premium Beef workers moved a step closer Monday night , Aug. 4. Tama City Council members voted 3 -0 to set a public hearing for Monday, Aug. 18, at 5:30 p.m. on the granting of option to purchase city-owned land on the northwest side of the Indian Hills Addition . Newbury Living representative Bob Raffery told council members the developer was looking at 24-28 units in one building. The West Des Moines - based company president , Frank Levy, and Rafferty have said their plans here hinge on financing through a Community Development Block Grant . Rafferty said Monday night applications for the grant money needs ot be in at mid-August and his company needs a commitment that land has been secured. Article Photos City of Tama sign in the Indian Hills Addition listing housing options for new construction. City officials have said they foreseen the need for additional space as they consider a proposa...

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...

Mainstreet Cleveland announced Friday award recipients for the Mainstreet Cleveland Property Enhancement Grant program .  Ten properties in downtown Cleveland were selected to receive grants totaling $54,953.  Based on the investments of these 10 projects, a total of more than $240,000 will be reinvested into downtown properties.     The Mainstreet Cleveland Property Enhancement Grant was formed to encourage building owners and tenants to invest in properties located within the Mainstreet Cleveland footprint by financially assisting with building needs that serve an appropriate public purpose and benefit.   Positive building appearance has been proven to increase property values , improve the marketability of space within the building and attract new businesses, residents and visitors to an area, said officials.  This decision was a difficult one for the grant selection committee , 24 quality applications were submitted.  In fact, the projects were so impressive that the Mainstre...

River Place apartments Tuesday in McHenry. The owner is putting the waterfront building that houses luxury apartments and a few retail businesses up for sale. Asking price is around 6 million." class="automarg" src="http://www.nwherald.com/_internal/cimg!0/25xsfm4rxbl9pkugh4q0lbhnsr9dii9" /> Sarah Nader – snader@shawmedia.com Caption A view of River Place apartments Tuesday in McHenry. The owner is putting the waterfront building that houses luxury apartments and a few retail businesses up for sale. Asking price is around 6 million. McHENRY – River Place Luxury Residences , a 27- unit apartment building in downtown McHenry, is up for sale. River Place, 1112 N. Green St., is located directly on the Fox River at the Green Street bridge . According to a news release, Roy Blavvise, managing member of the ownership group, said the asking price for the luxury apartment complex is about $6 million. “In my opinion, River Place Luxury Residences is the finest...