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Landmark Apartment’s fast growth fueled by changing housing market

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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...

RMS’ Van Aken District to become ‘downtown’ of Shaker Heights | Real Estate

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A busy intersection in Shaker Heights is being transformed through the redevelopment of the Warrensville- Van Aken business district . The former Van Aken Center will connect with nearby Shaker Plaza to create the Van Aken District , a new downtown and community- gathering place for the city. Phase one of the $97.2 million project, under construction near the intersection of Warrensville Center Road and Van Aken and Chagrin boulevards, is due to be completed next summer. “There really has been nothing like this in Shaker Heights,” said Jack Bialosky Jr ., senior and managing principal of Bialosky Cleveland, the architectural firm responsible for planning the project and designing most of the buildings in phase one. “It’s a mixed-use, urban development which will really provide public space for the community, all organized around a central triangular park . “It’s going to be a place where the community can come, shop, dine and recreate. It will be a beautifully scaled, contained s...

Four Winds Apartments - 23 Photos - Apartments - 4101 Brett St, Corpus Christi, TX - Phone Number

Specialties Spacious floorplans, expansive greenspace, and a price you'll love, combine to create a great value living experience at Four Winds. Our community is known for its friendly atmosphere where you'll feel welcome and at home the moment you enter the beautifully landscaped property . Outdoor amenities include two sparkling pools with free wifi and an extensive playscape, while the updated interiors feature spacious open - concept living areas and private balconies. Our quiet community is home to many long-term residents who know our goal is to exceed their expectations, so relax and let our professional, courteous staff take care of you. Our professionals have decades of experience in the industry and are trained to provide the best in service. Demand the best in value, service and location. Expect nothing less than Four Winds Apartment Homes . Your home as it should be.

The ghost estates that still haunt Ireland

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A decade after the crash, Shannon Valley housing estate , on the outskirts of Ballaghaderreen, in Co Roscommon, remains unfinished and partly in ruins. Although the number of “ unfinished housing developments ” has fallen sharply since 2010, Shannon Valley is one of hundreds that still dot the country. The Guls: ‘Every day I put rats in the bin’ Fatima Gul says her little brother, Yousaf, doesn’t like the rats. He jumps up on the sofa or the table in the living room when they come into the house. Their parents don’t allow Fatimar, who is 10, or her nine-year-old sister, Maryam, or Yousaf and his twin, Zohra, who are five, to play near the houses on the other side of their green. It’s too close to the rats and the rubble. Shannon Valley “ ghost estate ” outside Ballaghaderreen, Co Roscommon. Photograph: Simon Carswell" height="349" src="https://www.irishtimes.com/polopoly_fs/1.3181475!/image/image.jpg_gen/derivatives/landscape_620/image.jpg" width="620...

Landmark Apartment Trust, Inc. to Be Acquired by Starwood Capital Group and Milestone Apartments REIT

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...