Apartment Choice

Giving life back to an industrial landmark " /> Giving life back to an industrial landmark " /> More Arts & Culture When Becky Steinhoff ’s organization purchased an abandoned foundry on Waubesa Street in 2005, she couldn’t immediately envision it as the thriving home of the Goodman Community Center . Now an $11.2 million expansion is in the works to retain a nearby architectural landmark and accommodate the center’s growing needs. The Goodman Community Center annually serves 35 ,000 to 40,000 children, teens, seniors and other residents in need. “From the time we moved in here, we’ve grown almost 400 percent,” says Steinhoff, the organization’s executive director who has led the center since 1991. “So we are back in the position of needing space.” To that end, the private nonprofit organization has embarked on a project to restore, renovate and expand the former Madison Brass Works building just across Waubesa Street and the Capital City Bike Path from the...

VININGS, GA --(Marketwired - June 17, 2016) - Toronto- based Sutter Hill Acquisition Corporation has acquired The District at Vinings Apartments in Metro Atlanta for $68.75 million. Sutter Hill intends to spend up to $7 million renovating the 464- unit multifamily community , which is located on almost 38 acres in the heart of the Vinings area. The transaction closed June 16 , 2016. The District at Vinings Apartments is located at 2800 Paces Ferry Rd S.E., Atlanta, 30339, less than three miles from SunTrust Park -- the new stadium for Atlanta's Major League Baseball team , the Braves -- and The Battery Atlanta, which is expected to be one of the nation's top sports, shopping and entertainment venues. The apartments are also near Home Depot headquarters , the Cobb Energy Performing Arts Center , the Cobb Galleria and quaint Vinings Village . "This is a dominant asset in a dominant location," said Sutter Hill Acquisition President and CEO Karim Kanji . "It also ...

Virginia Beach- based Croatan Investments has purchased Springhouse Apartment Homes , a 432- unit apartment community in Newport News, with plans for major renovations. "This is a beautiful community with both an incredibly stable operating history and enormous profit potential ," Croatan Managing Partner Paul Van said. Croatan plans to upgrade the common areas, including the exterior, clubhouse and pool area with the addition of an expanded fitness center , a community fire pit and sitting area, according to a news release. Each apartment interior will receive premium silver or black appliances, granite kitchen and bathroom countertops, custom kitchen and bathroom cabinetry with brushed nickel hardware , modern lighting packages and new plush carpeting and wood- grain plank flooring . Established in 2016, the core team at Croatan Investments previously worked together at investment firm FortCap Partners , according to a news release. In early 2016, Croatan purchased...