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155 new luxury apartments in downtown Ann Arbor

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The 155- unit Ann Arbor City Apartments is under construction on West Washington and South First streets in downtown Ann Arbor . Daniel Brenner | AnnArbor.com Editor's note: The number of parking spaces to be held by Village Green has been corrected. Related story: Rent comparison : What can you get for $2,500 a month around Ann Arbor? Luxury apartments in downtown Ann Arbor are no longer just for students. The under-construction Ann Arbor City Apartments on the southeast corner of West Washington and South First streets is the first luxury apartment project built downtown in years that doesn’t cater to students. It’s designed for young professional renters as well as corporate relocation. "It's midway between the YMCA and the core of downtown where U-M jobs are," said Susan Pollay , executive director of Ann Arbor's Downtown Development Authority . "I think it feels like, from what I saw, exactly one of the things needed in this marketplace." ...

Report: Columbus apartment rents among cheapest in the U.S.

Call it affordable. Call it cheap. The fact is that those people renting apartments in Columbus enjoy some of the least expensive rates in the United States, according to Apartment List , a listing website that tracks the industry. August data show that Columbus, out of 100 markets nationwide, has the fifth- lowest median lease rates , with a one-bedroom averaging $640 a month and a two-bedroom going for $760 monthly. The lowest — or cheapest — rents on the list are in Wichita, Kan., with $560 for a one-bedroom unit and $750 for two bedrooms. It is followed by Fayetteville, N.C., Fort Wayne, Ind., Toledo, Ohio, and Columbus. Rounding out the Top 10 most affordable cities in terms of apartment rents are Huntsville, Ala., Winston-Salem, N.C., Cleveland, Ohio, Oklahoma City, Okla., and Des Moines, Iowa. Other Southeastern cities on the list and their affordability rankings are Montgomery, Ala. (15), Knoxville, Tenn. (31), Birmingham, Ala. (34), Tallahassee, Fla. (42), Jacksonville, F...

Baytown tops Texas for hikes in apartment rents

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Apartment rents grew the most in Baytown among Texas cities for a one-year period through July, though it remained one of the lowest priced markets in the Houston area, a new report showed. The median price of a two-bedroom unit in Baytown reached $850 in July, a 10.9 percent jump over July 2014, according to the July Texas Rental Price Monitor by Apartment List . Apartment List , an apartment rental marketplace based in San Francisco, compiles the data from several hundred thousand listings it has on its site. Demand for housing in Baytown and other communities on the east side of Houston is being driven by major expansions of petrochemical plants in the region. Curiously, a one-bedroom unit in Baytown costs more than a two-bedroom unit. One-bedrooms rented for $1,150 in July after a 14.6 percent year-over-year rise, according to the report. Alvin had the second highest rate hike in the Houston region, with rents rising 9 .9 percent year-over-year to $830 for a two-bedroom unit. ...

Property: Allure of penthouses in Singapore. Why buy and how much.

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(Sea view from the private rooftop pool of a six-bedroom penthouse at Cape Royale in Sentosa Cove. Photo: Ho Bee Land) Expensive as they may be, the new generation of penthouses on sale here are gaining a lot of traction with property buyers. But just how much does a penthouse cost today and what are the attractions to living in one? Over in prime district 10, Sun Tongyu, co-founder of Alibaba, paid $51 million for the sole penthouse spread across 13,573 square feet on the top two levels of Wing Tai's freehold Le Nouvel Ardmore two years ago - the biggest amount paid for a penthouse in Singapore at the time. SC Global Developments recently smashed that record when it sold the 10, 300 sq ft super penthouse at Sculptura Ardmore for more than S$60 million or in excess of S$6,000 per square foot. The luxury residential developer could set another record when it finds a buyer for the 17, 642 sq ft penthouse on the top three levels - 23, 24 and 25 - in the Signature Tower at Th...

Canal Square Apartments | Apartments in 359 N West St - Indianapolis IN - Reviews - Photos

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Sergio Blanco-Herrera It is a good place to live if you are an IUPUI STUDENT. Super close to campus and the complex is very safe. It is pricy, so be ready to dish out a good amount on rent. The only downside is that parkin … g is not included and they charge 70-80 for it. more » It is a good place to live if you are an IUPUI STUDENT. Super close to campus and the complex is very safe. It is pricy, so be ready to dish out a good amount on rent. The only downside is that parking is not included and they charge 70-80 for it. Anon Y Terrible. I stayed for 6 months and had to leave. It's actually not very close to the campus at all (it takes the same amount of time to drive as to walk). Main issues: the apartment shakin … g. It felt like an earthquake in my apartment every few nights, shook me up and scared me so bad. My heavy wood dresser would shake with the walls. My light fixtures and dishes shook at least once an hour....this continued until 4 AM every night. Also you can hear...

Boulder's Solana Apartments sells for $136M to NY firm

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cyclist rides past the intersection of Pearl Parkway and Junction Place on Thursday in Boulder. The Solana Apartments , which sold last week, are pictured" alt="A cyclist rides past the intersection of Pearl Parkway and Junction Place on Thursday in Boulder. The Solana Apartments , which sold last week, are pictured" style="border: 0px;" /> A cyclist rides past the intersection of Pearl Parkway and Junction Place on Thursday in Boulder. The Solana Apartments , which sold last week, are pictured behind the cyclist. ( Jeremy Papasso / Staff Photographer ) The pricey Solana Apartments across from Google's new campus sold for $136 million last week in one of the city's highest-priced deals. The luxury complex at 3100 Pearl Parkway sold to New York- based real estate investment firm Rockwood Capital . The seller was ReyLenn Properties, based in Solana Beach, Calif. Officials from Rookwood declined comment . At 319 un...

Rent control rumored to be driving apartment sales | News

Mountain View's rent- control program has already survived political and legal trials -- but what about the business test? An increasing number of apartment owners appear to be cashing out rather than working under the new restrictions. If the trend continues, some say it will lead to a cascade of redevelopment spearheaded by large corporate buyers . This scenario would result in older apartments being phased out and replaced with new housing that is exempt from rent control. Those looking at the data with a more critical eye point out that sales of apartment buildings are up throughout the South Bay, and that the number of buyers indicates a healthy interest in investing in Mountain View housing , regardless of rent control. To take one example, Fremont residents Ann and Paul Lethers decided in June to sell their 18-unit complex on Del Medio Avenue in Mountain View, which they created from separate purchases of two adjacent nine-unit buildings. They say they h...