Apartment Choice

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...

Specialties If you are looking for a home that will give you comfort, convenience and value - make a move to Olde English Village in Lowell! Close to the Lowell/Chelmsford line, Olde English Village features modern , spacious apartments with 24-hour on- site emergency maintenance in a convenient location near Rte. 3, the Lowell Connector and I-495. Our leasing office is on-site, and the apartments are adjacent to a new shopping plaza in the city but set back off the main road. Residents at Olde English Village enjoy wall -to-wall carpeting, cable T.V. hookups, A/C, large sliding doors in every unit allowing for natural light throughout, modern eat-in kitchens equipped with dishwasher and disposal, separate dining rooms and parking for 2 cars and visitors. Laundry facilities are located in each building. History Established in 1954. The Hamilton Company, Inc. is one of the largest privately held , full service real estate companies operating in New England. Founded in 1954 with...

SAN FRANCISCO--( BUSINESS WIRE )-- Calvera Partners , a California- based private real estate investment firm , today sold pksl (pronounced “pixel”), a 37-unit apartment building located at 1090 Sunnyvale Saratoga Rd. in Sunnyvale, CA, for $15.7 million ($424,000 per unit), an 89% increase over the building’s acquisition price of $8.325 million in January 2014. Home base to the original tech darlings Atari , AMD and Yahoo, the pksl project was the transformation of a 1960s- era apartment complex , formerly known as Crestview Terrace. With a mission to reposition underperforming properties with creative and authentic brands, high value tenant amenities , and modern design, pksl underwent a major transformation. “This community underwent the most significant physical change of any property we’ve owned,” said David Saxe, managing principal at Calvera Partners. “It was in disrepair when we took ownership and needed a major renovation and image upgrade. We spent more than $2.5 million ...

by Lynda Carson Oakland – On March 3, the same day that Oakland tenant activists filed a ballot initiative to strengthen renter protections called the “Renters Upgrade,” the California Apartment Association (CAA) announced that they were keeping an eye on things and are coming up with their own plan to counter the tenant’s movement efforts somehow, including in Richmond and Alameda. Tenants fight gentrification as apartment buildings are flipped and rents raised in Highland Park, Los Angeles. – Photo: Michael Robinson Chavez , LA Times" /> Tenants fight gentrification as apartment buildings are flipped and rents raised in Highland Park, Los Angeles. – Photo: Michael Robinson Chavez , LA Times The CAA announced to its 13,000 members, affiliates and partners: “Tenant advocates in Richmond and Alameda have filed preliminary paperwork to place rent control initiatives on the November ballot. In both East Bay cities , the initiative efforts are in the early stages, and in...

PHOENIX, AZ - Colliers International in Greater Phoenix negotiated the sale of The Park at Deer Valley apartments at 17425 N. 19th Ave., in Phoenix, for $33 million or $75,688 per unit. Executive Vice Presidents Bill Hahn , Jeff Sherman and Trevor Koskovich with Colliers’ Phoenix office represented both the buyer and seller. The seller was Bruckal Properties, Inc., of Kelowna, British Columbia, Canada. The buyer was a private investor, Billah Khan of Phoenix. Financing was arranged through Walker & Dunlop in Phoenix.Khan added The Park at Deer Valley to his portfolio of Phoenix-area assets, which includes Acacia Pointe in Glendale and Marble Creek in Phoenix. Plans call for continuing interior and exterior upgrades started by the seller, who completed more than $3 million in renovations. “This transaction is a prime example of how the combination of off-shore equity and low interest rates create strong financial returns for the buyer,” said Hahn. “Returns will continue to gro...

August 28, 2017 10:03 AM ET Equity Real Estate Investment Trusts (REITs) Company Overview Landmark Apartment Trust of America, Inc. is an independent real estate investment trust . The firm invests in the real estate markets of the United States. It is primarily engaged in ownership, acquisition, management, and disposition of multifamily apartment communities . The firm was previously known as Apartment Trust of America, Inc. Landmark Apartment Trust of America, Inc. was founded on December 21, 2005 and is based in Tampa, Florida with an additional office in Richmond, Virginia. 3505 East Frontage Road Suite 150 Tampa, FL 33607 United States Founded in 2005 768 Employees Key Executives for Landmark Apartment Trust, Inc. Chief Executive Officer and Director Chief Financial Officer Chief Operating Officer Chief Investment Officer , and Senior Managing Director Executive Vice President and Chief Operating Officer Compensation as...

(MENAFN - Khaleej Times) Luxury real estate developer Damac Properties sees the decision to allow onsite sales at this year's Cityscape Global 2017 as a positive step to help boost property sector growth . The 16th Cityscape Global 2017 conference and exhibition will be held from September 11-13 in Dubai, and is the region's meeting point for the real estate market and one of the largest industry events globally . "For the first time, Cityscape Global will be allowing onsite property sales which we believe is a strong indication of the important role this event plays in driving sector growth locally and internationally," said Niall McLoughlin, senior vice-president at Damac. "In Dubai, we are seeing positive demand for our residential an hotel apartment properties , and this is in line with the recent announcement by the Dubai Land Department reporting Dh132 billion in property transactions in the first half of the year, a notable gain over the same p...

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...