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Dallas—A Performance Properties LLC -headed partnership has purchased the 370- unit Linda Vista Apartments in North Dallas. With this acquisition and the previously purchased Vista Buena Apartments , the partnership has added nearly 800 units on 27 acres along the Cottonwood Trail, a hiking and biking amenity, since late last year. Both communities are situated in a neighborhood renowned for its easy freeway access in all directions. The properties are located in the northwest quadrant of the $261 million High Five Interchange, Dallas- based Performance Properties reported . Across its 18 buildings, 35-year-old Linda Vista Apartments features a mix of efficiencies and one- and two- bedroom units averaging 667 square feet in size. Performance Properties is in the process of completing a $1 million renovation at Vista Buena, and will soon launch a $700,000 renovation of Linda Vista. Included will be building exterior, common area and unit interior improvements . In addition to its l...

storage facilities in the greater Milwaukee area for $17 million earlier this year. The sales price was the highest on record for a self- storage portfolio in the Milwaukee-Waukesha- West Allis metropolitan statistical area , according to Marcus & Millichap." /> Marcus & Millichap brokered the sale of two self- storage facilities in the greater Milwaukee area for $17 million earlier this year. The sales price was the highest on record for a self- storage portfolio in the Milwaukee-Waukesha- West Allis metropolitan statistical area , according to Marcus & Millichap. Halfway through a year of transition, the self- storage sector continues to undergo changing investor dynamics while feeling the effects of political uncertainty in Washington. Yet opportunities abound, particularly in the Midwest, where a moderate development pipeline has kept supply in check with demand. We’re currently witnessing a pool of buyers rethink their approach amid rising interest rat...

Photos courtesy of Stuyvesant Town “Think of us as a 1947 Cadillac retrofitted with a Tesla engine,” says Marynia Kruk, Stuyvesant Town and Peter Cooper Village ‘s Community Affairs Manager . Though the 80- acre residential complex ’s 110 red brick, cruciform-shaped buildings were constructed 70 years ago this month, their imposing facades are hiding an intense network of systems that, since 2011, have allowed the development to reduce its on- site carbon emissions by 6.8 percent, equal to over 17 million pounds of coal saved. To put this in perspective, that’s roughly the same savings as 3,000 drivers deciding to bike or take the train for an entire year or planting a forest of 400,000 trees. This massive sustainability push , along with new ownership (Blackstone Group and Canadian investment firm Ivanhoe Cambridge bought the complex for $5.3 billion in October 2015), updated amenities, and an affordable housing commitment , is driving Manhattan’s  largest apartment complex  into t...

Buy Photo Plans are in the works to turn the old Hattiesburg High School building on Main Street into apartments for residents 62 and older. (Photo: File photo/Hattiesburg American) Buy Photo A little more than a year ago, officials representing downtown Hattiesburg and Jackson- based Intervest Corp . announced plans to transform the former Hattiesburg High School on Main Street into an age- restricted apartment development . With the recent sale of the building to Intervest owner Steve Nail , that project — tentatively named Preservation Crossing — is back on track. "Mr. Nail held rights to the property through legal option for more than four years," said Andrea Saffle, executive director of the  Historic Hattiesburg Downtown Association . "Now, the sale is complete, and we are excited at the prospect of getting this project underway ." The upcoming facility, which is aimed at residents 62 years of age and older, is expected to offer 70 to 75 apartments that ar...

Quizzes Lists Topics Save The Saxony Apartment Building is a historic apartment building in Cincinnati, Ohio, United States. Located along Ninth Street in the city's downtown, [1] this five- story brick building includes a distinctive range of architectural details. Among these elements are brick pilasters and projections, a three- story bay window on each side of the symmetrical main facade , semicircular balconies , and many stone pieces, such as pediments, keystones, and stringcourses. Due to its location at the intersection of Ninth and Race Streets, the Saxony appears to have two fronts: one onto each street. Although the Ninth Street facade is larger and more complex, the Race Street facade is nevertheless ornate as well: it features small yet elaborate semicircular balconies with wrought iron railings similar to those of the Ninth Street facade . [2] Constructed in 1891 according to a design by leading Cincinnati architect Samuel Hannaford , [1] the Saxony Apart...