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Timberline Village in Flagstaff sold for $22.25M

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Timberland Village I & II LLC's (Bassham Trust) sold Timberline Village Apartments at 4255 E. Soliere Ave. in Flagstaff to Clear Sky Summit at Flagstaff LLC ( Clear Sky Capital , Marcus Kurschat) for $22.25 million. Vanessa Dreyer joined FirstService Residential , a community management company in Scottsdale as vice president of the Large Scale II Division . timberline village apartments 0605.jpg_20140530.jpg" /> Clear Sky Capital , Marcus Kurschat paid $22.25 million for Timberline Village Apartments in Flagstaff. (Photo: Cassidy Turley ) Story Highlights Timberland Village I & II LLC's (Bassham Trust) sold Timberline Village Apartments at 4255 E. Soliere Ave. in Flagstaff to Clear Sky Summit at Flagstaff LLC ( Clear Sky Capital , Marcus Kurschat) for $22.25 million. Vanessa Dreyer joined FirstService Residential , a community management company in Scottsdale as vice president of the Large Scale II Division . Timberland Village I & II LLC's...

LeCesse and Morgan Break Ground on New 322-Unit Transit-Oriented Apartment Community in Minnetonka

MINNETONKA, MN -  LeCesse Development Corporation and Morgan Management , nationally recognized multifamily developers based in Altamonte Springs, FL and Rochester, NY are proud to announce the commencement of RiZE at Opus Park, a 322 unit best in class apartment community located in Minnetonka, MN and represents a $73mm investment towards the transformation and redevelopment of the Opus Business Park off HWY-169.The community will consist of generous studio, one bedroom, one bedroom with den, two bedroom and two bedroom with den units averaging 944 square feet . The spacious, open floor plans are designed with high quality finishes including designer kitchens with granite countertops, Energy Star appliances , nine-foot ceilings, and wood- style plank flooring , complete with large walk-in bedroom closets. Additionally, all residences enjoy a large balcony or patio, with select units containing multiple balconies for panoramic views.  Plans call for the construction of a single, ...