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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...

'Granny Pods' Help Keep Portland Affordable : NPR

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Michelle Labra and her daughter, Daphne, live in an accessory dwelling unit (ADU) in their landlord's backyard. Portland has among the most permissive rules for ADUs in the country. Last year, the city issued building permits for about one a day. Amelia Templeton/OPB hide caption toggle caption Amelia Templeton/OPB Michelle Labra and her daughter, Daphne, live in an accessory dwelling unit (ADU) in their landlord's backyard. Portland has among the most permissive rules for ADUs in the country. Last year, the city issued building permits for about one a day. Amelia Templeton/OPB Earlier this year, Michelle Labra got a notice that the rent on her family's two-bedroom apartment was doubling, from around $620 a month to more than $1,300. She worried she was being priced out of Portland and would have to move to the suburbs. But Labra, her husband and their two children didn't get pushed out of Cully, their North Portland neighborhood . They were able to stay by m...