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NEW YORK, NY - Centerline Capital Group , a provider of real estate mortgage services for conventional and affordable multifamily housing , announced today it has provided a Fannie Mae DUS loan in the amount of $3.25 million to refinance a multifamily property in Oak Park, Illinois.    Located at 1000 Pleasant Street, Fountainhead Apartments is a four-story building ( including unfinished basement at partially submerged garden level ) with two interior courtyards between the building’s three wings.  The property has five distinct addresses but is known primarily by its 1000 Pleasant Street address . The borrower is Fountain Head Apartments , LLC, an Illinois limited liability company , and Melvyn Kushner, a highly regarded real estate investor .  The property has been very well maintained by Kushner who has been engaged in ownership and management of multifamily complexes for nearly 40 years. “The Property was built in 1922 and has been well cared f...

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, ...

City Planning Commission OKs the proposal for the vacant corner across from homes on 7000 block of Hollister Avenue Hollister Village developers plan to build 33 more apartments in the complex on the 7000 block of Hollister Avenue in Goleta." height="667" width="1000" id="upsize" /> Hollister Village developers plan to build 33 more apartments in the complex on the 7000 block of Hollister Avenue in Goleta.  (Joshua Molina / Noozhawk photo) In a move that has upset some nearby residents , Costa Mesa-based developer Westar Associates wants to build 33 more apartments in Goleta next to the 266 Hollister Village units it has already constructed. Westar Associates took its proposal to the Goleta Planning Commission on Monday night, where it was approved 3-2, with members Ed Fuller and Robert Miller in opposition. Westar already has approval to build a project on that site, which is on the eastern end of the development, with 12,687 square feet of...

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...