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Atlanta company buys Deerwood Village apartments for $34 million - News - Ocala.com

Tenants can expect renovations — as well as increased rents. By Richard AnguianoBusiness editor An Atlanta real estate investment and management company has bought Deerwood Village apartments for $34.15 million and tenants can expect renovations — as well as increased rents. Cortland Partners had been interested in the complex because of the company’s “regional footprint” with properties in Jacksonville, Gainesville, Orlando and Clermont, according to John Builder III , the company’s director of investments in Florida. “The ‘big-house’ design is a market differentiator that Cortland was interested in and after completing due diligence in Ocala, we discovered a lot to like about the market as a whole,” Builder wrote in an e-mail, adding that company officials were sold on the area’s “ great job drivers ” and low cost of living. Deerwood Villages is a 328- unit complex built in 2006 on 40 acres at 1850 SE 18th Ave . and features garden-style, or what the company calls “...

Reno rent market at record-high prices, near-zero vacancy

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Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City. (Andy Barron/The Reno Gazette-Journal via AP) Photo: Andy Barron, AP / The Reno Gazette-Journal" class="landscape" /> residential development during the recession gave birth to a classic supply-and-demand scenario that saw the cost of housing skyrocket in the Biggest Little City. (Andy Barron/The Reno Gazette-Journal via AP) Photo: Andy Barron, AP / The Reno Gazette-Journal" class="landscape" src="src" /> Damonte Ranch area is a sign of the city's need for housing in Reno, Nev. The recent influx of new workers combined with near-zero residential development during the recession gave birth to a classic supply-and-demand scenario that ...

Self-Storage Demand Remains Strong as Supply Grows

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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...

Building Playa Vista

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‘The physical incarnation of the new L.A.’ gets ready for launch By Joe Piasecki Playa Vista as seen last week from the Loyola Marymount University campus. Photo by Michael Kraxenberger. It isn’t every day that the leader of a sprawling metropolis takes time out to preside over the grand opening of a movie theater. But this wasn’t just any multiplex, Los Angeles Mayor Eric Garcetti would explain. Last Thursday the nine- screen Cinemark Playa Vista and XD theater became the first business to open in Runway at Playa Vista — the $260- million retail and entertainment complex that, by linking the 460- acre development ’s burgeoning technology mega -center to what will eventually be 6,000 new homes and apartments, completes Playa Vista as essentially a city unto itself. Less than two years after its April 2013 groundbreaking, Runway is only months shy of substantial completion. A 36,000-square-foot Whole Foods Market is set to open as early as May. Sixteen other businesses — restauran...

Saxony Apartment Building

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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...