West
Vulcan Begins Stack House Project in Seattle
Vulcan Real Estate has broken ground on yet another Seattle property, the Stack House, a mixed-use apartment and office development located in the Cascade neighborhood of the city’s South Lake Union district.
LA Affordable Housing Development Opens on School District Land
Rio Vista Apartments, the first joint-use development in Los Angeles County that combines affordable housing and an Early Education Center on school district surplus land, has opened.
Honolulu to Market City-Owned Affordable Housing
The City and County of Honolulu has selected CBRE Group to market its entire portfolio of affordable rental housing communities, with the intention of transitioning ownership of the housing to private ownership.
Archstone Buys Washington State, California Properties
Archstone has acquired a 131-unit apartment complex in Kirkland, Wash. It sold for about $47.5 million and will be renamed Archstone Kirkland at Carillon Point.
Decron Properties Spends $56M on Santa Clara Multifamily
By Gail Kalinoski, Contributing Editor Santa Clarita, Calif.—Continuing its recent focus on the multifamily market, Decron Properties has acquired The Madison at Town Center, a Class A, 264-apartment community in Santa Clarita, Calif., for $56.5 million. Decron, a Los-Angeles based real estate investment company, has now purchased 1,500 units in the past 18 months. The Madison was built in 2004 as a luxury, 341-unit apartment complex. A year later, it was converted to condominiums when Prado Town Center West LLC bought the property. Between 2006 and 2007, Prado sold 77 condo units. The remaining units have been used as rentals….
Name Change a Success for Luxury Apartments
Real estate firm Alliance Residential has rebranded its luxury building Alta Hollywood as rubix hollywood to invoke the feel of a high-energy, urban lifestyle.
San Luis Obispo Welcomes Green Affordable Housing at The Village at Broad Street
The town of San Luis Obispo recently celebrated the grand opening of a new affordable housing complex known as The Village at Broad Street Family Apartments.
Primera Terra, a Post-Recession Redesign Success
The design plan for Primera Terra was forced to change with the times, and now that change has gotten a major stamp of approval.
Award-Winning Seniors Community Highlights Importance of Accessibility
KTGY Group Inc., Architecture + Planning, announced their new community Foursquare Senior Living in Portland, Ore., which is expected to commence construction in the spring of 2012.
Bridge Housing Buys Site in Marin County for Affordable Multifamily
Bridge Housing Corp., one of California’s largest nonprofit developers and owners of affordable housing, has bought a 3.5-acre site in unincorporated Marin County. The company plans an affordable housing development for the site.