Plentiful Affordable Housing Spreads in Santa Monica

March 18, 2011 / Russell Legato, Residential Property Analyst
Plentiful Affordable Housing Spreads in Santa Monica Affordable housing in the United States is hard to come by, but in Santa Monica, California, housing units are still available. According to Jim Kemper, Housing Administrator at Santa Monica, there are still 4000 affordable housing units, about 8 percent of the total rentable units available all over the city, which are not localized in one area alone. In Los Angeles, inline with affordable homes and apartment units, Watts Labor Community Action Committee and Affordable... »

Struggle for Justice – Condominium Development Near Riverbank

March 16, 2011 / Russell Legato, Residential Property Analyst
Struggle for Justice – Condominium Development Near Riverbank Two zoning applications for a condominium development are in question as residents in Cannondale, Fairfield County, Connecticut, filed for a public hearing concerning the project’s environmental impact. The public hearing, held recently, tackles the zoning requests for the 25-unit condominium, which will be built near the Norfolk River — a river in Southwestern part of Connecticut, about 23 miles long. In Canada, another group of residents filed for a petition to a condominium development along... »

Luxury Home with 360-degree View of Manhattan Skyline, Sold

March 15, 2011 / Russell Legato, Residential Property Analyst
Luxury Home with 360-degree View of Manhattan Skyline, Sold Recently, the American billionaire philanthropist, Eli Broad, originally from Detroit, Michigan, who presently resides in Los Angeles, California — but not anymore as he sold his luxury home to Bedford Falls LLC for $8 million. The co-founder of KB Home and the founder of the Broad Foundation, according to the Manhattan city property records, sold his luxury home — Unit 33T within the Sherry-Netherland hotel. Another big-name individual, actor Nicholas Cage was the owner another... »

Hawaii Vacation Homes Now Open to the Public

March 09, 2011 / Russell Legato, Residential Property Analyst
Hawaii Vacation Homes Now Open to the Public The Parrish Collection Kauai in Hawaii has announced recently the expansion of its Poipu vacation homes and rental services to Kauai’s north shore area including the island’s Hanalei Bay homes, as well as the Princeville vacation rentals. Experienced staffs will be passing the same level of service to the vacation homes, according to company information, the same accommodations The Parrish Collection is popular for. Another vacation homes in Mexico is also up for guests and... »

Augusta City Turns Housing Project into Apartment Buildings

March 08, 2011 / Russell Legato, Residential Property Analyst
Augusta City Turns Housing Project into Apartment Buildings Public housing located at Sand Bar Ferry Road in August, Georgia were all put-down to be replaced by apartment buildings funded by the Housing Authority of the city. The initial construction already underway as work for the wooden framework for the apartment buildings is now in place — the start of several mixed-income development project that the city hopes replace majority of its public housing. Another housing project funded by a local government is underway.... »

The Perfect Retirement Community Near Hollywood

March 04, 2011 / Russell Legato, Residential Property Analyst
The Perfect Retirement Community Near Hollywood Groundbreaking for a master planned retirement community was announced recently by Foursquare Foundation. The retirement community — Foursquare Senior Living, a residential community is located at Echo Park, a hilly historic neighbourhood in Los Angeles, California, northwest of Downtown Los Angeles and southeast of Hollywood. The $10 million senior housing development is designed by KTGY Group, an architectural firm. Another long-term care retirement community, Ingleside at Rock Creek will also be developing an additional 15... »

Casinos in a Basement – Future Standard for Student Homes?

March 03, 2011 / Russell Legato, Residential Property Analyst
Casinos in a Basement – Future Standard for Student Homes? Real estate company that specializes in office, industrial, retail, and golf course, Crescent Resources, take another step with the development of a new student homes concept within the University of Texas. The real estate company is bringing a new and innovative concept the creation of the student homes for university students. Circle West Campus, the student homes development, according to company information, will be located at the intersection of Longview Streets and West 25th. Another student... »

Hawaii Luxurious Condominiums Sold Like Pancakes Kicking Whole Market

March 02, 2011 / Russell Legato, Residential Property Analyst
Hawaii Luxurious Condominiums Sold Like Pancakes Kicking Whole Market A real estate developer based in Hawaii has recently made $6 million for selling several luxurious condominiums in Lanai — which were left unsold after the housing crisis. Castle & Cooke, Hawaii’s Manele Resort developer auctioned of five condominiums with the help of Accelerated Marketing Partners, an auction firm, in January, which generated about $6 million sales. In another U.S state, luxurious condominium apartments were also auctioned off recently in New York City — 30 percent... »

Mass Foreclosures Bring Rental Properties Up, Single-Family Homes Down

February 28, 2011 / Russell Legato, Residential Property Analyst
Mass Foreclosures Bring Rental Properties Up, Single-Family Homes Down Worth $200 million rental apartments with 654-units residential building will be breaking ground this June in Seattle as Toronto-based real estate investment advisor — Bentall Kennedy wager that constructing new building would be cheaper to buy than to assume foreclosed properties, as demand for rental properties spiked. Foreclosed properties parades the real estate market for the past few years, and the foreclosure crisis increases the demand for rental properties such as luxury apartments. In Scotsdale,... »

Apartment Rental for Hour? Not Yet

February 27, 2011 / Russell Legato, Residential Property Analyst
Apartment Rental for Hour? Not Yet Short term apartment rentals are now available in Port Saint Lucie, Florida, through Kitterman Woods Luxury Apartment Homes, a company that offers luxury apartment living Port Saint Lucie. The company’s short term apartment rentals is said to offer more flexibility to renters and options for a permanent housing in the future. Fort Lauderdale, Florida, is also having short term rentals in the area — which starts less than a month or longer. Hundreds of property... »

Condo & Apartment News

News for condominiums and apartments are mostly about recent developments and projects of this area in the United States and around the World – about luxury condos and other high-rise residential towers or buildings, which have complete amenities for a modern living and suitable for young professionals and single-families.