Monthly Archives: August 2022

By Emma Ockerman The median rental price for a one-bedroom apartment in Fresno or Tulsa has risen about 40% over the past year Renters have yet another reason to dread the first of the month: More than half of U.S. cities have seen double-digit rent increases in the past year, according to a new report […]

RALEIGH, NC — As more people and businesses begin moving to Raleigh, a new report ranks the area ninth in the nation for apartment shortage. What do you want to know The Raleigh area just ranked ninth in the nation for apartment shortages, according to the National Multifamily Housing Coalition and National Apartment Association The […]

Steve Purdy, a sergeant with the Willard Police Department, was on a fairly normal shift on Friday, August 12 when a call came in around 11 p.m. about a pregnant woman who worked in apartments near the police station. “As I was close, I decided to go ahead and head in that direction and see […]

OMAHA, Neb. (WOWT) – If you live in an apartment complex or multi-family unit and an appliance breaks down, or your HVAC shuts down, you’re probably going to call your facility’s maintenance team. But these days, those workers are hard to find. “The need is greater than ever,” says Rhonda Pederson, executive director of the […]

The flames “burned the roof” off a building early Monday, York Springs Fire Chief Albert Leer said. No injuries resulted from the 3:42 a.m. fire at 115 Atlantic Ave., but Leer estimated structural damage at $50,000 to $75,000. Smoke detectors woke residents, who “opened the bedroom door and saw a lot of smoke,” Leer said. […]

Northwestern Mutual Wealth Management Co. raised its stake in the shares of Mid-America Apartment Communities, Inc. (NYSE: MAA – Get a rating) by 73.3% in the first quarter, according to its most recent Form 13F filed with the Securities & Exchange Commission. The institutional investor held 3,234 shares of the REIT after purchasing an additional […]

Nashville-based real estate firm Carter-Haston paid $26.3 million for the Music Row Note 16 apartment building. The seller of the property, located at 1226 16th Ave. S., was an LLC affiliated with Seattle-based Security Properties. The LLC paid $19,325,000 for the five buildings in early 2016, according to Metro records. Opened in 2012 and with […]

PORTLAND Ore. (KPTV) – It seemed surreal to some residents of a southwest Portland apartment complex when they saw smoke billowing from the ground in front of one of their buildings on Wednesday night. Shannon Campbell was in her apartment on Southwest Condor Avenue when her neighbor started screaming about the smoke billowing from the […]

LAS VEGAS, Nev. (FOX5) – Caution tape is now blocking the Karen West apartments. Signs were placed on each door Saturday advising residents that the building is habitable and that they should move out. The building suffered severe water damage during a storm at the end of July, then last Thursday’s downpour made the situation […]

A local investor paid $2.7 million for a 38-unit apartment complex at 215 McMillan Ave. in Bay Minette, according to Jacob Napper of Gulfbelt Properties, who represented the buyer. Jonathan Keith of Keith Realty worked for the seller. Known as Bay Apartments, the new owner plans to rename it Cypress Crossing. Peritas Brands has leased […]

The Alaska Permanent Fund Corporation and Apartment Investment and Management Company (AIMCO) have formed a joint venture in which the fund will invest up to $1 billion in future multi-family developments led by Aimco. These properties would be primarily concentrated in the high-growth submarkets of South Florida and the Washington, D.C. and Denver metro areas, […]

One of the largest planned apartment complexes in Hamilton County is facing stiff opposition from neighbors. A large group attended a session of the county commission’s agenda on Wednesday to voice concerns primarily about increased traffic. The commission is due to vote on a rezoning application at 8699 Hickory Valley Road next Wednesday. Mike Price, […]

The 280-acre Rivulon development – home to companies including Deloitte, Isagenix International and Morgan Stanley – wants to add 352 apartments. Owner Nationwide Realty Investors is seeking a rezoning and minor master plan amendment for high-density multi-family buildings on 10.31 acres near the southwest corner of Lindsay and Pecos Roads. The site is located in […]

An investigation is underway in Tuscaloosa after two men were stabbed in an apartment complex Friday night. At the scene, the police found two stabbed men. Both were transported to the DCH Regional Medical Center for treatment. One of the victims has injuries that could be life-threatening. Police said they were “not looking for anyone […]

A downtown Denver apartment complex recently had shattered windows on balconies. Windows shattered at Eviva on Cherokee Apartments at 1250 Cherokee St., said Marty McKenna of the Equity Residential real estate investment trust. He did not provide any further comments regarding the delay or the number of broken panels. “We currently have our operations team […]

Rick Bannan / [email protected] A developer looking to build hundreds of apartments off West Main Street in Battle Ground is looking to take advantage of a state law that allows tax breaks for projects offering affordable housing. At its July 18 meeting, the Battle Ground City Council voted 4-3 to begin work on an amendment […]