Tuesday, January 20, 2015

Investors score big in Des Plaines apartment sale

Investors score huge in Des Plaines flat sale

An endeavor headed by Greg Moyer sold the Park Colony flats, a 239-component property just east of Interstate 294, for $ 24.8 million, more than twice the $ 10.6 million it paid for the complex in 2010, according to Cook County property records. The endeavor …

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Deadline for Gastineau Flats sale nears

From the exterior looking in, the Gastineau Apartment building has been sitting — and moldering — since the Nov. 5, 2012 fire that left the building uninhabitable. The City and Borough of Juneau Assembly has tired of waiting to see it fixed. Now …

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Following sale, downtown Crowne Plaza to be largely apartments

The Crowne Plaza St. Louis resort has been sold and will be converted to a combined-use project which is going to be mainly residential flats. The hotel, which sits at 200 N. 4th St., sold for an undisclosed sum to 200 STL Holdings, an LLC that records Julie …

Read more on St. Louis Business Journal



China Cities Sign Property Crash By Blocking Apartment Sales

Afterward last week the Wall Street Journal reported that Hangzhou, in coastal Zhejiang province, blocked the sale of nearly all the flats in Kaisa's 749-unit Xixi Puyuan job. The Journal, in a cryptic passage, raised the chance the …

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The post Investors score big in Des Plaines apartment sale appeared first on The Real Estate News.


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