Dilapidated Riverview warehouse to get new life with apartments, restaurant, shops
A planned transformation of the long-empty Des Moines Cold Storage warehouse has won state brownfield tax credits
Source: yahoo.com
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Clinic where Beaverdale, Waveland, Merle Hay converge to be torn down
A neglected and long vacant former clinic has been sold and will be transformed into new housing and commercial ventures over the next two years.
Source: desmoinesregister.com
Madison rental residential complex sells for $15.3M
Knoxville company pays $136.6K per unit for Orchard Park Apartments
Source: nashvillepost.com
N.J. company pays $22.82M for Madison apartments
Concordia’s purchase of Falcon View is equivalent of $140K per unit
Source: nashvillepost.com
Madison apartment complex sells for $16M
Located at 135 Brink Haven Ave., Madison Flats opened in 1959 and offers 154 units in multiple two-story buildings. The new owner is 135 Brink Haven LLC, which is affiliated with New York-based JEM Holdings LLC. The seller was Nashville-based Covenant Capital Group, which paid about $8.18 million in January 2018, according to Metro records. Covenant gave the property a major upgrade after the purchase, according to the Madison Flats website. Covenant is known for acquiring apartment buildings, upgrading them and then selling. For example, in mid-2017 the company finalized a $27.3 million sal...
Source: nashvillepost.com