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Built in 1974 under New York’s Mitchell-Lama program, Lakeview Apartments’ four buildings comprise roughly 1.2 million. A representatives for Red Mortgage Group did not immediately respond to an.
An affiliate of an investment group led by Connecticut-based JCS Capital LLC has closed on buying the long empty Commonwealth building on Fourth Street and has taken out of a $21.8 million mortgage on.
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Shontelle owns an apartment house that has an adjusted basis of $760000 but is. him $120,000 in cash and an office building with a fair market value of $780,000 at the time. dave assumes the $192,000 mortgage in the apartment house.
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KANSAS CITY, MO – Cohen-Esrey Development Group, an Overland Park-based housing development firm, announced the kick-off of the conversion of a seven-story office building in Kansas City, MO into a luxury apartment project.
· Housing starts faltered in July on an abrupt slowdown in apartment construction and a modest decline in single-family homebuilding that shows the industry will do little to spur the economy, Commerce Department data showed Wednesday.