712 Lamont St Apartment Complex Case Study

In 2005, “Destiny USA”, a green-promised project of Destiny USA Holdings, considered as the borrower, was funded by three sources which are Destiny Holdings, bonds provided by the City of Syracuse Industrial Development Agency (SIDA), and loans (nearly $155 million) issued by Citigroup Global Markets Realty Corp as the lender. After that, the parties officially came into a construction loan agreement which clearly stated the roles and responsibilities of all parties in the project. Specifically, Citigroup would perform as a lender and an agent, in charge of funding money from the remaining parties ($365 million in total). After seventeen construction disbursements without any problems, the lender indicated Deficiencies under the agreement with the Tenant Improvement Costs (TI Costs) in its calculation. Subsequently, the lender started sending Deficiency notices to the borrower every month, and on May 20th, 2009, after sending an out-of-balance notice that the Deficiencies were over $15 million and getting no cure from the borrower within 10 business days, the lender stopped disbursing the remaining construction proceedings (at that time the project was almost 90% complete). Consequently, the borrower sued the lender in order to look for a preliminary injunction requesting the lender to maintain the funding for the

Leasing projects were down, the market was becoming distressed, the architect was behind, and the project had been shared

Councillor Joe Cressy is a great supporter of the park and believes the city needs to commit to building the new parkland even though the budget might be tight due to other necessities like transit.

The Millegan Creek Apartment case is an example of a commercial loan. The parties involved in the commercial loan are JP Multifamily Inc. and Fleet Bank. Real Estate group at Fleet Bank want to find out whether or not to accept JPI’s proposed $15,715,000 loan for a 390-unit apartment project in Austin, Texas. The details about the each party, market and financial analysis of the project is outlined below.

Given the information, this project seems promising for success assuming high occupancy levels. The Millegan Creek Apartments would be a 390 unit apartment project in Williamson County, for a proposed $15,715,000 loan. It would be about 11 miles northwest of the CBD and close to many of Austin’s high tech companies. This location would be beneficial because it can service many of the high tech companies’ employees and since the apartments are being built as a typical luxury apartment complex, it will be more appealing to these employees. JPI had begun to search for the ideal location for the Millegan Creek Apartments in 1993. They sought an area with employment

Upon arrival Officer Prugel and I Officer Butram spoke with Daniel Wolfe, Bud Wolfe, and Charmin Wolfe. Charmin and Bud stated they were having a problem with their son Daniel. Bud stated Daniel was arguing with his mother about her not giving him money to go get food.

Located in the Arlington, Texas, and just twelve miles from Fort Worth, Arlington Villa Apartments is a retirement community that offers assisted living. The apartments are located in an area that is in a residential area, but restaurants, shopping, and entertainment are just minutes away. While public transportation is not close by, the facility does offer transportation for residents and even have regularly scheduled outings for residents.

On 10-08-16 at approximately 1555 hours, Officer Harrell #3441 and I contacted Marin at 384 E. Orange Grove Boulevard, Pasadena. The area is commonly known for male Hispanics drinking alcoholic beverages in public and contacts for public intoxication have resulted in arrest. A records check was conducted on Marin which revealed an outstanding warrant for his arrest. A pat down search was conducted on Marin. Marin was asked in the field if he had any contraband in his possession, which included narcotics. Marin stated he did not have any narcotics or contraband. Marin was arrested on the warrant and taken to Pasadena City Jail for booking. While inside of the jail, Marin was again asked if he had any narcotics in his possession, which he denied.

At the time of the subject accident, the Plaintiff was working as an employee for Oak Lease Service Company, LLC (“Oak Lease”). The Plaintiff was not an employee of this Defendant. At the time of the accident, Oak Lease was working under a Master Service Agreement with this Defendant to provide services related to this Defendant’s production of oil and gas. This Defendant had also entered into a Master Service Agreement with American Oilfield Supply, Inc. According to the Plaintiff, Bill Perry, an employee of American Oilfield Supply, Inc., and Jorge Espinoza, an employee of Oak Lease, were directing and/or supervising the Plaintiff at the time of the subject accident.

In summary, on 09/28/15 at 0240 hours Ofc. F. Auriemma #224 and I were dispatched to 2134 S. 54th Ave. in regards to an unwanted party.

When it comes to a convenient location, Hulen Heights Apartments, located in Fort Worth, Texas, makes the top of the list. Close by to many of the best restaurants and coffee shops, residents can find everything around them as well as shopping centers and entertainment. While you can walk to these amenities in the neighborhood, you will find public transportation available to take you to those that are further away.

When it comes to renting commercial space, tenant improvement allowances play key role in the comparing commercial lease terms. Even the most savvy business owner may not know what allowance to ask for, or how to successfully negotiate the terms with the landlord. This is a vital skill, one that must be mastered in order to reap maximum benefits and achieve the organizations goals and vision for the space. If your company is considering the possibility of renting space in Silicon Valley, here are some tips for negotiating tenant improvements that will help assure your needs are met.

Dogs may be a mans best friend, but their waste is not. For the residents of One Brooklyn Bridge Park Condominiums, their ongoing matter of waste layering all parts of where they call home has become an epidemic. Having to indoor walking through corridors and lobbies littered with feces, urine, and other dog waste on a daily basis has caused extreme discomfort among residents, as well as being exceedingly expensive and time consuming to clean. As a response to this persistent problem the board has decided to implement an ordinance that all dogs living in the building must have their DNA registered. Through a service called Poo Prints the board can send register each dogs DNA and send in samples of waste for DNA testing. Then the board can discover

As you are all aware, last week Council gave the tick of approval for the Flexible Future project to move forward in endorsing a complete $28 million dollar redevelopment of the Anderson Street offices in Lilydale.

Mr Nguyen, here is the proposal to crack seal, sealcoat and restripe the Cedars Apartment's parking lot.