News Wire

Loading...

Tuesday, March 24, 2015

Trio of Richman Senior Housing Developments That Accent Miami’s Reemerging Skyline Find Quick Popularity

MIAMI, Fla. (March 24, 2015)–The Richman Group’s trio of affordable senior housing developments that now grace Miami’s reborn West Brickell area is proving the old saying that good things in life come in threes.
The apartments, for adults 55+, leased up in just four weeks after each receiving its certificate of occupancy.
“We did anticipate a quick lease up because there is enormous demand for high quality affordable housing in Miami,” noted Todd Fabbri, Executive Vice President for The Richman Group of Florida, Inc. “The product that we delivered was of the highest quality in a location that has seen very little supply in past years.”

One of the most expensive cities for renters is Miami, where rents, on average, consume 43 percent of the typical household income, up from a historical average of just over a quarter.
Richman Property Services, the management company for the buildings, has received very favorable comments on the location and design.  

Residents are pleased to be in a reemerging West Brickell neighborhood, close to so much including convenient shopping, employment, local museums, parks and restaurants.

“The Brickell area in the City of Miami is one of the few places in Florida that can truly offer an ideal urban living experience,” Fabbri said. “The immediate area is extremely walkable and enjoys world class transit opportunities.  Residents of the Brickell area can enjoy a variety of retail and neighborhood shops, restaurants and neighborhood cafes, and cultural activities.”
The Richman Group revitalized the area along SW 2nd Avenue and 8th Street with its modern architecture enhancing the skyline and providing 185 new units of much needed senior affordable housing in the three multi-level towers (Vista Grande, West Brickell View and West Brickell Tower).
Key to the trio’s success was The Richman Group’s ability to design a highly desirable senior living environment for its residents, tying in the exterior architecture of each building into the entire interior space.  Each building has its own flair from the moment you enter the lobby with vibrant color pallets, contemporary furnishings and superior amenity spaces.  
Amenities within each building include a resident club room with kitchenette and entertainment area, state-of-the-art fitness center, a resident computer center, elevator access, and on-site parking.

The 1 and 2 bedroom apartments feature oversized windows with sweeping views of Miami, ceramic tile floors throughout, fully applianced kitchens, and washer/dryers. 
Developed by The Richman Group of Florida, Inc., an established Florida developer with a respected reputation for providing outstanding, affordable and market rate housing, these three Miami communities reinforce The Richman Group’s commitment to providing new senior, affordable housing in Florida.
The Richman Group of Florida Inc. is an affiliate of The Greenwich, Conn. based Richman Group Real Estate Company and is ranked by the 2014 Multi-Family Executive as the seventh largest owner of multi-family rental apartments in the US.  Richman and its affiliates have developed nearly 20,000 residential units and has owned or asset managed more than 100,000 units.  www.therichmangroup.com.

For more information visit us at www.westbrickellapts.com

Monday, March 23, 2015

Top 10 States for Seniors Housing Construction

By Lindsay Machak
As the baby boomer generation ages, the seniors housing market will become increasingly important in America, experts say.

The number of Americans who were over the age of 65 increased by about five million people from 2000 to 2010, according to a Bipartisan Policy Center report. Meanwhile, about 14.2 million more baby boomers will become seniors by 2020, according to the report.

As the economy improves and many down-sizing baby boomers begin to sell their homes, the need for more units will continue to grow. This momentum will lead to more investors finding additional interest in the market, according to a Marcus & Millichap report focused on senior housing.

The report estimates that 11,600 units of independent living are under construction this year. This number is well-above the 3,000 independent-living units added to the nation’s stock last year. Meanwhile, the report also says there are about 18,900 units of assisted living and 6,800 skilled nursing units under construction this year.

Florida, Texas and Ohio lead the charge in where senior units are being built. Here's the rest of the states with the highest number of senior housing units under construction:

Top 10 Senior Housing Construction States of 2015
1. Florida 4,609 units
2. Texas 3,017 units
3. Ohio 2,442 units
4. Minnesota 2,122 units
5. Illinois 2,011 units
6. California 1,721 units
7. Massachusetts 1,459 units
8. Virginia 1,432 units
9. Colorado 1,379 units
10. Georgia 1,348 units
Source: Marcus & Millichap 

Sunday, March 22, 2015

FCAA Maintenance Professionals Named Maintenance Mania® Champions at UNF

JACKSONVILLE, Fla. (March 22, 2015) – The First Coast Apartment Association (FCAA) spotlighted local property maintenance technicians in the Maintenance Mania® annual nationwide competition at the University of North Florida (UNF) University Center.

Jimmy Garcia of The Lakes of Ponte Vedra was crowned local champion for the second year in a row. Top winners included Brandon Gay, Fieldstone Village, in second and Kyle Slagle, Avesta Mandarin, in third. The top five was rounded out by Matt Metz, Avesta Mandarin, in fourth and Lee Caudill, WRH Realty Services, in fifth.

“It was a very exciting night. The room was packed with spectators and competitors. Congratulations to all the winners,” said Laura Hulsey of Carroll Management, president of FCAA.

Racing against the clock, over 100 participants competed in eight maintenance-focused challenges. Representing local apartment communities, they tested their maintenance skills and knowledge of the industry as they competed to earn the title of the Maintenance Mania® National Champion.

Events included water heater installation, key control, faucet installation, icemaker installation, fire & carbon monoxide safety installation, toilet conversion, and ceiling fan installation. 

The finale of the night was the Race Car Competition. Competitors built a model car using at least three maintenance products or parts and raced it down a pinewood derby-style track. 

Sponsored by HD Supply and in conjunction with the National Apartment Association, local winners of Maintenance Mania will now move on to the next round at the Florida Apartment Association’s annual meeting in October.

“These maintenance professionals are essential to the success and viability of the apartment industry, and HD Supply is extremely proud to be able to help shine a light on such an outstanding group of individuals,” said Eileen Walker of HD Supply.

The FCAA event was one of 70 local events scheduled across the country. Last year, local winners Garcia and Slagle competed at the Nationals in Denver.

Founded in 1979, the FCAA serves the apartment industry in Duval, Clay, St. Johns, Flagler, Putnam, and Nassau Counties.  FCAA’s mission is to promote, inform, and serve the apartment industry through education, legislation, and professional networking.

For more information call (904) 292-1345 or visit www.fcaaonline.com.

Friday, March 20, 2015

Jaguars, EverBank Partners with HabiJax to Build Home

JACKSONVILLE- March 20, 2015 - EverBank and the Jacksonville Jaguars are teaming up again with HabiJax to provide volunteers and funding for the construction of a home this spring.

“Our associates look forward to this every year,” said Rob Clements, EverBank’s chairman and chief executive officer. “We are excited to team up with HabiJax and the Jaguars for the fourth straight year to build a home for this deserving family in our community.”

Construction begins on March 20 and has a tentative completion date of May 8. EverBank associates, Jaguars players, coaches, staff and members of The ROAR Cheerleaders will work on the house throughout the building process.

The family who will live in this home has completed over 300 hours of “sweat equity,” or volunteer service, participated in financial literacy workshops, and provided a down payment to meet HabiJax guidelines and qualify to purchase a home.

“Our partnership with EverBank and HabiJax is a truly rewarding experience,” said Jaguars owner Shad Khan. “We are proud to work on these homes and help build a strong and vibrant community here in Jacksonville.”

EverBank has partnered with HabiJax since 1995, worked on 70 houses, and contributed over 900 associate volunteer hours annually. 

HabiJax is the Jacksonville affiliate of Habitat for Humanity.  To learn more about volunteering with HabiJax and its mission, please visit www.habijax.org.

Generation Homes Enters Flagler Parade of Homes at Beach Haven

PALM COAST, Fla. (March 20, 2015) -- Generation Homes’ entry in the 2015 Flagler Parade of Homes continues to set the standard for Oceanside neighborhood living at Beach Haven in Northeast Flagler County, just eight miles south of St. Augustine. The Parade runs through Sunday, March 29, 2015.

In the Anna Maria, Generation Homes has created an airy 2,400 square foot two-story home at 16 Beach Haven Parkway in Palm Coast that truly enhances peaceful beach living.  The Anna Maria maximizes cool blue ocean views and natural light through the use of large windows, open space, breezy porches and decks, bringing the outdoors in.

“The home exemplifies our unwavering commitment to meet the expectations of new homeowners today, tomorrow and for generations to come,” said Donna Sadowski, Generation Homes’ vice president of sales and marketing.

Classic beach colors such as aqua, coral, and sky, are paired with bright walls, glimmering transom window accents, cottage trim and edgy coastal details to give the Anna Maria a dose of casual seaside sophistication.

Take a moment and get that feeling of relaxation as you step on to the front porch complete with hand-crafted shutters, a sunny yellow painted front door and room to enjoy a lemonade on your porch swing.

The first floor of this home features two bedrooms, a den, and a spacious laundry room, a roomy, bright bathroom, complete with a walk in shower all done in crisp colors, and coastal touches.

The family room with an ocean view blends well with the dining and entertaining areas. The island style kitchen is designed with chic, shimmery, tile backsplash, bringing the colors and waves of the ocean to your cooking space.  Coastal details, such as “ship-lap trim” accent the island and fireplace.  Gorgeous, sand colored wood floors balance out the entire open living space, along with a touch of boat cable to tie it all together.

The master suite features ample space for rest, and a walk- in closet to store your beach fashions, and flip flops.  The master bath is your own private spa space, with a glass walk-in shower in tile, polished stones, and a separate soaking tub.

“The Anna Maria features the newest elements in modern coastal living and design.  Our building techniques, floor plans and ability to work closely with homebuyers to meet their custom needs fits well in this Old Florida beach cottage community,” said Cora Johnston, president of Generation Homes.

In addition to the ocean coastline, Beach Haven features an outdoor pavilion, resort-style pool, lake with a walking bridge, along with a trail system, providing an assortment of leisure activities.

Generation Homes has built the Anna Maria to withstand the test of time, and for   families to enjoy lazy summers, spring breaks, celebrations, and beach living for many years to come.

Beach Haven on A1A in Palm Coast just north of historic Marineland. Take Interstate 95 to Exit 289. Go east on Palm Coast Parkway, towards the beach, continue over Hammock Dunes bridge toll road approximately three miles. Turn left on Camino del Mar Parkway. Turn right on A1A continue 5.6 miles. Turn left on Beach Haven Parkway.

For more information on Generation Homes in Beach Haven call Donna Sadowski at (904) 955-4769or visit www.generationhomesusa.com.

Friday, March 13, 2015

GREEN BUILDING: Goodman Selected for the Mayor’s Award for Environmental Stewardship

JACKSONVILLE, Fla., – Mayor Alvin Brown hosted the 23rd Annual Mayor’s Environmental Awards Luncheon, which highlighted the accomplishments of local organizations, companies and individuals in environmental awareness and advocacy.  Each award was presented by the mayor and leaders of local organizations.

“Everyone has a responsibility to be a steward of our environment,” said Mayor Brown. “The individuals and organizations we’re honoring today not only accept this responsibility, they embrace it. Jacksonville is fortunate to have great people who care so deeply and passionately about protecting our great natural resources.”

Fourteen local environmental organizations presented awards to individuals and groups for their outstanding contributions in preserving the local environment. The award recipients and categories include:

City Beautiful Jax:
·         Beauty is Good for Jacksonville Award – Scenic Jacksonville and William D. Brinton
·         Beauty is Good for Neighborhoods Award – The Florida Times-Union

Duval Audubon Society:
·         Carolyn Antman

Environmental Protection Board
·         Charles E. Bennett Champion of the Environment Award – Richard Maguire (posthumously)
·         Christi P. Veleta Environmental Award – Dr. Quinton White
·         DCPS Environmental Champion Award – Amanda Polematidis, Landmark Middle School
·         Individual – Pamela Fellabaum
·         Government/Institutional – DCPS Green Champions
·         Community/Civic – Late Bloomers Garden Club
·         Business – Citi

Florida Department of Environmental Protection
·         Environmental Excellence Award – BCR Environmental

Greenscape of Jacksonville, Inc.
·         Canopy Award Outstanding Corporate Organization – TD Bank
·         Canopy Award Outstanding Civic Organization – Springfield Preservation and Revitalization

Jacksonville Zoo and Gardens
·         Bob Chabot

Keep Jacksonville Beautiful
·         Middle School Award – Landmark Middle School
·         High School Award – Sandalwood High School
·         Exceptional Student Center Award – Palm Avenue Exceptional Student Center
·         College/University Award – Edward Waters College
·         Organization Award – Cache Station Geocachers
·         Government Award – Naval Air Station Jacksonville
·         Individual Award – Susan Carew
·         Business Award – New Age Hippy

Public Trust Environmental Legal Institute
·         Behind the Scenery Award – Bill Brinton

Sierra Club Northeast Florida
·         David Jaffee

St. Johns Riverkeeper
·         Volunteer of the Year, 2014 – Peter and Beth Welch
·         Educator of the Year, 2014 – Mayport Coastal Sciences Middle School

St. Johns River Alliance
·         River Champion Award – Patricia Northey

Timucuan Trail Parks Foundation
·         Richard Skinner

Tree Hill, Inc.
·         T.R.E.E. Award – Ana MacReynolds

U.S. Green Building Council North Florida
·         Melissa Ross

Also honored was Barbara Goodman, receiving the Mayor’s Award for Environmental Stewardship for her 17 years of service at the Timucuan Ecological and Historic Preserve and her tireless advocacy on behalf of the preserve and the environment. The Mayor’s Environmental Award was given to Bill Brinton for his more than 25 years of advocacy to eliminate visual pollution and billboards in the city. This award is presented annually to an individual or group with recognizable efforts in protecting, restoring, enhancing and preserving the environment.

Wednesday, March 4, 2015

With U.S. Rental Demand Rising and Supply Limited, Apartment Industry Details Key Priorities for Congress

WASHINGTON, D.C. — With historic growth in renter demand since the Great Recession, and millions more renter households forming over the next decade, the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) released their 2015 priorities for the 114th Congress.

These key priorities are focused on ensuring that the $1.1 trillion apartment industry can meet the needs of today's 37 million renters who live in an apartment home. NMHC and NAA emphasized that the significant and growing U.S. rental housing demands are the driving force behind their joint policy and legislative priorities.

"For the fourth time in the past five years, 2014 saw an increase of more than 1 million new renters. Additionally, over the past decade, 8 million rental households were created, which is the highest number on record," said NAA President and CEO Douglas S. Culkin, CAE.  "The surge in apartment demand has outstripped supply. As a result, we need to be building an estimated 300,000 to 400,000 new apartments a year to meet expected demand."
"The apartment industry contributes millions of jobs to the U.S. economy. Therefore, we need public policies that will not obstruct our ability to provide housing and jobs to the families, workers, and state and local communities that directly depend on our industry," said NMHC President Doug Bibby. "Our priorities for this Congress provide a roadmap for effectively accomplishing that important and pressing task."

Specifically, the 2015 NMHC and NAA joint policy and legislative priorities include those that are top of mind—such as housing finance, tax and immigration reform, and emerging issues including energy policy, data security, telecommunications, ensuring government regulation is rooted in research and more:

  • Housing Finance Reform: Ensure housing finance reform proposals include a federal guarantee and recognize the unique characteristics of the multifamily industry.
  • Tax Reform: Support tax reform that promotes economic growth and investment in rental housing without unfairly burdening apartment owners and renters relative to other asset classes.
  • Immigration Reform: Seek immigration reform that improves temporary worker visa programs and prevents apartment firms from being required to enforce immigration laws.
  • Energy Policy: Ensure that national energy policy limits reliance on inflexible codes and mandates, and supports new research and incentive-based strategies, as well as trusted energy and building technology programs.
  • Data Security: Advance sensible privacy and data security policies.
  • Telecommunications: Protect apartment owner and resident interests as policymakers consider in-building and outdoor coverage and capacity issues.
To view the industry's full 2015 priorities, visit: www.nmhc.org/NMHC-Policy-Agenda or www.naahq.org/governmentaffairs.

More than 350 apartment industry professionals will meet with members of Congress on March 17-18 to discuss these and other important issues as part of the NAA Capitol Conference.