Since 1999, Evergreen has closed private placements for 21 'Collegiate Living' and general use garden apartment
communities, 13 single-tenant, net lease office buildings and one self-storage facility.
The University Heights at Tallahassee Apartments is an 876-bedroom garden apartment
community located at 2915 Sharer Road that also serves Florida A&M and Tallahassee Community College.
Evergreen Development, LLC today announced the $29,850,000 purchase of a 288-unit, 816 bedroom "Collegiate Living" garden apartment
community for off-campus housing in San Marcos, Texas serving Texas State University.
One of the first American housing developments to mix residential, commercial and social uses, The Garden Apartments
was built in 1929 by Julian Rosenwald, the chairman of Sears, and his nephew, architect Ernest Grunsfeld (who also designed the Adler Planetarium, at the behest of Rosenwald's brother-in-law, Max Adler).
On December 31, 1992, Kurtz purchased Forest Hill Terrace, a 480-unit garden apartment
complex in Newark from Midlantic National Bank of Edison.
Evergreen Development, LLC today announced the $34,100,000 purchase of a garden apartment
community designed for off-campus living near the University of Auburn in Alabama.
In the second half of 2004, we developed a niche and found an eager market for special types of garden apartments
for student housing that we have offered as 'collegiate living' alternatives," McCarthy said.
Associates, LLC for Continental Garden Apartments
, a 236-unit
Professional Builder magazine also presented its Best In American Living Silver Award for Best Rental Development to Firestone and it won the Texas Association of Builders Texas Star Award for Best Garden Apartments
To better facilitate a transaction, the Advisor and the Property Manager agreed to accept the transfer of 100% of those interests in the garden apartments
in lieu of cash in satisfaction of all fees due to them under their agreements.
Cypress Garden Apartments
, located at 520 Hibiscus Drive, is a class B property that was built in 1972.
The newly-constructed three-story garden apartments
will be comprised primarily of two-bedroom/two-bath units, but will feature some four-bedroom/two-bath units as well.