12/18/2009
MAPLEHURST PROPERTIES ATTRACT BID OF NEARLY $4.5M
(Source: KnoxNews.com)
Steve Hall's firm is upping its stake in the Maplehurst neighborhood. Knoxville Maplehurst Properties LLC submitted the only bid, of nearly $4.5 million, at a Friday foreclosure auction for several properties in the area nestled between the UT campus and downtown Knoxville.
MAPLEHURST PROPERTIES ATTRACT BID OF NEARLY $4.5M
(Source: KnoxNews.com)
Steve Hall's firm is upping its stake in the Maplehurst neighborhood. Knoxville Maplehurst Properties LLC submitted the only bid, of nearly $4.5 million, at a Friday foreclosure auction for several properties in the area nestled between the UT campus and downtown Knoxville.
08/01/2009
UNIVERSITY APARTMENTS SET FOR ‘EXTENSIVE OVERHAUL’
(Source: Johnson City Press)
Dominion Development and Empire Construction have big plans for the University Apartments, which Knoxville-based Dominion purchased for $2,150,000 in a sale that closed Thursday. Built in 1970, the 103-unit complex will get a complete makeover, Dominion’s Ray Heath said, and should be ready for reoccupancy by February.
UNIVERSITY APARTMENTS SET FOR ‘EXTENSIVE OVERHAUL’
(Source: Johnson City Press)
Dominion Development and Empire Construction have big plans for the University Apartments, which Knoxville-based Dominion purchased for $2,150,000 in a sale that closed Thursday. Built in 1970, the 103-unit complex will get a complete makeover, Dominion’s Ray Heath said, and should be ready for reoccupancy by February.
07/22/2009
SMYRNA APARTMENTS SELL FOR $5M
(Source: Nashville Business Journal)
Enon Springs, a 128-unit apartment complex in Smyrna, has been sold for $5.15 million to a Knoxville developer. Long Island, N.Y.-based BRT Realty Trust sold the property to Dominion Development of Knoxville, Cushman & Wakefield announced this morning.
SMYRNA APARTMENTS SELL FOR $5M
(Source: Nashville Business Journal)
Enon Springs, a 128-unit apartment complex in Smyrna, has been sold for $5.15 million to a Knoxville developer. Long Island, N.Y.-based BRT Realty Trust sold the property to Dominion Development of Knoxville, Cushman & Wakefield announced this morning.
05/14/2009
“MIDTOWN” MAKEOVER, A NEWLY RENOVATED APARTMENT BUILDING COMPLETES BEARDEN’S CHIC APPEAL
(Source: Metro Pulse)
Bearden’s gone upscale, but it hasn’t gone up. It remains a relatively low-rise commercial strip backed up by suburban neighborhoods of single-family housing. There is, however, one rather notable exception. The tallest building in Bearden by far, 414 Forest Park, would be taller than many downtown buildings, too. And, like many of the residential buildings downtown, it’s fresh from a recent renovation.
“MIDTOWN” MAKEOVER, A NEWLY RENOVATED APARTMENT BUILDING COMPLETES BEARDEN’S CHIC APPEAL
(Source: Metro Pulse)
Bearden’s gone upscale, but it hasn’t gone up. It remains a relatively low-rise commercial strip backed up by suburban neighborhoods of single-family housing. There is, however, one rather notable exception. The tallest building in Bearden by far, 414 Forest Park, would be taller than many downtown buildings, too. And, like many of the residential buildings downtown, it’s fresh from a recent renovation.
03/08/2009
NEW AND FAMILIAR: ACCOUNTING FIRM FINDS ANOTHER INTERESTING HOME
(Source: KnoxNews.com)
A local accounting firm's grand experiment in architectural re-imagining is coming to an end. Its newest experiment is about to get started, though. Since 1992, Pershing Yoakley & Associates has operated out of One Perkins Place, the former Perkins Elementary School that opened in 1927 and is located on Portland Street, just west of the Concord Street-Sutherland Avenue intersection.
NEW AND FAMILIAR: ACCOUNTING FIRM FINDS ANOTHER INTERESTING HOME
(Source: KnoxNews.com)
A local accounting firm's grand experiment in architectural re-imagining is coming to an end. Its newest experiment is about to get started, though. Since 1992, Pershing Yoakley & Associates has operated out of One Perkins Place, the former Perkins Elementary School that opened in 1927 and is located on Portland Street, just west of the Concord Street-Sutherland Avenue intersection.
03/08/2009
A MODEL MILL AND A NEW STANDARD?
(Source: Metro Pulse)
Preservationists often encounter abandoned historic mills these days. The withering of the textile industry in the United States left hundreds of them sitting empty and vulnerable around the country - but especially in the South where the industry was the backbone of many local economies. Some people see them as massive white elephants only valuable for the bricks that form them and the land under them.
A MODEL MILL AND A NEW STANDARD?
(Source: Metro Pulse)
Preservationists often encounter abandoned historic mills these days. The withering of the textile industry in the United States left hundreds of them sitting empty and vulnerable around the country - but especially in the South where the industry was the backbone of many local economies. Some people see them as massive white elephants only valuable for the bricks that form them and the land under them.
01/19/2009
REVIEW SHOWS DOLLAR VALUE OF DEALS DEPRESSED
(Source: KnoxNews.com)
...Mark Taylor, Dominion’s CFO, said lenders still seem to be “pretty keen” on providing financing for apartment deals — particularly compared to retail or office deals — and said even in a downturn people need a place to live. From his company’s view, he said, “we’ve seen … a pretty healthy appetite from banks to participate in multi-family transactions.”
REVIEW SHOWS DOLLAR VALUE OF DEALS DEPRESSED
(Source: KnoxNews.com)
...Mark Taylor, Dominion’s CFO, said lenders still seem to be “pretty keen” on providing financing for apartment deals — particularly compared to retail or office deals — and said even in a downturn people need a place to live. From his company’s view, he said, “we’ve seen … a pretty healthy appetite from banks to participate in multi-family transactions.”
01/08/2009
WEST KNOX APARTMENTS SELL FOR $6.1M
(Source: knoxnews.com)
Schaad Management Company has sold the Raintree Apartments for $6.1 million to an entity linked to the Dominion Development Group.
WEST KNOX APARTMENTS SELL FOR $6.1M
(Source: knoxnews.com)
Schaad Management Company has sold the Raintree Apartments for $6.1 million to an entity linked to the Dominion Development Group.
01/08/2009
TOP DEALS OF 2008
(Source: knoxnews.com)
2008 Top Deals list, which will be published in the next issue of the Greater Knoxville Business Journal.
TOP DEALS OF 2008
(Source: knoxnews.com)
2008 Top Deals list, which will be published in the next issue of the Greater Knoxville Business Journal.
04/23/2008
GO GREEN: LOCAL APARTMENT COMPLEX MAKES INVESTMENT IN ENVIRONMENT
(Source: wbir.com)
A Knoxville apartment complex has made some big changes to add a little more green to its name.
GO GREEN: LOCAL APARTMENT COMPLEX MAKES INVESTMENT IN ENVIRONMENT
(Source: wbir.com)
A Knoxville apartment complex has made some big changes to add a little more green to its name.
04/22/2008
CHEROKEE PLACE TO GET FACE-LIFT
(Source: KnoxNews.com)
A large office property just west of the Fort Sanders area has been sold for $4 million.
CHEROKEE PLACE TO GET FACE-LIFT
(Source: KnoxNews.com)
A large office property just west of the Fort Sanders area has been sold for $4 million.
04/22/2008
FLORY: SUTHERLAND APTS. GET UPDATE
(Source: KnoxNews.com)
Knoxville's Dominion Development Group announced Tuesday that a related entity had acquired Carlton Towers, a 127-unit apartment building that's located at the corner of Sutherland Avenue and Forest Park Boulevard in Bearden.
FLORY: SUTHERLAND APTS. GET UPDATE
(Source: KnoxNews.com)
Knoxville's Dominion Development Group announced Tuesday that a related entity had acquired Carlton Towers, a 127-unit apartment building that's located at the corner of Sutherland Avenue and Forest Park Boulevard in Bearden.
03/20/2008
RETURN OF THE CHEROKEE
(Source: Metro Pulse)
The old Cherokee Mills building is unobtrusive, set back from Sutherland Avenue, but is otherwise hard to ignore. You might not guess it from the street, but the 1917 textile mill at Sutherland and Concord is relatively huge, almost a quarter of a million square feet on a 12-acre lot, certainly one of the biggest properties in the central part of town.
RETURN OF THE CHEROKEE
(Source: Metro Pulse)
The old Cherokee Mills building is unobtrusive, set back from Sutherland Avenue, but is otherwise hard to ignore. You might not guess it from the street, but the 1917 textile mill at Sutherland and Concord is relatively huge, almost a quarter of a million square feet on a 12-acre lot, certainly one of the biggest properties in the central part of town.