Citing stiff nearby competition, a team of developers is offering one lucky tenant free rent for a year and another a $50,000 prize if the prospective renter agrees to sign a lease to live in the building by January 15, 2026.
The Denver Business Journal reports the development, Akin Golden Triangle, is a partnership between Revesco Properties and Alpine Investments. The 955 Bannock St. property, designed by OZ Architecture, offers 98 units across 71,195 square feet. It’s designed to cater to young professionals who have outgrown over-amenitized mega buildings.
The community’s smaller size, compared to 300-unit properties, is intentional to create a more intimate feel. Amenities aren’t the focus, but Akin Golden Triangle does have a rooftop deck and hangout space with grills and views in addition to a large gym on the ground floor. Unit rents start at around $1,800.
Currently, 43 of Akin Golden Triangle’s 98 units are occupied, leaving 55 vacant and ready for new tenants in the free rent sweepstakes.
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 units nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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