Equity Property Management Merrillville In

Equity Property Management Merrillville In – MERRILLVILLE — Equity Property Management is pursuing $17 million in renovations for three apartment complexes it owns here.

Cloisters, Edgewood Terrace and Tan Tar A complexes have been around for decades and need upgrades, Kevin Donohoe, executive vice president of Equity Property Management, told the City Council recently.

Equity Property Management Merrillville In

Equity Property Management Merrillville In

He said the facilities in North Merrillville will get new roofs, windows, bathrooms, kitchens, cabinets, flooring and other improvements. The exteriors of the complexes are also expected to receive upgrades with landscaping and new security features.

Oak Village Independence House

Donohoe said the properties will be enclosed with security fencing and electronic gates. Cameras are also installed.

There are a total of 190 apartments in the three complexes, 130 two-bedroom units and 60 one-bedroom units, Donohoe said.

Donohoe said no tenants have been asked to leave and Equity Property Management has created a relocation plan.

Donohoe said construction will take about a week in each unit. The three buildings do not have to be completely empty when the renovation works take place.

Montana St, Merrillville, In 46410

Tenants are offered several options. If a resident wants to move to another unit, he or she can do so after it is upgraded. If tenants wish to stay in their current apartment, “hotel units” will be available, Donohoe said.

These units will be similar to hotel rooms and residents will stay in them while their apartments are updated.

Equity Property Management is seeking tax credits and the process will preserve affordable housing in the complexes, Donohoe said.

Equity Property Management Merrillville In

He said the company expects to receive $6 million from a tax credit investor to finance the work. The company is also pursuing an $11 million loan for the project.

Retail For Sale — 6060 Broadway Merrillville, In 46410

Donohoe said Equity Property Management wants to start the renovation project as soon as possible and the company is looking for help from the city so those deals can be completed.

If the complexes were destroyed in a natural disaster or fire, Equity Property Management would not be allowed to rebuild the same number of units that currently exist because of the changes in the city’s density rules, Donohoe said.

The company is seeking an amendment to Merrillville’s ordinance so it would be allowed to build the same number of units if there was a catastrophic incident that destroyed apartments in those buildings.

Donohoe said the investor and loan officer indicated that approval is necessary before financing is issued.

C.g. Robinson Terrace Apartments

Counselors seem receptive to that request. The matter would first have to be heard by the Planning Commission. The final approval would come from the council. Both panels could act on demand in September.

MERRILLVILLE – A possible partnership with the Gary Public Transportation Corp.

MERRILLVILLE – Discussions about a proposed thrift store have brought accusations that two area elected officials tried to convince Merrill…

Equity Property Management Merrillville In

MERRILLVILLE – Charges have been filed against a 22-year-old suspect who robbed First Merchants Bank on Monday.

Ahepa 78 Ii Apartments

MERRILLVILLE – City leaders will look at every option as they consider ways to trim a proposed 2017 budget.

MERRILLVILLE – The City Council is awaiting updated financial information before making decisions about potential raises for employees.

MERRILLVILLE – A $17 million renovation project at three Merrillville apartment complexes is closer to completion after the city’s action…

MERRILLVILLE – Exterior improvements to the Cloisters, Edgewood Terrace and Tan Tar A apartment complexes could be completed by winter, and …

Ahepa 78 V Senior Apartments

CROWN POINT – Lake County E-911 dispatchers are still struggling with state-of-the-art hardware that can’t find hundreds of callers.

A name synonymous with sweetness in northwest Indiana will appear at a local bank next month to dispense business advice.

© Copyright 2022 The Times, 601 W. 45th Ave. Munster, IN 46321 | Terms of Use | Privacy Policy | Do not sell my info | Cookie PreferencesEdgewood Terrace is a beautifully renovated community of three brick buildings, each with two entrances, with plenty of free parking. Each building entrance has a laundry room for the exclusive use of the residents of that building. All residents at Edgewood have a right to access the pool at our nearby sister property, The Meadows Apartments.

Equity Property Management Merrillville In

School data is provided by GreatSchools, a nonprofit organization. recommends buyers and tenants use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. does not endorse or guarantee this information. School service boundaries should be used as a reference only; they are subject to change and are not guaranteed to be correct. To confirm school enrollment, contact the school district directly.

Cbre’s Mid Atlantic Net Lease Property Group Sells 35 Properties Totaling Nearly $100 Million

Edgewood Terrace is a 974 square foot property with 2 bedrooms and 1 bathroom. Edgewood Terrace is currently for rent for $795 per month, and offers 3, 6, 9, 12, 13, 14, 15 month lease terms. Edgewood Terrace is located in Merrillville, the 46410 zip code, and the Merrillville Community School.

All information is deemed reliable but not guaranteed. and its affiliates may receive compensation when contacting a rental property or signing a lease.Equity Property Management LLC has announced a $17 million renovation project for three of its Merrillville apartment complexes, including the Edgewood Terrace Apartments at 5850 Pennsylvania St. (Joe Puchek/Post-Tribune)

An official with Equity Property Management LLC announced a $17 million renovation and enhanced security project planned at three of its aging north Merrillville apartment complexes, including one where a man was killed in the parking lot last year.

Kevin Donohoe, executive vice president of the Merrillville property management company, told the Merrillville Town Council that the company has applied for U.S. Department of Housing and Urban Development tax credits for its Cloisters, Edgewood Terrace and Tan Tar A apartment complexes.

Presidium Completes Upscale Senior Living Community In Frisco

Donohoe said Wednesday that once the loans are secured, an equity investor would move forward with the renovations, which he said would include new roofs, windows, doors, decks and balconies on the exterior, as well as new kitchen cabinets, remodeled bathrooms, Flooring, Energy Star appliances, LED lighting inside and out, and new paint.

He said security is one of the company’s major concerns. He said the complexes will be enclosed with new fencing, electronic gates and security cameras.

Security is also a concern of Councilman Shawn Pettit, D-6th, who said he likes the gate but suggested Donohoe also wants to hire a private security company.

Equity Property Management Merrillville In

The Tan Tar A Apartments, in the 100 block of East 59th Avenue, just behind Andrean High School, was the scene of a May 2015 murder.

Broadway, Merrillville, In 46410

Cecil Pendleton Jr., a 55-year-old Air Force veteran and father of three, was killed in the parking lot while on his way to work shortly after 5 p.m.

“A lot of people are at Tan Tar A who have no reason to be there,” Donohoe said.

Donohoe said the project should take about 13 months to complete, with each individual apartment taking about a week to renovate.

He said there will be some “hotel units” where those who want to stay in their units can stay while their apartments are being redone.

Lacebark Court, Toms River, Nj 08755

He said that once the company receives the tax credits, all tenants must qualify for Section 8 housing. He expects about 15 families will have to move out of the apartments because their income is too high for Section 8 assistance.

Donohoe said he’d like to start the project as soon as possible, but there’s a problem he needs the city’s help with: City rules that have been in place since the complexes were built make it impossible for them to have the same number of units. rebuild if the apartments should suffer a catastrophic loss.

He said neither HUD nor the equity investor would proceed unless the city enacted an ordinance saying the complexes could be rebuilt with the same number of units in the event of a disaster.

Equity Property Management Merrillville In

Council attorney John Bushemi suggested that the Planning Commission discuss the possible ordinance at its September 6 workshop and hold a public hearing on it at its regular meeting on September 20.

Whitcomb Terrace Apartments

Rick Armstrong’s Aurora, Elgin and Naperville football rankings and games of the week for Wednesday, September 21, 2022

Lockport’s Brady Pfeiffer is the 3rd starting QB in his family. A 4th could be right around the corner. “I feel like we’ve been playing quarterback our whole lives.”

Chicago White Sox will try to “keep pushing the pedal” as they trail the Cleveland Guardians through 4 games into a decisive 3-game series I.C. Enterprises, Inc.

As a platinum contractor for Duro-Last, Inc.

W 78th Pl, Merrillville, In 46410

Minority Woman & Veteran Owned Lon and Marie Swartzwelder have I.C. Enterprises, Inc. in 1990 in a 4′ X 8′ corner of her garage. Since then, I.C. Enterprises, Inc. has grown to become one of the largest and most respected commercial roofers in the Midwest and one of the fastest growing roofing system providers in the country. I.C. Enterprises, Inc. now proudly serving 23 states. Marie is of Native American heritage, doing I.C. companies,

Equity in a property, release equity in property, equity property management merrillville indiana, first equity property management, releasing equity in a property, equity in the property, equity in property, equity property management merrillville, equity property management utah, releasing equity in property, equity group property management, how to release equity in property

Elia Marlina Smith

Halo, Saya adalah penulis artikel dengan judul Equity Property Management Merrillville In yang dipublish pada September 20, 2022 di website Smallcave