heritage hill: Tall House project Called off
- 04/04/08 03:06 AM
I read in last night's paper that Tall House Condo's has been called off. The state of the art 9-11 story project on Ottawa Avenue was slated for over 90 condo units. I'm certain sluggish sales were part of the reason, but more than likely a bank financing the project changed the game. I've heard a lot of rumblings lately about banks changing terms midstream on developers. Banks have asked for notes due in advance, increased equity in projects and mandatory rate and term re-finances at their discretions. Safety first, but what good does it really do? I don't understand how killing a (0 comments)
heritage hill: New Condominiums in Downtown Grand Rapids!
- 02/20/08 11:57 AM
Not really a headline, with all the opportunities in Downtown Grand Rapids for condos, but... This is a very unique that you should not overlook for your buyers. Melissa Allen who just recently joined Avalar Grand Rapids Real Estate and myself will be listing 47 Lafayette, a unique 8 unit condo building feautring 2 bedroom homes that start at $124,900. Units are customizable, with upgraded kitchen packages. Featuring a million dollar view, and nestled amongst some of Heritage Hill's most storied mansions. Formerly know as Hillview Apartments, this retro modern 8 flat was built in the 60's and recently purchased by Plum (6 comments)