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2 Orange apartment complexes pivoting to affordable workforce rents – Orange County Register
More workforce housing is coming to Orange County, this time to Orange. Newport Beach-based Waterford Property Co., in partnership with California Statewide Community Development Authority, has bought two apartment complexes with 356 total units in Orange for $206 million. The deal included Cameo, a 262-unit complex at 1055 W. Town and Country Road, for $149 million, and Garrison, a 94-unit complex at 1725 West Katella Ave. for $57.05 million. Related: How a workforce rent program aims to plug ‘missing middle’ housing gap The complexes will be converted to affordable housing for middle-income workers earning between $56,000 and $134,000. Waterford, as administrator, and the CSDA will begin lowering rents for qualified…
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Home & Garden Digest – Santa Cruz Sentinel
MONTEREY BAY Open up Farms Tour returns On the weekend of Oct. 9-10, eight relatives owned farms will supply Farm Tours with unique pursuits. Highlights contain fig tasting, little ones succulent crafts, wreath producing, tomato u-choose and apple juice urgent. All people attending Open up Farm Tours is necessary to pre-register by eventbrite by using openfarmstours.com. Taking part farms involve Fruitilicious Farms, Luz Del Valle Farm, Are living Earth Farm, Paicines Ranch, Storrs Vineyard, Terra Sole Nursery, Thomas Farm, and Whiskey Hill Ranch. WATSONVILLE Wetlands Check out to host tumble indigenous plant sale Watsonville Wetlands Check out will host its 9th Annual Slide Indigenous Plant Sale from 9 a.m. to…
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One tower that has disrupted Africa’s luxury real estate industry – The LucreziaBySujimoto – Nairametrics
Our intention with the Lucrezia venture is to disrupt the status quo by changing the principles and narrative of Luxurious Real Estate in Nigeria. To actualize this, we made a decision to go large by erecting the tallest and most complex constructing in Banana Island – Africa’s richest and most high priced square metre. The Lucrezia is a constructing of numerous firsts! 1st constructing in Nigeria with a Glass Bolstered Concrete (GRC) facade, home to Africa’s 1st interactive lobby, 1st Virtual Golfing Bar with above 2500 classes and an unrivalled good quality, 1st earth class crèche and a lot of other 1st. This is why when we say we are…
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What Makes A Good Real Estate Investment? Find Out Here
Just one of the ideal strategies to devote your funds is in genuine estate. Purchasing a house can be each a good expenditure and a fantastic area for you and your household to dwell. But when it comes time to come to a decision which house to buy, how do you know what is worth investing in? Locale This will give you a great deal of data about what style of people could want to invest in or rent your property, which in switch indicates how considerably money you are going to be capable to talk to for when promoting it. If there are not a lot of features within…
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Estate agents accused of ‘slap in the face’ to renters with ads for investment properties that are not subject to rent cap limits
Estate agents have been accused of “slapping first-time consumers and renters in the face” with commercials encouraging home buyers to acquire residences because they are not capped beneath Rent Tension Zone (RPZ) legislation. t arrives as landlords were alleged to have pushed up rents over and above boundaries imposed underneath restrictions. Labour councillor for Limerick, Conor Sheehan, stated he was “dismayed” to see this sort of advertising and marketing practices whilst property-looking not long ago. In 1 advert for a semi-detached household, an estate agent advertised the home as being “an perfect possibility for any first-time purchaser or for people who are searching for a probably valuable investment house with…
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Investment Property Depreciation Explained | Canstar
Claiming depreciation can be one of the perks of owning an investment property. Here’s a 101 guide outlining how it works. What is property depreciation? Property depreciation is a legal tax deduction related to the wear and tear of your investment property. Put simply, you may be able to claim a tax deduction due to your property getting older with time. How much can I claim in depreciation? The amount you can claim will vary based on the specific property you have purchased and when it was built. The below figures are estimates based on the average of actual reports we’ve completed at Washington Brown. If you buy a property…