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Gut rehab of Southampton apartment complex at 4920 Chippewa

By on October 12, 2011 in St. Louis Real Estate Development

If you frequent Chippewa near it’s intersection with Kingshighway, you have most likely noticed the glut of large apartment buildings on the western side of the intersection. While these buildings could be turned into an asset for the area, the general lack of upkeep at most of the buildings tends to create more problems than it [...]

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St. Louis breaks Top Ten in list of cities for recent college graduates

By on August 30, 2011 in St. Louis Business

While it is never useful to put much stoke in these things, it’s nice to see St. Louis get some positive buzz from college grads for once. St. Louis comes in at #10 behind such cities as Boston, Denver and Atlanta. The list was compiled via a joint venture between Apartments.com and Apartments.com and CareerRookie.com. [...]

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Pestalozzi Place apartments completed and for sale

By on June 23, 2011 in St. Louis Real Estate Development

After bouncing around from owner to owner in the early 2000′s, including the infamous DHP Investments, the seemingly unwanted 16-unit apartment complex at 3021 Pestalozzi was finally foreclosed on in September 2007.  After a nearly 3-year search they were finally able to unload the building in July 2010 when Sequoia Group LLC purchased the property [...]

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Lofts in Fox Park’s future?

By on January 18, 2011 in St. Louis Business

Fox Park is one of those South St. Louis neighborhoods in the midst of a transition. Unfortunately, like many of the surrounding neighborhoods such as Benton Park West and Tower Grove East, the current downturn in the market has stalled the progress of redevelopment in the area. But all I see when I pass through [...]

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Tower Grove South rehab at 3155 Gustine

By on September 16, 2010 in St. Louis Real Estate Development

The infamously neglected 4-family at 3155 Gustine is rapidly transforming each day. This 4,394 square foot property in the Tower Grove South Neighborhood of St. Louis, located just across form Gustine Market,  was vacant for years and had been on the demo-list in the City of St. Louis. The property was bought and sold (and [...]

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Construction progresses at 4200 Arsenal 4-family

By on August 20, 2010 in St. Louis Real Estate Development

If you frequent the area around Tower Grove Park  in the Tower Grove South Neighborhood of St. Louis, there is a good chance you have seen this property. With its prominent location at the SW corner of Arsenal and Bent, facing Tower Grove Park, its hard to miss. Especially since it was boarded up begging [...]

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Rehabbed apartments coming to 2027 Russell

Rehabbed apartments coming to 2027 Russell

By on April 20, 2010 in St. Louis Real Estate Development

If you frequent Russell Boulevard through the McKinley Heights neighborhood, it would be hard to miss the huge 4-family at 2027 Russell. It’s one of those prominent buildings that has been either vacant or under construction for what seems like forever. Thankfully, that trend will soon be coming to an end under the buildings new [...]

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Poll – First floor or second floor apartment?

By on February 26, 2010 in Multifamily & Apartment Investing

When renting apartments and selling multi-families, I have never really been able to figure out which people prefer: a first or second floor apartment. On one hand, the first floor apartment is usually easier to move furniture into and doesn’t require you to climb a flight of steps every time you come home. On the [...]

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