Investissement locatif: les atouts de la maison challenges.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from challenges.fr Daily Mail and Mail on Sunday newspapers.
Audio from City Manager Bill Nicklas.
The DeKalb City Council delivered an agreement requiring the controversial landlord to sell four of its apartment buildings. City Manager Bill Nicklas said that the only solution to years of Hunter’s score of violations and unpaid fines is a change in ownership.
“We truly believe that until there is a sale of these properties that these issues are going to continue, said Nicklas, and continue in the same regular pattern that they have for three years.”
Hunter’s mandated divestment requires that the property owner retain a third party real estate broker to list the properties. Hunter must also place $150,000 in escrow for each of the properties, and must turnover a portion of the money for each property that fails to sell within the 42 month time period.
City Council unanimously approves Hunter Properties agreement northernstar.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northernstar.info Daily Mail and Mail on Sunday newspapers.
Northern Star
DeKALB – After a series of unresolved code violations, the City of DeKalb and Hunter Properties have reached a tentative agreement which will include a change of ownership of four complexes owned by Hunter Properties.
In the agreement, Hunter Properties is to sell Hunter Ridgebrook, 808-832 Ridge Drive and 832 Edgebrook Drive, Hunter Tri-Frat, 930-934 Greenbrier Road and 1024 W. Hillcrest Drive, Lincoln Tower, 1100 W. Lincoln Highway, and Hunter Hillcrest, 1011-1027 Hillcrest Drive, within 3 ½ years.
Marcus & Millichap and Triad Real Estate Partners are currently listed to sell the properties, according to the agreement.
DeKalb City Attorney Matthew Rose said there’s no current buyer for the properties. The agreement obligates Hunter Properties to provide certain services that should improve the quality of living conditions to people that live there, he added.
The two candidates for DeKalb mayor took part in a neighborhood forum Sunday.
About a dozen Kensington Pointe residents gathered on a chilly day to hear from candidates Carolyn Morris and Cohen Barnes. They gathered on the front lawn of the Rev. Marty Marks, a pastor for Immanuel Lutheran Church. Marks said he personally knows both candidates and wanted to create an event that focused on commonalities. He said the results speak for themselves.
“I was happy for the people who were here, said Marks. I was happy for the engagement. There were questions. Both candidates seemed to enjoy getting to know each other and even that’s just a net gain.