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The main Section 8 program involves the voucher program. A voucher may be either "project-based"—where its use is limited to a specific apartment complex (public housing agencies (PHAs) may reserve up to 20% of its vouchers as such [9])—or "tenant-based", where the tenant is free to choose a unit in the private sector, is not limited to specific complexes, and may reside anywhere in the ...
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.
A new apartment building under construction in St. Louis Park, Minnesota, called Via Sol by PLACE (Projects Linking Art, Community and Environment). The development project is a "mixed-use, mixed-income creative community" along the Highway 7 frontage road near the Southwest Light Rail (SWLRT) Wooddale Station, with 217 apartment units ...
Presidential Towers is a multi-tower residential apartment complex built in 1986 and located in Chicago, Illinois at 555 W. Madison. Bounded by Madison, Monroe, Clinton, and Desplaines streets, the property covers two full blocks in the West Loop neighborhood. Built in what was once the skid row area of Chicago, the complex received over $100 ...
The food hall lease rate includes utilities like HVAC, kitchen ventilation, grease traps and Wi-Fi. Construction is slated for completion between 2025 and 2026.
Mechanical, electrical and plumbing (MEP) refers to the installation of services which provide a functional and comfortable space for the building occupants. In residential and commercial buildings, these elements are often designed by specialized MEP engineers. MEP's design is important for planning, decision-making, accurate documentation ...
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