BINGHAM FARMS, Mich.,
Dec. 12, 2018 /PRNewswire/
-- FOURMIDABLE, a diversified, national real estate management
and brokerage company that specializes in managing market rate,
affordable, public housing, senior, tax credit and condominium
communities, was awarded the management contract for Van Dyke
Apartments in Sterling Heights,
Michigan.
Van Dyke Apartments is being developed through the efforts of
the Chaldean Community Foundation. Construction is scheduled to
begin in Spring of 2019, with G. Fisher Construction of
Farmington Hills, Michigan as the
general contractor.
Van Dyke Apartments will consist of a single four-story building
with approximately 130 units. There will be one and two-bedroom
apartment homes and 3,000 square feet of commercial space on the
first floor. The financing will be a complex blend of federal,
state and local dollars with required compliance and oversight by
multiple public agencies and authorities. Units will be a blend of
market-rate and affordable units.
"FOURMIDABLE is proud to have been selected as the property
management agent for this project and is pleased to be working
closely with the Chaldean Community Foundation Board and the other
companies involved in this project. We are looking forward to
managing such an upscale community and providing the residents of
Van Dyke Apartments with quality housing," said Michael Schocker, President of
FOURMIDABLE.
"The Board of Directors, Staff and Clients of the Chaldean
Community Foundation welcome FOURMIDABLE Management to the
Development Team of the Van Dyke Apartments. Our 130-unit mixed-use
and mixed-income community on the Clinton River in Sterling Heights will provide 200-plus
residents a remarkable living environment that includes retail in
the building, as well as fitness, yoga studio, movie room and
outdoor amenities. We appreciate the partnership with FOURMIDABLE,
a firm that has deep experience in property management and a strong
record of work with the Chaldean Community," said Martin Manna, Director of the Foundation.
About FOURMIDABLE
FOURMIDABLE is a national real estate management and brokerage
company that specializes in managing, marketing and leasing market
rate, tax credit, senior and family government assisted, public
housing and rural development apartment communities. Founded in
1975, FOURMIDABLE currently manages 80 communities in 13 states,
with approximately 7,600 units under management. FOURMIDABLE is a
member of the elite AMO (Accredited Management Organization) and is
an approved management firm for HUD, MSHDA and other State
Agencies. Additionally, FOURMIDABLE affiliated companies offer
support for property management companies and owners, including
agility-pm, a provider of back office accounting, HR, IT and
compliance support; eCrosstown, a provider of free Wi-Fi amenity
services to apartment residents; and ePhonz, a specialized
telephone product for apartment management companies.
For more information, please call 248-593-4603 or
visit www.fourmidable.com
CONTACT: Michael Schocker, President
248-593-4634
Sue Voyles, Logos Communications
734-667-2005
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SOURCE FOURMIDABLE