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Published on July 13th, 2020
Reassessing the Staying Power of Short-Term Rentals
COVID-19 put STRs on the ropes, but some institutional apartment companies remain optimistic. Going into the spring leasing season of 2020, short-term apartment rentals were just beginning to hit their stride. In contrast to their onetime aversion to home-sharing platforms such as Airbnb, institutional apartment operators had enthusiastically begun partnering with short-term rental (STR) platforms.
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Published on April 15th, 2020
Going Long on Short-Term Rentals
John Carney was looking for more ways to say yes. As a principal at the Cleveland-based Landmark Cos., an owner and operator of around 700 units, he’s often approached by visitors or businesses looking for something beyond a hotel stay, but who aren’t interested in signing a traditional, 12-month lease.
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Published on February 14th, 2020
East 55th Street has thrived and struggled. Now developers think it’s the next community to expand
The community area around East 55th Street now is checkered with abandoned buildings next to office space that seems active. Developers and business owners say it has the right mix of opportunity and interest to be the next Cleveland neighborhood to experience a big boom.
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Published on December 9th, 2019
New lakefront apartments planned for Cleveland
Four-point-5 acres of property have been purchased next to the Shoreline Apartments. John Carney of the Landmark Companies says they are proposing to construct what is preliminarily being called Shoreline Two.
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Published on December 9th, 2019
Cleveland CEOs You Should Know: John Carney
John Carney is an adventure seeker, podcast host, keynote speaker and author of Real Estate is a Team Sport: The 9 Players You Need to Profit, and co-author of 10,000 Miles to the America Dream. He grew up in a family of real estate developers and investors who bootstrapped their way to success.
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Published on November 27th, 2019
Lakefront land sold for apartments near downtown Cleveland
Landmark Cos., the real estate development company that helped make downtown Cleveland living a going concern with a series of renovations of old buildings to apartments in the Warehouse District, has landed the land for a ground-up project on the city’s lakefront.
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Published on November 27th, 2019
Economic incentives approved for development
Economic incentives to aid a lakefront apartment building east of downtown was green-lighted by a Cleveland council committee Tuesday, and is potentially on its way to the Council Committee of the Whole.
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Published on October 28th, 2019
Cleveland City Council clears way for lakefront apartment project with vote to vacate street
City Council on Monday approved vacating part of East 55th Street to help clear the way for an apartment complex along Cleveland’s lakefront to expand.
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Published on June 19th, 2019
More lakefront apartments planned on North Marginal near downtown Cleveland
The Landmark Companies, a residential and commercial real estate developer, owner and manager, is in the planning stages for a second phase of The Shoreline, an apartment development on North Marginal Road that Landmark touts as offering the best of both worlds — lakefront living, with downtown just to the west.
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