Andrew Howe, president of Cranewoods Development LLC, is ready to tackle his third stalled development project in the Cincinnati region.
Howe, who’s become known as a “project fixer” in the last few years, purchased the stalled Gatewood Garden development in Columbia Township in December for $500,000. What was originally planned as a 19-townhome development with three- and four-story buildings will become a $12 million, 16-townhome Arts and Crafts neighborhood with two-story buildings….
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Real estate risks that send some developers running – those mired in financial woes or are in need of considerable modifications – are exactly what drive Andy Howe.
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After 18 months in limbo, the Schoolhouse Lofts project in East Walnut Hills got a new lease on life in May, when developer Andrew Howe cut a deal with lenders and lienholders on…Click Here to Read The Entire Article
In the November 3rd edition of the Engineering News Record (ENR), the leading news weekly to the construction industry, Andrew Howe, president of Cranewoods Development was…Click Here To Read The Entire Article
The redevelopment of downtown Cincinnati’s former industrial buildings continues with the McFarland Lofts, a seven-unit condominium project under construction in a circa 1901 wagon livery and horse stable. Developers plan to build two units on the building’s middle floors and a penthouse unit is planned to occupy the building’s entire fifth floor. Click Here To Read The Entire Article
Cranewoods Development announces that it has completed the liquidation of a planned residential waterfront community on St Augustine Inlet in Northeast Florida. “Properties are selling and inventory is being absorbed,” says consultant. Click Here To Read The Entire Article
For developers able to roll with the recession’s punches, some new activity in markets this fall has owners and lenders finally mustering some optimism and cautiously returning to the fray. “Not so bad is the new good,” says Joe Coradino, executive vice president at Philadelphia-based Pennsylvania Real Estate Investment Trust. Click Here to read the entire article.
Cranewoods Development LLC announced the sellout of all remaining bank owned condominiums in the Serena Point project located in Jacksonville Beach, Florida. Click Here to read the entire article
Andrew Howe says finishing the downtown McFarland Lofts project will give him ”something I can put my name on,” and open the door to more development projects.Click Here to read the entire article
Florida real estate developer Cranewoods Development announced the sellout of their award winning loft project, The Chelsea, in the Riverside Historic District of Jacksonville…Click Here to read the entire article