Historical April 1997 article. Dates, prices, services and contacts describe the source period; current availability has not been established.
A month ago, Washington University announced that it would purchase 33 apartment buildings of 331 units from Parkview Properties. Parkview Properties is owned by longtime neighbors Alan and Kathleen Hamilton and Steve and Lecil Sailer.
They began buying property in the late 1970s and have gradually increased their holdings.
They have marketed their buildings in recent years to Washington University undergraduate and graduate students.
The Hamiltons and Sailers have long been credited with increasing stability and property values in the neighborhood. Although Washington University is acquiring the buildings, Parkview Properties will be the managerial agent for ten years. Washington University ownership of these buildings means an increased commitment to the neighborhood as well as an addition to security, provided by university police working in conjunction with the city police.
There is an added bonus from Washington University.
They are offering faculty and staff forgivable loans of $4000 if recipients purchase homes in our neighborhood and remain as residents for at least 5 years.
They are also offering this loan program in the Forest Park Southeast neighborhood, close to their medical center.
Originally published in The Times of Skinker-DeBaliviere, April 1997.
Read this article in the original newspaper issue.
Archival transcription note: Front-page report gives 33 buildings and 331 units; February minutes on page 7 give 32 buildings. Original figures preserved without inventing reconciliation.
Original source: SD_Times1997_04.pdf, printed page(s) 1; PDF page(s) 1.
