The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Jonathan Rose Companies
Date
November 29, 2021
Kings Villages Apartments Sold to Developer for $233 Million
By Keith Calayag
summary
Kings Villages Apartments, a 313-unit family housing property at 1141 North Fair Oaks Avenue in Pasadena, has been sold to The Rose Affordable Housing Preservation Fund V, operated by New York-based developer Jonathan Rose Companies. 100% of the units at Kings Villages are low-income housing tax credit and HUD-regulated Section 8 and Section 42 LIHTC family housing. The property consists of 58 residential buildings with a mix of one-, two, three-, and four-bedroom garden-style and townhome apartments. The buyer, The Rose Affordable Housing Preservation Fund V, is the fifth and most recent affordable housing preservation fund created by the Jonathan Rose Companies.
Client
The Cordish Companies
Date
November 26, 2021
Pioneering A New Twist On Coworking Models
By Jeffrey Steele
summary
Jeffrey Steele of Forbes.com features Spark, a coworking venture from The Cordish Companies, in a story about a new wave of coworking styles.
Client
Marx Realty
Date
November 23, 2021
Renovated 'Herald' building lands more tenants
By Tristan Navera
summary
Marx Realty has signed on two more tenants for its newly renovated office building, The Herald at 1307 New York Ave. The Barbara Bush Foundation for Family Literacy signed a seven-year, 6,000-square-foot office lease, while Scott Circle Communications signed a five-year, 3,200-square-foot office lease, both on the building’s seventh floor. Marx Realty was represented by Doug Mueller, Evan Behr, Nathan Beach and Jeanette Ko of JLL.
Client
Arden Logistics Parks
Date
November 19, 2021
Arden Logistics Parks Buys 861,046 SF Hardy Light Industrial Portfolio in Houston
By Taylor Williams
summary
Arden Logistics Group, the industrial investment arm of Philadelphia-based Arden Group, has purchased the 861,046-square-foot Hardy Light Industrial Portfolio in Houston. The portfolio consists of 34 multi-tenant warehouses that are in the metro’s North Hardy Toll Road submarket. Dustin Volz, Stephen Bailey, Trent Agnew and Zach Riebe of JLL brokered the sale.
Client
The Cordish Companies
Date
November/December 2021
Game On: Eatertainment is Back!
By Amanda Baltazar
summary
Sports & Social, a concept by The Cordish Companies’ Live! Dining & Entertainment, is featured in a trend story on eatertainment in restaurant development + design. Judy Moore, SVP Marketing for Live!, spoke with the magazine about Sports & Social’s newest location in Bethesda, Maryland, and how eatertainment venues are more popular than ever post-pandemic as the concepts offer drinks, dining and entertainment all in one. Sports & Social joins South Carolina’s 810 Billiards and Bowling and Chicago’s Fight Club in the article.
Client
Jonathan Rose Companies
Date
November 16, 2021
JV Buys DC-Area Apartments for $164M
By Gail Kalinoski
summary
A joint venture between Dantes Community Partners and Jonathan Rose Cos. created 372 new units of affordable and rent restricted housing in suburban Maryland as part of their acquisition of a 930-unit workforce community from Dragone Realty Investments and GMF Capital for $164 million. The Avanti Apartments at 6501 Hil-Mar Drive is a garden-style community built in 1965 in District Heights, Md., located about 20 minutes from downtown Washington, D.C. It was 96.5 percent occupied at the time of the sale. For Jonathan Rose Cos., one of the top developers and investors in green, affordable and mixed-income community development and preservation, the joint venture provided an opportunity to partner with a local, mission-aligned investment firm to create and preserve hundreds of newly restricted units of affordable housing.
Client
Darcy Stacom
Date
November 15, 2021
Stacom helps raise $1.7M to fund NY Restoration Project
summary
Darcy Stacom, Chairman and Head of NYC Capital Markets for CBRE, assembled a powerhouse contingent of women commercial real estate industry leaders to support the 2021 Boogie Frights Hulaween Event for the New York Restoration Project. Stacom served as chairman of the costume-themed event, raising more than $1.7 million to invest in and steward the city’s parks and gardens, and helping organization founder Bette Midler achieve NYRP’s fundraising and attendance goals.
Client
The Praedium Group
Date
November 15, 2021
The Views at Harbortown sold for $95.85 million
By Dan Macdonald
summary
The Praedium Group sold The Views at Harbortown apartments for $98.85 million to San Diego-based Viewpoint Equities. The four-story, 300-unit community at 14030 Atlantic Blvd. in Jacksonville, Fla. was built in 2014. The amenities include two resort-style swimming pools with cabanas, a clubhouse with a kitchen, multiple lounge areas, billiards and several televisions.
Client
Savanna, Hines, Marx Realty, Benenson
Date
November 15, 2021
Owners Magazine
summary
Nicholas Bienstock, managing partner at Savanna, Tommy Craig, senior managing director for the Tri-State office at Hines, Richard Kessler, COO at Benenson Capital Partners, and Craig Deitelzweig, president and CEO at Marx Realty are featured in Commercial Observer’s 2021 Owner’s Magazine. The Editors asked owners everything from how their businesses have changed and what they see in the future, who they’re supporting for Mayor, asset value given the COVID fallout, and more.