The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Ariel Property Advisors
Date
July 30, 2024
City property sales still slow but show signs of picking up
By Eddie Small
summary
Client
Landmark Properties
Date
July 30, 2024
Georgia-based developer announces 13-story housing complex in West Lafayette
By Marek Mazurek
summary
Learn more about the project here.
Client
Ariel Property Advisors, Fried Frank, Marx Realty
Date
July 29, 2024
Crain's New York Business 2024 Notable Leaders in Real Estate
summary
Crain’s New York Business has announced its 2024 list of Notable Leaders in Real Estate. Shout out to Craig Deitelzweig of Marx Realty, Laurinda Martins and Valerie Kelly of Fried Frank, and Michael Tortorici of Ariel Property Advisors for being named to the list.
Client
Ariel Property Advisors
Date
July 25, 2024
NYC multifamily finally bridging bid-ask gap, as maturities loom
By Suzannah Cavanaugh
summary
The dollar volume of multifamily transactions in the second quarter jumped 108 percent over the first quarter to $2.83 billion, according to a report by Ariel Property Advisors.The boom was largely driven by maturing loans that positioned sponsors to be saddled with higher interest rates. Read more from the report here.
Client
JT Magen
Date
July 17, 2024
Women of Influence 2024
summary
GlobeSt’s 2024 Women of Influence honor outstanding professionals in commercial real estate and associated industries. Catherine Torsney, a senior project manager at JT Magen, oversees the execution of projects from inception in the pre-construction phase to project completion. Affectionately known within JT Magen as “Mother Hubbard,” Torsney serves as a trusted advisor and mentor to both men and women across all career levels, with her door always open to anyone seeking counsel or advice. Read more about the Women of Influence and Catherine Torsney.
Client
MCS
Date
July 2024
MCS Introduces HVAC Servicing and Maintenance Business Line
summary
MCS, a national property services provider, has launched a new heating, ventilation, and air conditioning repair and servicing business line for residential/ Single Family Rental and commercial properties in Arizona, Florida, Georgia, Ohio and Texas. This new offering was driven by demand for quality, licensed HVAC services in markets the company serves, and its ability to leverage its local service centers, self-performing capabilities, technology platform, and expertise in residential maintenance. Read more about the new offerings.
Client
Simone Development Companies
Date
July 11, 2024
Summit Health Signs Long-Term Lease Renewal and Expansion at 644 West Putnam Avenue in Greenwich, CT
summary
Summit Health has signed a long-term lease renewal and expansion for 19,853-SF of medical office and urgent care space at Simone Development Companies’ 644 Putnam Avenue in Greenwich, CT. The healthcare provider has renewed its existing 14,243-square-foot space on the ground and second floors while adding 5,610 square feet on the second floor. Learn more about the deal here.
Client
Standard Real Estate Investments
Date
July 10, 2024
Mohr Capital, Standard Real Estate Investments to start work on building in North Valleys
By Rob Sabo
summary
Read Rob Sabo of Northern Nevada Business Weekly’s conversation with Robert Jue, CEO of Standard Real Estate Investments and Tom Theobald, SVP of development and build-to-suit at Mohr Capital, about the partnership’s recent announcement to construct a speculative industrial building in North Valleys. The 188,000-square-foot building on 11 acres at 9865 N. Virginia St. is expected to break ground in the next month and be completed by summer 2025. The project seeks to fill a need during a time of increasing industrial vacancy and downturn in construction activity because there’s a dearth of new Class A industrial product that’s divisible into smaller spaces of 40,000-SF or larger. Read the full story here.
Client
Ariel Property Advisors
Date
July 10, 2024
NYC Investment Sales Volume Up in First Half of 2024
By Mark Hallum
summary
A report by Ariel Property Advisors recaps investment sales during the first half of 2024. The findings show an 11 percent increase in transaction volume and a 23 percent jump in dollar volume compared to the second half of 2023. Much of that momentum resulted from progress made in Albany with the 485x tax abatement and Mayor Eric Adams’s “City of Yes” zoning changes. The first half of the year saw $11.48 billion spent across 943 transactions, which included 1,220 individual properties. Read more about the report’s findings in Commercial Observer.