The following is a selection of media placements for Great Ink clients and a summary of each.
Castle Lanterra Properties
December 23, 2019
Castle Lanterra Properties, which this year invested $250 million in the purchase of apartment properties, is aiming to as much as double that volume next year. The Suffern, N.Y., multifamily specialist, also has been selling properties actively. The company typically pursues a value-add strategy, buying properties that might be older and in need of renovations or that can benefit from its management capabilities. Castle Lanterra most recently paid $23 million for the 84-unit RiDE at RiNo property at 3609 Wynkoop St. in Denver’s River North, or RiNo area.
The Praedium Group
December 19, 2019
By Andrew Dodson
The Praedium Group acquired “Legacy on the Promenade” from Legacy Partners. The 300-unit rental complex sold for $93.5 million. Legacy on the Promenade is a four-story building with one-, two-, and three-bedroom units and 24 townhome units with attached two-car garages. The complex also offers amenities such as an outdoor lounge, pool, and fitness center. Praedium plans to rebrand the apartment complex and make several enhancements during 2020.
Castle Lanterra Properties
December 18, 2019
Larry Mango joined Castle Lanterra Properties as a vice president of asset management. He spent nearly a decade at Rockwood Capital in NY, managing an $800M real estate portfolio.
Thornton Tomasetti
December 17, 2019
Joel Stout, a vice president in Thornton Tomasetti’s sustainability practice, has achieved the rank of LEED Fellow, the highest distinction awarded by the Green Buisness Certification, Inc. (GBCI). He is one of 29 practitioners and leaders within the green building community to be named to the 2019 class of LEED Fellows. Stout, who is based in the San Francisco office, has more than 30 years of experience in building design and construction, and, for more than 15 years, has specialized in sustainable projects in the commercial, government, healthcare, transportation and education sectors.
Ted Moudis Associates
December 16, 2019
By Evan Rusinowitz and Kate Wieczorek
Workplace strategists from Ted Moudis Associates count down to 2020 with Work Design Magazine. The magazine is sharing 12 days of emerging workplace trends, and the TMA team offers insight on “viewing access as an amenity,” which benefits employers in developing specific amenities strategy.
Castle Lanterra Properties
December 12, 2019
By Adriana Marinescu
Landing Square, a 322-unit community in Atlanta, Ga. was sold by Castle Lanterra Properties to InterCapital Group for $45 million. The complex at 3378 Greenbriar Parkway SW is 17.5 acres and 11 miles SW of downtown Atlanta. Landing Square has 10 three-story buildings in a mix of one-t0-three-bedroom floorplans, all built in 2008.
Castle Lanterra Properties
December 11, 2019
Castle Lanterra Properties has acquired two new properties in Denver and Florida for nearly $100 million combined. The multi-family investor typically pursues value-add plays but purchased a 339-unit complex in Clearwater, Fla., Vue at Bellair for $77.3 million and an 84-microunit property in Denver, Colo. called RiDE at RiNO for $23 million.
Ted Moudis Associates
December 3, 2019
Michelle Beganskas, senior designer, Ted Moudis Associates
Michelle Beganskas, a senior designer at Ted Moudis Associates, authors a research article in Quartz @ Work about biophilia in the workplace. Biophilia translates to “love of life or living systems,” and states that humans have an innate need for contact with nature — a connection that is essential to our health and wellbeing. Michelle looks at how this concept is used specifically in the workplace, as biophilic interior designs have been proven to reduce absenteeism and mental fatigue, promote emotional satisfaction, and increase productivity.
Madison Realty Capital
December 2, 2019
By Cathy Cunningham
Josh Zegen talks with Commercial Observer about the firm’s national expansion plans which include complex debt opportunities and an increased lending footprint across major metro markets.