The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Avison Young
Date
January 15, 2020
Avison Young warns of big risks owners cannot ignore
By Sabrina Mollot
summary
An article in Real Estate Weekly recaps highlights from a market breakfast hosted by Avison Young at the Rainbow Room in New York City. The report includes trends in leasing, sales, supply, retail, technology and more.
Client
Pickard Chilton
Date
January 14, 2020
New Tokyo Railway Station to Kick Off $5 Billion Development
By Miho Inada
summary
Opening in March as part of a new, $5 billion project in Tokyo, is Takanawa Gateway. Japanese developers are targeting overseas business in the hopes of elevating Tokyo as an Asian center, and will also showcase the cutting-edge technology during this summer’s Toyko Olympics. New Haven, Conn., architectural firm Pickard Chilton designed the master plan for the development, called Global Gateway Shinagawa, which sits on a former train yard that stretches a full mile north to south, and Principal William Chilton speaks with the WSJ.
Client
Waterton
Date
January 8, 2020
Chicago investor buys 800-unit Houston apartment portfolio
By Katherine Feser
summary
Waterton expanded its Houston holdings with the purchase of a portfolio of three garden-style apartment complexes totaling 809 units, all within 22 miles of downtown Houston, TX. Exterior and interior improvements are planned for the properties, which include: Madison on the Meadow, a 264-unit property with 11 three-story, garden-style buildings at 12660 Stafford Road, Stafford; Reserve by the Lake, a 348-unit complex with 22 three-story, garden-style buildings at 18600 South Park View Drive in west Houston; and Summerwind, a 197-unit complex with 13 two- and three-story, garden-style buildings at 2414 County Road 90, Pearland.
Client
Avison Young
Date
January 7, 2020
AY: Prologis, visual communications firm renew 107,000 sq. ft. lease in Carlstadt
By
summary
Avison Young’s Ed English, Ron Ganter, Tom Giannone and Paul Errigo arranged a 106,890-SF lease renewal and extension for Visual Graphics Systems, a visual communications firm at Prologis Inc.’s 330 Washington Avenue in Carlstadt, NJ. The tenant uses the building for its administrative HQ. Prologis’ Jason Tenenbaum represented ownership in-house.
Client
Jonathan Rose Companies
Date
January 7, 2020
Jonathan Rose buys Queens property to create affordable middle-class housing
By Lois Weiss
summary
Jonathan Rose Companies has bought a property on Halletts Point by Astoria Cove for around $35 million. The company will maintain the Astoria property as an affordable rental project under the Mitchell-Lama law. The 202-unit Goodwill Terrace Apartments received a $28.5 million mortgage from the NYC HDC and has income restrictions. Rose expects to invest $10 million in renovations, including energy efficiency and modernization.
Client
Simone Development Companies
Date
December 30, 2020
Big commercial projects find home in mid-Hudson
By Daniel Axelrod
summary
LoHud looks at the top commercial projects that are helping to boost Hudson Valley’s economy. Simone Development Companies’ planned SpringHill Suites by Marriott in New Windsor is listed.
Client
Castle Lanterra Properties
Date
December 23, 2019
Castle Lanterra Eyes Increasing Investment Activity in 2020
summary
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.
Client
The Praedium Group
Date
December 19, 2019
Newly constructed Westminster apartment complex sells for $93.5 Million
By Andrew Dodson
summary
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.
Client
Castle Lanterra Properties
Date
December 18, 2019
The Grapevine
summary
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.