The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Waterton
Date
Fall 2019
House Party Chicago
summary
A party to celebrate the completion of a multimillion-dollar renovation at River Park North is featured in the Fall 2019 issue of Modern Luxury Interiors Chicago.
Client
Avison Young
Date
November 7, 2019
The Pitch: James Nelson on selling multifamily after the fall
summary
Avison Young is exclusively marketing a portfolio of multifamily buildings for $200M which includes 500 Sterling Place in Crown Heights, BK and 65 North 6th Street in Williamsburg, BK. James Nelson is leading the marketing of the portfolio, which includes 244 units and three retail spaces and is owned by Bruce Ratner. Nelson said the ideal buyer is one who will add value to the property. It’s not an easy time to sell multifamily; sales volume has decreased by half since 2015.
Client
Thornton Tomasetti
Date
November 2019
Winging It
By Chris A. Christoforou, P.E., and Iliana Karagiannakou, P.E, Thornton Tomasetti
summary
Thornton Tomasetti engineers Chris A. Christoforou, P.E., and Iliana Karagiannakou, P.E. co-authored a technical article on the new student center at Embry-Riddle Aeronautical University for Modern Steel Construction. Designed by ikon.5 architects, the 178,000-SF student union on ERAU’s Daytona Beach, Florida campus features many complex steel components — 2,000 tons of steel are used throughout the project.
Client
Waterton
Date
November 4, 2019
Pathway to Living, Caddis Open Heartis Village Brookfield in Wisconsin
summary
Pathway to Living, a Chicago-based developer, owner and operator of senior housing communities and the senior housing arm of Chicago-based real estate investor and operator Waterton, celebrated the grand opening of Heartis Village Brookfield in Brookfield, Wis. Owned and developed by Caddis Healthcare Real Estate, Heartis Village Brookfield is a 70-unit assisted living and 24-unit memory care community outside of Milwaukee. Heartis Village Brookfield is the fourth Heartis-owned community managed by Pathway.
Client
Waterton
Date
November 4, 2019
Class B & C Investors Circling Secondary, Tertiary Markets
By Gail Kalinoski
summary
Rick Hurd, chief investment officer at Waterton, contributes to a Multi-Housing News article on the latest trends in multifamily. Investors’ appetite for multifamily is so large that it is spreading to older properties and secondary and tertiary markets. Waterton renovates about 1,500 units a year, and notes that value-add properties are a great investment. Hurd adds that the highest amenities in demand are dog parks and dog wash stations, package systems, bike storage and bike repair areas and outdoor spaces like firepits.
Client
Thornton Tomasetti
Date
October 29, 2019
A watchtower in Harlem, once a firefighter’s lookout, is restored as a landmark
By John Caulfield
summary
Client
Stuart Saft
Date
October 29, 2019
Dealing with Condominium Construction Loan Defaults
By Stuart Saft
summary
Stuart Saft, a partner at Holland and Knight, offers expert insight into how lenders should deal with defaults on condominium construction loans. The softening of the luxury condo market and excess of expensive units unsold could lead to developers not meeting their repayment milestones. Stuart outlines issues to be aware of unique to condo financing.
Client
Waterton
Date
October 29, 2019
Pathway to Living Hires Shea Krause as Regional Vice President of Sales
summary
Shea Krause has joined Pathway to Living as regional vice president of sales. The developer, owner, and operator of seniors housing communities is an arm of Chicago-based real estate investor and operator Waterton. Krause will be responsible for implementing marketing and product development programs to achieve organizational sales and occupancy objectives across Pathway’s brands in both new and existing markets. She will also manage all regional directors of sales and is responsible for the hiring and performance management of team members. She has more than 12 years of sales and marketing experience in senior housing.
Client
Avison Young
Date
October 29, 2019
Middling Results: Midtown’s Leasing Slowed in Third Quarter of This Year
By Nicholas Rizzi
summary
Marisha Clinton, senior director of research at Avison Young, is quoted in a Commercial Observer article about Midtown Manhattan’s office leasing during Q3 2019, which dropped 30% from the five-year historical average in the area, according to a report by Transwestern. Though leasing activity cooled, the vacancy rate also reached its highest level since 2016. Clinton is hopeful, saying, “overall, the pipeline does, in fact, look better for the fourth quarter. We should actually surpass where we were for all of 2017.”