The following is a selection of media placements for Great Ink clients and a summary of each.
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.
RAL Development Services
November 26. 2019
By James Whittaker
Plans for a two-building, nine-story Mandarin Oriental resort in the Beach Bay area of Bodden Town on the Cayman Islands has been approved. RAL Development Services is partnering with developer Ryan Melkonian on the project, which will serve as a resort and residences. The project will be the first of its type in the eastern districts and will begin construction in 2020.
Madison Realty Capital
November 26, 2019
By Matt Grossman
Hotel developer John deVries has picked up a $30.5 million financing package led by Madison Realty Capital to buy a building site in Southern California. The financing includes a $24.5M loan from MRC and a preferred equity investment worth $6M from The Bluestone Group. DeVries will use the funds to buy the site at 18582 Teller Avenue near UC Irvine and John Wayne Airport and develop a 991,000-SF development there, including an 11-story hotel and separate 155,ooo-SF commercial building iwth office and retail tenants.
Marx Realty
November 26, 2019
By Rebecca Baird-Remba
Los Angeles-based video advertising company ZEFR is moving into Marx Realty’s 10 Grand Central in Midtown East, according to the landlord. The company is moving from 292 Madison Avenue. JLL’s Cynthia Wasserberger, Sam Seiler, David Kleiner and Carlee Palmerrepresented the landlord in the deal, while Cresa‘s Jane Roundell and David Toomey handled the transaction for the tenant. Marx recently completed a $48 million renovation of the building that included a new lobby, a new four-story entrance on the East 44th Street side of the building, prebuilt office suites, and a 1930s-inspired lounge and terrace with a fire pit and plantings on the seventh floor.
Savitt Partners
November 22, 2019
By Rebecca Baird-Remba
Savitt Partners welcomed three new leases to its 30-story office building at 530 Seventh Avenue. Precision Xtract, a healthcare consultancy that employs scientists, academics, pharmaceutical executives and economists inked a 12,044-SF sublease on the 16th floor; Angel investor group 10X Ventures also signed an 11,700-SF sublease on the 23rd floor; and boutique ad firm Fred and Farid renewed its 5,850-square-foot footprint on the 30th floor. Savitt Partners’ Brian Neugeboren and Nicole Goetz represented the ownership in-house for all of the leases. Savitt has recently repositioned the 490,000-square-foot, Art Deco office building, with an aim at creating a hipper office option for tech and media tenants. The landlord spent $11 million to create a rooftop cocktail lounge, The Skylark, and a coworking space dubbed “Space530.”
Thornton Tomasetti
November 21, 2019
By Miriam Hall
Casey Cullen-Woods, a project director in Thornton Tomasetti’s Sustainability Practice, talks with Miriam Hall of Bisnow NY about the climate mobilization bill, and how developers and others in the building industry are preparing.
Avison Young
November 21, 2019
By Cathy Cunningham
Justin Piasecki, a principal at Avison Young, sits down with the Commercial Observer for a Q&A about his latest deals and the state of commercial real estate finance today.