The following is a selection of media placements for Great Ink clients and a summary of each.
Jonathan Rose Companies
May 12, 2017
by Donna Knipp
Kelly Boyer has joined Rose Community Capital as a director in Los Angeles to expand its West Coast activity. The company is a subsidiary of Jonathan Rose Companies, and originates FHA loans and makes direct and joint-venture investments in multi-family properties. Boyer was previously a director at Citigroup’s Community Capital Unit.
Madison Realty Capital
May 12, 2017
by Andrew Hedlund
Madison Realty Capital, a New York-based real estate investor, announces its plans to open a West Coast office within the next year, with San Francisco or Los Angeles being strong contenders. The West Coast office would focus on real estate debt, seeking to finance industrial, retail and hotel properties, and multi-family assets.
CBRE Fairfield/Westchester
May 10, 2017
by John Golden
The CBRE Tristate Institutional Properties team of Jeffrey Dunne, Steven Bardsley and Alex Riccio represented SL Green Realty Corp. in its $21 million sale of 520 White Plains Road to Signature Acquisitions LLC. The 180,000 s/f, Class A office property in the Tarrytown Corporate Center is 96% leased.
HFZ Capital Group
May 9, 2017
by Mark Maurer and Hiten Samtani
HFZ Capital Group, led by Ziel Feldman, closed on a $1.25 billion construction loan for The Eleventh, its Chelsea project that includes two Bjarke Ingels-designed towers and 240 condos, with a 137-key five-star hotel operated by Six Senses Hotels Resorts Spas, and a 90,000 s/f retail component. The construction loan is by the Children’s Investment Fund, and is one of the largest of this cycle, particularly for a project with such a large condo component.
Pembrook Capital Management LLC
May 8, 2017
by Erika Morphy
Pembrook Capital Management’s Terry Baydala, director of originations, talks with GlobeSt.com reporter Erika Morphy about Pembrook’s recent $15.25 million first mortgage bridge loan for Mass Place in Washington, D.C., and the company’s overall efforts in affordable housing investment opportunities.
HFZ Capital Group
May 8, 2017
by Lisa Knee, partner, Eisner Amper
In the final video interview of the BisnowTV series with Ziel Feldman of HFZ Capital Group, Feldman points out that any developer needs to have drive and ambition. He is driven by demographics, interest rates and globalization, among other things. Feldman’s tip to those in the business is “give yourself as many tools as you can to make the best decision possible.”
Newmark Holdings
May 7, 2017
by Keiko Morris
Landlord concessions in the office sector are on the rise in NYC due to new competition from office space Downtown and on the West Side, writes Keiko Morris in The Wall Street Journal. Christopher Schlank, co-managing partner of Savanna and Brian Steinwurtzel, co-chief executive of Newmark Holdings weigh in on their experiences.
Building and Land Technology
May 5, 2017
by Paul Schott
Popular NYC eatery Mexicue, a barbecue and Mexican restaurant, is set to open at Building and Land Technology’s Harbor Point in July. It will take over the space occupied by Paloma, which closed in December 2016. The Harbor Point location is Mexicue’s first outside New York City, and will operate out of 5,000 s/f on two levels, with bars on both floors and a space for outdoor seating.
Soho Properties
May 4, 2017
by Zachary Kussin
Soho Properties’ upcoming condominium development, 45 Park Place, is one of 48 new developments hitting the NYC market this spring. Designed by SOMA and with interiors by Piero Lissoni, the property will feature 50 residences for prime Tribeca living