The following is a selection of media placements for Great Ink clients and a summary of each.
Avison Young
February 15, 2017
Avison Young’s Capital Markets Debt & Equity Group recently arranged a $34 million construction loan for a luxury mixed-use development in Pennsylvania’s Lehigh Valley. The loan will finance the first phase of construction for the project, which, when complete, will feature luxury rental residences with a clubhouse and outdoor swimming pool and commercial space with a shopping center and two retail pads. The Avison Young New Jersey Capital Markets Group comprised of George Gnad, Principal, Jonathan Kristofich, Vice President, and Michael Winters, Senior Associate brokered the balance sheet loan for the sponsor.
EW Howell Construction Group
February 15, 2017
by David Winzelberg
EW Howell Construction Group has been tapped by Waltham, Mass.-based Benchmark Senior Living for the senior living developer’s first New York project. Whisper Woods is a 101-unit assisted living facility planned for Smithtown, NY at Route 25A and River Heights Drive. This project is one of several in the works on the Island, created to meet the demand for senior living as the Baby Boomer generation seeks to make alternative living arrangements
Avison Young
February 15, 2017
by Liam LaGuerre
Adventureland, a production company best known for Broadway hits such as Hamilton, Avenue Q and Rent, has signed a 10,109 s/f lease at 1501 Broadway. The Avison Young team of Arthur Mirante, Michael Gottlieb, Anthony LoPresti, Matthew Hoffman and Joseph Gervino represented the landlord, the Paramount Building. Newmark Grubb Knight Frank’s Dennis Karr represented Adventureland. This is the largest of recent theatre-related lease transactions for space at the building.
Kalmon Dolgin Affiliates
February 2017
Kalmon Dolgin, co-president of Kalmon Dolgin Affiliates in a Q&A with Mann Report about his start in the business, recent deals at KDA, and best pieces of advice for those just starting in the commercial real estate industry.
Simone Development Companies
February 14, 2017
by Bendix Anderson
Simone Development Companies will bring biotech and life sciences organizations to its Hutchinson Metro Center in the Bronx, NY. Construction beginning fall 2017 on Simone’s South Campus will double the size of the campus from 1.4 million s/f to up to 3 million s/f. The South Campus is less than a mile away from the South Campus biotech hub at Montefiore’s Albert Einstein College of Medicine.
CBRE Long Island
February 13, 2017
by David Winzelberg
Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s Institutional Properties with Philip Heilpern of CBRE Long Island represented seller Reckson New York Property Trust in the $21 million sale of 150 Motor Parkway. The team also procured the buyer, UA Properties.
RADCO Companies
February 13, 2017
This year, RADCO Companies’ CEO Norman Radow says, the firm will be up against more competitors carving out a niche in the B+/B- apartment sector. The Atlanta, Georgia-based apartment specialist completed nearly $400 million in transactions in this segment of the market during 2016 and is hoping for a similar 2017.
Jonathan Rose Companies
February 9, 2017
by Keith Loria
Jonathan Rose Cos. and L+M Development Partners are building a fully-affordable housing complex in East Harlem, NY, which will feature 655 units and a new charter school, YMCA, community health center, urban market and Union Settlement community services space. It is also slated to become the largest Passive House in the nation.
Soho Properties
February 8, 2017
by Kerry Barger
New renderings have been released for the planned luxury condominium at 45 Park Place in New York City. The 43-story tower in TriBeCa is developed by Soho Properties and sales are being led by Stribling & Associates. The new photos depict the lobby and swimming pool, as well as one of the building’s 50 units, with floor-to-ceiling windows.