The following is a selection of media placements for Great Ink clients and a summary of each.
Jonathan Rose Companies
September 1, 2021
By Gail Kalinoski
IMPACT Community Capital has closed the new $210 million IMPACT Mortgage Opportunity Fund developed in partnership with Rose Community Capital’s Bridge Lending Program for affordable housing properties. The fund, which raised capital from six large institutional investors, exceeded its target and closed five months ahead of schedule. The fund was created in partnership with RCC, the lending arm of Jonathan Rose Cos. that is focused on the origination, underwriting and placement of FHA insured and USDA guaranteed multifamily mortgages. RCC and IMPACT expect to preserve more than 5,000 affordable units across the U.S. during the lifespan of the fund that will provide bridge loans to developers and owners of affordable housing who want to preserve their properties’ affordability status or transition existing market-rate projects to affordable properties. The loans provide borrowers time to apply for permanent financing and government subsidy programs.
August 31, 2021
By Will Parker
Darwin Homes Inc. executive, Chris Poston, spoke to the Wall Street Journal
August 30, 2021
By Sandy Smith
Philadelphia Magazine tours the completed Broadridge, RAL Companies’ newest 478-unit apartment building.
The RADCO Companies
August 27, 2021
The RADCO Companies has acquired the seven-story, 174-room, full-service DoubleTree by Hilton Atlanta Roswell hotel in Roswell, GA, for $13.75 million from a real estate fund divesting of hospitality assets. RADCO plans to modernize and upgrade the hotel, similar to the capital improvement strategies the company has applied to previous multifamily acquisitions. The deal marks the first acquisition by RADCO’s new hotel division launched earlier this year in response to the COVID-19 pandemic’s operational and capital markets disruptions in the hospitality sector.
August 25, 2021
By Jeffrey Steele
Waterton has acquired a portfolio of two multifamily communities in the Centennial Hills master-planned community of Las Vegas — Ely at Centennial Hills, a 312-unit property at 5900 Sky Pointe Dr., and Pointe at Centennial Hills, a 312-unit community at 5850 Sky Pointe Dr. The two properties are being combined and rebranded as The Paisley & Pointe at Centennial Hills, a single apartment community.
The Cordish Companies
August 24, 2021
By Keith Loria
Sports & Social, a sports entertainment concept by The Cordish Companies, will open its second Maryland location on Sept. 9 in a 7,692-SF lease in Pike & Rose in North Bethesda.
Standard Real Estate Investments
August 24, 2021
An article in Real Estate Alert highlights the firm’s latest deal, a majority-equity investment for a $42.5 million project to construct Wesley Place, a 244-unit, four-story apartment building in downtown Indianapolis. The project will include 3,000 sf of ground-floor retail space and a garage. Amenities will include an interior courtyard and a pool. The deal aligns with Standard’s strategy of developing market-rate workforce housing, with a focus on improving access to capital for minority- and women-owned developers.
August 20, 2021
By Andria Cheng
Jay Dunn joins RFR as Head of Equity Capital Markets, a newly created position which solidifies the firm’s commitment to expanding its relationships with institutional and family office investors. Dunn will oversee equity capital raising, joint ventures and strategic partnerships for the firm’s commercial, residential, hotel, and retail properties in select domestic markets including New York City, Miami, San Francisco, and Seattle as well as
other major European cities.
August 11, 2021
By Bret McCormick.
Populous, with BaAM Productions, put together the temporary stadium that will host the White Sox and Yankees in the MLB Field of Dreams game in Dyersville, Iowa. Populous senior event architect Todd Barnes, who has worked on the project since 2015, has designed temporary venues for World Cups and Olympics.