The following is a selection of media placements for Great Ink clients and a summary of each.
CBRE Fairfield/Westchester
July 1, 2016
by Emily Bader
Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Investment Group represented seller Goodrich Hazlet and buyer Onyx Equities in the $26.2m sale of the 203,912 SF Kmart Plaza in Hazlet, NJ.
CBRE Valuation & Advisory Services
June 30, 2016
Greg Souder has joined CBRE Valuation and Advisory Services as its Director of Corporate Accounts. Based in Colorado, he will provide technical direction and guidance to architects and engineers assigned to CBRE’s Global Workplace Solutions and Asset Services Projects.
Jonathan Rose Companies
June 30, 2016
By Samantha Goldberg
Jonathan Rose Companies, with The Community Developmet Trust and AHC Inc., is set to preserve a 340-unit affordable housing community in Farifax, Va. through a $6 million renovation to begin in 2017. Jonathan Rose purchased the property, Lafayette Apartments, for $39 million from Eagle Point Cos.
National Cooperative Bank
June 29
by Hezi Aris
During May 2016, National Cooperative Bank originated nearly $5 million in loans for three Westchester housing cooperatives in Rye, Yonkers and New Rochelle. Overall throughout the New York region, the bank arranged $24 million in new loans for 14 New York area properties. Managing Director Edward Howe III arranged $2.85m of the $4.850m for 266 Pelham Road Corporation, a 57-unit co-op at 266 Pelham Road in New Rochelle and Wappanocca Manor, Inc., a 12-unit co-op at 245 Wappanocca Avenue in Rye, NY. Vice President Harley Seligman originated a $2 million first mortgage for Midland Plaza Apartments Corp., a 48-unit co-op at 871 Kimball Avenue aka. 1234 Midland Avenue in Yonkers, NY.
Thornton Tomasetti
June 29, 2016
Thornton Tomasetti’s London office provided the structural and façade engineering services for the design of a new No. 1 Court development at All England Tennis Club, Wimbledon. The new static and retractable roof on No. 1 Court will allow for uninterrupted play on two show courts. It will also feature improved public facilities, 15 new hospitality suites on a remodelled level, catering facilities, commentary boxes and refreshed seating. It will have an overall capacity of more than 12,000 seats.
National Cooperative Bank
June 28, 2016
by David Winzelberg
Edward Howe III, managing director of NCB’s New York office arranged a $1 million first mortgage and $200,000 LOC for Cartier Apartment Owners, a 41-unit co-op at 21 Bond Street in Great Neck, NY. The funding will go toward replacement of windows.
Madison Realty Capital
June 24, 2016
by Cathy Cunningham
In the June 24 Mortgage Observer Weekly, it’s reported that Madison Realty Capital has provided a $44 million first mortgage loan for the recapitalization of a student housing development at 350 East 10th Street in New York City’s East Village. The 111,000 SF property is on a mid-block that extends from east ninth to east tenth. It was a former elementary school, P.S. 64, in the 1970s.
CBRE Valuation & Advisory Services
June 24, 2016
by Jennifer LeClaire
A new report from CBRE Marina Services reveals that the recreational boating industry has been strong, and a positive sign for the U.S. economy. Particularly in Florida, says Jeff Carson, vice president of CBRE’s Marina Services, the outlook for investment in the Florida marina market, specifically Southeast Florida, is up. It remains the hottest in terms of rental rates, low vacancy and longest waiting lists in the state.
Simone Development Companies
June 23, 2016
by Ernie Garcia
The Boyd Thompson Institute rehabilitation led by Simone Development is set to open in November. The Journal News talks with Guy Leibler of Simone Healthcare Development about the firm’s involvement in the redevelopment, new tenants, and plans for its future.