The following is a selection of media placements for Great Ink clients and a summary of each.
Halstead Property
June 22, 2016
Virginia K. Smith
A Fort Greene townhouse on the market with Halstead Property is asking $5 million. The four-unit, five-story brownstone includes an owner’s duplex with three additional units that can be rented out. The listing is featured on Brick Underground.
Soho Properties
June 21, 2016
by Dees Stribling
Construction has begun on the luxury condo tower in Tribeca, 45 Park Place, developed by Soho Properties. The 665-foot glass and steel tower will be completed in 2018, helped by a $174m construction loan from Malayan Banking Berhad and a $45m mezzanine loan from Warba Bank. The property will offer 50 residences.
RADCO Companies
June 21, 2016
by Jarred Schenke
The RADCO Companies has purchased another suburban apartment complex, this time in Lawrenceville, Georgia. Called The Pointe at Sugarloaf Apartments, the 324-unit rental complex is located near the firm’s other asset, Ashford 3400. The purchase price was $31.7m, brokered off-market by Berkadia. RADCO plans to invest $4m in the modernization of the campus.
Thornton Tomasetti
June 20, 2016
Thornton Tomasetti’s Kansas City, Missouri office at 2323 Grand Boulevard has achieved LEED-CI Gold certification from the US Green Building Council. The international engineering firm acted as LEED consultant for the project, in collaboration with interiors architect, 360 Architects.
The Marketing Directors
June 20, 2016
by E.B. Solomont
The Marketing Directors’ Andrew Gerringer spoke with The Real Deal about the proposed condo conversion of approximately 1,000 hotel rooms at the famed Waldorf Astoria Hotel in New York City. Gerringer noted that the Waldorf-Astoria will definitely draw certain buyers due to its name recognition, but important factors will be how large Anbang plans to make the condos, what the expected absorption will be, and pricing.
Callahan Capital Partners
June 17, 2016
by Barbra Murray
Ivanhoé Cambridge and Callahan Capital Partners have purchased the remaining 49% interest in 1211 Avenue of the Americas, a 2 million SF office tower in Midtown Manhattan, from Beacon Capital Partners. This comes three years after the joint venture purchased a 51% stake from Beacon for $850 Million. This most recent transaction was conducted for $895 million.
Avison Young
June 16, 2016
by Rayna Katz
Howard Aaron has joined Avison Young as a senior director, and brings more than 30 years of experience. He will be in charge of growing the firm’s retail practice in New York and beyond.
Avison Young
June 15, 2016
by Mark Maurer
Vincent Carrega, Neil Helman, Charles Kingsley and Jon Epstein represented the seller, Extell Development, in the $32.2 million sale of a Flatiron District parking garage in New York City. The Kash Group was the purchaser, for the site that is adjacent to a new 15-story condo tower. Icon Parking has the ground lease for the site until 2033.
CBRE Valuation & Advisory Services
June 15, 2016
by Amy Baxter
What direction is the senior housing market headed for the rest of 2016? Bennett Johnson, vice president and national practice leader for CBRE’s Seniors Housing & Care specialty group, talks to Senior Housing News.