Landmark Properties has completed the development of 10 student housing properties valued at $2 billion ahead of the fall 2023 semester. The portfolio is the largest to be delivered off-campus in a single year and accounts for one-fourth of all student housing deliveries this fall. The portfolio, which offers a total of 8,195 beds, includes The Standard at College Park, The Standard at Columbia, The Standard at Bloomington, Phase I of The Standard at Philadelphia, The Standard at Seattle, The Retreat at Fayetteville, The Legacy at Centennial, The Mark Austin, and The Metropolitan Gainesville. “Student housing continues to outperform other real estate asset classes, providing stable cash flow during the Great Financial Crisis, COVID, and now, in the face of historic rate increases and challenged capital markets,” says Wes Rogers, president and CEO of Landmark.
The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Stuart Saft
Date
October 19, 2023
Eric Adams has a plan for sidewalk sheds. Some call it wishful thinking
By Jeff Andrews
summary
An article in The Real Deal on sidewalk sheds discusses Mayor Adams’ initiative, Get Sheds Down, which aims to shrink the number of sidewalk sheds across the city. Staying up for an average of 500 days, Get Sheds Down would shorten permits to 90 days and increase fines for extended timelines. Stuart Saft, at Holland & Knight, mentions that work rarely can be completed in 90 days, especially on older buildings or longer projects that may take years. Saft says jobs will end up costing infinitely more because of fees and mandates from the city.
Client
Landmark Properties
Date
October 16, 2023
Landmark Properties Completes $2 Billion Student Housing Portfolio for 2023-2024 Academic Year
summary
Client
Landmark Properties
Date
October 16, 2023
Winter is coming: 4 ways to prepare properties for colder temperatures
By Leslie Shaver
summary
Multifamily Dive spoke to property management and facilities executives to get their take on the most important steps for winter preparation. Jonathan Bove, an executive vice president at Landmark Properties, a developer, owner, and operator of student housing, noted that the vast majority of its residents are living on their own for the first time, so it’s necessary to take the time to remind them not to leave their windows open when they leave for winter breaks.
Client
Landmark Properties
Date
October 12, 2023
How centralization can smooth an operator’s expansion to BTR
By Leslie Shaver
summary
Jonathan Bove, an executive vice president at Landmark, sat down for a Q&A with Multifamily Dive, talking about the resilience of the student market, management intensity in the sector and the rise of centralization.
Client
Plentific, T2D2
Date
October 12, 2023
Real Estate Tech Leaders Map Out the Future
By Paul Bubny
summary
Cem Savas, CEO and cofounder of Plentific, a property operations platform, was a panelist at CRE Tech in New York. He, Jonathan Ehrlich of T2D2 and other experts in the proptech space talk with Connect CRE about medium-term visions for their companies and the sector more broadly.
Client
Thornton Tomasetti
Date
October 10, 2023
Power Proptech 2023
summary
Thomas Scarangello, executive chairman of Thornton Tomasetti, is featured in Commercial Observer’s 2023 Power Proptech list, for his role in the firm’s strong adoption of technology. Thornton Tomasetti has an R&D group, CORE studios, and a tech incubator, TTWiiN.
Client
Simone Development Companies
Date
October 9, 2023
From Supermarket Site to Logistics Center in NYC
By Jackson Chen
summary
Simone Development Companies has acquired a vacant property at 1720 Eastchester Road from Madison International Realty in the Bronx, with plans to convert the asset into a 180,000-SF+ logistics center. The seller was represented by Cushman & Wakefield’s Jonathan Squires and Josh King, while Simone Development Cos. was represented in-house by Megan Guy, Brian Reardon, Josh Gopan, Dina Gupta and Sean Heneghan. On the site sat a former Stop & Shop supermarket and other retail.
Client
Ariel Property Advisors
Date
October 9, 2023
Mixed-use property sells for $19 million in the Bronx
By Kevin Smith
summary
A team from Ariel Property Advisors brokered the sale of the 160,000-SF, 12-story building at 950 Westchester Avenue on behalf of the seller, Westchester Intervale Limited Partnership. The mixed-use condo complex in the Bronx sold for $19.1 million. The property features 111 residential units, seven offices and two retail storefronts.
Client
Thornton Tomasetti
Date
October 6, 2023
Heavy Industry and The Path to Decarbonizing the Built Environment
By Tim Ashworth and Emily Kunkel, Thornton Tomasetti
summary
Thornton Tomasetti Associate Principal Tim Ashworth and Vice President Emily Kunkel co-authored a guest thought leadership piece for Environment + Energy Leader on the topic of decarbonization, specifically in the heavy industry / industrial sector, which produces essential materials that make up the buildings where we live and work, the cars we drive, and other daily products. Read more.