The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Marx Realty
Date
July 24, 2023
GTS Extends Lease at 545 Madison Avenue
By Leah Breakstone
summary
GTS, the global trading firm, has signed a two-year lease extension at Marx Realty’s 545 Madison Avenue. The firm occupies 30,094-SF across four floors at the property. Marx Realty handled the deal in-house, and GTS had no brokers in the deal.
Client
Aeromine Technologies
Date
July 24, 2023
Wind Power Without Giant Turbines? Some Startups Are Thinking Smaller and Quieter
By James R. Hagerty
summary
When you think of wind power, large turbines come to mind. The Wall Street Journal talks with several entrepreneurs who are proving the value of quieter, smaller-scale, and less conspicuous equipment as wind power becomes an important part of energy production. Aeromine Technologies’ CEO David Asarnow talks with reporter James R. Hagerty about the firm’s innovative wind-harvesting unit – which is bladeless and motionless, using aerodynamic fins to maximize wind speed. The units were recently installed on the roof of a BASF factory in Michigan. The technology can be paired with solar panels to generate on-site power on the roofs of distribution centers, office buildings and military facilities, among other places.
Client
Ariel Property Advisors
Date
July 21, 2023
Investment sales lose momentum in the first half of the year, report finds
By Mario Marroquin
summary
A report from Ariel Property Advisors reveals the dollar volume of real estate investment sales in the first six months of 2023 was almost half of what it was in the first six months of 2022. The report also found that the volume of investment sales across asset types—multifamily, office and industrial—declined by at least 36% when compared to the first half of 2022 and attributed the slowdown to rising interest rates and policy actions, including the lapse of the 421-a tax abatement program, meant to spur the production of affordable housing. Crain’s talks with Ariel president and founder Shimon Shkury about the report’s findings.
Client
Standard Real Estate Investments, Fried Frank
Date
July 18, 2023
PowerDC: Who holds the power, and why, in a capital region beset by post-pandemic challenges.
summary
Jerome Nichols, co-founder of Standard Real Estate Investments and Valerie Kelly of Fried Frank are one of 26 D.C.-area professionals named to Commercial Observer’s prestigious PowerDC list. A Washington, D.C., native, Nichols is helping improve access to capital for minority- and women-owned developers while creating affordable and market-rate housing. As a real estate parter at Fried Frank, Kelly represents a range of client types on all aspects of commercial real estate in the Washington region.
Client
Wateron
Date
July 18, 2023
Waterton Expands Portfolio with Strategic Acquisitions
By Christine Serlin
summary
An article in Multifamily Executive highlights Waterton’s recent acquisitions in Oregon, South Florida and the Seattle metro area. Co-founder and CEO David Schwartz explains the national real estate investment firm’s multifamily acquisition strategy.
Client
Asland Capital Partners
Date
July 13, 2023
Asland Capital’s Bond With Goldman Sachs Spearheads New Housing Fund
By Andrew Coen
summary
Asland Capital Partners, a private real estate investment firm specializing in multifamily and mixed-use investments, has joined forces with the Urban Investment Group within Goldman Sachs Asset Management to launch the Asland Sustainable Housing Fund. the partnership announces the acquisition of the Heighliner Portfolio, an affordable housing portfolio comprised of five assets, 334 units and several community retailers in Upper Manhattan and The Bronx. The portfolio was acquired for $45.2 million.
Client
Plentific
Date
July 8, 2023
Maintenance Proptech Presents Fix For Multifamily's Pains
By Nathan Hale
summary
Plentific CEO and co-founder Cem Savas talked with Law360 reporter Nathan Hale about the growing use of proptech at multifamily properties as a way to increase operational efficiency, automate workflow for maintenance, inspections, and turns, and enhance the resident experience. The article points to Plentific’s ability to integrate with other property management systems, our innovative marketplace offering which helps evenly distribute maintenance work orders among building staff and outside vetted contractors, and easy communication between building staff and residents.
Client
Ariel Property Advisors
Date
July 7, 2023
Multifamily and Office Continue to Drag Down NYC Investment Sales
By Mark Hallum
summary
The Commercial Observer cites Ariel Property Advisors’ Second Quarter All Asset report, which reports that fewer investment properties in NYC traded hands in the first half of 2023 than in the second half of 2022, due to a sluggish multifamily and office market and despite steady increase in industrial, non-office commercial and development sites.
Client
Vessel Technologies
Date
July 6, 2023
Lennar, Mastry Ventures make multi-million dollar investment in net-zero prefab homes
By Quinn Purcell
summary
Investment firm Mastry Ventures and LENx, the venture arm of homebuilder Lennar, have co-invested in Vessel Technologies’ next-generation housing product that aims to cultivate a pathway to creating attainable housing across the country. Vessel’s housing system reimagines the apartment building as a consumer product by creating exciting, sustainable, and user-centric housing at attainable prices, accomplished by prefabricating wall and ceiling components in Vessel’s own manufacturing facility—cutting costs and time compared to traditional construction methods.