The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Arden Group
Date
June 15, 2023
26-story residential tower tops out near Journal Square PATH station
By Jessica Perry
summary
Arden Group and Spitzer Enterprises announced the topping out of its 26-story, transit-oriented residential development in Jersey City. The building will include 390 rental units, ground-floor retail and other amenities. Completion is expected in 2024.
Client
Paradigm Advisory Group
Date
June/July 2023
The great reset
By Samantha Rowan
summary
Dan Blanco of Paradigm Advisory Group was featured in a Real Estate Capital USA article that looks at how the office sector, which has faced tremendous pressure since the Covid-19 pandemic, will deal with dropping valuations and the $900 billion wall of maturities coming due over the next two years.
Client
Waterton
Date
June 14, 2023
Chicago investor acquires second Eastside multifamily property in 3 months
By Shawna De La Rosa
summary
Waterton, a Chicago-based real estate investor, acquired the 265-unit Lakes apartment development at 14710 NE 40th Street in Bellevue, WA for $103 million, the company’s second Seattle-area multifamily acquisition in three months. The Lakes is a 29-building, 12.8-acre complex with two lakes, mature trees and landscaping. Amenities include two pools, two hot tubs, a fitness center, theater, conference room, business center and lounge. Waterton plans to update the apartments with new finishes and appliances, as well as renovate the existing clubhouses.
Client
Benenson Capital Partners
Date
June 13, 2023
The Grapevine
summary
Suzanne Boehm has been named chief accounting officer at Benenson Capital Partners. She will serve on the investment committee and arrange debt. Boehm joined Benenson in 2014. Her announcement was featured in Real Estate Alert’s Grapevine column.
Client
Ariel Property Advisors
Date
June 12, 2023
How the Fed’s Pause on Interest Rates Impacts Multifamily
By Jordana Rothberg
summary
An article in Multi-Housing News discusses high interest rates and the hopes that there is not another Fed hike. Matthew Dzbanek, a senior director of capital services at Ariel Property Advisors, provides his expertise on the topic.
Client
Enviro Power
Date
June 12, 2023
Flanigan's Eco Logic: Dan Nadav on SmartWatt Boiler Technology
Hosted by by Ted Flanigan
summary
Dan Nadav, CEO of Enviro Power, is a guest on the Flanigan’s Eco-Logic podcast, which provides information and insights in sustainability and the clean energy space. He discusses the SmartWatt Boiler technology. Listen here.
Client
T2D2
Date
June 8, 2023
NYC changes course on drone use, a potential bonus for building facade inspections
By Ellen Yang
summary
Brick Underground reporters on the proposed NYC regulations that could make unmanned aircrafts legal, paving the way for more widespread use of drones in building facade inspections. Reporter Ellen Yang spoke with Badri Hiriyur, founder and CEO of T2D2, which uses artificial intelligence and thousands of images of facade defects to pinpoint and analyze problems on drone photos.
Client
Plentific
Date
June 6, 2023
Plentific Launches Proptech Platform in the U.S.
By Christine Serlin
summary
Plentific has launched in the United States to help multifamily and single-family owner-operators and property managers improve work flows as well as provide better resident experiences. The fully integrated, real-time property operations system, provides an end-to-end property solution, including tracking, executing, inspecting, and invoicing for repairs, renovations, and unit turns. It has over 1 million multifamily housing units on its platform in the United Kingdom and Germany. According to the company, its U.K. landlords utilizing the platform have reported a 54% decrease in turn time maintenance and a 3.5% increase in annual rental income. Founder and CEO Cem Savas talks with Multifamily Executive about the exciting news.
Client
Fried Frank
Date
June 1, 2023
How Private Equity Plans to Capitalize on Commercial Real Estate Distress
By Brian Pascus
summary
Avi Feinberg, a real estate partner at Fried Frank, is quoted in a Commercial Observer article that talks about capitalizing on commercial real estate distress. Feinberg notes that many of his private equity clients are using the distress to invest in alternative asset classes: marinas, RV parks with amenities, corporate-branded RV parks, and logistics centers.