The following is a selection of media placements for Great Ink clients and a summary of each.
Pembrook Capital Management
December 16, 2021
By Anda Rosu
Pembrook Capital Management has provided a $22.4 million first mortgage loan and a $6.6 million in preferred equity to Icarus Investments Group for its acquisition of the Cano 2 portfolio on Chicago’s South Side. Consisting of 20 three- and four-story buildings, the naturally occurring affordable housing portfolio includes 302 apartments and nine commercial units.
Populous
December 14, 2021
By Paul Colston
The US city of Birmingham, Alabama and global design firm Populous have celebrated a double-debut as the Birmingham Jefferson Civic Center Authority unveiled the new 42,000-seat Protective Stadium and the redesigned 15,000-seat Legacy Arena in the city’s downtown. Populous served as architect of record for both venues and also oversaw interior design, signage and graphic design services.
RAL Development Services
December 13, 2021
By Celia Young
Melio, a financial technology firm, is the first completed lease at the RAL Development Services’ Union Square tech hub, Zero Irving. Melio’s deal includes 25,000 SF, the entire 15th and 16th floors of the 21-story office building. Melio is relocating from a WeWork space at the 11-story 18 West 18th Street. The company plans to build out its new office at 124 East 14th Street and move in upon completion.
View, Inc.
December 9, 2021
By Corinne Grinapol
Engineering News-Record features the installation of View Smart Windows at Sacred Heart University’s new hockey arena in Fairfield, Conn. It will have a design feature not typically associated with indoor ice rinks: windows. View Smart Windows feature dynamic glass that uses an electrochromic coating to respond to external light conditions. In addition to tempering glare indoors, the surface reflects light, reducing heat gain from the sun’s rays.
RFR Realty
December 5, 2021
By Steve Cuozzo
Pickleball is the latest amenity at RFR Realty’s Seagram Building in New York City to help attract tenants. A pickleball court has been added to its Playground, a 34,000-SF, $25 million recreational complex beneath the building’s plaza, set to open in mid-2022. The facility will also have spaces for basketball, volleyball, floor hockey and even a rock-climbing wall.
Jonathan Rose Companies
December 1, 2021
By Lisa McDuffie
DC Green Bank, Jonathan Rose Companies and Somerset Development Company have closed a $1.85 million pre-development loan to finance the design and planning of Faircliff Plaza East, an affordable housing redevelopment in Ward 1 of Washington, D.C. The project is expected to increase available affordable units in the building by more than 50%, from 80 units to 185. The project is also scheduled to include a solar-integrated green roof and to feature the usage of carbon-sequestering concrete as well as up to 10 electric vehicle charging stations.
Hines
December 1, 2021
By Nate Berg
Hines, the international real estate company with more than $80 billion in assets under management, has created a new role that could soon become common in the industry: chief carbon officer. Michael Izzo, who will hold what is likely one of the first such positions in the RE industry is tasked with finding ways to improve building operations and energy efficiency throughout Hines’ portfolio, and also to find less resource-intensive materials and construction processes to get those buildings built.
Waterton
December 1, 2021
Waterton, a Chicago-based national real estate investor and operator, has acquired The Sierra Nevada Resort & Spa, an independent hotel in Mammoth Lakes, CA. Under Waterton, the 151-key lifestyle hotel will undergo a full renovation and repositioning. The top-to-bottom renovation strategy will include updates to current hotel rooms and outdoor common areas and add 30 well-appointed resort cabins to the site.
Hodges Ward Elliott
November 30, 2021
By Steve Brown
The 811-room Hyatt Regency DFW International Airport has sold in the largest North Texas hotel transaction since the start of the COVID-19 pandemic. It was originally a project of Dallas’ Woodbine Development, which sold the huge hotel property in 2014. Now Woodbine has bought the Hyatt back in a deal negotiated by a Hodges Ward Elliott team of Bourret, Austin Brooks and David Auer brokered the sale by a New York-based investment partnership.