The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Hodges Ward Elliott
Date
February 23, 2022
HWE Brokers Sale of 319-Room Hotel Van Zandt in Austin
By David Cohen
summary
Hodges Ward Elliot has arranged the sale of Hotel Van Zandt, a 319-room hotel at 605 Davis Street in downtown Austin. Daniel Peek, John Bourret, Austin Brooks and David Auer of HWE advised the undisclosed seller in the transaction. Hotel Van Zandt opened in 2015 and is part of the Kimpton network of international hospitality assets.
Client
Camber Creek
Date
February 21, 2022
These Tech Companies Are Helping To Solve The Construction Worker Labor Shortage
By Jeffrey Steele
summary
A Forbes article highlights tech companies that are helping to solve the labor shortage. Real estate is one of the industries feeling the shortage of candidates, due to a labor supply-demand mismatch. Tech startups like Bridgit, a workforce intelligence construction technology firm, whose mission is to optimize workforce management and workflow, are using innovation to solve and manage the scarcity of qualified candidates. Mitchell Schear, an executive partner at Camber Creek, the venture capital firm that co-led the Series B round for Bridgit, is quoted.
Client
EW Howell Construction Group
Date
February 21, 2022
PHOTO TOUR: Sunrise Of Summit
By Tracey Walker
summary
Environments for Aging features Sunrise Senior Living’s new 62,500-SF community in Summit, N.J. Occupying a formerly underutilized site on the banks of the scenic Passaic River, the community includes 52 assisted living units and 28 memory care units with a mix of studio, one-bedroom, and two-bedroom options. EW Howell Construction Group served as the project’s general contractor, while Lantz-Boggio was the architect.
Client
FirstService Residential
Date
March/April 2022
New York City Market Proves Resilient
By Bendix Anderson
summary
FirstService Residential New York’s Marc Kotler weighs in on the high volume of new residential developments planned for this year, as well as the rising rents in multifamily. As senior vice president of new development consulting and property management at FSR, Kotler adds that developers are rethinking size and scope of construction as the tax breaks are under question.
Client
FirstService Residential
Date
February 16, 2022
Kelly Dougherty promoted to President of FirstsService Energy, FirstService Residential’s Energy & Sustainability Group
summary
Kelly Dougherty has been named president of FirstService Energy, the sustainability and energy management arm of FirstService Residential, the leading manager of residential communities in North America. Kelly is tasked with leading environmental change by improving energy efficiency and reducing water consumption, ultimately with the goal of reducing operating costs and harmful carbon emissions across FirstService Residential’s extensive property management portfolio.
Client
Waterton
Date
February 15, 2022
Why garden apartments have growing institutional appeal
By Kyle Campbell
summary
A PERE article focuses on the competition for garden-style apartments, citing a price surge for existing garden apartments. Waterton, a Chicago-based multifamily specialist, is investing in ground-up development across the Sunbelt corridor, unique from its traditional activity as a value-add fund manager. Waterton’s CIO Rick Hurd is quoted.
Client
Waterton
Date
January/February 2022
Affordable housing US: A double-edged sword for investors
By Vanessa Drucker
summary
This article focuses on a unique set of challenges faced by investors of multifamily properties during the pandemic, weighing social compassion against economic realities. During the COVID-19 rent moratorium in the US, institutional residential owners had to balance income protection with ESG considerations. David Schwartz, CEO of Waterton, and Caroline Vary, senior managing director of asset management at Jonathon Rose Companies, talk with Vanessa Drucker.
Client
RADCO Companies
Date
February 15, 2022
Radco kicks off acquisition drive
summary
Real Estate Alert reports RADCO Companies’ acquisition of 1080 West Peachtree Street NW in Midtown Atlanta for $131 million. The 320-unit luxury apartment property is 95% occupied and its name will be changed to M by Radius from Skyhouse Midtown. This deal marks RADCO’s first in an effort to shift its focus toward urban multifamily and away from suburban workforce housing.
Client
Castle Lanterra Properties
Date
February 14, 2022
Everett’s Lumen Apartments Sell for $38.75MM
By Meghan Hall
summary
Castle Lanterra Properties sold the Lumen Apartments at 1315 Pacific Avenue in Everett, Washington for $38.75 million. Built in 2011, the 108-unit complex offers a mix of studios, one- and two-bedroom apartments ranging in size from 408 to 917 square feet, according to Apartments.com. Rents begin at just under $1,200 per month. Castle Lanterra Properties owns 7,500 units across 19 properties. It typically targets well-located, high-quality and cash-flowing communities in strategic markets.