The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Marx Realty
Date
January 23, 2025
Teladoc Health Expands to 15K SF at Marx Realty’s 10 Grand Central
By Amanda Schiavo
summary
Teladoc Health, an online health care resource, renewed its offices at Marx Realty’s 10 Grand Central and doubled its footprint to 15,000-SF. The company moved to 10 Grand Central in 2023, when it took 7,000-SF. Teladoc is in the process of relocating its HQ to NYC from Purchase, NY. Learn more.
Client
Standard Real Estate Investments
Date
January 23, 2025
Luxury Residential Building in Downtown Indianapolis Sells
By Jasmine Kilman
summary
Standard Real Estate Investments and Arrow Street Development have closed on the sale of Wesley Place, the only luxury residential building in Downtown Indianapolis’ Medical District. The 244-unit apartment building at 75 West 18th St. was built in 2023 as part of Standard’s strategic investment program with Belay Investment Group, LLC. The seller was represented by a JLL Chicago team of Amanda Friant, Ken Martin, Mark Stern, Zach Kaufman and Sam Grohe. Learn more.
Client
Landmark Properties
Date
January 22, 2025
People moves: OMERS Infrastructure names Gray head of Americas
summary
Nikko Politis has been appointed senior director of multifamily acquisitions at Landmark Properties, responsible for leading Landmark’s investment activities focusing on stabilized and value-add acquisitions across the traditional multifamily landscape.
Client
Ariel Property Advisors
Date
January 22, 2025
New York City’s Rent-Stabilized Stock Appears to Be Drawing More Investors
By Amanda Schiavo
summary
An article in Commercial Observer details the rise and fall of investor interest in rent-stabilized units in New York City. Once lucrative because laws that made it easy to turn regulated apartments into market-rate units, the practice went out the window when the Housing Stability and Tenant Protection Act of 2019 prohibited sharp rent increases that would eliminate a unit from being stabilized, and also dissolved investor interest. The article cites data from Ariel Property Advisors. Read full story here.
Client
Marx Realty
Date
January 22, 2025
Teladoc to relocate headquarters from New York suburb to Manhattan
By Andria Cheng
summary
Telemedicine provider Teladoc Health is moving its headquarters from Purchase, NY to Marx Realty’s 10 Grand Central in Manhattan. The company is more than doubling its footprint to 15,000-SF at 155 East 44th Street. Additionally, Exiger, a cybersecurity and supply chain technology firm, also is taking 9,000 square feet in a new, seven-year lease at 10 Grand Central in a relocation from 230 Park Ave. Read more here.
Client
Waterton
Date
January 21, 2025
Waterton invests $16 million in Aurora apartment project
By Wendell Hutson
summary
Waterton has made a $16 million equity investment in the Residences at Eastbank, a 258-unit apartment building in Aurora apartment project under construction by DAC Developments, slated for completion in 2026. Geneva Capital Group, a private commercial real estate finance and advisory firm in Wheaton, arranged the Waterton investment as well as a $45 million senior loan for the project. Read the full story here.
Client
Landmark Properties
Date
January 21, 2025
Five questions for Landmark Properties' CEO
by Chris Borland
summary
Landmark Properties’ CEO and founder Wes Rogers is featured in Green Street News’ “Five Questions” column. He talks about the firm’s entry into the UK/European market in 2024, expansion plans, and the student housing sector in the UK, among other topics. Read the full story here or at the linked PDF.
Client
Waterton
Date
January 17, 2025
Illinois Rental Project Lands Financing
summary
Waterton has announced a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit, mid-rise apartment building at 100 N. Broadway in downtown Aurora, IL. The project is sponsored by Chicago-based firm DAC Developments with additional support from the City of Aurora. The investment was arranged by Wheaton, IL based Geneva Capital Group, who also provided the $45 million senior loan for the project on behalf of their bank syndication program. Construction began in May 2024, and is expected to be completed in 2026.
Client
MdeAS Architects
Date
January 17, 2025
A look at the latest crop of top towers rising in NYC
By Lois Weiss
summary
The New York Post explores the wave of new developments that are joining NYC’s skyline, adding much needed housing and also trophy commercial office space. Among them is 140 W. 57th Street, an office to condo conversion being carried out by Feil Organization and designed by MdeAS Architects. Read the full story here.