The following is a selection of media placements for Great Ink clients and a summary of each.
Client
Waterton
Date
October 20, 2022
City commission greenlights 2,700 new downtown apartments in 6 different proposed towers
By Brian J. Rogal
summary
David Schwartz, CEO of investment firm Waterton, is quoted in a Chicago Tribune article about the demand for apartments in Chicago and planned new developments.
Client
The RADCO Companies
Date
October 19, 2022
RADCO Hotel Division Acquires the 112-Key Aloft Sugarloaf in Northeast Atlanta, Geogia
summary
The RADCO Companies has acquired Aloft Sugarloaf in Atlanta, a newly developed five-story, 112-key hotel off I-85, one of the nation’s busiest interstates.The deal marks the 10th acquisition by RADCO’s new hotel division, launched in early 2021 in response to the COVID-19 pandemic’s operational and capital markets disruptions in the hospitality sector.
Client
Vessel
Date
October 18, 2022
Demand for Prefabricated Apartments Climbs as Costs Balloon for Multifamily Development
By Rebecca Picciotto
summary
An article in the Wall Street Journal talks about the rising construction rates of prefabricated homes, which offer an alternative to traditional multifamily, where the construction process has slowed because of rising costs and supply-chain delays. It explores a prototype being built by Vessel Technologies Inc., a prefabricated-housing startup, in New London, Conn, after a successful site launch in Trenton, NJ, which responded to the community’s widespread housing shortage. Vessel notes that the New London site is expected to take eight months, versus the two years that is required for a traditional building strategy.
Client
FirstService Residential
Date
October 18, 2022
FirstService Residential Names VP for NYC Condos and Co-ops
By Paul Bubny
summary
David Von Hollweg has risen to to vice president in FirstService Residential’s NYC Condo/Co-op Division. He executive oversight of a management portfolio comprising roughly 4,000 condos, co-ops, condops, and a team of dedicated property managers and assistants who specialize in the management of high-end residential buildings in New York City.
Client
Ariel Property Advisors
Date
October 17, 2022
Manhattan Multifamily Sales Volume Continues to Increase as Possible Inflation Hedge
By Mark Hallum
summary
Data from Ariel Property Advisors was cited in a Commercial Observer article about multifamily building sales in New York City. According to Ariel, the dollar volume of multifamily transactions was up 37 percent annually in the third quarter, and the average dollar volume was also 71 percent above the five-year quarterly average of $2.085 billion. Shimon Shkury, president and founder of Ariel Property Advisors, discusses the findings.
Client
Standard Real Estate Investments
Date
October 17, 2022
Mega Northeast D.C. development site sold, 1,500 residential units planned
By Tristan Navera
summary
Tristan Navera of the Washington Business Journal reports on a recent transaction. Standard Real Estate Investments LP has acquired the 13-acre site in Northeast D.C. known as Northeast Heights, which includes the Senator Square and East River Park shopping centers about a third of a mile from the Minnesota Avenue Metro station. Standard will carry out a previously entitled mixed-use redevelopment featuring approximately 1,500 residential units and 120,000 square feet of retail. About 300 units would be affordable, developed with NHT Communities.
Client
FirstService Residential
Date
October 13, 2022
Outer Boroughs Multifamily Update
summary
Marc Kotler, senior vice president of FirstService Residential New York’s New Development Group joins Jeffrey Simpson, Arch Street and Jed Resnick, CEO of Douglaston Development on Connect CRE’s multifamily update webinar. Topics discussed include investing and development in the post-421a environment, hybrid work and its impact, and other main issues.
Client
Aeromine
Date
October 13, 2022
These mini wind turbines are designed for rooftops
By Adele Peters
summary
Fast Company’s Adele Peters talks with Aeromine CEO David Asarnow about the firm’s launch and current installation projects with companies like BASF. Asarnow points out how the Aeromine units’ technology helps to mitigate some of the previous issues had by wind power systems.
Client
Hodges Ward Elliott
Date
October 13, 2022
HWE Arranges Sale of Largest Hotel in Greenwich, CT
By Paul Bubny
summary
Hodges Ward Elliott has arranged the sale of Hyatt Regency Greenwich, a 373-key, four-story hotel located in Old Greenwich, CT. The hotel resides on a 14-acre site adjacent to I-95 in Fairfield County. It’s the largest (per key count) and only branded full-service hotel in the Greenwich area. The buyer, an investment fund managed by Honolulu based Trinity Fund Advisors LLC, an affiliate of Trinity Real Estate Investments LLC, is planning a renovation of the hotel.