The following is a selection of media placements for Great Ink clients and a summary of each.
Waterton
June 30, 2021
By David Cohen
Waterton, a national real estate investor and operator has acquired The Amelia Apartments, a 200-unit apartment community in Quincy, Mass. at 10 Faxon Avenue. The 10-story property was built in 2006 and features studio, one- and two-bedroom rental homes. Of the 200 residences at The Amelia, 25 percent were recently renovated and Waterton will implement its comprehensive value-add program to upgrade the remaining apartment homes creating a consistent finish level across the property.
Jonathan Rose Companies
June 29, 2021
By Eddie Small
L+M Development Partners, Jonathan Rose Companies and Acacia Network closed on a $223 million in financing for the second and final phase of a 700+-unit affordable housing project in East Harlem. Phase two of the project, known as Sendero Verde, will feature a 34-story tower with almost 350 affordable housing units serving tenants ranging from the formerly homeless to people earning 90% of area median income. It will also include about 23,000 square feet of community space and 4,700 square feet of retail space.
Hines
June 24, 2021
By Peter Katz
Edge-on-Hudson, a project to redevelop the former General Motors North Tarrytown manufacturing site in Sleepy Hollow celebrated the topping out of NorthLight, developed by Hines. NorthLight is part of the Edge-on-Hudson complex, and will have 246 units in a mix of studio, one-and two-bedroom apartments. The connected parking garage will have 427 spaces. Among the amenities are a 17,000-square-foot outdoor courtyard with swimming pool, firepits, lounge areas, fitness center, pet spa and playroom for children.
Savanna
June 23, 2021
By Lois Weiss
Target has just leased 31,000 square feet at One Court Square in Long Island City. The store will have a dedicated ground-floor entry, the entire 23,400-SF second floor and a portion of the third story. Savanna, the owner of One Court Square, is upgrading the building with an $85 million capital improvement program. Jeff Howard and Ben Weiner of RIPCO Real Estate represented Target while Savanna was represented by Steve Baker and Daniyel Cohen of Winick Realty Group.
Waterton
June 18, 2021
By Katherine Davis
Aaron Sheppard has been named vice president of capital programs for Pathway to Living, Waterton’s senior housing portfolio.
EW Howell Construction Group
June 16, 2021
By Joshua Burd
EW Howell Construction Group completed two senior living facilities for Sunrise Senior Living in Summit, NJ and Huntington, NY. The Summit location is a 70,000-square-foot, steel and concrete structure that also includes lower-level parking. The Sunrise of Huntington community includes 90 units with 108 beds, providing assisted living and memory care services inside a two-story building, featuring amenities such as a wellness center, an activity room and a beauty salon.
Castle Lanterra Properties
June 9, 2021
Castle Lanterra Properties has sold Watergate Poninte in Annapolis, Maryland to TPG Real Estate Partners. The 21-building, 608-unit campus apartment community is on an expansive 31-acre inlet of the Chesapeake Bay peninsula. The property features panoramic water views, a 162-slip marina with fishing docks, and is located within walking distance of historic downtown Annapolis and the Naval Academy.
Latch
June 7, 2021
By Angelica Krystle Donati
Latch, an access control and building software provider has officially gone public. Founded in 2014, Latch is an enterprise SaaS provider to buildings and residents in over 300,000 units across more than 35 states, with one in ten new multifamily apartments in the United States built with Latch in 2019. Forbes talks with Casey Berman, General Partner at proptech venture fund Camber Creek, which was Latch’s first VC investor, to discuss this news and the outlook for the sector.
Avison Young
June 2, 2021
By Andrew Coen
An Avison Young team represented landlord S.A. Bendheim Co. in a lease deal for Anthemis. The financial services company took 5,802 SF at 122 Hudson Street in Tribeca for its new corporate HQ. Anthemis is planning to relocate its headquarters from 142 Greene Street in SoHo following a buildout within the next two to three weeks. Peter Gross of Avison Young represented S.A. Bendheim Co. in the transaction. Greg Wang from Newmark represented Anthemis in the negotiations.