The following is a selection of media placements for Great Ink clients and a summary of each.
CommonWealth Partners
May 13, 2022
By Paul Bubny
CBRE arranged the first new lease at 441 Ninth Ave., the 700,000-square-foot Far West Side office tower, since CommonWealth Partners acquired the property in December for $1.033 billion. Digital asset and crypto technology firm Fireblocks inked a 10,000-square-foot lease for new pre-built space on the 15th floor of the property. CBRE’s Evan Haskell leads the team spearheading leasing at 441 Ninth on behalf of CommonWealth Partners. The CBRE team of Rocco Laginestra and Rob Wizenberg represented Fireblocks.
The Praedium Group
May 10, 2022
By Madalina Pojoga
The Praedium Group acquired Lenox Clear Lake, a 380-unit luxury community in Houston from OHT Partners. This is Praedium’s second buy in the Houston metro area. The property consists of traditional flats as well as two-story townhouse configurations. The apartments are equipped with modern kitchens and appliances, granite countertops, walk-in closets and washers and dryers, as well as a suite of amenities.
Marx Realty
May 6, 2022
By Adam Pincus
Adam Pincus, editor of PincusCo, sat down with Craig Deitelzweig, president and CEO of Marx Realty for a talk about the firm’s focus on value-add office investments in three core markets: New York City, Washington D.C. and Atlanta, and future outlook. The interview is also available on YouTube.
Asland Capital Partners
May 4, 2022
By Andrew Coen
Asland Capital Partners and Pembroke Residential Holdings have secured a $100 million financing package to build an affordable senior housing development in the Soundview neighborhood of the Bronx. The 14-story project at 1940 Turnbull Avenue, the 14-story project will be designated for ages 62 years or older, with 30 percent of the units set aside for seniors who were formerly homeless.
Asland Capital Partners
May 4, 2022
Asland Capital Partners and Pembroke Residential Holdings secured a $100 million loan for 1940 Turnbull Avenue in the Bronx. The site is set to house an affordable senior housing development, 154 units.
Mack Real Estate Group
May 3, 2022
By Jonathan Brasse
Mack Real Estate Group is included on PERE’s 2022 Real Estate Debt 50 list. Comments from Richard Mack, chief executive and cofounder of MREG, are featured in the opening Takeaways section.
The Praedium Group
May 3, 2022
By Mike Boyd
The Praedium Group has acquired Lenox Clear Lake, a 382-unit multifamily property in suburban Houston, marking the firm’s second recent purchase in the area. Amenities include two resort-style pools and cold spas, cabanas with flat-screen TVs, a poolside pavilion and outdoor kitchen. The complex also has numerous private workspaces at a business center, an indoor modern clubhouse and a recreational lounge with a pool table and arcade games.
Standard Real Estate Investments
May 3, 2022
Real Estate Alert reports on Standard Real Estate Investments’ newest team member, Lindsay Louie, who joined as a principal in Los Angeles. She will oversee new investments and capital raising. Louie comes from CBRE Investment Management, where she was a director focused on development, value-added and joint-venture transactions
Mack Real Estate Group
May 3, 2022
The Editors
Richard Mack, co-founder and CEO of Mack Real Estate Credit Strategies, and Kevin Cullinan and Priyanka Garg, co-heads of MRECS’ Real Estate Credit Investment Business, have been named to Commercial Observer’s 2022 Power Finance list.