The following is a selection of media placements for Great Ink clients and a summary of each.
Madison Realty Capital
July 14, 2020
By Kevin Sun
Madison Realty Capital, a developer and private lender, has provided a $150 million financing package for seven properties in Santa Monica and the San Fernando Valley, including six multifamily assets and a mixed-use development site. The loan will replace existing debt and finance WS Communities’s renovations on four rental properties in Santa Monica: the 11-unit 1007 Lincoln Boulevard, the six-unit 1038 10th Street, the seven-unit 1516 Stanford Street, and the 22-unit 1433 Euclid Street; as well as two in the Valley: the 80-unit 11611 Blucher Avenue in Granada Hills and the 60-unit 7810 Topanga Canyon Boulevard in Canoga Park.
The RADCO Companies
July 6, 2020
By Tony Wilbert
The RADCO Companies sold Ashford2788, a multifamily property with 298 apartments in an emerging Atlanta neighborhood, Upper Westside. The buyer was Quintus Corp, also in Atlanta, and paid $49.5 million for the complex at 2788 Defoors Ferry Road. The sale shows that even with the pandemic disrupting the economy, sales of apartment properties that have been renovated for higher resale is still a strategy developers can pursue.
Thornton Tomasetti
July 6, 2020
Bill Edwards, Associate Principal, Thornton Tomasetti
Bill Edwards, Associate Principal of Protective Design & Security Services at Thornton Tomasetti provides thought leadership in Texas CEO about security and safety as we return tot he workplace. He discusses three main points, including getting back to the “back and forth,” reimagining the workplace for the near term and long haul.
Waterton
July 6, 2020
By Mike Ulm
Mike Ulm, Pathway to Living’s VP of Culture and Brand Loyalty talks about a four-phase strategy to build an internal brand promise while creating opportunities to bolster staff dedication. He suggests following this process to grow a team of unified, dedicated professionals.
The RADCO Companies
July 1, 2020
The RADCO Companies has sold Mabry Manor, a 372-unit B class multifamily apartment community in Tampa, FL, to TLR Group for the gross purchase price of approximately $42.8 million. The pet-friendly community features a mix of studio, one- and two-bedroom apartments with open floorplans, gourmet kitchens and patios/balconies. Community amenities include pool and sundeck, fitness center, clubhouse, fully stocked lakes with floating deck and fishing pier, coffee bar, laundry facilities and business center.
July 1, 2020
By Amy Quesinberry
Maria Oliva, COO of Pathway to Living, which owns and manages Azpira at Windermere, a senior living community in Illinois, talks about the facility’s diligence in keeping the coronavirus from spreading between residents by having early access to testing, supplies of PPE and hand sanitizer and keeping the residents busy. Azpira had
them create individual projects that are all parts of something bigger, like planting seeds in the Victory Garden or getting involved in virtual learning.
View Inc.
July 1, 2020
By Brandon Tinianov
Brandon Tinianov, vide president of industry strategy at View, Inc. talks with IREI’s Real Assets Advisor about the importance of smart window technology in the workplace. Studies and surveys show that employees want access to natural light and the use of traditional window blinds and shades limits access to this.
RFR Realty
June 30, 2020
By Craig Karmin
The historic Seagram Building, owned by RFR Realty, is set to welcome the Seagram Playground, a 35,000-SF enclosed area underneath the plaza as a way to engage and interest younger office workers. The playground will be built where the parking garage is currently, and is meant to encourage team building and unwinding. It will include a climbing wall, basketball courts, fitness amenities, as well as retractable stadium-style benches that when open can host meetings for up to 200 employees.
Avison Young
June 22, 2020
Davean Holdings acquired two seven-story residential properties in Greenwich Village for $22.25 million. An Avison Young team comprised of James Nelson, Mitchell Levine, Brandon Polakoff, Alexandra Marolda and David Shalom brokered the sale of 103-105 MacDougal Street on behalf of seller, Wilma Gelfand. Encompassing 39,000 s/f with 72 apartments and one 5,000 s/f retail unit, the block-through properties sold for $572 psf. Comprised of mostly free market units, the property is being delivered with 41 vacancies. The units are configured as one- and two-bedrooms, with the potential to convert some of the one-bedroom units to two-bedrooms.