The following is a selection of media placements for Great Ink clients and a summary of each.
Pembrook Capital Management
March 2, 2022
By Patrick Sisson
Pembrook Capital Management, a national lender focused on affordable housing, named civil rights attorney and former New York City mayoral candidate Maya Wiley as a senior adviser focused on “addressing racial and economic inequality” within its lending business. The appointment speaks to new ways commercial real estate firms are attempting to address equity issues both within the profession, and via its wider impact on housing and the economy, such as new initiatives to support Black and BIPOC developers.
The Cordish Companies
January/February 2022
By Matt Valley
John Moncke, president of The Cordish Companies’ Kansas City Power & Light District in downtown Kansas City, MO, talks with Midwest Multifamily & Affordable Housing Business about the Kansas City apartment market, and the firm’s newest rental under construction, Three Light Luxury Apartments.
The Praedium Group
March 1, 2022
By Olivia Bunescu
The Praedium Group has acquired The Sound at Pennington Bend, a 296-unit community in Nashville, Tenn. The community spans 14.3 acres and comprises eight buildings with one-, two- and three-bedroom floorplans, ranging from 674 to 1,554 square feet. All units are equipped with granite countertops, stainless steel appliances, a smart home system, full-size washers and dryers, walk-in closets and private balconies or patios.
Hodges Ward Elliott
February 28, 2022
By Ingrid Tunberg
Boutique real estate capital markets advisor Hodges Ward Elliott arranged the sale of a three-property hotel portfolio to Peachtree Hotel Group, and managed the marketing process for the portfolio. Widewaters Hotels developed, owned, and operated the portfolio, which consists of the 137-room Aloft Hillsboro-Beaverton in Hillsboro, OR, the 120-room Home2 Suites by Hilton Eugene Downtown University Area in Eugene, OR, and the 119-room Home2 Suites by Hilton Pittsburgh/McCandless in Pittsburgh, PA.
Camber Creek
February 23, 2022
By Hiten Samtani
Camber Creek has raised $325 million for its fourth and largest fund to-date. The firm aims to replicate its strategy of finding interesting startups across the spectrum, connecting them with its owner-operator limited partners, and helping them scale. The Real Deal talks with Camber Creek managing partner Casey Berman.
Hodges Ward Elliott
February 23, 2022
By David Cohen
Hodges Ward Elliot has arranged the sale of Hotel Van Zandt, a 319-room hotel at 605 Davis Street in downtown Austin. Daniel Peek, John Bourret, Austin Brooks and David Auer of HWE advised the undisclosed seller in the transaction. Hotel Van Zandt opened in 2015 and is part of the Kimpton network of international hospitality assets.
Camber Creek
February 21, 2022
By Jeffrey Steele
A Forbes article highlights tech companies that are helping to solve the labor shortage. Real estate is one of the industries feeling the shortage of candidates, due to a labor supply-demand mismatch. Tech startups like Bridgit, a workforce intelligence construction technology firm, whose mission is to optimize workforce management and workflow, are using innovation to solve and manage the scarcity of qualified candidates. Mitchell Schear, an executive partner at Camber Creek, the venture capital firm that co-led the Series B round for Bridgit, is quoted.
EW Howell Construction Group
February 21, 2022
By Tracey Walker
Environments for Aging features Sunrise Senior Living’s new 62,500-SF community in Summit, N.J. Occupying a formerly underutilized site on the banks of the scenic Passaic River, the community includes 52 assisted living units and 28 memory care units with a mix of studio, one-bedroom, and two-bedroom options. EW Howell Construction Group served as the project’s general contractor, while Lantz-Boggio was the architect.
FirstService Residential
March/April 2022
By Bendix Anderson
FirstService Residential New York’s Marc Kotler weighs in on the high volume of new residential developments planned for this year, as well as the rising rents in multifamily. As senior vice president of new development consulting and property management at FSR, Kotler adds that developers are rethinking size and scope of construction as the tax breaks are under question.