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Related announces record sale of high-profile OneEleven apartment tower
Related announced today that it has sold OneEleven, a 504-unit ultra-luxury apartment tower located at 111 W. Wacker Drive, for over $328 (328.225) million. At $651,000 per unit, it is the highest amount ever paid for an apartment building in Chicago. The sale comes just three years after Related…
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Related Midwest nears sales closeout at South Loop Luxury by Related
Related Midwest today announced the anticipated sellout of South Loop Luxury by Related, with just 15 of the collection’s original 504 condominiums remaining. The residences, located across three South Loop towers—The Grant, Adler Place and Harbor View—include a mix of one-, two- and three-bedrooms…, About Related Midwest:, Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Recognized for its innovative, market-defining developments, Related Midwest has reshaped luxury living…
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Related to acquire, rehabilitate and preserve more than 3,000 affordable housing units in Illinois and the Midwest
Related Companies, one of the largest owners of affordable housing in the United States, today announced that the company is in the process of acquiring 17 properties totaling 3,062 affordable housing units across the Midwest. Through a public-private partnership with the City of Chicago and…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.…
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Related Companies makes a groundbreaking strategic investment in Pocket to greatly expand for-sale affordable housing in London
Pocket, the leading developer of homes for first-time buyers in London, today announced a landmark deal with Related Companies, one of the largest owners and developers of affordable housing in the U.S. Related’s strategic investment in Pocket, acquiring a 50% stake in the company, marks the first…, About Pocket:, Pocket’s business model is to build affordable housing, without direct public subsidy, sold outright to buyers at a discount to the local market of at least 20%. In 2013, the GLA awarded Pocket a 10 year loan worth £21.7 million (recently increased to £26.4 million) from the Mayor’s Housing…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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Related California and Deutsche Bank announce closing of $458.5 million construction financing for 1500 Mission Street
Related California and Deutsche Bank today announced they’ve closed on California’s largest-ever construction financing with tax-exempt bonds, totaling $316.8 million, to finance construction costs for its new development at 1500 Mission Street. The tax-exempt bonds will be purchased by Deutsche…, About Related California:, Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best in class luxury…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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Related Midwest tops off One Bennett Park in Chicago's Streeterville neighborhood
Related Midwest today celebrated the topping off of One Bennett Park, the developer's ultra-luxury residential tower at 451 E. Grand Ave. in Chicago's Streeterville neighborhood. The celebration, co-hosted with Lendlease, the project's general contractor, included a lunch and raffle…
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The Emerson in downtown Los Angeles unveils luxury interiors by Marmol Radziner
Real estate industry leader Related California, the West Coast affiliate of the nation's largest privately owned development firm, Related Companies, today unveiled now completed interiors by Marmol Radziner at The Emerson, a luxury apartment building located in the heart of downtown Los…, About Related California:, Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best-in-class luxury…, About Related Rentals:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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Chef Agostino Sciandri and Related California announce the grand opening of Vespaio at The Emerson
One of Los Angeles' most admired restaurateurs & chefs, Agostino Sciandri, has unveiled his signature Italian cuisine atop downtown's Bunker Hill with Vespaio. Set on the ground floor of The Emerson, Bunker Hill's stunning luxury apartment building by premier real estate…, Dining Amenities at the Emerson:, The Emerson boasts unsurpassed amenities and services including a private residence penthouse lounge and terrace, outdoor pool and 24-hour attended lobby with concierge. With the opening of Vespaio, these amenities—commensurate with those of fine luxury hotels—now include exclusive food services…, The Design:, Designed by Ralph Gentile Architects, Vespaio is an homage to the sensual Mediterranean lifestyle. Reflecting the restaurant's light, modern Italian fare, the interiors are reminiscent of Italian yachts and the glorious Riva Aquarama speedboats of the 1960s—a clever mash-up of Gio Ponti and…, About Agostino Sciandri:, Agostino Sciandri, the popular Italian chef who brought the true flavor of Tuscany to Los Angeles, continues to endear himself to foodies. His namesake restaurant, AGO, in West Hollywood, represents the culmination of Sciandri's 45 years in the restaurant industry and his lifelong passion for…, About The Emerson:, Rising 20 stories above the epicenter of Los Angeles' arts and culture scene, The Emerson unifies world-class architecture, exquisite design and an ideal location for young professionals and families alike. Breathtaking panoramic views of the entire city from residences and amenity spaces…, About Related California, Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best-in-class luxury…, Website:, www.related.com, Twitter:, @theemersonla, Instagram:, @theemersonla, Facebook:, @theemersonla, Website:, vespaiodtla.com, Instagram:, @vespaiodtla
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