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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 Companies enters into joint venture on 111 West Wacker Drive, firm to redevelop property as luxury rental building
Related Companies today announced that it has entered into a joint venture agreement with Clark Wacker LLC on a development site at 111 West Wacker Drive in Chicago, Illinois. Related plans to redevelop the property as an approximately 500-unit luxury rental complex that will include on-site…
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Related Midwest breaks ground on innovative luxury rental tower
Market-Defining Building with Sustainable Features, Best-In-Class Amenities and Stunning Views Located at 500 Lake Shore Drive will Create More Than 750 Union Construction Jobs Related Midwest, in partnership with the AFL-CIO Building Investment Trust, today joined local elected officials and labor…
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Related California Breaks Ground On $350 Million Village at Santa Monica; First Major Residential Development On Ocean Avenue In Two Decades
Related California today started construction on The Village at Santa Monica, a $350 million mixed-use, mixed-income development that is the final piece in the revitalization of the civic hub in thriving downtown Santa Monica. Steps from the beach, The Village at Santa Monica is an urban mix of 318…
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Related Companies announces celebrated chef David Myers' restaurant at The Century Los Angeles' most exclusive condominium tower
Related Companies, one of the nation’s most prominent real estate firms and developer of New York’s landmark Time Warner Center today announced that renowned chef and restaurateur David Myers will debut a new signature restaurant at The Century. Slated to open in late 2012, the restaurant will be…
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Related Enters Into Partnership to Re-Imagine and Re-Launch Three Marquee Condominium Developments In Chicago's South Loop
Related Midwest will Bring Best-in-Class Design, Amenities and Management to 1201 South Prairie Avenue, 1629 South Prairie Avenue and 1901 South Calumet Avenue; Expect to Launch Sales this Fall Related Midwest today announced that it has entered into a partnership to re-launch three newly…
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Related Midwest resumes construction of 111 West Wacker Drive
Re-Imagined to become Chicago’s Premier Luxury Residential Tower 60-story Building Represents Visible Recovery of Real Estate Market CHICAGO – Today, Alderman Brendan Reilly of the 42nd Ward and Commissioner Andrew J. Mooney, of the Chicago Department of Housing and Economic Development joined…
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