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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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Al Maryah Central to commence vertical construction this month
Gulf Related today announced that vertical construction on Al Maryah Central, a 2.3-million-square-foot super-regional shopping center located at the core of Al Maryah Island in Abu Dhabi, will commence this month. Gulf Related has selected Brookfield Multiplex as the main contractor responsible…, About Al Maryah Central:, Al Maryah Central is a 3.1-million-square-foot retail-led, mixed-use development that is owned and managed by Gulf Related, the joint venture partnership between Gulf Capital and Related Companies. Al Maryah Central will include a 2.3-million-square-foot shopping centre anchored by Macy’s and…, About Gulf Related:, Gulf Related is a regional real estate development company focused on retail, residential and high-end mixed-use real estate developments in the GCC. Gulf Related represents a joint venture between Gulf Capital, one of the GCC’s leading alternative asset management firms, and Related Companies, one…, About Brookfield Multiplex:, Brookfield Multiplex is a leading global contractor with over 50 years’ experience delivering complex landmark buildings and infrastructure assets across the Middle East, Europe, Canada and Australasia. The company was one of the first international construction firms to establish offices in the…
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Related Beal closes on Parcel 1B and finalizes financing for affordable and workforce development in downtown Boston
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston and its surrounding areas, announced today that it has closed on its financing and has entered into a 99-year land lease with the Commonwealth of Massachusetts for Parcel 1B in the…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all asset classes and storied local experience in life sciences, commercial and…
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Related Beal breaks ground on Parcel 1B, a mixed-use development with affordable and workforce housing and Courtyard by Marriott
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston and its surrounding areas, today celebrated the groundbreaking for Parcel 1B, a mixed-use, transit-oriented development of a 239 unit, 100 percent affordable and workforce residential…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all assets classes and storied local experience in life sciences, commercial and…, About Turnberry Associates:, Turnberry Associates is one of America's premier real estate development and property management companies. Founded more than 50 years ago, the company’s diverse projects have revolutionized the living, working, leisure and shopping habits of millions of people across the country. Turnberry…
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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 Companies announces the selection of AECOM as construction manager for The Grand
Related Companies today announced the selection of Los Angeles-based AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, as construction manager for The Grand, the Frank Gehry-designed, mixed-use development in downtown Los Angeles on Grand Avenue across from The Broad museum…, 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…, About CORE:, CCCG Overseas Real Estate Pte. Ltd. (CORE), founded in Singapore in 2015, is a subsidiary of China Communications Construction Group Ltd. (CCCG). CCCG is a leading global integrated infrastructure service provider with business presences in more than 145 countries, ranking 103rd on the 2017 Fortune…, About AECOM:, AECOM (NYSE:ACM) is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help…
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