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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 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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Gulf Capital and Gulf Related Launch Sr 1 Billion Residential Real Estate Development In Riyadh to Capitalise On The Substantial Housing Boom In Saudi Arabia
Gulf Capital, one of the largest and most active alternative investment firms in the Middle East, announced today its formal entry into the Saudi Arabian residential market and the launch of an ambitious SR1 billion investment programme in this sector through its real estate development arm, Gulf…
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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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