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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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Welltower acquires 33-property seniors housing portfolio for $548m, plans two developments in Silicon Valley
Welltower, Related Cos. and Atria Senior Living are developing this 158-unit seniors housing community in Cupertino, California. Construction is scheduled to begin in 2022 for completion in 2024.
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Related California announces $690m construction financing for Santa Clara residential projects
Related California today announced $690m in construction financing for residential development in Santa Clara. This investment signals the beginning of Related’s growth in Santa Clara and underscores the company’s commitment to deliver the most ambitious and complex development in the country.…, Advisors, Greenberg Traurig, LLP / Stroock & Stroock & Lavan LLP served as legal counsel for Related. Winstead served as legal counsel for Otera Capital; Riemer & Braunstein, LLP for PNC Bank; and Gibson Dunn for WELL. ###, About Related Companies:, Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States. Formed 50 years ago, Related is one of the largest private owners and preservationists of affordable housing in the U.S. and a fully-…
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