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Related acquires 3,000-unit apartment portfolio in Midland and Odessa, Texas, capitalizing on opportunity to deliver institutional-quality management and multi-family rentals
Related Companies today announced that the Related Real Estate Recovery Fund has acquired a portfolio of 21 multi-family apartment properties, including approximately 3,000 apartment units in Midland and Odessa, Texas. Related expects to improve the portfolio by implementing institutional-quality…, About the Related Real Estate Recovery Fund:, The Related Real Estate Recovery Fund closed in January 2012 after raising $825 million in equity commitments – exceeding its $750 million target. It was among the largest U.S. real estate vehicles raised in 2012. Fund investments include diverse properties across the real estate spectrum such as:…, 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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Why Related Cos. is buying affordable senior residences from diocese in downtown West Palm
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Related Affordable announces the preservation and renovation of 325 units of affordable senior housing in downtown West Palm Beach
Related Affordable, the largest private preserver of affordable housing in the United States, today announced it has partnered with Rainbow Housing Assistance Corporation, a national non-profit organization which provides award-winning services for low-income housing tenants throughout the country…, 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 over 45 years ago, Related is the largest private owner of affordable housing and a fully-integrated, highly diversified…
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Wall Street South builds its own New York to lure younger crowd
As Goldman Sachs and other big firms move in, developers plan a Manhattan-style makeover to Florida’s West Palm Beach.
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Related Cos. buys West Palm Beach affordable housing buildings
In partnership with the non-profit Rainbow Housing Assistance Corporation, Related acquired the 148-unit St. James Residence and the 177-unit St. Andrews Residence from the Episcopal Diocese of Southeast Florida for $40 million and $25 million, respectively.
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Sunshine estates
South Flagler House's two 28-story towers ensconce 108 two- to five-bedroom homes, priced from $5.9 million to $72.5 million.
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Palm Beach starchitects: Luxury living in haute homes
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Miami Dolphins' Ross plans Shorecrest, another condo for West Palm Beach's waterfront
Shorecrest is the name of the 140-unit condo set to rise at 1901 N. Flagler Drive.
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