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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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W Hotels Worldwide and Related announce launch of sales of The Residences at W Fort Lauderdale and renovation of W Fort Lauderdale
W Hotels Worldwide, part of Starwood Hotels and Resorts Worldwide, Inc. (NYSE: HOT), and storied developers Related Companies and The Related Group today announced comprehensive renovation plans for W Fort Lauderdale and The Residences at W Fort Lauderdale. Related will reimagine 147 luxury…, About W Hotels:, Worldwide W Hotels is a contemporary, design-led luxury lifestyle brand and the industry innovator with 46 hotels and retreats, including 17 W-branded residences, in the most vibrant cities and exotic destinations around the world. Inspiring, iconic, innovative and influential, W Hotels provides…, 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 The Related Group:, Established in 1979, The Related Group is Florida's leading developer of sophisticated metropolitan living and one of the country's largest real estate conglomerates. Its innovative residential developments, that reach cross-market sectors, have dramatically altered South Florida's…
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Related to renovate W Fort Lauderdale Hotel & Residences
Related Companies purchased the hotel and 147 condos in July 2014 for $90m.
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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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Miami Beach commission votes to advance Deauville project to the ballot this fall
Today, the Miami Beach City Commission voted to advance the redevelopment of the Deauville Hotel, led by developer Stephen Ross and to be designed by legendary architect Frank Gehry. If approved by voters in this year’s election, the proposed plan would redevelop the derelict Deauville site, which…
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