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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 Companies names Timur Galen Executive Vice President
Related Companies today announced that Timur Galen will join Related as executive vice president. In this role, Timur will be a part of the senior executive team for the development of Hudson Yards, primarily responsible for leading and overseeing over seven million square feet of commercial office…, 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 Hudson Yards:, Hudson Yards is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. The 28-acre site will include more than 17 million square feet of commercial and residential space, more than 100 shops and…
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Related Companies and Hilton Hotels and Resorts introduce Hilton West Palm Beach
The highly anticipated Hilton West Palm Beach opened its doors today to welcome local patrons and visitors alike. Related Companies, Palm Beach County, the City of West Palm Beach and Hilton Worldwide (NYSE: HLT) collaborated to conceptualize and deliver an innovative, contemporary and forward-…, About Hilton Worldwide:, Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 97 years, Hilton Worldwide has been dedicated to continuing its tradition of providing…, About Hilton Hotels & Resorts:, For nearly a century, Hilton Hotels & Resorts has been proudly welcoming the world's travelers. With more than 560 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As the…, 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 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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Corvex and Related announce board slate to be nominated at special meeting of CommonWealth REIT shareholders
Corvex Management LP ("Corvex") and Related Fund Management, LLC ("Related"), whose separately managed investment funds collectively own approximately 9.6% of the outstanding shares of CommonWealth REIT (NYSE:CWH), today announced that they intend to nominate a slate of five…, Additional Information on the Nominees:, James Corl:, James Corl has been a managing director at Siguler Guff & Company since 2009, and is the head of real estate. Mr. Corl oversees the firm's real estate investment activities, setting investment strategy, designing and constructing the portfolio, identifying potential investments and…, Edward Glickman:, Edward Glickman is the executive director of the Center for Real Estate Finance Research and Clinical Professor of Finance at New York University Stern School of Business, and has been a professor at the Stern School of Business since 2006. Mr. Glickman is also currently the executive chairman of…, Peter Linneman:, From 1979 to 2011, Dr. Linneman was a Professor of Real Estate, Finance and Public Policy at the University of Pennsylvania, Wharton School of Business and is currently an Emeritus Albert Sussman Professor of Real Estate there. Dr. Linneman is currently a principal of Linneman Associates, a real…, Jim Lozier:, im Lozier served as co-founder and CEO of Archon Group L.P. from its formation in 1996 until 2012. Archon, a wholly owned subsidiary of Goldman Sachs, is a diversified international real estate services and advisory company that under Mr. Lozier's leadership managed 36,000 assets with a gross…, Kenneth Shea:, Kenneth Shea is the president of Coastal Capital Management LLC, an affiliate of Coastal Development, LLC, a New York-based privately-held developer of resort destinations, luxury hotels and casino gaming facilities. Prior to joining Coastal in September 2009, from July 2008 to August 2009, Mr.…, Additional Information Regarding the Solicitation: , Corvex Management LP and Related Fund Management, LLC have filed a preliminary solicitation statement with the Securities and Exchange Commission (the "SEC") to (1) solicit consents to remove the entire board of trustees of CommonWealth REIT (the "Removal Proposal"), and (2)…, About Corvex Management LP:, Corvex Management LP is an investment firm headquartered in New York, New York that engages in value-based investing across the capital structure in situations with identifiable catalysts. Corvex was founded in March 2011 and follows an opportunistic approach to investing with a specific focus on…, About Related Fund Management LLC:, Related Fund Management, LLC is an affiliate of Related Companies, one of the most prominent privately-owned real estate firms 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,…
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Related Companies names Jennifer Tuhy chief financial officer of Hudson Yards
Related Companies, one of the nation's leading private real estate development firms, today announced that Jennifer Tuhy has been named chief financial officer of Hudson Yards. In this role, Jennifer will be a part of the executive team on the historic 28-acre development, responsible for…, 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 Hudson Yards:, Hudson Yards is the largest private real estate development in the history of the United States and the largest development in New York City since Rockefeller Center. The 28-acre site will include more than 17 million square feet of commercial and residential space, more than 100 shops and…
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Related names Stephen Winter Vice President of Commercial Leasing
Related Companies today announced the appointment of Stephen C. Winter as Vice President of Commercial Leasing. In this position, he will lead the commercial leasing efforts for the four commercial towers in the Hudson Yards development on Manhattan's west side. Winter joins Related from CBRE…
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Prep for Prep announces 2016 Lilac Ball Honoree Jeff T. Blau of Related Companies
Prep for Prep is pleased to announce Jeff T. Blau, CEO of Related Companies, as its Lilac Ball Honoree for 2016. The Lilac Ball is Prep for Prep's signature annual fundraising and student graduation event, which will be held on Monday, June 13th at the Waldorf Astoria New York. Jeff T. Blau is…, About Prep for Prep:, Prep for Prep is an educational leadership development program that prepares and places New York City's most able students of color into independent schools and provides them with ongoing support and life-changing opportunities. 91% of Prep's college graduates earned their degrees from…
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