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Related Beal announces acquisition of 'The Block on Congress' from Fidelity Investments
Related Beal announced today the acquisition of The Block on Congress from Fidelity Investments by the Related Real Estate Recovery Fund. Related Beal will lead the repositioning and serve as property manager of The Block. The Block on Congress is a five-building portfolio consisting of nearly 343,…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, 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 CBRE/New England:, CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles…
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Governor Quinn salutes downtown Chicago development and workers making it happen
Governor Pat Quinn today saluted the developers and workers on the 111 West Wacker project in downtown Chicago. The $180 million project by Related Midwest has employed more than 1,000 skilled construction workers and is transforming a long vacant and partially-completed building into a new…
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Related Beal appoints John 'Ted' Lubitz vice president
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston, announced today it has appointed John “Ted” Lubitz as vice president. Working with both Related Beal and Related Affordable, Lubitz will endeavor to maximize affordable housing…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About Related Affordable:, Related Affordable develops, acquires and preserves affordable housing throughout the nation. In the area of acquisitions and refinancing, the company pursues properties that meet one of the following criteria: Section 8 properties with project-based contracts; Section 236 properties in need of…
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Related California announces new market rate residential division to be led by veteran real estate executive Greg Vilkin
Related California, the West Coast Affiliate of Related Companies, today announced that veteran real estate executive Greg Vilkin will join the company as president of Related California Urban Residential, a newly formed division, and as a member of the senior executive team. In the newly created…, 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…
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Related Beal names Kimberly Sherman Stamler chief operating officer
Related Beal today announced that Kimberly Sherman Stamler has been named chief operating officer beginning August, 2014. Ms. Sherman Stamler will lead the overall management of the firm including oversight of deal execution, new business and financing activities across all Boston business…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…
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Related Beal launches Congress Square, the reinvention of an entire city block in Boston’s downtown
Related Beal announced today the launch of Congress Square, formerly known as “The Block on Congress.” Related Beal acquired the properties in 2013 and is repositioning and reinventing the entire city block in the heart of downtown Boston, creating dynamic office space and marquee desirable retail…, About Related Beal:, Related Beal is a fully-integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About Arrowstreet:, Arrowstreet is an integrated design studio that provides architecture, planning, interior design, and environmental graphics services. The firm is located at 10 Post Office Square, with site lines across Congress Street to the Congress Square project. About JLL: JLL (NYSE: JLL) is a professional…, About CBRE/Grossman Retail Advisors, LLC:, CBRE/Grossman Retail Advisors, LLC (CBRE/GRA) is a joint-venture between CB Richard Ellis – N.E. Partners, LP and Grossman Commercial Real Estate Group, Inc. CBRE/GRA was formed in 2009 to create the premier retail service provider for its clients. CBRE/GRA combines the network and resources of the…
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Related Companies awards first Parkway Gardens Scholarship
Related Companies, along with Related Affordable and Related Midwest, have awarded the first annual Parkway Gardens Scholarship, a $5,000 grant to support individuals pursuing a higher education. The recipient, Parkway Gardens resident Tumora Grayson, was awarded the scholarship in recognition of…
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Related Beal breaks ground on Parcel 1B, a mixed-use development with affordable and workforce housing and Courtyard by Marriott
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston and its surrounding areas, today celebrated the groundbreaking for Parcel 1B, a mixed-use, transit-oriented development of a 239 unit, 100 percent affordable and workforce residential…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all assets classes and storied local experience in life sciences, commercial and…, About Turnberry Associates:, Turnberry Associates is one of America's premier real estate development and property management companies. Founded more than 50 years ago, the company’s diverse projects have revolutionized the living, working, leisure and shopping habits of millions of people across the country. Turnberry…
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