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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,…
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Mayor Bloomberg, MTA officials and local leaders take first ride on 7 Subway Train Extension

Mayor Michael R. Bloomberg, MTA officials and other local leaders today took the first ride on the extension of the 7 Subway line, terminating at the new subway station located at 34th Street and Eleventh Avenue in Manhattan. The 7 Subway Extension is the first extension funded by the city in more…
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Related Fund Management closes on two debt investments

Related Companies today announced that it has closed on two mezzanine and bridge debt investments in New York City and Santa Ana, California as part of Related’s credit platform. Related, along with its partners, originated a $100 million mezzanine loan for the acquisition and condominium…
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Euston Estate landowner teams up with leading U.S. real estate developer Related Companies to pursue redevelopment of Euston Station area

Sydney & London Properties and leading U.S. real estate developer Related Companies today announced that they have formed a partnership to pursue redevelopment of the Euston station area subject to Government consent to pursue the project. Sydney & London Properties act as Project Manager…
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NYU CUSP, Related Companies and Oxford Properties Group team up to create "first quantified community" in the United States at Hudson Yards

New York University’s Center for Urban Science and Progress (CUSP) today announced that it will partner with Related Companies and Oxford Properties Group to create the nation’s first “Quantified Community”—a fully-instrumented urban neighborhood that will measure and analyze key physical and…
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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…
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Stephen Ross makes over $30 million gift to WRI to advance sustainable cities

Stephen M. Ross, a world-recognized business leader, real estate developer and philanthropist announced today a $30.5 million contribution to the World Resources Institute (WRI) to galvanize action that will help cities grow smarter and more sustainably in developing countries around the world.…
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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…
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