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Chicago developer Related Midwest names Related Companies’ Frank Monterisi as its chief operating officer

Monterisi, seasoned developer, leader, placemaker and former U.S. Marine captain, joins Related Midwest in newly created role, will oversee development and operations across asset classes Chicago-based Related Midwest has announced that Frank Monterisi will join its senior executive leadership team…
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Related Midwest, Magellan Development, Sterling Bay, Clayco, The Chicago Federation of Labor, and The Chicagoland Association of General Contractors announce first-of-its-kind loan fund for Chicago's minority small business owners

This unique program will advance opportunities for local businesses to secure access to capital. Related Midwest, in collaboration with Magellan Development, Sterling Bay, Clayco, the Chicago Federation of Labor, and Chicagoland Association of General Contractors, announced the creation of a…
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Related Companies enters into joint venture on 111 West Wacker Drive, firm to redevelop property as luxury rental building

Related Companies today announced that it has entered into a joint venture agreement with Clark Wacker LLC on a development site at 111 West Wacker Drive in Chicago, Illinois. Related plans to redevelop the property as an approximately 500-unit luxury rental complex that will include on-site…
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Related Midwest resumes construction of 111 West Wacker Drive

Re-Imagined to become Chicago’s Premier Luxury Residential Tower 60-story Building Represents Visible Recovery of Real Estate Market CHICAGO – Today, Alderman Brendan Reilly of the 42nd Ward and Commissioner Andrew J. Mooney, of the Chicago Department of Housing and Economic Development joined…
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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 consists of nearly 343,…
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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 partnership to pursue redevelopment of the Euston station area subject to Government consent to pursue the project. Sydney & London Properties act as Project Manager for…
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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…
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