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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 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…
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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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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…
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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 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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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 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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