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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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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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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 announces investment in Conrac Solutions, leading private operator, developer and financier of consolidated rent-a-car solutions

Related Companies, one of the world’s most prominent private real estate firms, today announced that Related Fund Management has made an equity investment in Conrac Solutions, the leading private operator, developer and financier of airport consolidated rent-a-car facilities (ConRACs). Today’s…
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Related, Brookhaven Rail Partners and Stephens complete acquisition of Pioneer Railcorp, a premier owner of short-line railroads and railroad-related businesses

Related Fund Management, Brookhaven Rail Partners and Stephens Capital Partners LLC today announced the acquisition of Pioneer Railcorp (OTC: PRRR, “Pioneer”), a railroad holding company that owns short-line railroads and several other railroad-related businesses including a railroad equipment…
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Conrac Solutions closes on financing for consolidated rent-a-car facility at Newark Liberty International Airport

Conrac Solutions today announced the innovative, successful private financing of the new Consolidated Rent-A-Car (ConRAC) facility planned for Newark Liberty International Airport (EWR). The recent approval by the Port Authority of New York & New Jersey brings the airport one step closer to…
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Hudson Yards powers new neighborhood with first-of-its-kind hiring initiative

Hudson Yards today announced details about the creation of the Hudson Yards Hiring Network, an innovative public-private collaboration designed to identify and recruit talent from New York’s most in-need populations. The initiative has already placed hundreds of New Yorkers in new jobs and expects…
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