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Related Beal President on cities, mentorship and building things

It's lucky Kimberly Sherman Stamler loves cities and learning new things.
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Chicago developer Related Midwest names Related Companies’ Frank Monterisi as its chief operating officer

Chicago-based Related Midwest has announced that Frank Monterisi will join its senior executive leadership team as chief operating officer (COO), a newly created role in the firm. Monterisi comes to Related Midwest after working for New York City-based Related Companies, the parent company of…
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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

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 program to guarantee capital for minority- and women-owned businesses in the construction and…
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Chicago’s building industry creates 1st-ever loan fund to help minority biz

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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 consisting of nearly 343,…
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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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