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Related Beal closes on Parcel 1B and finalizes financing for affordable and workforce development in downtown Boston
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston and its surrounding areas, announced today that it has closed on its financing and has entered into a 99-year land lease with the Commonwealth of Massachusetts for Parcel 1B in the…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all asset classes and storied local experience in life sciences, commercial and…
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Related Companies and Hilton Hotels and Resorts introduce Hilton West Palm Beach
The highly anticipated Hilton West Palm Beach opened its doors today to welcome local patrons and visitors alike. Related Companies, Palm Beach County, the City of West Palm Beach and Hilton Worldwide (NYSE: HLT) collaborated to conceptualize and deliver an innovative, contemporary and forward-…, About Hilton Worldwide:, Hilton Worldwide (NYSE: HLT) is a leading global hospitality company, spanning the lodging sector from luxury and full-service hotels and resorts to extended-stay suites and focused-service hotels. For 97 years, Hilton Worldwide has been dedicated to continuing its tradition of providing…, About Hilton Hotels & Resorts:, For nearly a century, Hilton Hotels & Resorts has been proudly welcoming the world's travelers. With more than 560 hotels across six continents, Hilton Hotels & Resorts provides the foundation for memorable travel experiences and values every guest who walks through its doors. As the…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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Related Companies makes a groundbreaking strategic investment in Pocket to greatly expand for-sale affordable housing in London
Pocket, the leading developer of homes for first-time buyers in London, today announced a landmark deal with Related Companies, one of the largest owners and developers of affordable housing in the U.S. Related’s strategic investment in Pocket, acquiring a 50% stake in the company, marks the first…, About Pocket:, Pocket’s business model is to build affordable housing, without direct public subsidy, sold outright to buyers at a discount to the local market of at least 20%. In 2013, the GLA awarded Pocket a 10 year loan worth £21.7 million (recently increased to £26.4 million) from the Mayor’s Housing…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed over 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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Related Beal breaks ground on Parcel 1B, a mixed-use development with affordable and workforce housing and Courtyard by Marriott
Related Beal, a fully integrated real estate firm focused on development and investment opportunities in Boston and its surrounding areas, today celebrated the groundbreaking for Parcel 1B, a mixed-use, transit-oriented development of a 239 unit, 100 percent affordable and workforce residential…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development and investment opportunities in Boston and the surrounding region. Related Beal leverages a national real estate platform with expertise across all assets classes and storied local experience in life sciences, commercial and…, About Turnberry Associates:, Turnberry Associates is one of America's premier real estate development and property management companies. Founded more than 50 years ago, the company’s diverse projects have revolutionized the living, working, leisure and shopping habits of millions of people across the country. Turnberry…
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Related Companies announces plans for continued evolution of CityPlace as dynamic downtown destination
Today, Related Urban President and CEO Kenneth A. Himmel announced plans for the continued reimagination of CityPlace into a vibrant downtown district to a crowded room of business owners and community partners as the keynote speaker for an event hosted by the Palm Beach Chamber of Commerce. Himmel…, About Related:, Founded more than 40 years ago, Related Companies is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. The company has $50 billion of real estate assets owned or…
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Related California and Deutsche Bank announce closing of $458.5 million construction financing for 1500 Mission Street
Related California and Deutsche Bank today announced they’ve closed on California’s largest-ever construction financing with tax-exempt bonds, totaling $316.8 million, to finance construction costs for its new development at 1500 Mission Street. The tax-exempt bonds will be purchased by Deutsche…, About Related California:, Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. Since 1989, Related California has undertaken a range of transformational developments from best in class luxury…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…
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Related Beal announces partnership with Mass Innovation Labs to build on life sciences legacy at Innovation Square
Related Beal, prominent real estate developer, owner and operator in Boston, today broke ground on a major new addition to Boston’s expanding life sciences cluster in the Raymond L. Flynn Marine Park and announced its first tenant. Mass Innovation Labs, a biotech research accelerator currently…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development opportunities in Boston and its surrounding areas. Related Beal leverages a national real estate platform with expertise across all asset classes and storied local experience in residential, commercial, hospitality and life…, About Mass Innovation Labs:, Mass Innovation Labs embodies an ecosystem of innovators across the biotech, pharmaceutical and technology industries. With locations emerging throughout the Boston area, we’re providing first-class space for growing companies to have access to comprehensive lab needs, including animal facilities,…
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Related Companies announces the selection of AECOM as construction manager for The Grand
Related Companies today announced the selection of Los Angeles-based AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, as construction manager for The Grand, the Frank Gehry-designed, mixed-use development in downtown Los Angeles on Grand Avenue across from The Broad museum…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed over 40 years ago, Related is a fully integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales…, About CORE:, CCCG Overseas Real Estate Pte. Ltd. (CORE), founded in Singapore in 2015, is a subsidiary of China Communications Construction Group Ltd. (CCCG). CCCG is a leading global integrated infrastructure service provider with business presences in more than 145 countries, ranking 103rd on the 2017 Fortune…, About AECOM:, AECOM (NYSE:ACM) is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help…
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