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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,…, 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 Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About the Related Real Estate Recovery Fund:, The Related Real Estate Recovery Fund closed in January 2012 after raising $825 million in equity commitments – exceeding its $750 million target. It was among the largest U.S. real estate vehicles raised in 2012. Fund investments include diverse properties across the real estate spectrum such as:…, About CBRE/New England:, CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles…
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Related Rentals announces launch of leasing for luxury rentals at The Arlington
Related Rentals announced today the launch of leasing at The Arlington, a historic Boston landmark reimagined as the most exciting luxury rental residences in the city. A joint venture between Related Companies, the developer behind the neighboring One Back Bay and The Clarendon, and The Congress…, About Related:, Founded 40 years ago, Related Companies is a fully-integrated, highly diversified real estate industry leader with experience in virtually every aspect of development, acquisitions, management, finance, fund management, marketing and sales. Related Companies’ existing portfolio of real estate…, About The Congress Group:, The Congress Group has successfully developed over 6.5 million square feet of real estate valued at over $1.5 billion, establishing us as one of the leading commercial real estate investment firms in the country. www.congressgroup.com
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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…, 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 Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…, About Related Affordable:, Related Affordable develops, acquires and preserves affordable housing throughout the nation. In the area of acquisitions and refinancing, the company pursues properties that meet one of the following criteria: Section 8 properties with project-based contracts; Section 236 properties in need of…
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Related Midwest unveils experiential on-site leasing center and Kara Mann-designed model residences at OneEleven
Related Midwest announces it has unveiled and opened its experiential on-site leasing center and six Kara Mann-decorated models at OneEleven, offering the first look inside the much-anticipated 60-story ultra-luxury rental tower at 111 W. Wacker Drive as it welcomes first move-ins July 1. Featuring…, About Related Midwest:, Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Recognized for its innovative, market-defining developments, Related Midwest has reshaped luxury living…
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Related California announces first three culinary partners to join Ocean Avenue South in Santa Monica
Related California is pleased to announce the first three high-profile dining establishments planned for Ocean Avenue South, its new luxury residential development in Santa Monica one block from the Pacific Ocean. The three dining concepts include the beloved Los Angeles institution Joan’s On Third…, About Related California:, Related California ( www.relatedcalifornia.com ) is a fully integrated real estate firm that develops affordable and market rate multifamily and mixed-use residential properties in California. Since opening the west coast headquarters in 1989, the company has completed nearly 9000 residential homes…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States with an existing portfolio of real estate assets valued at over $15 billion. Formed 40 years ago, Related is the nation’s preeminent developer of luxury residential properties having pioneered the concept…, About The Resmark Companies:, Founded in 1995, Resmark is a leading national private equity firm focused on real estate and powered by core foundational discipline and focus. A fully integrated real estate investment group, The Resmark Companies' divisions—Resmark Land and Housing and Resmark Apartment Living—finance,…, About Hakkasan Group:, Hakkasan Group is a worldwide entertainment, dining, nightlife, and hospitality company with establishments currently located across the United States, Europe, Middle East, and Asia. Its namesake is taken from its Michelin-star restaurant that set the high-level standard for the group’s collection…
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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…, 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…
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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…, 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 Related Companies’ international real estate platform with expertise across all assets classes and The Beal Companies’ storied local…
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