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Penthouse 1 at The Clarendon in Back Bay sells for $6.5 million
Related Companies and The Beal Companies announced today that Penthouse 1 at The Clarendon has been sold, signaling another significant marker of success for the property. The 3,500-square-foot residence achieved a record breaking price of $1,834 per square foot for a luxury new construction high-…, About Related Companies, 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 The Beal Companies, The Beal Companies is a full service real estate firm actively pursuing investment opportunities in all segments of the real estate industry. Since 1888, the Beal family has built an enviable reputation with projects and advisory services not only in Boston, but also throughout the United States.…
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The Clarendon in Back Bay achieves 100% sold out milestone
Related Beal announced today that The Clarendon’s highly sought-after residences are 100 percent sold, signaling the most significant marker of success for the property and its renowned development team. This major accomplishment designates The Clarendon as the first luxury new construction high-…, About Related Beal, : Related Beal is a partnership between Related Companies, one of the nation’s most prolific real estate development and investment firms, and The Beal Companies, LLP, one of Boston’s most prestigious real estate development and investment firms founded in 1878. Related Beal is a fully-integrated…
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Palm Beach County and West Palm Beach city officials join Related Companies and Hilton execs to break ground on Hilton West Palm Beach at The Palm Beach County Convention Center
Palm Beach County and West Palm Beach officials and Hilton Worldwide executives today joined with developer Related Companies to break ground on Hilton West Palm Beach at the Palm Beach County Convention Center. Opening in the fall of 2015, the 400-room convention center hotel will offer a key…, About Related Companies, 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 Hilton Hotels & Resorts, Founded in 1919 as the flagship brand of Hilton Worldwide, Hilton Hotels & Resorts continues to build upon its legacy of innovation by developing products and services to meet the needs of savvy global travelers at more than 550 hotels across six continents. Hilton is the stylish, forward-…
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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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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 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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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…, 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 Arrowstreet:, Arrowstreet is an integrated design studio that provides architecture, planning, interior design, and environmental graphics services. The firm is located at 10 Post Office Square, with site lines across Congress Street to the Congress Square project. About JLL: JLL (NYSE: JLL) is a professional…, About CBRE/Grossman Retail Advisors, LLC:, CBRE/Grossman Retail Advisors, LLC (CBRE/GRA) is a joint-venture between CB Richard Ellis – N.E. Partners, LP and Grossman Commercial Real Estate Group, Inc. CBRE/GRA was formed in 2009 to create the premier retail service provider for its clients. CBRE/GRA combines the network and resources of the…
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