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Wells Fargo Securities to move New York headquarters to 30 Hudson Yards
Related Companies and Oxford Properties Group today announced that Wells Fargo & Co. (NYSE: WFC), one of the world’s leading financial services firms, is purchasing approximately 500,000 square feet of office space at 30 Hudson Yards and moving the New York headquarters of Wells Fargo…, About Wells Fargo Securities:, Wells Fargo Securities delivers a comprehensive set of capital markets and advisory products and services, including debt and equity origination and distribution, investment research and economic insights, interest rate, commodity and equity risk management, structured lending facilities,…, About Wells Fargo:, Wells Fargo & Company (NYSE: WFC) is a diversified community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage and consumer and commercial finance through 8,700…, 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 Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with approximately 2,000 employees and over $34 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford has regional…
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Related Companies and Oxford Properties Group close on more than $5 billion in financing for flagship office tower and retail complex at Hudson Yards
Related Companies and Oxford Properties Group today announced the closing of over $5 billion in financing for 30 Hudson Yards, the site’s flagship office tower, and the one-million-square-foot Shops and Restaurants at Hudson Yards. Bank of America served as lead arranger and administrative agent…, 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 Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with approximately 2,000 employees and over $34 billion of real assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford has regional…
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Intersection and Sidewalk Labs locating corporate headquarters at 10 Hudson Yards
Related Companies and Oxford Properties Group today announced that Intersection and Sidewalk Labs will locate their corporate headquarters at 10 Hudson Yards. Intersection, the urban experience company formed in 2015 as the result of a merger between Control Group and Titan, and its lead investor,…, About Intersection:, Intersection is a technology and media company focused on improving the urban experience at the convergence of digital and physical worlds. The company creates new products and services and invests in the most engaging media platforms that enable cities, businesses and communities to drive…, About Sidewalk Labs:, Sidewalk Labs is a newly-formed urban innovation company that is the result of a partnership between Google and Daniel Doctoroff, the former Deputy Mayor of Economic Development and Rebuilding for the City of New York and the CEO of Bloomberg LP. Sidewalk’s mission is to use technology to solve big…, 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 Oxford Properties Group:, Oxford Properties Group is a global platform for real estate investment, development and management, with approximately 2,000 employees and $37 billion of real estate assets that it manages for itself and on behalf of its co-owners and investment partners. Established in 1960, Oxford was acquired…
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Related Companies unveils 456 Washington Street in coveted North Tribeca neighborhood
Related Companies today unveiled 456 Washington Street, its new ultra-luxury boutique rental development, perfectly positioned along the waterfront in a private and quiet corner of North Tribeca. Envisioned by BKSK Architects as a reflection of the neighborhood’s industrial history, 456 Washington…, 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 and GreenOak acquire two commercial assets in Long Island City
Related Fund Management and GreenOak today announced that they have formed a joint venture and acquired two marquee commercial assets in Long Island City: the Paragon Building and the Blanchard Building. Both buildings are located in the Hunter’s Point corridor of Long Island City and offer…, 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 GreenOak:, GreenOak is an independent, partner-owned, real estate focused principal investing, lending and advisory firm that seeks to create long term value for its investors and provide strategic advice to its clients. Formed in 2010, GreenOak is a highly focused global platform with an experienced and…
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Related Companies unveils The Easton in Carnegie Hill
Related Companies today unveiled The Easton, a new luxury rental building located at 205 East 92nd Street in Manhattan’s beloved Carnegie Hill neighborhood. Introducing a collection of elegant residences inspired by the East Side’s grandest apartments, The Easton is designed for contemporary living…, 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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Plans for joint venture’s development at Brent Cross South approved by Barnet Council
Barnet Council last night [March 17] approved a joint venture to take forward the future development of Brent Cross South, the 180-acre area south of the Brent Cross shopping centre. The new development will sit alongside Hammerson and Standard Life Investments’ redevelopment of Brent Cross…, About Argent Related:, Formed in 2015, Argent Related brings together an extraordinary blend of complementary skills, global access to capital and unrivalled technical and delivery experience. The company leverages a shared expertise in significant urban placemaking as well as Argent’s track record in creating exemplar…, About Re/CRE:, Re is a joint venture between London Borough of Barnet and Capita plc. It provides development and regulatory services to residents in Barnet and the southeast. The company was formed in October 2013. Capita Real Estate is part of one of the U.K.'s leading multidisciplinary consultancies…, About Hammerson and Standard Life (Brent Cross North Partners):, Hammerson and Standard Life Investments will be delivering the transformation of Brent Cross shopping centre into a leading retail, dining and leisure destination. The new centre will have a wider range of shops alongside a fantastic new evening entertainment offer to provide the area with a…
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