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Related Companies announces $1.4 billion equity and debt investment by elite consortium
Related Companies, one of the nation's leading private real estate development firms, today announced a nearly $1.4 billion equity and debt investment, the first outside investment in the company. Goldman Sachs and MSD Capital, LP have purchased equity stakes in Related totaling 7.5 percent.…
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Related Companies announces joint venture with Tiki Barber as it celebrates 35 years of affordable housing
Related Companies celebrates its 35-year anniversary of affordable housing today by announcing a joint venture with Tiki Barber's Tiki Ventures to boost the nation's stock of high quality, affordable housing. The new venture will partner with Centerline Capital Group to purchase and…, About Related Companies, Heralded as one of the most prolific and visionary developers in the country, Related Companies was formed over thirty-five years ago. Today, Related is considered the most prominent privately owned real estate development firm in the United States. Headquartered in New York City, it has divisions…, About Centerline Capital Group, Centerline Capital Group, a subsidiary of Centerline Holding Company (NYSE:CHC), is a diversified real estate fund manager with over $18 billion of assets under management. Centerline lends, invests and manages capital for the commercial real estate and affordable housing industries. Centerline is…
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Related Companies sets new standards for green construction, Manhattan mixed-use development receives LEED Gold Certification for environmental standards
Related Companies today announced that MiMA, its 63-story mixed-use glass tower in the heart of Midtown Manhattan, has been awarded LEED Gold certification by the U.S. Green Building Council. The 1.2 million square foot tower featuring MiMA rentals and the boutique ultra-luxury rentals One MiMA…
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Related Companies names Jeff T. Blau Chief Executive Officer, Bruce A. Beal, Jr. President and Kenneth P. Wong Chief Operating Officer and Director of International Development, Stephen M. Ross to continue current role as Executive Chairman
Related Companies Executive Chairman Stephen M. Ross today announced that Jeff T. Blau has been named Chief Executive Officer of Related Companies, Bruce A. Beal, Jr. named President of Related Companies and Kenneth P. Wong named Chief Operating Officer and Director of International Development of…
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Mayor Bloomberg, Speaker Quinn and Friends of the High Line break ground on the third and final section of the High Line at the Rail Yards
Mayor Michael R. Bloomberg, City Council Speaker Christine C. Quinn and Friends of the High Line Co-Founders Joshua David and Robert Hammond today hosted a groundbreaking ceremony to mark the start of construction on the third and final section of the High Line. Located between West 30th and West…
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The Shops at Columbus Circle wins 2012 Best Retail Store Award
The Shops at Columbus Circle at Time Warner Center has been named the Best Retail Store by the New York City Association of Hotel Concierges (NYCAHC), an organization comprised of more than 200 members representing approximately 70 hotels in the New York metropolitan area. NYCAHC’s Concierge Choice…
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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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Mayor Bloomberg and Speaker Quinn join Related Companies and Oxford Properties Group to break ground on 26-acre development at Hudson Yards
Mayor Michael R. Bloomberg and City Council Speaker Christine Quinn today joined Related Companies Chairman Stephen M. Ross and OMERS Investment Committee Chair Bill Aziz to celebrate the start of construction at the Hudson Yards – a 26-acre site that was the single largest piece of undeveloped…
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