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DNB Bank moving North American headquarters to 30 Hudson Yards
DNB, Norway’s largest financial services group, today announced it will move its North American corporate headquarters to 30 Hudson Yards in Manhattan’s newest neighborhood. The firm has signed a lease with Related for the entire 68th floor (44,517 square feet) in 30 Hudson Yards, the site’s…, About DNB:, With 11,000 employees and a 200 year history, DNB is Norway’s largest financial services group, and one of the largest in the Nordic region. Within Norway, DNB is a universal bank offering a full range of retail, corporate and investment banking solutions for its clients. Globally, DNB follows an…, About Related:, Founded over 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’s existing portfolio of real estate assets, valued at…, 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 $40 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…, About Hudson Yards:, With more than 8.5 million square feet of residential, commercial and retail space now under construction or operational, Hudson Yards is on track to open the entire first phase by 2019. Ten Hudson Yards—home to Coach Inc., L’Oréal USA, The Boston Consulting Group, German software engineering firm…
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Boston University selects Related Beal to reimagine Kenmore Square properties
Boston University (BU) announced today that it has selected Related Beal to reimagine nine buildings spanning the north side of Kenmore Square, from 648 Beacon Street to 541 Commonwealth Avenue and 11-19 Deerfield Street. Related Beal will lead the redevelopment efforts. The buildings are being…, 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…, About Related:, Related Companies is the most prominent privately owned real estate firm in the United States. Formed more than 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…, About Boston University: , Founded in 1839, Boston University is an internationally recognized institution of higher education and research. With more than 33,000 students, it is the fourth-largest independent university in the United States. BU consists of 17 schools and colleges, along with a number of multi-disciplinary…
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Related Beal tops off at Parcel 1B
Related Beal, a fully integrated real estate firm focused on development opportunities in Boston and its surrounding areas, today topped off at Parcel 1B, marking the completion of steel for the last floor of the mixed-use, 100 percent affordable and workforce housing development with a 220-room…, About Related Beal:, Related Beal is a fully integrated real estate firm focused on development 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 residential…
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Related and Oxford unveil 50 Hudson Yards designed by renowned architecture firm Foster + Partners
Related Companies and Oxford Properties Group today unveiled the design for 50 Hudson Yards, the city’s newest trophy office tower located on Manhattan’s West Side. Designed by renowned architecture firm Foster + Partners, the 2.9-million-gross-square-foot building will be New York City’s fourth…, About Hudson Yards:, Hudson Yards is the largest private real estate development in the nation’s history. The site itself will include 18 million square feet of commercial and residential space; more than 100 shops and restaurants, including New York City’s first Neiman Marcus and signature restaurants by Chefs Thomas…, About BlackRock:, BlackRock is a global leader in investment management, risk management and advisory services for institutional and retail clients. As of September 30, 2016, BlackRock’s AUM was $5.1 trillion. BlackRock helps clients around the world meet their goals and overcome challenges with a range of products…, 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…, 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 $40 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 announces acquisition and preservation of more than 2,400 units of affordable housing across 16 properties in 2016
Related Companies, the nation’s preeminent privately-owned real estate developer, today announced the long-term preservation of an additional 2,417 units of affordable housing across 16 properties and six states in 2016. Continuing their strong, more than 40-year commitment to the creation,…, 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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Ladder and Related announce a strategic investment in Ladder by Related Companies
Ladder Capital Corp (“Ladder” or the “Company”) (NYSE:LADR) and Related Companies (“Related”) today jointly announced that Related has made a strategic investment in Ladder. Related purchased $80 million of Ladder stock from certain pre-IPO shareholders of Ladder, including affiliates of TowerBrook…, 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 Ladder:, Ladder is an internally-managed real estate investment trust that is a leader in commercial real estate finance. Ladder originates and invests in a diverse portfolio of commercial real estate and real estate-related assets, focusing on senior secured assets. Ladder’s investment activities include…
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Related Companies announces fifteen new ground-floor gallery spaces coming to West Chelsea
Related Companies announced today the creation of fifteen new gallery spaces on West 28th and West 27th Street in West Chelsea. The initiative speaks directly to Related’s efforts to preserve and enhance the cultural character of the West Chelsea neighborhood and further enrich the gallery corridor…, 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…
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VaynerMedia to open studio production house at The Point in Long Island City
Related today announced that digital agency VaynerMedia has signed a lease to locate its new studio production house at The Point in Long Island City. VaynerMedia’s production house will occupy approximately 43,000 square feet in the Blanchard Building, one of the two marquee buildings that make up…, 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 Real Estate:, 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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