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Related acquires 3,000-unit apartment portfolio in Midland and Odessa, Texas, capitalizing on opportunity to deliver institutional-quality management and multi-family rentals
Related Companies today announced that the Related Real Estate Recovery Fund has acquired a portfolio of 21 multi-family apartment properties, including approximately 3,000 apartment units in Midland and Odessa, Texas. Related expects to improve the portfolio by implementing institutional-quality…, 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 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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Clifton Commons
The first power center of its class in the area, Clifton Commons continues to be an entertainment and retail haven in Clifton, New Jersey. Since its first tenant opening March 1999, Clifton Commons has brought new life to the area's retail industry. A convenient location off Route 3 and just…
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Oak Park Apartments (NJ)
Oak Park, located in Roselle, NJ, is beautifully positioned next to Warinanco Park. This 252-unit, 12-building garden-style community is exclusively Section 8 low-income and subject to residency income restrictions. The property is spread over several acres, which gives the feel of a quiet,…
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Related begins renovation of N.J. affordable housing property
Related Affordable, a division of Related Companies, is...
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Related Affordable and New Jersey Housing and Mortgage Finance Agency announce Holly House rehabilitation in Asbury Park
Related Affordable and New Jersey Housing and Mortgage Finance Agency (NJHMFA) today announced the full rehabilitation of Holly House, a 3-story, 42-unit affordable apartment community for low-income families. The residential building consists of a mix of studio and one-bedroom units. When complete…, About Related Companies:, Related Companies is a global real estate and lifestyle company defined by innovation and the most prominent privately-owned real estate firm in the United States with over $60 billion in assets owned or under development including the 28-acre Hudson Yards neighborhood on Manhattan’s West Side, The…
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Holly House affordable apartment complex in Asbury Park getting renovated
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Rainbow Housing Assistance Corporation continues to offer access to Fannie Mae’s healthy housing rewards program with Related Affordable partnership
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Offshore wind auction raises $4.4 billion to topple record
Renewable developers spent a record $4.4 billion buying the rights to install wind turbines off the New York and New Jersey coast in a blockbuster auction that underscores surging enthusiasm for carbon-free electricity.
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