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Mayor Bloomberg joins building owners, union leader to launch green buildings program

Mayor Michael Bloomberg joined Realty Advisory Board President Jim Berg and 32BJ President Mike Fishman today in launching an ambitious green buildings program to train one thousand superintendents and resident managers in one year in the latest energy efficient practices. The launch of One Year,…
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Related Companies announces closing of $825 million distressed real estate fund — fund closure is latest milestone in Related's multi-pronged fund management strategy

Related Companies, one of the nation’s most prolific real estate development and investment firms, today announced the final closing of the Related Real Estate Recovery Fund with equity commitments of $825 million. The distressed asset fund’s target of $750 million was exceeded due to high investor…
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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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Corvex and Related announce ownership of 9.8% of CommonWealth REIT (CWH)

Corvex Management, LP (“Corvex”) and Related Fund Management, LLC (“Related”) announced today that investment funds managed by them collectively own approximately 9.8% of the outstanding common shares of CommonWealth REIT (“CWH” or the “Company”). Corvex and Related believe that CWH’s portfolio of…
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Related Companies names John R. S. Jacobsson Executive Vice President

Related Companies today announced that John R. S. Jacobsson has been named Executive Vice President. In this newly created position, Mr. Jacobsson will be a member of the senior management team, pursuing new investment and business opportunities and sustaining and building upon Related Companies’…
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Related Companies and The Beal Companies announce strategic partnership

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, today announced the formation of Related Beal, a strategic partnership that will pursue new…
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114 of the world’s wealthiest families committed to the Giving Pledge

Today, nine more wealthy families and individuals committed to give half or more of their wealth to charity. Now in its third year and totaling 114 signatories, the Giving Pledge is a long-term, global initiative created by Warren Buffett and Bill and Melinda Gates that aims to inspire deeper…
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