Investment Summary

The Related Companies Invests In CORE NYC

On October 23, 2014, The Related Companies invested in real estate company CORE NYC

Investment Highlights
  • This is The Related Companies’ 1st transaction in the Real Estate sector.
  • This is The Related Companies’ 2nd transaction in the United States.
  • This is The Related Companies’ 2nd transaction in New York.

Investment Summary

Date 2014-10-23
Target CORE NYC
Sector Real Estate
Investor(s) The Related Companies
Deal Type Stake Purchase

Target

CORE NYC

New York, New York, United States
CORE is a boutique real estate brokerage firm in New York City. Founded in 2005, CORE's mission is to create an innovative real estate company offering the best-in-class service to its agents, buyers, sellers and developers.

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Investor(S) 1

Investor

The Related Companies

New York, New York, United States

Category Company
Sector Real Estate
Employees3,500
DESCRIPTION

Related Companies is a US-based, privately-owned real estate firm. Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Washington, D.C., Abu Dhabi and London, and boasts a team of over 3,500 professionals.


DEAL STATS #
Overall 2 of 2
Sector: Real Estate M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: New York M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-12-05 Equinox Fitness

New York, New York, United States

Equinox Fitness is an operator of full-service high end fitness clubs, operating 50 clubs and yoga studios in eight metropolitan areas across the country. As an internationally recognized arbiter of luxury, Equinox offers members unparalleled, bespoke experiences in the fields of movement, nutrition and regeneration, and remains grounded by substance but elevated in style. Equinox Fitness is based in New York City.

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