Financial Advisor
December 2, 2016

Overview


  • On December 29, 2016, CBRE acted as financial advisor to Related Companies on securing a strategic capital partner to develop the next phase of the Grand Avenue Project, a mixed-use development in Downtown Los Angeles
  • CCCG Overseas Real Estate Pte. Ltd (CORE) has committed equity capital of approximately $290 million for the joint venture
  • The equity investment is a major step forward and part of the joint venture’s larger $1 billion investment in developing Grand Avenue into one of Los Angeles’ most important cultural and tourist destinations
  • The development is being designed by world-renowned architect Frank Gehry and will include an Equinox branded hotel, retail, restaurants and residences


Related Sector Experience

Chartwell Residential

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Exclusive Financial Advisor to Chartwell Residential on the formation of two joint ventures focused on multifamily developments throughout greater Nashville, Tennessee
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