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

LCS

LCS

Exclusive Financial Advisor on the formation of a fully discretionary Joint Venture for Senior Housing opportunities across the risk spectrum and including developments.
Lone Star Funds

Lone Star Funds

Exclusive Financial Advisor on the sale of a 28 property, 8,578 unit multifamily portfolio
Aspect Investment Partners

Aspect Investment Partners

Exclusive financial advisor to Aspect Investment Partners on the formation of a senior housing joint venture with LCS on a portfolio of six communities in the Dallas-Fort Worth metro area
Shorewood Real Estate Group

Shorewood Real Estate Group

Financial Advisor to Shorewood Real Estate Group on the formation of an Opportunity Zone equity joint venture.
Round Hill Capital

Round Hill Capital

Financial Advisor to Round Hill Capital on the formation of an Opportunity Zone equity joint venture.
TruAmerica Multifamily

TruAmerica Multifamily

Advisor to TruAmerica on the formation of its joint venture with Guardian Life, Allstate and a large, offshore institutional investor to acquire a southern California multifamily portfolio.