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