Ares and Douglaston to develop Manhattan luxury residential project [Reuters]
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Reuters
Ares and Douglaston to develop Manhattan luxury residential project - PE Hub Ares and Douglaston to develop Manhattan luxury residential project Print Email Ares Management Corporation Douglaston Development HSBC PRESS RELEASE NEW YORK & LOS ANGELES–(BINESS WIRE)–Real estate private equity funds managed affiliates of Ares Management Corporation (NYSE:ARES) and Douglaston Development announced today that they have established a joint venture to develop 601 W. 29th Street (a/k/a 311 Eleventh Avenue), a 931-unit luxury mixed-use residential development located at the intersection of Manhattan’s West Chelsea and Hudson Yards neighborhoods. The joint venture also announced today that it has received construction financing for the project from a syndicate of banks led HSBC, with co-lenders Bank of China and Landesbank Hessen-Thüringen (“Helaba”) with participation in the loan facility from Santander Bank and Raymond James Bank. The joint venture also closed upon the acquisition of appr
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ARES
News
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ARES
Earnings
- 2/8/24 - Miss
ARES
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/15/24 - Form 144
- ARES's page on the SEC website