Ares Management’s Real Estate Group and Douglaston Development Announce Joint Venture to Develop 58-Story, 931-Unit Hudson Yards Mixed-Use Residential Tower
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Business Wire
Joint Venture Also Closes Construction Financing for the Development Located at 601 W. 29th Street NEW YORK & LOS ANGELES--(BUSINESS WIRE)-- Real estate private equity funds managed by 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. This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20190606005800/en/ The joint venture also announced today that it has received construction financing for the project from a syndicate of banks led by HSBC, with co-lenders Bank of China and Landesbank Hessen-Thüringen (“Helaba”) with participation in the loan facility from Santander Bank
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ARES
Earnings
- 2/8/24 - Miss
ARES
Sec Filings
- 4/19/24 - Form 4
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- ARES's page on the SEC website