(Read more on the debt and equitymarkets.)
NEW YORK CITY-Locally based Related Cos. has received a nearly$1.4 billion equity and debt investment, the first outsideinvestment in the company. Goldman Sachs and MSD Capital LP havepurchased equity stakes in Related totaling 7.5%. Threeinternational companies will also invest through a debt placement,including an affiliate of Mubadala Development Co. and the OlayanGroup.
In addition to the corporate investment, each investor willco-invest in future development opportunities undertaken byRelated. The group of investors has been specifically selected tofund future growth, the company explains. The minority investmentin Related includes no involvement in the governance of the companyand there will be no change in the company's managementstructure.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
