CHICAGO, IL - Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, along with joint venture partner Diversified Real Estate Capital, LLC, held a groundbreaking ceremony Monday, Oct. 3, for Cassidy on Canal, a 33-story, 343-unit Class A rental tower at 350 N. Canal St. in Chicago’s Fulton River District.
Designed by nationally recognized architecture firm Solomon Cordwell Buenz, the new 375-foot glass tower will mark the latest luxury residential.
Cresset, Diversified Establish Partnership
Cresset, Diversified Establish Partnership
With 13 projects underway between them, the companies will build on a relationship that dates back to 2013. Apr292021
Image by geralt via Pixabay.com
Cresset Partners and Diversified Real Estate Capital have formed the Cresset Real Estate Partners partnership, which formalizes and expands their existing relationship. The new entity will focus on institutional-quality investment opportunities in multiple sectors including multifamily, office, industrial and hospitality. Together, the two companies have 13 conservatively financed buildings underway throughout the nation.
Executive Managing Director Michael Miller will lead Cresset Real Estate Partners. Miller, who has more than three decades of real estate experience, will be joined by Larry Levy, Diversified founder, who will serve as co-founder along with Cresset Co-Founders Avy Stein and Eric Becker. The new comp
Cresset Partners and Diversified Real Estate Capital Establish Partnership
This partnership formalizes an already-successful relationship, creating a multi-asset real estate platform with deep experience and expertise
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CHICAGO, April 28, 2021 /PRNewswire/ Cresset Partners and Diversified Real Estate Capital announced today the formation of a partnership of their real estate groups, expanding Cresset s real estate investment platform. The partnership formalizes and builds upon the existing relationship between Cresset and Diversified, which has successfully sourced, structured, capitalized, and executed on $1.6 billion in real estate projects since 2019. Together, Cresset and Diversified currently have 13 conservatively financed buildings under development nationally.