From the wire:

Related Cos., a real estate developer with strong connections to South Florida, has netted a nearly $1.4 billion equity and debt investment — the first outside investment in the company …

… The company said the investment will boost its growth plans and give it added flexibility.

Related Cos. is co-developer of The Clarendon (along with Boston’s own The Beal Cos.), a luxury mixed-use development currently under construction at the corners of Clarendon and Stuart streets, in Boston’s Back Bay.

Source: Related Cos. gets $1.4B investment – South Florida Business Journal

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