The Home Depot®, the world's largest home improvement retailer, today announced it has entered into a definitive agreement to acquire HD Supply Holdings, Inc., a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The acquisition is expected to position The Home Depot as a premier provider in the MRO marketplace.

SightPlan®, a leader in multifamily service management, today announced its acquisition of top due diligence provider InfoTycoon. 

SightPlan, in its continued effort to provide pioneering innovations for multifamily owners and operators, will use the acquisition to extend its industry-leading service platform with more advanced due diligence solutions for real estate transactions. The expanded services enable SightPlan to deliver a comprehensive solution for managing the entire property lifecycle. 

InfoTycoon, winner of The National Multi-Housing Council’s LaunchPad Startup competition, is the innovator of digital due diligence in multifamily real estate, including unit and exterior inspections and lease file audits. The company’s asset management and inspections technology has been used by companies comprising more than half of the NMHC Top 50 to assist in the sales transactions of an estimated $200 Billion of multifamily real estate. 

“We’ve always admired InfoTycoon’s innovation in the due diligence space,” said Terry Danner, SightPlan CEO. “Their product offering combined with SightPlan’s extensive platform and customer base help solidify our ongoing commitment to deliver the industry’s most advanced and extensive service platform. Having been an operator for more than 30 years, myself, and the team at SightPlan, are continuing full throttle to meet the industry’s growing challenges. Through our combined resources, we can deliver even greater value to our customers”. 

InfoTycoon’s COO Maanav Mahindru, who will join SightPlan as Executive Vice President, said the company is thrilled to merge with a forward-thinking organization. 

“SightPlan is always working on the cutting edge and they’re really blazing the future path for on-site operations in multifamily. That’s where we want to be,” Mahindru said. “We share their vision and we’re excited to add our due diligence expertise to expand their deep knowledge of multifamily operations.”

JLL Capital Markets arranges the sale and financing for the 171-unit multi-housing property to Trailbreak Partners 

A joint venture between Beacon Real Estate Group and Constellation Group acquired the 266-unit 53 West apartments for $53.2 million

A joint venture between Beacon Real Estate Group and Constellation Group acquired the 266-unit 53 West apartments for $53.2 million

Ross Management, a premier property management company, is proud to announce that it has merged with Envolve Communities LLC, one of the country’s largest affordable multifamily property owners, managers, and redevelopers.

60-Unit Apartment Community Purchased for $8.4 Million

Greystone, a leading commercial real estate lending, investment, and advisory company, today announced it has expanded its capabilities into special servicing with the acquisition of Dallas-based C-III Asset Management LLC (C3AM) and its $20.7 billion servicing portfolio. C3AM was previously a wholly-owned subsidiary of New York-based C-III Capital Partners LLC.