McCann Realty Partners, LLC (“McCann”) and Pegasus Residential, LLC (“Pegasus”) have announced today that McCann has made a significant investment in Pegasus Residential, a leading third-party property management company. This alignment of businesses creates a more vertically integrated platform that positions McCann as a multi-faceted leader in the industry and Pegasus with the resources to continue to grow and expand...
Berkadia announces it has secured a programmatic capital partner to help Capstone Communities execute its plan to continue developing a pipeline of build-for-rent (BFR) communities across the country. Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick of Berkadia JV Equity & Structured Capital set up the programmatic partner – a publicly traded REIT – as the capital partner for Capstone’s...
Inhabit IQ, a unique collective of tech-forward products serving the residential, commercial and vacation rental management industries, and ResMan®, a leading property management SaaS platform provider, today announced that Inhabit IQ has added ResMan to its suite of solutions for multifamily and commercial property management. Terms of the transaction were not disclosed. ResMan offers an industry-leading property management platform...
Standard Communities, has led a public-private partnership to acquire Osprey Place Apartments in North Charleston, SC. This deal brings Standard’s affordable portfolio in the Charleston area to over 500 units. In February, Standard led a public-private partnership that acquired Bridgeview Village Apartments, the largest privately-owned affordable community in Charleston. A long-term ground lease for the 108-unit Osprey Place...
Grace Hill today announced that Aurora Capital Partners (Aurora), has agreed to acquire the company from investment funds managed by Stone Point Capital LLC. Grace Hill is the innovator of talent and customer management solutions for commercial and multifamily real estate covering policies, training, assessment and surveys. Its platform is designed to drive property performance and reduce operating risk by...
