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. "The...
Multifamily investment, development and management firm CGI Real Estate Investment Strategies (CGI) has announced that Michael DiSimone has joined the company as Director of Acquisitions to help lead its expansion into Texas and the Western United States with an investment goal of $500 million in the next 12 months. In addition to a robust pipeline of mixed-use and multifamily...
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...
JLL Capital Markets arranges the sale and financing for the 171-unit multi-housing property to Trailbreak Partners DENVER, September 30, 2020 – JLL Capital Markets announced today that it has arranged the sale of and acquisition financing for Confluence at Three Springs, a 171-unit, garden-style, multi-housing community in Durango, Colorado. JLL marketed the property on behalf of the seller, GF Properties...
A joint venture between Beacon Real Estate Group and Constellation Group acquired the 266-unit 53 West apartments for $53.2 million ATLANTA (August 27, 2020) – Berkadia announces it has helped structure a joint venture and sourced long-term financing for the acquisition of 53 West, a brand new, 266-unit multifamily asset located in Oakwood, a rapidly growing suburb located roughly 45 miles...