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Cortland Partners | October 18, 2016
Cortland Partners has purchased Arium Palm Cove and Arium at Laguna Lakes, two neighboring communities aptly located in West Palm Beach, Fla. The Atlanta-based multifamily investment and management firm plans to consolidate the communities into a single, larger community to be called Portofino Place. In so integrating the two communities, Cortland Partners will create synergies in operating efficiency under a cohesive leasing staff and management team, bringing quality service and delivering a s...
Cortland Partners | May 26, 2016
In 2012, Steven DeFrancis found himself buying last-minute plane tickets to send his EVP of construction, Clayton Landers, on a wild goose chase across China to track down an order of cabinets. Cortland Partners had recently switched to sourcing building materials from Asia to keep a lid on development costs and hired an importer to help out. For the first few orders, it worked just fine—until it didn’t....
Bisnow LLC | January 16, 2020
Invesco Real Estate recently acquired Bravern Office Commons, which is fully leased to Microsoft, for $585M. The complex includes 305K SF of retail occupied by Jimmy Choo, Louis Vuitton and others, and a seven-level subterranean parking garage with 3,134 stalls. Two residential towers include 455 units. NKF’s co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director Michael Moll, Executive Managing Directors Ken White, Rob Hannan and Tim O’Keef...
Business Wire | January 15, 2020
MRI Software, a global leader in real estate software solutions, announces that funds managed by Harvest Partners, LP, a leading private equity firm, are making a substantial strategic investment in the company. Harvest Partners joins existing investors TA Associates and GI Partners as institutional shareholders in MRI. At the same time, TA Associates is also making a significant new investment in the business. These investments will enable MRI to bolster innovation across its end-to-end offerin...
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