Renascent Inc

Real Estate Investment

CIP Real Estate LLC | November 17, 2022

CIP Real Estate has acquired Kennesaw Mountain Business Park, an industrial property in the north Atlanta metro area, for $22.6 million. The 10-acre parcel features two buildings totaling 144,130 square feet. The business park comprises 18 shallow bay industrial units ranging in size from 3,920 to 18,000 square feet, and the majority of the suites are between 6,000 and 12,000 square feet. The project is currently over 96% occupied. Due to strong demand and limited s...

Mortgage and Lending, Asset Management

PRnewswire | June 02, 2023

Planet Home Lending, LLC, a national mortgage lender and servicer, announced the asset acquisition of retail lender Platinum Home Mortgage Corporation, Hoffman Estates, Illinois. Planet will acquire the majority of Platinum's origination staff, including more than 20 branch offices in strategic locations throughout the United States. "We look to acquire right-sized, financially solid distributed retail companies," said Michael Dubeck, CEO and President of Planet Fi...

Real Estate Technology

Greensoil PropTech Ventures | September 03, 2021

Greensoil PropTech Ventures of Toronto on Thursday celebrated the sale of one of its portfolio companies, Goby, a Chicago-based data and invoice automation platform that helps buildings track, lower and report utility usage, to Conservice. Greensoil's investment in Goby dates to 2015 when they invested $4 million as lead of the first funding round through their Greensoil Building Innovation Fund (GBIF) and subsequently invested an additional $1 million in January 2017 and an additional $1 mi...

Real Estate Investment

Barings | March 04, 2022

Barings, one of the world's leading investment managers, announced that it has partnered with Ocean West Capital Partners to acquire the Smoky Hollow Flex Industrial Campus, an approximately 136,610 square foot flex industrial campus located in the desirable and supply constrained Smoky Hollow submarket of El Segundo, California, in an off market transaction. The Smoky Hollow district is a historic industrial district that has evolved as a unique, amenity-rich neighborhood dom...