REAL ESTATE TECHNOLOGY
prnewswire | October 23, 2020
Cherre, the award-winning real estate data management platform, today announced that they are a Seventh Annual Real Estate Tech Awards winner in the data category, presented by CREtech (cretech.com), the largest event, data and content platform in the commercial real estate tech industry. This is the third consecutive year that Cherre has been a category winner, previously receiving RETAS in the AI, Geospatial and Mapping, and Information and Intelligence categories. Sponsored by JLL Technologies, the Real Estate Tech Awards are the leading international award honoring excellence in commercial real estate tech. The awards recognize the most cutting-edge companies who have played an integral role in advancing tech in the industry throughout the year.
REAL ESTATE INVESTMENT
Matthews Real Estate Investment Services | August 18, 2021
Matthews Real Estate Investment Services, a commercial real estate investment services and technology firm, today announced the acquisition of one of the industry’s most respected capital advisory firms Cadence Capital Partners, a company with a significant track record in the institutional and private client capital market space. With Cadence joining the firm, Matthews will now offer a full suite of capital solutions to solve every real estate funding need through the Matthews Capital Markets Division. Cadence was founded in 2017 by real estate executives, Michael Bennett and Jay Soave.
Cadence arranges equity and debt across all commercial property types. The company is unique to the industry as it focuses on equity first, partnered with a robust debt execution platform. With offices in Denver and Chicago, the firm excels in identifying capital sources outside the usual groups looking for opportunities, distinguishing themselves as a go-to authority for sourcing capital. They have originated and executed over $2.4 billion in transactions and placed over $850 million in equity and debt.
Kyle Matthews, Chairman & CEO of Matthews Real Estate Investment Services, stated, “We are pleased to announce and welcome Cadence principals and supporting employees to our growing Matthews™ roster. This signifies another step in our aggressive growth as we continue to expand and elevate our client relationships through expanding service lines.”
David Harrington, Executive Vice President & Managing Director, added, “We look forward to not only making a meaningful impact in the equity space but also growing our overall presence in the Denver and Chicago markets across all Matthews service lines. We are also amid additional capital markets initiatives that will propel the Matthews™ platform into the future. These additional announcements will be public soon.”
The equity service line under the Matthews Capital Markets Division will solve one of the most vexing aspects of real estate acquisition by bringing equity solutions in-house. Michael Conway, along with JT Johnson, will be Vice Presidents of the equity service line and complement the Matthews investment sales platform, providing fully integrated commercial real estate solutions. John Heitmann, also from Cadence, will be an integral part of the expanding presence in debt origination for Matthews™. Both Michael Bennett and Jay Soave will serve as executives and continue to help grow and advise the strategic direction for the division. Matthews™ is committed to redefining the brokerage experience and providing industry-leading advisory and support to clients. With this announcement, Matthews™ will also be expanding services to both Chicago and Denver markets.
Matthews Real Estate Investments Services, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Founded in El Segundo, CA, and strategically positioned in over ten offices across the United States, Matthews continues to expand into new markets.
SRS Real Estate Partners | November 30, 2021
Savills today announced that it formed a strategic alliance with SRS Real Estate Partners (SRS), supplementing its existing North American retail capabilities and enhancing its ability to provide seamless, high-caliber advisory services to retail occupiers, investors and owners worldwide.
"The United States is one of the biggest retail markets globally with estimated retail sales expected to total nearly $4.5 trillion in 2021, making the US a key target for expanding international brands, We already have one of the strongest retail teams in Canada. Aligning with SRS, a widely respected and accomplished national retail advisory firm, deepens our capacity for solving clients' real estate challenges and cultivating a formidable global retail presence in the US also."
- Mitchell E. Rudin, Savills North America chairman and CEO
With more than 300 professionals across 27 offices, SRS is the largest real estate firm in North America dedicated solely to servicing retail clients. In the last 12 months, SRS has represented over 1,100 clients and completed more than $4.5 billion in transactions while currently representing more than 1,700 property listings. The firm's US client experience includes representing 83 of the top 100 restaurant chains, 74 of the top 100 retailers, and 49 of the top 100 retail owners.
"We are excited to strengthen our alliance with Savills – a globally-respected real estate advisor, This alliance is the latest example of SRS evolving to meet growing client needs. For our clients whose needs extend beyond retail and outside of the US, this is big news. We've taken meaningful steps to ensure consistent delivery of service across both firms so that you have a strategic partner you can trust for all of your real estate needs."
- Chris Maguire, CEO and chairman of the board for SRS.
Globally, Savills has positioned itself as a leader in the retail sector. In the last 12 months alone, the Savills Prime Global Retail Team have been involved in some of the most high-profile flagship retail transactions internationally, including 711 Fifth Avenue New York, 777 Saint Catherine in Montreal, the renowned Topshop building on Oxford Street in London and 270 Orchard Road in Singapore. On the occupier side, the team is working with some of the most interesting and evolving brands in the retail sector, including the likes of Restoration Hardware, Ralph Lauren, JD Sports and Polestar.
About Savills Inc.
Savills helps organizations find the right solutions that ensure employee success. Sharply skilled and fiercely dedicated, the firm's integrated teams of consultants and brokers are experts in better real estate. With services in tenant representation, workforce and incentives strategy, workplace strategy and occupant experience, project management, and capital markets, Savills has elevated the potential of workplaces around the corner, and around the world, for 160 years and counting.
SRS Real Estate Partners is the largest real estate company in North America exclusively dedicated to retail services. Headquartered in Dallas with more than 25 offices worldwide, SRS' strong reach and international presence provide the company with unparalleled knowledge both globally and domestically. As a result, clients of SRS have a competitive edge through a full range of offerings including brokerage services, corporate services, development services, and investment services. Since its inception in 1986, SRS has built a strong foundation in the retail real estate world and grown into one of the industry's most influential and respected leaders. Our success is measured in the achievement of our clients' objectives, satisfaction and trust.