REAL ESTATE TECHNOLOGY
REstack | March 02, 2021
REstack Advisors Inc's. land property and speculation the executives customers would now be able to utilize Yardi Voyager® Commercial and Yardi® Elevate arrangements authorized by the asset overseer as their own innovation stage.
Yardi Voyager and Yardi Elevate house information for bookkeeping, financial backer correspondence, arrangement and rent the executives, valuations, development and that's just the beginning. REstack helps its customers by dealing with their presentation and activities from a solitary associated arrangement, wiping out the requirement for various frameworks that require awkward interfaces.
"Yardi Voyager and Yardi Elevate, which power our fund administration dashboard, helps REstack automate data transfers and operational insights, allowing our clients to focus on buying, selling and developing real estate," said Anthony Paes-Braga, co-founder of REstack. "The dashboard constitutes a single source of truth that accommodates a firm's unique needs and resources."
"By adopting Yardi, we are working with a cloud-based industry leader that has a good understanding of the real estate investment space and a commitment to innovation," continued Paul Kevener, chief executive officer and co-founder of REstack. "With this collaboration, we aim to bring that innovation to our client base to help build their portfolios and maximize asset performance."
"REstack clients using our cloud platform can easily add solutions as new business needs emerge without incurring additional IT costs," said Peter Altobelli, vice president of sales and general manager for Yardi Canada. "We're excited to join REstack in creating an approach that helps real estate investment managers prioritize their immediate needs and optimize asset performance."
REAL ESTATE INVESTMENT
33 Holdings, LLC | August 13, 2021
33 Holdings LLC announced the signing today of a merger agreement to acquire interest in Beers Housing Inc., a General Contractor and a leading service provider in mortgage field services, maintenance, rehab, construction and development in the southeast US. The M&A is expected to strengthen 33 Holding's vertically integrated real estate platform executing value-add and opportunistic real estate projects.
"Joining 33 Holdings LLC is an incremental progression in our quest to build a world class mortgage field services and construction service business," commented Chad Beers, Founder & Chief Executive Officer of Beers Housing Inc. "As part of 33 Holdings LLC, we will be able to serve 33's existing portfolio as well as attract new industry-wide clients. This is truly an exciting relationship for our customers, vendors and employees and will help position our business for strong growth in the future," he stated.
"This investment in Beers Housing Inc., presents a great opportunity for 33 Holdings LLC to add a leading mortgage field services & construction services business to our platform," stated Sanjay Raghavaraju, Founder & Chief Executive Officer of 33 Holdings LLC.
"With this merger, it will create a fully functional private equity real estate company that will create higher returns and faster delivery of real estate projects to our clients," stated Corey Oldknow, Broker & Chief Acquisitions Officer of 33 Holdings LLC.
Under the terms of the agreement, Beers Housing Inc., will operate under the Beers Construction Partners (BCP) name and under the current leadership. In addition, Heather Beers, Managing Partner of Beers Housing Inc., will take on the role of Chief Operating Officer (COO) at 33 Holdings LLC & Beers Housing Inc., helping with the integration of the two companies while ensuring value to Investors and Clients over the next few months. Both Chad Beers & Heather Beers will join Corey Oldknow & Sanjay Raghavaraju as Principals of 33 Holdings LLC.
"Beers Housing Inc., is excited to join the 33 group of companies," said Heather Beers, Managing Partner of Beers Housing Inc. "Our respective cultures, goals and investment philosophies are very much aligned. Beers Construction Partners (BCP) will remain a leading Mortgage Field Services & Construction Services firm, now benefiting from the support of 33's significant financial and operational resources. The partnership with 33 ensures that BCP's principals will remain majority-owners of the firm. With this integration, we see a growth opportunity given the seismic shifts in the real estate market, which our partners and staff will thrive, enabling us to better serve our investors and impact the communities we operate in."
About 33 Holdings LLC (33)
33 Holdings LLC specializes in real estate investment, acquisition, development, construction and asset management across the Southeast US with a concentration on primary and secondary markets. Sanjay Raghavaraju founded 33 Holdings LLC on the premise that investment in real estate should be driven by sound market fundamentals, a flexible time horizon and strong alignment of interest between investors and managers. 33 Holdings has a strong track record of driving investment results. 33 Holdings differentiates itself by providing hands-on real estate investment management, creative deal structuring, and transparent communication with investors.
About Beers Construction Partners (BCP),
Beers Construction Partners specializes in maintaining and adding value to bank and investor assets throughout the Southeast by using a hands-on approach with a hybrid employee/subcontractor base model. Chad Beers, founded Beers Housing in 2007 with a strong focus on the mortgage field service space as well as fix and flip and has been able to adapt to various services lines with the strong leadership and client relationships brought in by Heather Beers to not only meet but exceed the industry and economical needs in the housing market. Beers Housing now has multiple service lines to include mortgage field services, maintenance, rehab, ground up construction and development.
prnewswire | September 02, 2020
Vista Realty Partners and The Worthing Companies announce the grand opening of Marketplace Vista Apartment Homes, the new apartment community located in the $120 million Connolly Development and Eden Rock Real Estate Partners development. Situated at the intersection of Powers Ferry and Terrell Mill Roads, Marketplace Vista luxury apartments define a large role in the transformation for this corridor and surrounding neighborhood. The community offers an extraordinary variety of amenities to enrich the lifestyle for new residents.