Read the headlines from Monday, September 25, 2022 below:
Halstatt invests in latest real estate project, a 230 unit development
Real estate private equity firm Real estate partners Halstatt announced in a Press release its latest capital commitment to a 230-unit development dubbed Stillwell Jerome. The project, a collaboration with Coastal Ridge Real Estate, marks the company’s third build-to-let development. Based in Ohio, the development is part of Halstatt’s “robust pipeline of build-to-let development opportunities,” according to company director Steve Iannaccone. “Our belief in build-to-let as a housing affordability strategy has been reinforced following recent macroeconomic events and we look forward to continued participation in the segment,” he added.
CPS Royal House Expands Home Services Portfolio with Plumbing Acquisition
Royal House Partners, a Toronto holding company CPS Capitalhas announcement its latest investment to expand its home services offering. RHP has acquired Sinak Plumbing, strengthening its existing portfolio of brands that offer residential and commercial HVAC, plumbing and electrical services. RHP was founded last year by CPS Capital along with 1801 Holdings, and the latest acquisition is part of their broader rollout strategy, the announcement said. In a statement, RHP, Missouri Regional Vice President Craig Denton said the investment “will anchor our plumbing division and give us stronger reach than ever in the Saint Louis and Saint Charles area.”
MidCap Financial supports the launch of the mid-market equipment financing platform Capteris Capital
Fleet finance company Wheels Donlen is rolling out a new equipment financing platform for the middle market, and he got the backing of a middle market private equity firm MidCap Financial, according to a recent announcement. Capteris plans to introduce a range of products including fixed and variable rate loans, sale leasebacks and capital leases, and said it will leverage MidCap’s mid-market offerings to drive growth. growth.
“With Capteris, we have the opportunity to better serve our existing customer base while expanding into new markets,” Wheels Donlen CEO Shlomo Crandus said in a statement. “We are excited to launch this business and believe the collaboration between Wheels Donlen, MidCap and Capteris will be a real differentiator in the market.”
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