Elevation Real Estate Group and Great Lakes Capital to Build Granger Village, a 204-Unit Multi-Family Development in Mooresville, North Carolina

Charlotte, Feb. 04, 2021 (GLOBE NEWSWIRE) — Elevation Real Estate Group, a Charlotte-based real estate company, in partnership with Great Lakes Capital, recently completed the purchase of 18.6 acres of land at the southeast corner of Charlotte Highway (Highway 21) and East Waterlynn Road in Mooresville, North Carolina. The parcel will be developed into a 204-unit multi-family mixed-use complex and will be known as Granger Village.

Located near Exit 33 of Interstate 77 by Lake Norman, Granger Village will feature multi-family units as well as two commercial parcels that may include 15,500 square feet of retail, restaurant, and medical office space. The location of Granger Village is perfectly situated less that one mile from well-established retail shopping, grocery stores, hotels, the Lake Norman Regional Medical Center, Lowe’s Home Improvement corporate headquarters, and other key employment nodes within the Mooresville community.

Construction is slated to begin in the second quarter of 2021 with an anticipated initial opening in the second quarter of 2022. Leasing is planned to begin in late 2021. The architectural firm on the project is Finley Design of Raleigh, North Carolina. The architectural style of the multi-family buildings will be more of an urban look than traditional garden

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Blackstone to Acquire Interior Logic Group, a Leading, Data-driven Provider of Design Solutions to Homebuilders, for $1.6 Billion

NEW YORK–(BUSINESS WIRE)–Feb 1, 2021–

Blackstone (NYSE:BX) today announced that private equity funds managed by Blackstone (“Blackstone”) have reached a definitive agreement to acquire Interior Logic Group Holdings, LLC (“ILG”) from Littlejohn & Co. LLC (“Littlejohn”), Platinum Equity and other equity holders, for a total transaction value of approximately $1.6 billion.

ILG is a leading, data-driven and technology-enabled provider of interior design, supply chain and installation management solutions to several of the nation’s largest single-family homebuilders. The company delivers to homebuilders and prospective homeowners critical information and support during the journey of moving into a new home, and utilizes technology, data, design expertise and supplier relationships to help enable buyers to complete their home purchases. ILG operates across 37 states, providing its capabilities to help enable the completion of nearly 100,000 homes per year.

Seth Meisel, a Senior Managing Director at Blackstone, said: “We are very excited about ILG’s future. Already an industry leader, ILG has tremendous potential to build on its strong foundation supporting homebuilders and homeowners. We look forward to partnering with ILG in the years ahead to help expand its geographic reach, enhance its technological innovation, and develop new opportunities.”

Vikram Suresh, a Managing Director at Blackstone,

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MullenLowe Group retains top architects and interior designers

Sri Lanka’s multinational advertising company, The MullenLowe Group has entered into a partnership with Nela De Zoysa Design Corporation (Pvt) Ltd, a-design studio and Westgate, to design its new premises in Colombo 5 under the theme “Luxury Play”.

The unique office space is set to break all traditional boundaries and formality to inspire teams to work collaboratively and productively. Key aspects of the design are to encourage working mothers to have a better work-life-balance, promote healthier living in a relaxed atmosphere and spaces to encourage staff to discover and build their talent.

Over 40 interested interior design companies responded to the RFP, of which 5 companies were selected to make an initial submission. After a competitive process which lasted, 3 weeks a-design studio in collaboration with Nela De Zoysa Design Corporation (Pvt) Ltd and Westgate were appointed to design and execute the project.

Sanjula Amaraseka- Architectural Designer of a-design studio said, “Nela De Zoysa Design Corporation (Pvt) Ltd, in collaboration with a-design studio are thrilled to present a fresh new design outlook for the interior space of MullenLowe Group. We are honoured to have been commissioned with the interior designer’s scope for this project and will strive to create multifunctional

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MullenLowe Group retains top architects and interior designers to inspire a new work culture post COVID

Sri Lanka’s leading multinational advertising company, The MullenLowe Group has entered into a partnership with Nela De Zoysa Design Corporation (Pvt) Ltd, a-designstudio and Westgate, to design its new premises in Colombo 5 under the theme “Luxury Play”. The unique office space is set to break all traditional boundaries and formality to inspire teams to work collaboratively and productively. Key aspects of the design are to encourage working mothers to have a better work-life-balance, promote healthier living in a relaxed atmosphere and spaces to encourage staff to discover and build their talent. Over 40 interested interior design companies responded to the RFP, of which 5 companies were selected to make an initial submission. After a competitive process which lasted, 3 weeks a-designstudio in collaboration with Nela De Zoysa Design Corporation (Pvt) Ltd and Westgate were appointed to design and execute the project.

Sanjula Amaraseka – Architectural Designer of a-designstudio said, “Nela De Zoysa Design Corporation (Pvt) Ltd, in collaboration with a-designstudio are thrilled to present a fresh new design outlook for the interior space of MullenLowe Group. We are honoured to have been commissioned with the interior designer’s scope for this project and will strive to create multifunctional workspaces with

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Donovan & Wye Group , Compass – Industry Leader in Chevy Chase Real Estate – DC Leaders

 

As DC natives, Chevy Chase residents, and parents of Lafayette Elementary students, Pam Wye and Claudia Donovan are committed to investing in the community in which they live and work. They are known as trusted real estate advisors and go-to names for advice and consultation, making them an invaluable resource to the community. They also offer unrivaled local insight, and are passionate about helping their clients discover all that their community has to offer.

Pam and Claudia are defined by the convergence of experience and innovation, and are grounded in their shared commitment to getting the best results for their clients, family, friends, and neighbors. Above all, The Donovan & Wye Group works tirelessly to bring each client’s vision to life — from first-time buyers to downsizers to forever home seekers. No matter where you are in life, they are poised to help you achieve the real estate results you deserve, every time. This year the group welcomes new member Meghan Geier, a Bethesda native and a natural in the business. The great granddaughter of a life-long DC native, she is sharp, poised, and equipped with the pulse on the downtown first-time home buyer market.

pam@compass.com 202.320.4169 | claudia@compass.com 202.251.7011

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Trilogy Real Estate Group Acquires Two Class A Multifamily Communities in Ann Arbor, Michigan

DETROIT, Jan. 25, 2021 /PRNewswire/ — Trilogy Real Estate Group, a Chicago-based real estate investment, property management, and development firm, announced today the acquisition of two Ann Arbor apartment communities in a portfolio transaction totaling 840 units.

“These acquisitions bolster our strategy of acquiring high quality communities in markets with healthy fundamentals,” said Trilogy Chief Investment Officer Jesse Karasik. “Ann Arbor is a true knowledge center with one of the most highly educated populations in the country.  In addition to being a top ten fastest growing tech submarket, Ann Arbor consistently ranks as a ‘Best Place to Live’ among Gen Z, Millennials and retirees alike.”

The first community, The Villas at Main Street, is located next door to the University of Michigan soccer complex and is comprised of 360 one-, two-, and three-bedroom units that were well occupied upon acquisition. Built in two phases in 1997 and 2002, the Villas resident experience is complemented by its amenity package that includes an outdoor pool with sundeck, 24-hour fitness center with a Peloton spin bike, clubhouse, dog park, package lockers and an outdoor kitchen with firepit.

Trilogy also acquired The Villas at Northstar, a 480-unit community

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Invesco Real Estate Selects Altus Group to Strengthen Data Usability and Boost Decision-Making Efficiency for its Pan-European Portfolio

Altus Group provides ARGUS software solution as a managed service to tackle complexities of data management and deliver more efficient powerful analytics for Invesco

TORONTO and MUNICH, Germany, Jan. 26, 2021 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced that Invesco Real Estate (“Invesco”), a global real estate investment manager, selected Altus Group as its technology partner to provide data management software and services that will transform how Invesco manages its €13.0 billion pan-European real estate portfolio with 177 assets across 15 countries.

As a leading global real estate investment manager, Invesco’s data management requirements are complex and include the collection of data from more than a hundred data providers on a monthly and quarterly basis from multiple countries and in varying formats. Altus Group will provide a comprehensive managed service, combining market-leading technology through its ARGUS Voyanta software solution and data management expertise to deliver greater efficiency and more powerful analytics for Invesco across Europe. This will enable more streamlined data collection in an auditable process resulting in the centralisation of disparate information into a single platform and

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Invesco Real Estate Selects Altus Group to Strengthen Data Usability and Boost Decision-Making …

Altus Group provides ARGUS software solution as a managed service to tackle complexities of data management and deliver more efficient powerful analytics for Invesco

TORONTO and MUNICH, Germany, Jan. 26, 2021 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced that Invesco Real Estate (“Invesco”), a global real estate investment manager, selected Altus Group as its technology partner to provide data management software and services that will transform how Invesco manages its €13.0 billion pan-European real estate portfolio with 177 assets across 15 countries.

As a leading global real estate investment manager, Invesco’s data management requirements are complex and include the collection of data from more than a hundred data providers on a monthly and quarterly basis from multiple countries and in varying formats. Altus Group will provide a comprehensive managed service, combining market-leading technology through its ARGUS Voyanta software solution and data management expertise to deliver greater efficiency and more powerful analytics for Invesco across Europe. This will enable more streamlined data collection in an auditable process resulting in the centralisation of disparate information into a single platform and

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(LCY), Forest Oil Corporation (NYSE:FST) – Hillman Group In Talks With Tilman Fertitta SPAC: Bloomberg

Tilman Fertitta may be targeting a fastener and home improvement company with the third Landcadia Holdings SPAC.

What Happened: Fertitta’s Landcadia Holdings III Inc (NASDAQ: LCY) is in talks to take Hillman Group public, according to Bloomberg.

Hillman makes fasteners and home improvement products. The company supplies products to over 38,000 companies, including top home improvement retailers Home Depot Inc (NYSE: HD) and Lowe’s Companies Inc (NYSE: LOW).

The deal could value Hillman at over $2 billion. Hillman has been owned by private equity company CCMP since 2014, when it was purchased for $1.5 billion from another private equity company.

Related Link: This Small Cap Stock Could Be A Cheaper Way To Play DoorDash, Uber Eats

Why It’s Important: Fertitta has quickly become an experienced name in the SPAC market. Landcadia Holdings’ first SPAC took Waitr Holdings Inc (NASDAQ: WTRH) public in Nov. 2018. The second Fertitta SPAC took Golden Nugget Online Inc (NASDAQ: GNOG) public last month.

Fertitta is also in talks for his restaurant and casino businesses to go public with SPAC Fast Acquisition Corp (NYSE: FST), according to Bloomberg.

Price Action: Shares of Landcadia Holdings III traded higher on the rumor and were halted briefly on

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