Statebridge secures FrontRange Capital Partners investment

Milhaus, an Indianapolis-based owner and developer that specializes in urban infill and suburban multifamily residential buildings, secured $245M in new capital from FrontRange Capital Partners.

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Specialty servicer Statebridge Co. signed a deal with frontrange capital partners, securing enough of an investment from the firm to restructure Statebridge, breaking it away from the financial. Statebridge In the News. Statebridge Company, LLC is a loan servicer and a portion of our business involves the collection of debts. sells $65 million in commercial assets CBRE Sells Over $51 Million at Latest Portfolio Auction – [Related reading: CBRE’s Premium Property Portfolio Auction Clears $100 Million]A highlight was the sale for Charter Hall of a freestanding supermarket at Kerang, in Victoria’s north-west. The asset, which is situated 279km from Melbourne’s CBD, attracted the strongest bidding on the night and was sold for $15,700,000 – a yield of 6.19.

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 · Indianapolis-based developer Milhaus, which currently owns the Highland Row in Memphis, has secured $245 million in new capital from FrontRange Capital Partners, StepStone Group Real Estate LP.

FrontRange Capital Partners, CEO & Chief Investment Officer David Robertson joined the Milhaus Board of Directors in April of 2018 and is one of the company’s first external members. Robertson is a cofounder of FrontRange and brings Milhaus more than 20 years of investment and operational experience through completing more than $15 billion of investments, transactions, and financings.

Having mustered regulatory approval, mortgage servicer Statebridge has reportedly secured funding from FrontRange Capital Partners, which it will use to strengthen.

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Indianapolis-based Milhaus, a developer that specializes in urban infill and select suburban multifamily residential buildings, has secured $245 million in funding. The investors included FrontRange Capital Partners and StepStone Group Real Estate LP. Source: Press Release.

Having mustered regulatory approval, mortgage servicer Statebridge has reportedly secured funding from FrontRange Capital Partners, which it will use to strengthen its balance sheet in a bid to become a Fannie Mae and Freddie Mac servicer. According to a press release, Statebridge will use the funding to repurchase all of Integrated Asset Services’ current ownership [.]

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