Situs Holdings, LLC
| Private | |
| ISIN | 🆔 |
| Industry | Real estate |
| Predecessor | Real Estate Research Corporation (RERC) |
| Founded 📆 | 1985 in Houston, United States |
| Founder 👔 | James C. Downs, Jr. |
Area served 🗺️ | |
Key people | Steven J. Powel (CEO) |
| Members | |
Number of employees | |
| Parent | Stone Point Capital |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Situs Holdings, LLC is a multinational company that provides business solutions for the finance and commercial real estate industries.[1][2][3] It is a subsidiary of Stone Point Capital.[4][5][6] The company is based in Houston, United States with additional offices in U.S.A, Europe and Asia.[7][8] It acts as the trust advisor to the Morgan Stanley and Bank of America.[9]
History[edit]
Situs was founded in 1985 providing loan services outside the Houston area.[10] In 2004, Situs opened an office in London, United Kingdom and in Frankfurt, Germany in 2008.[11][12] Its Denmark office was founded in 2011. In the same year the company was acquired by Helios AMC, a Ranieri Partners company. In 2012, they acquired the European Loan Servicing and Asset Management Business of Deutsche Bank.[13][14] Situs acquired Real Estate Research Corporation (RERC) in 2014 and renamed to Situs RERC.[15][16] RERC was founded in 1931 by James C. Downs, Jr. in Houston, USA.[17]
Acquisition[edit]
Situs was acquired in 2015 by Stone Point Capital, an American private equity firm.[18][4][19]
References[edit]
- ↑ "Situs hires BlackRock exec for commercial property risk analysis". Reuters. 2016-08-04. Retrieved 2016-12-28.
- ↑ Raice, Shayndi (2015-01-06). "Lewis Ranieri's Situs Holdings Nears Sale to Stone Point Capital". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-12-28.
- ↑ "Situs Holdings, LLC: Private Company Information". www.bloomberg.com. Bloomberg. Retrieved 2017-01-03.
- ↑ 4.0 4.1 "Ranieri's CRE Advisory Services Group, Situs, Sold to Stone Point Capital". National Mortgage News. Retrieved 2017-01-03.
- ↑ "Stone Point Capital Grabs Situs, Makes Powel New CEO". www.cpexecutive.com. Retrieved 2016-12-28.
- ↑ Patnaude, Art (2015-01-22). "Loan Firms Boom as Banks Shift Debt in Europe". Wall Street Journal. ISSN 0099-9660. Retrieved 2016-12-28.
- ↑ Writer, Laura Douglass, Staff. "New York, London, Frankfurt, Copenhagen … Robbins, Situs' Global Reach Grows Strong in Northern Moore". The Pilot Newspaper. Retrieved 2016-12-28.
- ↑ "Auction.com-Situs deal aims to move commercial property beyond local arena". Reuters. 2017-06-08. Retrieved 2016-12-28.
- ↑ Kravitt, edited by Jason H.P. (2013). Securitization of financial assets (3rd ed.). New York: Wolters Kluwer Law & Business. p. 16/104. ISBN 0735561923. Retrieved 2 February 2017.CS1 maint: Extra text: authors list (link) Search this book on
- ↑ Anthony Mancuso (2016). LLC Or Corporation?: Choose the Right Form for Your Business. Nolo. p. 30. ISBN 1413323170. Search this book on
- ↑ Today, Realty (21 August 2015). "Top U.S. Commercial Real Estate Markets".
- ↑ "SITUS REALTY SERVICES LIMITED - LONDON - tplast-profile.ru".
- ↑ "Situs Put Up For Sale by Ranieri Partners and Co-Owners". CoStar Group.
- ↑ "Money360 Adds John Maute & Jonathan Barlow to Board of Directors". 9 December 2015.
- ↑ "Stone Point buys Situs from WL Ross | Real Estate Weekly". rew-online.com. Retrieved 2017-01-03.
- ↑ Raice, Shayndi (6 January 2015). "Lewis Ranieri's Situs Holdings Nears Sale to Stone Point Capital" – via Wall Street Journal.
- ↑ "RERC opens Manhhatan digs". Real Estate Weekly.
- ↑ Calia, Michael; Raice, Shayndi (2015-01-06). "Stone Point Capital to Buy Ranieri's Situs Holdings". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-02-02.
- ↑ Matthew Monks (2014-10-24). "Stone Point Capital Said to Seek Buyer for Automobile Protection". Bloomberg.com. Retrieved 2017-02-02.
External links[edit]
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