Featured News

Categories: Real Estate Investing

Value Place Secures $100 Million in Capital

One of America's leading short term residential property franchisors, Value Place has announced having secured $100 million in capital investment from private equity firm Lindsay Goldberg LLC. 

The essential sort term stay Value Place

According to their news, the influx of capital further enables Value Place for accelerated growth. Accordingly  the follow on investments will go toward adding no less than 50 new company locations.

The Value Place executive team finalized this deal back in December of 2012. Going forward, the existing top executive leadership of Founder Jack DeBoer will continue as the firm expands. Weber offered this statement on the deal:

“Our relationship with Lindsay Goldberg is an important part of our growth strategy. Lindsay Goldberg has a reputation for making long-term investments in companies with extraordinary potential for growth and financial performance. Their endorsement of Value Place sends a strong message about the potential for Short-Term Residential Property development and is further validation of the company’s highly efficient operating model, Brand and value proposition.”

Meanwhile, Value Place celebrates the opening of their 181st unit located in Odessa, TX. Other new locations at College Station, TX, Dickinson, ND and Manassas, VA are slated to open later in 2013.

For more information about this transaction, please visit the original press release or the prescribed links above.

Al Twitty

Recent Posts

How and Why You Want FHA Condo Approval

A condo might be perfect if you don't want to buy a single-family home. Though,…

17 hours ago

What is the best social media marketing platform for real estate agents and how to use them

There are several social media platforms that can be effective for real estate agents, depending…

1 day ago

How to Properly Wax and Clean Hardwood Floors

Did you know that it's possible to make a hardwood floor last for up to one hundred…

1 day ago

Key Fire Safety Tips For Your Home

Fire safety should be a priority for every homeowner. Based on one source, around 486,500…

1 day ago

Sam and Jonathan Pergerson Join The Exclusive Haute Residence Real Estate Network

Sam and Jonathan have taken the real estate world by storm. In just one year…

1 day ago

How many blog posts should I post per day on my website for a better SEO? and what is domain authority

The number of blog posts you should post per day on your website for better…

1 day ago