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IBS Investment Bank Inks $100 Million Agreement With NC Multifamily Operator MACC Venture Partners

IBS Investment Bank Inks $100 Million Agreement With NC Multifamily Operator MACC Venture Partners

IBS Investment Bank today announced its $100MM agreement with MACC Venture Partners, LLC for the acquisition multifamily assets in the U.S.

Online PR News – 14-February-2017 – Fort Lauderdale-based private equity firm IBS Investment Bank a division of Institutional Banking Services, N.A. CORP (IBS, N.A.) today announced its $100MM agreement with Gastonia, North Carolina based multifamily owner-operator MACC Venture Partners, LLC (MACCVP) for the acquisition, management and disposition of multifamily assets throughout the Southeastern United States.

The new agreement will leverage IBS, N.A.s institutional investment management experience to launch MACCs first close-ended fund, the $100MM MACCVPs Capital Equity Fund, LLC (the Fund). The Fund will fuel the groups purchase of Class B multifamily assets which are operationally opportunistic for MACCVPs property management prowess. We believe overall conditions for multifamily is still positive among Southeastern metro areas. Job growth, supply growth, affordability and submarket concentration drive our due diligence. This focus resonates deeply in our acquisitions and is reflected in our past performance and track record, said MACCVP Managing Director, Tony Azar.

Jackson, the IBS Investment Bank chief executive and Forbes Finance Council member cites MACCVPs personalized, high-touch culture as the driver which led him into the agreement. The corporate culture between MACCVP and IBS, N.A. is synonymous in that we have remained consistent to our employees and investors throughout economic cycles by sticking to the fundamentals. This partnership delivers us a competitive edge in acquiring stable assets in high-barrier to entry markets, IBS, N.A. Chairman and Chief Investment Officer Jason Jackson told reporters.

About IBS Investment Bank
IBS Investment Bank a division of Institutional Banking Services, North America CORP (IBS, NA) is a privately held institutional banking firm dedicated to providing investment management and advisory, corporate finance, real estate finance, acquisition and management, and human capital services to its institutional clients. For more information visit www.ibsinvestmentbank.com or www.IBSREICO.com

About MACC Venture Partners
MACC Venture Partners, LLC is an investor and multifamily operator which pursues capital preservation and appreciation through the acquisition and management of stabilized assets in high growth markets. MACCVP is vertically integrated to manage acquisition, asset management, construction management, brokerage and collections. For more information visit www.maccvp.com.

Quote:

“The corporate culture between MACCVP and IBS, N.A. is synonymous in that we have remained consistent to our employees and investors throughout economic cycles by sticking to the fundamentals. This partnership delivers us a competitive edge in acquiring stable assets in high-barrier to entry markets IBS, N.A. Chairman and Chief Investment Officer Jason Jackson told reporters.”

Company Contact Information
Jody Blake
http://www.ibsinvestmentbank.com
954-889-5827 ext.804
 

About Dave Bailey

Dave Bailey
I started University at the age of 24 and graduated from Wayne State Unv. ( Detroit Michigan) at age 28 with a degree in Business and Finance. I began a career in the Insurance Business Promoting Business Insurance to Small Business owners and their Estates. My second career is Internet Marketing and helping people like you reach Financial Freedom.

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