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GE Commercial, Denholtz join forces for country-wide acquisition spree.


GE Commercial Finance Real Estate, a global reSoUrce for commercial real estate capital, and Denholtz Associates, a national real estate owner and investor, recently announced the formation of a strategic joint venture to acquire commercial real estate properties in New Jersey, Philadelphia, Atlanta, Florida and Chicago.

Steven Denholtz, managing director and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Denholtz Associates, stated, "GE Commercial Finance Real Estate, one of the premier real estate investors A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit.  in the world, brings an extraordinary level of talent, market expertise and financial acumen acumen Astuteness, perception, perspicacity  to this venture. Having built our reputation in the value-add sector, we're confident that this new venture will efficiently source opportunities in these select markets."

Denholtz also indicated that they hope GE Commercial Finance Real Estate will invest up to $150 million in the joint venture to fund $600 million in acquisitions. "The goal for our joint venture with Denholtz is to build a strong, diversified diversified (di·verˑ·s  equity portfolio in the office and flex-industrial sector," said Laurie Smith Laurie Smith (b.1957) was an American pornographic actress and model.She was active in porn from 1979-1992. Laurie was best known for her wispy brown hair,naturally curvy figure, sweet and soft voice,and girl next door personality. , senior relationship manager with GE Commercial Finance Real Estate. "Targeting markets where Denholtz has a proven track record and properties with high growth potential will enable us to commit the resources necessary to maximize performance and value."
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Title Annotation:NEW JERSEY
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jul 20, 2005
Words:196
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