Navigant Partners Strikes Alliance with Situs Companies for Real Estate
Due Diligence Services on Mergers and Acquisitions
DALLAS (Business Wire EON/PRWEB ) May 22, 2008 --
Officials at Navigant Partners, LLC, announced today they
have formed a strategic alliance with The Situs Companies, a
Houston-based global real estate services firm, to provide property due
diligence, valuation and other property related services for mergers and
acquisitions in the commercial real estate and financial services
industry.
Navigant Partners builds and expands business platforms in the
commercial real estate and financial services industries through
mergers, acquisitions and business integration as well as new business
formation and expansion. Situs is a leading provider of commercial real
estate services and consulting solutions for all property types to
financial institutions, institutional investors, private owners and
developers.
According to Jim Vincent, Navigant’s managing
partner, “Real estate assets are often a
material component of value creation for REITs and others acquiring the
entity for its real estate holdings. In larger mergers within the
financial industry, where real estate is owned but not the core
business, real estate holdings may present opportunities for
consolidation and cost rationalization. Failure to address the value
levers from real estate can cause significant time delays and extra
costs in a merger or acquisition if not identified and addressed on the
front end.”
“Situs is consulted worldwide in this regard
by top institutional investors, investment banks and private equity
firms, and we are fortunate to have this alliance in place for the
benefit of our clients,” said Vincent.
About Navigant Partners
Navigant Partners (www.navigantpartners.com)
is a real estate consulting and investment firm that works with banks,
institutional investors, lenders, owners, intermediaries, and service
providers in the commercial real estate and financial services industry
to help them accelerate growth of their business. Navigant Partners
offers a number of services ranging from strategy formation, corporate
and business development, mergers and acquisitions, capital sourcing,
and interim executive and operations management.
About The Situs Companies
The Situs Companies (www.situscompanies.com)
is a leading provider of commercial real estate services and consulting
solutions for all property types to financial institutions,
institutional investors, private owners and developers. Headquartered in
Houston since its founding in 1985, the firm employs over 350 real
estate professionals in offices throughout the United States, Europe and
Asia. During 2006, Situs conducted due diligence assignments involving
over 10,000 properties worldwide.
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