33 Holdings LLC & Beers Housing Inc., Operations & Service Lines Merge to Create a Private Equity Real Estate Platform.

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"Joining 33 Holdings LLC is a step by step advancement in our quest to build a world-class mortgage and construction services business," commented Chad beers, Founder and Chief Executive Officer of Beers Housing Inc. "As part of 33 Holdings LLC, we will be able to serve 33 existing portfolios and attract new customers across the industry. This is really an exciting relationship for our customers, suppliers and employees and will help position our business for strong growth in the future, "he said.

"This investment in Beers Housing Inc. provides 33 Holdings LLC with a great opportunity to add a leading mortgage and construction services business to our platform," said Sanjay Raghavaraju, founder and chief executive officer of 33 Holdings LLC.

"This merger will create a fully functional private equity real estate company that delivers higher returns and faster delivery of real estate projects to our clients," said Corey Oldknow, Broker & Chief Acquisitions Officer of 33 Holdings LLC.

Under the terms of the agreement, Beers Housing Inc. will operate under the name Beers Construction Partners (BCP) and under the current leadership. In addition, Heidebier, Managing Partner of Beers Housing Inc., will take on the role of Chief Operating Officer (COO) at 33 Holdings LLC & Beers Housing Inc. and help integrate the two companies while ensuring value for investors and customers over the next several years Months. Both Chad beers & Heidebier will join Corey Oldknow & Sanjay Raghavaraju as Directors of 33 Holdings LLC.

"Beers Housing Inc. is excited to join the 33 group of companies," said Heidebier, Managing Partner of Beers Housing Inc. "Our respective cultures, goals and investment philosophies align very well. Beers Construction Partners (BCP) will remain a leading mortgage and construction services company, now benefiting from the support of significant financial and operational resources. The partnership with 33 ensures that BCP's clients remain the majority owners of the company. With this integration, we see an opportunity for growth in the face of seismic changes in the real estate market that will benefit our partners and employees better serve our investors and the communities in which we operate are affect. "

About 33 Holdings LLC (33)
33 Holdings LLC specializes in real estate investment, acquisition, development, construction and asset management in the southeastern United States with a focus on primary and secondary markets. Sanjay Raghavaraju founded 33 Holdings LLC on the premise that real estate investments should be driven by solid market fundamentals, a flexible time horizon, and a strong alignment of interests between investors and managers. 33 Holdings has a strong track record of increasing investment results. 33 Holdings is characterized by practice-oriented real estate investment management, creative deal structuring and transparent communication with investors.

More information is available at http://www.33holdings.com

About Beers Construction Partners (BCP),
Beers Construction Partners specializes in preserving and increasing the value of bank and investor assets across the Southeast using a hands-on approach with a hybrid employee / subcontractor base model. Chad beers, founded Beers Housing in 2007 with a strong focus on the mortgage field service as well as Fix and Flip and, thanks to the strong management and customer relationships of. adapt to different services Heidebier in order not only to meet the industrial and economic needs in the housing market, but to exceed them. Beers Housing now has multiple service lines that include mortgage field service, maintenance, refurbishment, foundation engineering and development.

More information is available at http://www.beershousing.com

Media contact: [email protected]

SOURCE 33 Holdings, LLC

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source https://seapointrealtors.com/2021/08/12/33-holdings-llc-beers-housing-inc-merge-operations-service-lines-to-create-a-vertically-integrated-real-estate-platform/


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