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In Press Releases by Simon Group Holdings

Soaring Pine Capital Extends Credit Facility to Park Street Group Realty Services to Expand Detroit Residential Acquisition and Rehabilitation Platform

BIRMINGHAM, Mich., Nov. 21, 2016 /PRNewswire/ — Soaring Pine Capital, a Simon Group Holdings company, announces that its affiliate Soaring Pine Capital Real Estate and Debt Fund, LLC has provided a senior secured credit facility to Park Street Group Realty Services, LLC. Since 2008, Bloomfield Hills, Mich., based Park Street Group has participated in more than 1,500 residential property transactions in …

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In Press Releases by Simon Group Holdings

Soaring Pine Capital Receives a Payoff on its Financing of 10 Apartment Buildings on the West Side of Detroit

BIRMINGHAM, Mich., Nov. 15, 2016 /PRNewswire/ — Soaring Pine Capital (Soaring Pine), a Simon Group Holdings company, announced that its affiliate LPI – Jordan, LLC (Jordan) received a payoff on its investment in MJS Financial, LLC (MJS). On Oct. 31, 2014, Jordan provided virtually all of the acquisition financing that allowed MJS to acquire 10 apartment buildings (334 units) in the …

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In Press Releases, Success Stories by Simon Group Holdings

Local Entrepreneurs and Wayne County Sheriff Recognized by the American Arab Chamber of Commerce for Building Economic and Community Bridges

The American Arab Chamber of Commerce (AACC) recognized two local entrepreneurial business leaders, and Wayne County Sherriff Benny Napoleon, at its 24th annual “Building Economic Bridges” Gala, which was held at Livonia’s Burton Manor, on Oct. 28. More than 1,000 guests celebrated the contributions of the local American Arab community. Host of the weekly CBS business show “Small Talk,” and …

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In Press Releases by Simon Group Holdings

Atlas Oil Responds to Hurricane Matthew with an Emergency Fuel Deployment

Taylor, Michigan – Oct. 13, 2016. When Hurricane Matthew made landfall in Haiti on October 4th as a Category 4, the Atlas Oil Emergency Fuel Services team prepared for deployment. In what would be the largest mandatory U.S. evacuation since Hurricane Sandy in 2012, Matthew’s surge brought heavy winds, rainfall and widespread flash flooding from Florida to North Carolina. To …

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In Press Releases by Simon Group Holdings

VESTA Announces Award of Houston Galveston Area Council (“H-GAC”) Contract

BIRMINGHAM, Mich., Oct. 05, 2016 (GLOBE NEWSWIRE) — VESTA Modular today announced it has been awarded the Houston Galveston Area Council’s (“H-GAC’s”) New/Leased Modular Buildings & Shelters contract.  As an awardee under the HGACBuy Program, VESTA will sell and lease modular buildings to government agencies nationwide that participate in the H-GAC cooperative purchasing program. A photo accompanying this announcement is …

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In Press Releases by Simon Group Holdings

VESTA Acquires 76 Classrooms – Continues Expansion into Education Sector

BIRMINGHAM, Mich., July 15, 2016 /PRNewswire/ — VESTA Modular today announced it has acquired 76 classroom units in Florida, which will be immediately leased to school districts in the state. The acquisition is the latest in a string of moves related to the company’s continued expansion into the commercial space-rental business. VESTA’s efforts were led by the company’s Southeastern team and …

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In Press Releases by Simon Group Holdings

Soaring Pine Capital Finances Acquisition of Technology Solutions, Inc.

BIRMINGHAM, Mich., May 20, 2016 /PRNewswire/ — Soaring Pine Capital (Soaring Pine), a Simon Group Holdings company, is pleased to announce the purchase of Technology Solutions, Inc. (Technology Solutions) based in Chicago, Illinois, by Soaring Pine Capital Growth Fund I.  In partnership with two cable/wireless industry veterans, Jerry McCoy and William (Bill) Fenton, Soaring Pine will provide support to the management …

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In Press Releases by Simon Group Holdings

VESTA Adds Two New Executives to Team, Expands in the Southeast

BIRMINGHAM, Mich., May 10, 2016 /PRNewswire/ — VESTA Modular today announced it has added two executives to assist the company with its continued expansion into the modular space leasing business and opened up operations in Jacksonville, Florida.  Both professionals will be critical to VESTA as it continues to offer a growing array of products to include temporary offices, classrooms, and other …