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DBSI Group of Companies Announces Unification Into DBSI
DBSI Group of Companies Announces Unification Into DBSI
BOISE, Idaho, May 12 /PRNewswire/ -- DBSI Group of Companies today
announced that most affiliates of the firm have become wholly owned
subsidiaries of the company, which will operate and be re-branded solely as
DBSI.
Under the restructuring, affiliates DDRS LLC and DBSI Development LLC will
become wholly owned subsidiaries of DBSI while continuing to operate as they
have in the past. The unification effort will provide DBSI with a simplified
structure and more powerful national branding presence.
"This move enhances the strength of our brand and streamlines our message
within the investment real estate community," said Gary Bringhurst, DBSI Chief
Operating Officer. "This transition will create a more unified culture within
the company and strengthen us in the marketplace as we leverage our experience
and depth to continue our growth."
As a result of this change, all announcements and marketing material
previously associated with DBSI Housing, DDRS or DBSI Development will be
re-branded as DBSI.
DDRS is a full-service real estate company that locates, acquires, leases
and manages high-quality real estate, such as retail, office, flex, industrial
and multifamily properties. The company manages more than 200 properties
valued in excess of $2.65 billion in 33 states.
DBSI Development is a national development company focused on land
development and the vertical development of commercial and multifamily
projects throughoutthe United States.
Spectrus Real Estate offers individual buyer investment real estate
products in the commercial real estate marketplace, primarily through 1031
exchanges. Spectrus is DBSI's real estate sales channel, focusing on
individual buyer opportunities.
DBSI Securities Corporation will remain an affiliate of DBSI and will
continue to offer real estate investment opportunities in all four stages of
the real estate life cycle, plus related securities offerings. DBSI Securities
markets numerous private offerings in real estate, including limited
partnerships, 1031 exchanges/tenant-in-common offerings, debt offerings and
REITs. DBSI Securities is a registered broker-dealer.
About DBSI
DBSI has a successful, 29-year history, servicing over 8,000 satisfied
investors and currently manages a property portfolio valued at some $2.65
billion. DBSI comprises several companies dedicated to locating, acquiring,
developing, leasing, and managing institutional grade real estate throughout
the nation.
Learn more about DBSI @ www.dbsi.com.
SOURCE DBSI
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