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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

Tags: Real Estate, Banking and Finance, idaho
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