Grandbridge Real Estate Capital LLC has reached an agreement to acquire Dwyer-Curlett & Co., a commercial real estate finance firm with three offices in southern California. The transaction, which is subject to investor approval, is expected to close Nov. 30.
“This purchase continues our geographic expansion into the attractive California market and fully anchors our national footprint on the West Coast,” said Grandbridge chief executive Thomas Dennard, in a written statement.
“We’re enthusiastic about bringing Dwyer-Curlett’s experienced production and asset management team onboard,” said Grandbridge president and chief operating officer David Roberts. “These associates make an outstanding addition to our company and illustrate the high quality talent that the Grandbridge business model continues to attract.”
Founded in 1933, Dwyer-Curlett & Co. is a commercial real estate firm specializing in the placement of debt and equity with life insurance companies and other institutional sources. Independently owned by partners, Dwyer-Curlett finances a wide spectrum of commercial property types including industrial buildings, office buildings, shopping centers and apartment complexes.
