The principals of Mishawaka, Indiana-based Cressy Commercial Real Estate completed a merger with Mno-Bmadsen, the nongaming investment arm of the Pokagon Band of Potawatomi.
The merger will enable Cressy to expand into new markets and implement its strategic goals while continuing to provide service to past and future clients.
Mno-Bmadsen will benefit from additional resources to manage the real estate needs of its growing portfolio of investments. The merger will also expand the broad array of Mno-Bmadsen commercial real estate investments in alignment with the pursuit of asset diversification to support the Pokagon Band of Potawatomi for future generations.
“We are thrilled to deepen our partnership with Mno-Bmadsen. The long-term growth strategies of the company will be greatly accelerated and further strengthened via alignment with the Mno-Bmadsen family of companies,” said George Cressy Jr., Chairman of the Board. “We have been partners with Mno for years in various endeavors, and we believe our core values and service-based ideologies are in alignment and will create a very dynamic partnership for generations to come.”
Chris Fielding, the current CEO of Cressy, will continue to serve the company in his capacity, and the current partners in the company will continue to serve the community as they have for decades. Cressy is currently undertaking the renovation of the former Mishawaka Police Department, which will serve as the corporate headquarters for all divisions of the company.
