Madison Street Capital Arranges $2.5MM Equity Facility for GMS-Pavilion Properties, LLC
FOR IMMEDIATE RELEASE- April 20, 2016 - Chicago, IL/Bloomington, IN – International investment banking firm,Madison Street Capital, acted as the exclusive financial advisor in arranging a $2.5MM equity facility for its client, GMS-Pavilion Properties, LLC. Based in Bloomington, IN, GMS-Pavilion Properties is a real estate development and construction company that handles both project design and construction with a strong emphasis on Student Housing. The facility was provided by Indianapolis, IN based Sila Capital, LLC. The transaction was announced today by Charles Botchway, CEO of Madison Street Capital. The transaction was led by Madison Street Capital Senior Managing Directors, Lester (Jay) Rodgers & Karl D’Cunha.
“We are pleased to have had the opportunity to assist the Hoffman family achieve their goals and realize an outcome fitting of the rich, 40-year heritage of managing and developing quality properties in the Bloomington, Indiana area,” said Jay Rodgers, Senior Managing Director. “Steven Hoffman’s leadership, cooperation and good-nature facilitated the completion of this mandate in an extraordinarily timely manner. We wish them good fortune and look forward to working with them again in the future.”
GMS-Pavilion Properties President, Steven Hoffman, credited Madison Street Capital as being an essential component in closing such a timely deal.
“It was great to work with Madison Street Capital. They were quick, responsive, and very knowledgeable,” explained Hoffman. “Without Madison Street Capital, my business could not continue its growth. We look forward to working with Madison Street Capital and Jay Rodgers on future capital needs.”
About Madison Street Capital
Madison Street Capital is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client’s goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients, and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit our website and follow us on Facebook, Twitter, YouTube and LinkedIn.
About GMS-Pavilion Properties
Headquartered in Bloomington, IN, GMS-Pavilion Properties is a highly experienced, efficient, and client-focused design-build construction company with a strong emphasis on Student Housing. Attention to detail, dedication to clients, and forthright accountability allow us to exceed client expectations and provide excellent results. For additional information about GMS-Pavilion Properties, visit the company’s Web site at http://pavprop.com/
About Sila Capital, LLC
Sila Capital is a diversified real estate investment company dedicated to acquiring, redeveloping or investing in real estate redevelopment and new construction. Sila Capital is headquartered in Indianapolis, IN. For further information on Sila Capital, please visit: www.silacapital.com