News & Updates
2nd Quarter 2011
- Article announcing the Palm Club closing appears on Florida Real Estate Journal
July 1, 2011
- Vesta closes bridge loan on acquisition of 160 unit multifamily property
$5,300,000 – Lake Worth, FL
- Robert McGihon promoted to Investment Officer and will head Vesta’s equity and acquisition groups
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- Vesta funds first equity under new Co-Sponsor Acquisition platform
$1,000,000 – Houston, TX
- Vesta closes on its first programmatic Co-Sponsor vehicle with Austin, TX based investment group
1st Quarter 2011
- Vesta hires Adam Woodard as Investment Analyst under the Bridge Lending platform
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- Vesta closes its first participation bridge loan on acquisition of 312 unit multifamily property
$2,855,000 – Dallas, TX
- Vesta closes on bridge loan for the acquisition of 64 condominium units
$4,300,000 – Ft. Lauderdale, FL
- Vesta launches new Co-Sponsor Acquisition Program under its equity platform
4th Quarter 2010
- Vesta closes on first equity investment - Joint Venture investment in three adjacent office properties
$1,011,092 – Atlanta, GA
- Vesta closes on Joint Venture investment in 344 unit fractured condo property
$6,300,000 – Boca Raton, Florida
- Vesta closes on bridge loan for the acquisition of a 201 unit apartment complex
$4,700,000 - St. Petersburg, FL
- Vesta closes Preferred Equity investment on 432-unit, Class A multifamily outside of Orlando, FL
$5,500,000 – Orlando, FL
- Article announcing year-end closings appears on Florida Real Estate Journal
December 20, 2010
- Vesta looks to grow with two new job opportunities:
Investment Analyst
Business Development Officer
3rd Quarter 2010
- Vesta tombstone announcing the Las Olas closing appears in the August 2010 issue of Southeast Real Estate Business
- Article announcing the Las Olas closing appears on Florida Real Estate Journal July 16, 2010
- Vesta closes on bridge loan for the acquisition of 55 condominium units
$4,785,000 – Ft. Lauderdale, FL
- Vesta hires Adam Kowalski as Investment Analyst
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2nd Quarter 2010
- Vesta closes on bridge loan to recapitalize self- storage land
$600,000 – Orlando, FL
- Vesta tombstone announcing the Galveston closing appears in the May 2010 issue of Texas Real Estate Business
- Article announcing the Galveston closing appears in the May 16 – 31 edition of Florida Real Estate Journal
- Vesta hires Bobby McGihon as Investment Associate
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- Vesta closes on bridge loan to recapitalize self-storage land
$800,000 – Orlando, FL
1st Quarter 2010
- Vesta closes on bridge loan to recapitalize and rehab 27 waterfront condominium units
- Vesta Equity launches vestaequity.com website
February 2010
4th Quarter 2009
- Vesta Equity launches new bridge loan platform
- Vesta closes on distressed office acquisition
$2,850,000 – Lakewood Ranch, FL
- Vesta closes non-performing note purchase on nine waterfront condominium units
$5,450,000 – Redington Beach, FL
- Vesta closes bridge loan for discounted note payoff on residential development
$2,957,000 – Richmond Hills, GA
- Vesta acquires eleven waterfront condos as REO transaction
$4,700,000 – Clearwater, FL
