X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

AEW Capital Management has invested $7.25 million in the Meyers Group, a provider of residential real estate information. The money from AEW Partners III came during a second round of funding for Meyers, with AGL Capital Investments of Denver, CO adding another $11.2 million.

“We look for Meyers Group to solidify its position as the leading source of information for the residential development industry,” says AEW Partners III portfolio manager Marc L. Davidson, whose firm also provided first round financing to Meyers. “With the combined resources of AEW and AGL, we expect the company will move forward quickly in meeting its growth objectives.”

Jeffrey S. Meyers, chairman and CEO of Meyers Group, says the company will use the proceeds to accelerate the introduction of new products and continue the conversion of the 15-year-old firm to an Internet-based model. The company website, www.meyersgroup.com, provides on-demand access to its databases, as well as market analyses and research. Meyers says he is “extremely pleased to have the continued trust of AEW and welcome AGL to our investor group.”

AEW is a real estate investment advisory firm, providing investment management, banking and related services to institutional investors and other owners of commercial properties and portfolios. The company manages approximately $6 billion of capital leveraged into more than $9 billion of real estate in North America and Europe.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. APARTMENTS SPRING 2021Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.