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LOS ANGELES-Commercial real estate firm Sperry Van Ness International Corp. has formed a strategic alliance with DealPoint Merrill to expand its national equities platform. The new platform will focus on value-add and co-investment opportunities and development services.  

In forming the partnership, DealPoint Merrill saw a “demand for redevelopment and adaptive reuse real estate designed for Sperry Van Ness advisors and 1031 exchange investors,” according to DealPoint Merrill CEO David Frank. The company seeks to acquire undervalued investments where value can be quickly enhanced. It then turns over the investment for an equally fast return. “Our exit strategy is keenly focused on keeping what we have made,” says DealPoint Merrill CIO Sterling McGregor. “Consequently, we provide exit strategies designed to protect our investor’s hard won profits. Secondly, we focus on proven asset types that will provide a strong margin of safety in case the market changes.”

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