Thank you for sharing!

Your article was successfully shared with the contacts you provided.

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.”

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?


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.