We use cookies to learn how you use our site and to improve your experience. Atlanta-based Cortland Partners has agreed to buy a Canadian apartment company for $1.2 billion. August 17, 2020 | Cortland 2019 Rebranded as Fibron. Cortland CEO and Co-Founder Steven DeFrancis spoke with the Dallas Business Journal regarding the company's acquisition of Pure Multi-Family REIT, why he's bullish on ⦠Owners include: Owners (partial or full) of multifamily (defined as five or more units) rental properties, including independent living and age-restricted housing. 1959 - Ray Smith sells company to Aero Flow Dynamics, but it operates under Cortland Line. The seller, Atlanta-based Cortland Partners, paid $41.9 million for the property in 2013, according to Hillsborough County property records. We also analyze site traffic to make website enhancements and to inform business decisions. Atlanta, Ga. ATLANTAâLocally-based Cortland Partners has reached an agreement with Canadaâs Pure Multi-Family REIT to acquire it in an all-cash transaction of $1.2 billion, including net debt. Cortland Partners is a global, multifamily real estate investment firm that leverages proprietary design and build supply chains with in-house construction, property, and ⦠About Cortland Partners, LLC Cortland is a product-to-people, multi-family real estate investment, development, and management company headquartered in Atlanta. The transaction is expected to close by the fourth quarter this year. Smith later patents a signature fly line. What is Ownership? 1915 - Cortland Line Co. opens as a silk fishing line shop run by Ray Smith. Atlanta-based Cortland Partners is the new management company for three senior living communities previously owned and managed by Destinations Living. 2018 Cortland Fibron divested from Cortland / Actuant following acquisition by Rubicon Partners. More. Cortland has been named the #1 brand on Reputation.comâs 2020 Property Management Reputation Report, an in-depth analysis of the online reputation of more than 70,000 multifamily residential properties in the United States. Cortland Named the Top Brand Performer by Reputation.com. 1940 - Leon Chandler starts his 51-year career with Cortland Line Co. moving from accounting to eventually becoming vice president. The ownership of Destinations Living â a collection of eight gated-communities throughout the Las Vegas valley â sold seven of its properties in late October, according to the Clark County Recorderâs office. Website enhancements and to inform business decisions product-to-people, multi-family real estate investment, development, and management headquartered! Becoming vice president buy a Canadian apartment company for three senior living communities previously owned and managed Destinations! 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