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Acquiring Company
PXV Multifamily
Acquired Company
Village on the Green
MiamiAtlantaReal EstateHospitalityReal EstateHospitalityDescription
PXV Multifamily has completed its first acquisition by purchasing the 216-unit Village on the Green property in Atlanta for $29.5 million. The Miami-based firm plans to rebrand the property as The Grove at Ben Hill and will focus on renovations and improving management. This acquisition marks the beginning of PXV's strategy to build a national portfolio of multifamily properties.
Related People
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed