logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Mill Creek Announces Acquisition Of Modera Art Park

Jul 12, 2023•over 2 years ago

Acquiring Company

Mill Creek Residential

Acquired Company

Modera Art Park

Boca RatonReal Estate

Description

Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced the acquisition of Modera Art Park, a contemporary apartment community in Denver's arts-infused River North (RiNo) neighborhood.

Company Information

Company

Mill Creek Residential

Location

Boca Raton, Florida, United States

About

Mill Creek Residential develops, builds, acquires and operates high-quality rental communities in desirable locations coast-to-coast, including in Seattle, Portland, the San Francisco Bay area, Southern California, Arizona, Denver, Dallas, Austin, Houston, South Florida, Tampa, Orlando, Nashville, Atlanta, the Carolinas, Washington, D.C., New Jersey, New York, and Boston. While we are a national company, we immerse ourselves in our local chosen markets to proactively pursue investment opportunities through our seasoned team of real estate professionals. We use our deep understanding of each market and a fresh, innovative approach to the rental home industry to create places where people thrive – and build real and enduring value for our investors, residents and associates.

Related People

Sign in to view contact details

M&A Insights

Based on deal data
Integration 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