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Monument Capital Management Announces $30.250 Million Acquisition Of Rental Apartment Community In West St. Paul, Minnesota

Oct 01, 2021•about 4 years ago

Acquiring Company

Monument Capital Management

Acquired Company

Rental Apartment Community

Financial ServicesOther

Description

Monument Capital Management, an A-Rod CORP company and one of the country's premier fully integrated real estate investment firms, announced the $30.250 million acquisition of Eagle Point Apartments, a 216-unit multifamily community located at 2044 Oakdale Avenue, West St. Paul, Minnesota.

Company Information

Company

Monument Capital Management

About

Monument Capital Management (MCM), an A-Rod CORP company, is one of the country's premier fully integrated real estate investment firms. Specifically targeting markets with a strong demand for workforce housing, MCM has acquired over or more than $900 million of real estate assets across 14 states through opportunity funds and joint ventures. The organization strategically identifies assets in markets with attractive demographics at a deal size where competition is limited, and its seasoned team can immediately leverage its operational expertise. The firm has excelled at its mission of investing in real estate assets where it can add value and deliver superior, risk adjusted returns, while protecting capital and mitigating downside risks. CONTACT: Israel Kreps / ikreps@krepspr.com 786.374.3434Kreps PR & Marketing SOURCE Monument Capital Management

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