logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Mwest Holdings Acquires Newly Constructed Class-A Long Beach Apartment Community

Feb 24, 2022•almost 4 years ago

Acquiring Company

MWest Holdings

Acquired Company

Class-A Long Beach Apartment Community

Sustainability

Description

MWest Holdings, a Los Angeles-based real estate company with over 2 million square feet of residential and commercial property across the U.S., announced today that it has acquired 442 Residences, a five-story, 94-unit multifamily asset in Downtown Long Beach.

Company Information

Company

MWest Holdings

About

MWest Holdings is an experienced real estate company with over 2 million square feet of residential and commercial property across the United States. Founded in 1991, MWest is known for creating innovative development solutions that instill a sense of neighborhood and integrity and create a lasting, tangible value. As a highly successful and stable owner of real estate, MWest has continually employed sound business practices, low leverage, and stringent underwriting guidelines for each investment opportunity. The company's success is anchored in a philosophy that imagination is the only limiting factor to growth. MEDIA CONTACT: Kyle Kokkales, 818.501.5600, marketing@mwestholdings.com SOURCE MWest Holdings

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