What is now CORE Partners was actually three separate real-estate/construction companies last summer. Today they are setting the stage to become a more dynamic, full-service real-estate firm based out of downtown Birmingham.
"These were three companies that functioned in different silos of the real-estate industry," says Bob Waun, vice president of business development for
CORE Partners and recent addition to its team.
CORE Partners functioned as a commercial brokerage before the merger with
Burton-Katzman (a construction firm) and ReAlta (a real-estate development firm based in New York City). The new combined company, which employs 85 people and plans to add 3-5 summer interns, has spent the last six months combining and streamlining its operations.
"The growth phase is what happens next," Waun says. "The market can now see that we are a full-service real-estate brokerage firm."
CORE Partners plans to spend the rest of this year acquiring new projects, such as helping reposition bank-owned properties back on the market. It will also continue to evaluate its own portfolio to see what it should keep and what it should sell.
Source: Bob Waun, vice president of business development for CORE Partners
Writer: Jon Zemke
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