The Collingwood Group
, a Washington, D.C.-based advisory firm focused on housing policy and regulation, has been acquired by Situs
, a Houston-headquartered global provider of strategic
business and technology solutions to the real estate finance industry.
In a statement issued by the companies, Situs viewed the acquisition as a means to obtain “regulatory policy experience and insight across the residential housing and multifamily finance industry.” The terms of the acquisition were not disclosed, and it appears that The Collingwood Group’s leadership will remain intact.
“Collingwood is a thought leader in the housing industry, and we are excited to have them join the Situs team,” said Steve Powel, CEO of Situs. “This acquisition expands our professional service offering beyond the commercial real estate sector, providing residential housing expertise and advice to manage complex credit risks and address continuing regulatory challenges. Further, the Collingwood team provides a presence in Washington, D.C., to better serve our existing GSE’s relationships.”