Dallas-based Evergreen Residential, a real estate investment, and operating platform has secured roughly $1 billion in capital commitments from investors to expand its equity, lending, and property management businesses.
“Over the last three years, we have distinguished Evergreen as an institutional investor and operator of real estate assets that seeks to generate value for our clients and create an exceptional experience for our residents,” Evergreen Founder and CEO Joseph Negri said. “We believe the strong support we have received to date from world-class investors is a testament to what we have built.”
The company was founded in 2021 and offers investors access to real estate investment opportunities and solutions through equity, lending, and property management. Comprised of veterans who build and manage residential investment platforms, Evergreen’s senior team works to create and optimize portfolios for specific objectives while offering third-party property management services through Evergreen Live.
“In our view, the U.S. residential asset class is highly fragmented and primed for further institutionalization,” Negri said. “The shortage of available housing units relative to the number of families needing homes nationwide is estimated to be in the millions, creating strong tailwinds for our growth. The Evergreen team is well positioned to leverage our significant experience in single-family residential strategies—including build-to-rent—to address these housing needs while seeking to create value for all stakeholders—investors, residents, employees, and the communities we serve.”
T.D. Jakes Enterprises Acquires Castiron, Launches E-Commerce Platform Nourysh
Social impact holding company T.D. Jakes Enterprises has acquired Castiron, an e-commerce technology startup, marking a significant move into the technology sector. In turn, the acquisition will allow T.D. Jakes to launch Nourysh, an innovative all-in-one e-commerce platform to empower underrepresented and under-resourced entrepreneurs nationwide.
“Small businesses make America grow,” T.D. Jakes said. “We know all too well that building your own business is difficult. To help simplify this for many small and underrepresented entrepreneurs across the country, we have created an all-in-one e-commerce platform to help small businesses across the country scale up and create the access needed to their products, further helping nourish the dreams of entrepreneurship.”
With the acquisition, Castiron’s technology will allow Nourysh to offer previously unattainable features to many small businesses due to cost or difficulty, creating a more inclusive marketplace online. The Nourysh platform, powered by the Good Soil Movement, gives entrepreneurs AI-powered analytics and personalized marketing tools, inventory management, customer relationship management, and more.
“In today’s digital era, providing accessible technology solutions is crucial for equitable economic growth,” T.D. Jakes Enterprises COO Michael Phillips said. “Our mission with the Good Soil Movement is to empower one million businesses to reach at least $1 million in revenue on their entrepreneurial journey. By spearheading the acquisition and launching Nourysh, we’re not just offering a platform—we’re positioning TDJE at the forefront of tech innovation to empower entrepreneurs nationwide.
PR Agency Baker and Bonner Form Alliance with North Carolina-based FWV
Baker and Bonner Creative Emporium has allied with FWV, one of the largest independent PR, advertising, and digital media agencies in the U.S. Between the two agencies; the move marks a marketing services partnership that contains some of the largest brands in the Western lifestyle industry.
“Our connection with FWV gives us an even bigger foothold to work with brands that want to operate memorably in the Western landscape,” Baker and Bonner Co-founder and Chief Creative Officer Rob Baker said. “We’ve built great relationships with terrific people in these communities, which goes a long way in creating the kind of work that gets people stirred up and excited to talk about. That becomes a big advantage for brands looking to make an impact with their audience.”
Headquartered in Dallas and founded in 2021, Baker and Bonner was launched by Baker and Jimmy Bonner after a 24-year partnership. Together, the two have worked on campaigns for PGA Tour Superstore, Jeep, Home Depot, Spalding, Biltmore, Pegasus Bank, and Four Sixes Ranch.
“Any brands operating in the Western industry space should be excited about this partnership,” FWV President David Gwyn said. “There is no substitute for the credibility and consumer understanding acquired over 30 years of immersion in the culture of the American West, and with the added horsepower of Baker & Bonner, we’ve taken it to the next level.”
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