Cocke Finkelstein Completes Acquisition of Lane Companies
Transaction Creates New Affiliated Entity, CFLane, LLC. Cocke Finkelstein, Inc. (CFI) has completed the acquisition of the assets of Lane Company.
ATLANTA, GA (May 29, 2013) – Cocke Finkelstein, Inc. (CFI) has completed the acquisition of the assets of Lane Company, continuing its expansion as a leading full service investment firm and multifamily services provider. By combining CFI's management platform with Lane's, the newly created CFLane is one of the top 50 national multifamily property management providers, and will continue to engage primarily in multifamily acquisitions, development and property management.
CFLane will remain based in Atlanta, and employs approximately 800 people across the Southeast, Midwest and Texas, with 30,000 units under management.
"Our team has decades of experience, a compelling track record of acquiring and managing a variety of properties, and a versatility that applies to all asset classes," said CFLane President Dan Haefner. "The synergies this acquisition brings relative to expanded service offerings to our partners and clients is truly exciting."
CFLane's management includes top executives from both CFI and Lane Management. CFI co-founders Byron Cocke and Brett Finkelstein are the Co-CEOs. Lane Management founder George Lane chairs the board. Bill Barkwell is the Chief Financial Officer and Ken Miller is Chief Technology Officer. The transaction, initially announced in March, closed April 23, 2013. For more information, visit www.CFLane.com.
About Cocke Finkelstein
Cocke Finkelstein, Inc. (www.cockefinkelstein.com) is a privately held Atlanta, Georgia based real estate and investment management firm. Since inception, CFI has evolved into a full-service real estate investment, multifamily property management, asset management and consulting firm, providing services to owners, investors and financial institutions throughout the country. Affiliated entities provide vertically integrated services including property management operations, general contracting, due diligence, property inspections, information technology, human resources and accounting.
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