GREENVILLE — A Texas-based actual property funding firm made its first mark in South Carolina in the beginning of this yr, opening an workplace in downtown Greenville’s Camperdown growth.
New Western expanded into the Upstate and is “at present shopping for, promoting properties and networking with the group,” common supervisor of the Greenville workplace Tim Malley mentioned.
The corporate buys distressed residential properties then re-sells to native rehabbers with the intention they’ll transform and convey it to market. Whereas based mostly in downtown Greenville, New Western will work inside a couple of two-hour radius of Greenville.
With the transfer into the Palmetto State, the corporate now has 41 workplace in 17 states.
“South Carolina is a strategic transfer for us,” co-founder and president of New Western Kurt Carlton mentioned in an announcement.
Malley has been with the corporate since 2018. In his function, he works with acquisition and gross sales brokers and is hiring his crew.
The workplace is situated in Falls Tower within the Camperdown growth. Malley mentioned they at present have 4 staff and are hiring “any actual property skilled” no matter expertise, so long as the individual is licensed.
New Western joins different companies, like accountant agency Elliot Davis and Financial institution of America, as tenants within the 150,000 sq. toes of workplace house in Camperdown.
Comply with Stephanie Mirah on Twitter @stephaniemirah