MFA Capital Advisors Announces the Sale of Boston-based Bushari Real Estate to Compass
Our affiliate, MFA Capital Advisors, is pleased to announce that it advised Bushari Real Estate in its strategic sale to Compass, a real estate technology firm. Terms of the transaction were not disclosed.
Bushari Real Estate, founded in 2008, is an independent, family-owned real estate brokerage firm. With a focus on the sale of luxury property, the Boston-based company saw steady growth in recent years and was named to Inc. 5000’s list of fastest growing private companies in 2017.
“The MFA team took the time to understand what was important to us – finding a new home for our agents where they would be not only comfortable, but embraced, and where they would be afforded long-term growth prospects,” said Mara Bushari, co-founder of Bushari Real Estate. “Beyond advising on the value of our business and leading our firm through the acquisition process, we were fortunate to benefit from MFA’s wealth of knowledge on tax strategy, financial planning and more. Their sound advice and guidance was vital to fueling our ultimate decision, and we look forward to seeing our business thrive under Compass’ innovative direction.”
MFA Partner Bill Duratti added: “The Boston real estate market has been transformed in recent years thanks to the pioneering work of companies like Bushari Real Estate that leverage modern marketing and innovative technology to attract buyers. In Compass, Bushari has found a like-minded operation to continue spear-heading their efforts to revolutionize the real estate market in Greater Boston. We’re pleased we were able to advise the Bushari team on this exciting endeavor.”
About MFA Capital Advisors
MFA Capital Advisors, LLC is an M&A advisory services firm that encompasses a full range of corporate finance matters including, but not limited to, mergers and acquisitions, reorganizations, recapitalizations, stock repurchases, bank financing, strategic alternatives and general corporate advisory on related matters.
Material discussed in this communication is meant to provide general information and should not be acted on without obtaining professional advice tailored to you or your company’s individual and specific needs. Any tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used by any person or entity, for the purpose of (i) avoiding penalties that may be imposed on any taxpayer or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein. This information is for general guidance only and is not a substitute for professional advice.
The information contained herein should not be construed as personalized investment advice. Investment in securities involves the risk of loss, and past performance is no guarantee of future results. There is no guarantee that the views and opinions expressed in this document will come to pass. Historical performance results for investment indexes and/or categories generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment-management fee, the incurrence of which would have the effect of decreasing historical performance results. There can be no assurances that your portfolio will match or outperform any particular benchmark.
Information presented was obtained from sources deemed qualified and reliable; however, MFA makes no representations as to accuracy, completeness, suitability, or validity of any information within this communication and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Any forward-looking statements are believed to be reasonable; however, MFA gives no assurance that such expectations will prove to be correct.