Real Estate M&A Transactions

BGL Opens New, Expanded New York Office to Support Continued Growth

Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, has relocated its New York office to 777 Third Avenue.

The new Midtown Manhattan location is reflective of BGL’s growth and expanding presence in one of the financial services industry’s largest hubs.

Effram Kaplan and Andrew Petryk, Co-Chief Executive Officers for BGL, stated, “Continued growth across BGL’s sector and product offerings has made the New York office an increasingly important base for the firm. We can more effectively deliver cross-sector and product collaboration to the corporate and institutional capital markets.”

The relocation follows a period of significant growth for BGL. Since 2023, the firm has increased its sector coverage via senior banker additions across all its verticals and broadened its product capabilities beyond traditional majority buyout to more expansive capital markets capabilities, including debt and non-control equity advisory.

Learn more about BGL’s investment banking capabilities and our sector expertise here.

Anthony Delfre quoted in “Downtown Cleveland’s office buildings feel a big finance squeeze,” Crain’s Cleveland Business

BGL Managing Director Anthony Delfre, who leads the firm’s Real Estate Advisors team, is quoted in an article published by Crain’s Cleveland Business entitled, “Downtown Cleveland’s office buildings feel a big finance squeeze.”

In the article, Anthony discusses the state of the Northeast Ohio office market and the factors shaping its growth, noting that outcomes will largely be dictated by the financing sponsors have in place as their loans mature.

To read the complete article, visit the Crain’s Cleveland Business website (subscription required).

The 2026 Americas Lodging Investment Summit

The 2026 Americas Lodging Investment Summit (ALIS) is the world’s largest hotel investment conference, attracting the lodging industry’s leading hotel executives, real estate investment advisors, lenders, and developers.

BGL Managing Director Anthony Delfre will be attending the conference and available to provide valuable insights on the opportunities in the hospitality industry.

BGL’s Real Estate Advisors team offers services tailored to the middle market, including real estate advisory, debt, preferred and private equity placement, financial restructuring, recapitalizations, sale/leasebacks, structured finance, and asset acquisitions and dispositions across all asset classes.

BGL Advises DiGeronimo Companies

DiGeronimo Companies at Valor Acres Class A Office Development in Brecksville has obtained financing by Civista Bank and Westfield Bank.

Client Description:

DiGeronimo Companies is a leading developer, capital provider, and construction management firm headquartered in Brecksville, Ohio. For 70 years, DiGeronimo Companies has combined integrity with unparalleled company principles and a diverse portfolio of services to be the integrated partner for all project needs. DiGeronimo Companies are a full-scope developer with projects in retail, industrial, student housing, and mixed-use developments. Their development capabilities evolved from their roots in site work, which expanded into demolition, environmental remediation, construction, and finally, to full-scale development.

BGL Real Estate Advisors Completes the Development Financing for the Office Building at Valor Acres

Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the financial closing of the new, five-story Class A office building at the Valor Acres mixed-use development in Brecksville, Ohio. Civista Bank & Westfield Bank provided development financing. BGL’s Real Estate Advisors team served as the exclusive financial advisor to the DiGeronimo Companies in this transaction.

The DiGeronimo Companies pre-leased approximately 50% of the building to an institutional tenant prior to completion, highlighting early leasing momentum and tenant demand within the Valor Acres development.

Valor Acres is a premier mixed-use development that resides in the heart of Northeast Ohio capable of accommodating a corporate campus, mixed-use residential, hospitality, and retail. Valor Acres is on the former site of the U.S. Department of Veterans Affairs Brecksville Hospital and conveniently located off I-77 in Brecksville, Ohio providing a new development opportunity between Cleveland and Akron.

Valor Acres is home to the newly opened 600,000 square-foot Sherwin-Williams Research and Development facility that brings chemists, engineers, technicians and support teams together into a state-of-the-art hub for innovation and development of future products and services. The DiGeronimo Companies have also relocated their corporate headquarters to Valor Acres.

This closing announcement of the office building concludes BGL’s involvement in capital structuring for the existing phases at Valor Acres that have spanned over six years across various phases. DiGeronimo Companies closed on Phase I of Valor Acres in December 2021, which included the development of a multi-family building as well as for rent townhomes, totaling 168 units. In addition, they closed on Phase II, which included 25 for-sale homes, a memorial park, and clubhouse in June 2023.

Lastly, in December of 2024, the DiGeronimo Companies closed on the mixed-use phase of Valor Acres, which included 221 luxury apartment units with best-in-class amenities, 70,000 square feet of retail and entertainment space, an onsite safety station, a 700-space parking garage, and The Post, an open-air bar concept with indoor and covered areas that can accommodate 100+ guests, as well as an outdoor area designed to host approximately 500 guests, making it an ideal venue for both casual gatherings and larger events.

BGL’s Real Estate Advisors team served as the exclusive financial advisor on the capital structuring for the afore mentioned phases, which included development financing from Huntington National Bank, Fifth Third Bank, First Commonwealth Bank, Civista Bank, and Westfield Bank. In addition to bank financing, there were various forms of public financing, as well as an equity raise that included The OHIO Fund, family office investors, and high net worth investors.

BGL’s Real Estate Advisors Group offers comprehensive real estate investment banking services tailored to the middle market. It provides client-focused solutions with an emphasis on real estate advisory, debt, preferred and private equity placement, financial restructuring, recapitalizations, sale-leasebacks, structured finance, and asset acquisitions and dispositions across all asset classes. The team assists real estate owners and developers looking to form alliances and joint ventures with single-source capital providers to gain local and institutional access for all capital needs.

BGL Growth Conference 2026

BGL’s Growth Conference is the premier gathering for entrepreneurs, industry leaders, and private equity professionals designed to spark meaningful connections and create opportunities for future growth.

350+ PARTICIPANTS
Take advantage of several opportunities to meet and engage with other industry participants during the event

50+ COMPANIES
Hear dozens of high-quality middle market companies present overviews and growth strategies for their businesses

600+ 1×1 MEETINGS
Engage in two days of targeted meetings, facilitated by BGL, for presenters and prospective investors

NETWORKING OPPORTUNITIES
Take advantage of several opportunities to meet and engage with other industry participants during the event

For additional information or to request an invitation to our 2026 conference, please reach out to BGL’s Conference Team or complete the form below.

Please note: BGL’s Growth Conference program is structured around a keynote and a highly curated agenda. At this time, we are not accepting submissions for additional speaking opportunities, panels, or outside speakers.

BGL Advises Garden State Medical Center

Garden State Medical Center has been acquired by STORE Capital.

Client Description

Founded in 2004, GSMC is one of the largest physician-owned orthopedic and interventional pain practices in the Shore Region of New Jersey, with specialization in orthopedic & spine surgery, interventional pain management, sports & regenerative medicine, and rheumatology.

Anthony Delfre quoted in, “CRE Markets Factor In Possible Fed Shake-up as Powell’s Tenure Uncertain,” GlobeSt.com

BGL Managing Director Anthony Delfre, who leads the firm’s Real Estate Advisors team, is quoted in an article published by GlobeSt.com entitled, “CRE Markets Factor In Possible Fed Shake-up as Powell’s Tenure Uncertain.”

In the article, Anthony discussed the potential impacts of uncertainty with the Federal Reserve on dealmaking across the commercial real estate landscape.

To read the complete article, visit the GlobeSt.com website.

BGL Growth Conference 2025

350+ ATTENDEES
Take advantage of several opportunities to meet and engage with other industry participants during the event

40+ PRESENTING COMPANIES
Hear dozens of high-quality middle market companies present overviews and growth strategies for their businesses

500+ 1×1 MEETINGS
Engage in two days of targeted meetings, facilitated by BGL, for presenters and prospective investors

NETWORKING OPPORTUNITIES
Take advantage of several opportunities to meet and engage with other industry participants during the event

KEYNOTE SPEAKER
This year, BGL is pleased to welcome Peter Diamandis as our Keynote Speaker. Recently named by Fortune to its list of the “World’s 50 Greatest Leaders,” Dr. Diamandis is the Founder and Executive Chairman of the XPRIZE Foundation, which has launched $600 million in incentive prize competitions focused on solving humanity’s grand challenges. As an entrepreneur, he has started over 25 companies in the areas of health-tech, space, venture capital, and education. Dr. Diamandis is Co-Founder & Chairman of Fountain Life, a fully integrated platform delivering predictive, preventative, personalized, and data-driven health solutions. Diamandis is also a New York Times bestselling author of four books: Abundance, BOLD, The Future is Faster Than You Think, and most recently, LIFE FORCE, a #1 best seller co-authored with Tony Robbins.

Registration for BGL’s 2025 Growth Conference is now open. For additional information, please reach out to BGL’s Conference Team or complete the form below.