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Carousel Motor Group acquires Hudson Ford

Carousel Motor Group, a group of dealerships with a distinctive portfolio of automotive names, announced today that it has acquired Hudson Ford, the number one selling Ford dealership in Wisconsin for the last 5 years.

The acquisition of the Hudson Ford dealership, located at 2020 Crest View Drive, Hudson, WI, near I-94 and Carmichael Road, marks Carousel Motor Group’s first Ford dealership in its portfolio and entry into the Wisconsin market.

“We are not only privileged to represent the Ford Brand, but to continue building on Hudson Ford’s exceptional reputation in the community – – this is a true testament to the highly talented team who have built such a great culture. This acquisition is a natural fit within our portfolio of reputable brands and reinforces our plan for continued strategic growth and value creation. We truly appreciate Mark Swelland, CEO & President of Hudson Ford, his business partner Gary Embretson and Jonathan Nissly, COO and GM, for both their leadership in making this such a fantastic dealership and for entrusting us with its future,” said Chase Hawkins, Carousel Motor Group’s CEO and President.

“Carousel Motor Group mirrors the values of Hudson Ford. They really care about their employees and customers, and we are excited to have them guide this organization to the next level,” said Mark Swelland, CEO & President of Hudson Ford.

Hudson Ford sells both new and pre-owned vehicles in a recently remodeled facility. The dealership also includes an Abra full-service collision center, that is aluminum certified, and an on-site detail center, servicing drivers throughout St. Croix County and eastern Minnesota.

Ford has the highest loyalty ranking among truck brands, according to J.D. Powers, and for the second time in a row, Ford is ranked the top automotive brand in the World Benchmarking Alliances 2022 Corporate Human Rights – – making it one of the most valuable global brands.

The acquisition of Hudson Ford brings the total number of new vehicle franchised Dealerships owned and operated by Carousel Motor Group to nine, along with Carousel Online, a direct-to-consumer pre-owned automotive ecommerce site.

January 5, 2023

Jim, Bob and Bill Pohlad selected as Twin Cities Business magazine’s 2022 People of the Year

Bob, Bill, and Jim Pohlad will be honored for their commitments to alleviate poverty, bolster racial justice, and rejuvenate downtown Minneapolis.

By TCB Staff

September 21, 2022

Twin Cities Business has named Bob Pohlad, Bill Pohlad, and Jim Pohlad as People of the Year for 2022.

The brothers, who lead the Pohlad Cos., have bet big on the future of downtown Minneapolis. The firm moved several of its businesses to the new landmark 37-story RBC Gateway tower, which was built by Pohlad subsidiary United Properties. The family was also instrumental in bringing the Four Seasons hotel to downtown Minneapolis. The five-star hotel—a first for Minneapolis—was developed by United Properties.

Collaborative in their leadership, the brothers divide primary responsibilities within the company started by their father Carl in the 1950s. Bob oversees Carousel Motor Group, PaR Systems, and Northmarq. Jim is executive chairman of the Minnesota Twins and also oversees Pohlad Investment Management and United Properties. Bill, an acclaimed film director and producer, serves as president of the Pohlad Family Foundation.

Continue reading here.

January 4, 2023

Northmarq completes Stan Johnson Company acquisition

The merger provides clients with increased opportunities within all domestic commercial real estate markets

MINNEAPOLIS, MINN. (October 17, 2022) – Northmarq, a leader in commercial real estate capital markets, announced today the completion of its acquisition of Stan Johnson Company (SJC), a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition also includes the purchase of Four Pillars Capital Markets (FPCM), a debt/equity intermediary for commercial real estate assets.

With the addition of SJC and FPCM to its existing multifamily sales platform, Northmarq will now offer services across all major property types, including office, healthcare, industrial, retail, self-storage, multifamily and more.

The acquisition of these two firms means Northmarq will now have nearly 1,000 professionals across its investment sales, debt/equity financing, loan servicing and fund management operations. The expanded company transacts $23 billion in debt/equity volume and $15 billion in investment sales volume annually, and services a commercial loan portfolio in excess of $76 billion.

“The closing of this transaction ushers in a new era for our clients and employees,” said Jeffrey Weidell, chief executive officer at Northmarq. “We’re incredibly pleased with the growth our company has experienced since entering the investment sales space in 2018 and we look forward to continuing that momentum in the years to come.”

Stan Johnson Company was established in 1985 by its namesake founder and has grown to become the #1 middle market net lease investment sales brand and a top 10 U.S. middle market firm. The company has experienced significant growth leading to an approximately 600 percent increase in revenue since 2005.

“Our valued clients have been a singular focus since day one, and they have propelled our growth and diversification during these past few years,” said Stan Johnson, SJC founder. “As we join Northmarq, our clients will continue to receive the same level of superior service they’ve come to expect, while also benefiting from an expanded geographic reach and enhanced service offerings.”

In recent years, SJC acquired Shane Investment Property Group to help support a growing multi-tenant retail focus, successfully entered the self-storage sector and launched FPCM, which secured approximately $500 million in loan volume during its first year. FPCM is a key component of the acquisition given its alignment with Northmarq’s established debt/equity financing team. Houlihan Lokey (NYSE: HLI) served SJC as its exclusive financial advisor, with Bass, Berry & Sims PLC providing legal advisory services.

“This transaction brings together our shared vision and values in a way that helps us better serve our clients’ needs,” said Travis Krueger, chief operating officer at Northmarq.

Northmarq, purchased by the Pohlad Companies in 1999, has grown steadily through a series of acquisitions. From its roots as a life company correspondent, Northmarq has added its complete agency and HUD business, new fund management and investment sales coast-to-coast.

Northmarq’s expansion into investment sales began in 2018 with just a handful of offices focused on multifamily properties. Leading up to the SJC acquisition, Northmarq had grown to 22 investment sales offices in 13 states, with plans to continue expanding this service into every market where it offers debt, equity and loan servicing.

About Northmarq
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes. More information on Stan Johnson Company and Four Pillars Capital Markets may be found on their websites.

October 24, 2022

Jim, Bob and Bill Pohlad selected as Twin Cities Business magazine’s 2022 People of the Year

Bob, Bill, and Jim Pohlad will be honored for their commitments to alleviate poverty, bolster racial justice, and rejuvenate downtown Minneapolis.

By TCB Staff

September 21, 2022

Twin Cities Business has named Bob Pohlad, Bill Pohlad, and Jim Pohlad as People of the Year for 2022.

Continue reading here.

September 21, 2022 | Link

Northmarq to acquire national investment sales firm

Acquisition of Stan Johnson Company will establish Northmarq as full-service sales brokerage and capital markets platform

blue northmarq logo

MINNEAPOLIS, MINNESOTA (August 31, 2022) – Northmarq, a leading commercial real estate capital markets platform, announced today it has entered into a definitive agreement to purchase Stan Johnson Company, a real estate brokerage and advisory firm that focuses on investment sales across multiple asset classes. The acquisition will also include affiliate debt services company, Four Pillars Capital Markets.

“This is an important milestone for our growing platform, as our company now has investment sales professionals across the country that can service investors across all major asset classes,” said Jeffrey Weidell, chief executive officer – Northmarq. “Adding this talented group of real estate professionals further establishes Northmarq as a full-service investment sales and capital markets platform.”

With the acquisition, Northmarq will have nearly 1,000 professionals across its investment sales, debt/equity financing, loan servicing, and fund management operations.

Founded in 1985, Stan Johnson Company has expanded from its roots in the Midwest to a full-service investment sales company, specializing in net lease investment sales and other areas including multi-tenant retail, office, industrial, self-storage and healthcare sales, as well as other specialty products and service lines. The firm has more than 100 brokerage professionals across 16 offices in 10 states—Oklahoma, Arizona, California, Colorado, Georgia, Illinois, New York, Ohio, Oregon, and Texas. Houlihan Lokey (NYSE: HLI) served the company as its exclusive financial advisor.

In its four decades of service, Stan Johnson Company has closed nearly 7,500 transactions exceeding $45 billion in sales volume.

“Our vision has been to build a very special, diversified real estate company with a singular focus on providing the highest level of service to our valued clients. Our professionals will be able to offer our clients greater investment opportunities, advice and product offerings by leveraging the size, scale and established expertise of the Northmarq brand,” said Stan Johnson, founder and chief executive of Stan Johnson Company. “In addition, we know that under this leadership team, our firm’s culture of service and collaboration will continue.”

“The addition of the Stan Johnson Company team will provide Northmarq the opportunity to offer our clients enhanced services related to retail, industrial, office and corporate solutions,” said Trevor Koskovich, president of investment sales – Northmarq. “We look forward to seeing the positive results of this strategic combination.”

Since the Pohlad Family purchased the company in 1999, Northmarq has grown steadily through a series of acquisitions. In early 2000, the company added 25 offices and 200 employees and has continued to expand through frequent acquisitions of both regional teams and national companies.

The integration of Stan Johnson Company’s brokerage services into Northmarq is the culmination of the company’s successful foray into investment sales, which began in 2018 with just six offices focused on multifamily properties. Prior to the Stan Johnson Company acquisition, Northmarq grew to 22 investment sales offices in 13 states, with plans to continue expanding this service into every market where it offers debt, equity, and loan servicing.

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About Northmarq

As a capital markets leader, Northmarq offers commercial real estate investors access to experts in debt, equity, investment sales and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $33 billion, loan servicing portfolio of more than $76 billion and the multi-year tenure of our more than 700 people. To learn more about Northmarq, please visit: www.northmarq.com.

About Stan Johnson Company

Stan Johnson Company is one of the nation’s leading commercial real estate brokerage and advisory firms that focuses on investment sales transactions involving retail, office, industrial, healthcare, and specialty properties. The firm and its affiliates provide acquisition, disposition, sale leaseback, capital markets, and advisory services for institutions, developers, investment funds, corporate occupiers, and private investors across the United States. With a historic focus in the single-tenant net lease sector, Stan Johnson Company is now in its fourth decade of operation and has expanded its service platform in order to better serve its valued clients. The firm has completed more than $45 billion in transactions nationwide and continues to be regarded as the Net Lease Authority® as it focuses on continued growth and expansion into other industry sectors and services. To learn more about Stan Johnson Company, please visit: www.stanjohnsonco.com.

September 2, 2022

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