CHICAGO, March 3, 2015 /PRNewswire/ -- South Street Capital, a Chicago based real estate firm, announced that it is changing its name to R2 Companies effective today. The company will continue to be led by Managing Principal Matt Garrison.
The name R2 is loosely based on the coefficient of determination, a mathematical formula for determining how well data fits a statistical model, as well as a personal reference to Garrison's daughters."
"We have grown to a national owner and operator of multiple asset types with a fully integrated, end-to-end operations platform and expansive network of relationships in many markets" said Mr. Garrison. "Our new name and brand reflects our data driven approach to investment, as well as our growth and aspirations for the future."
R2 currently owns and operates +1.5M square feet of commercial real estate in Chicago and Minneapolis and also operates a discretionary mid-market yield fund, R2 Yield Plus. The R2 team is a group of knowledgeable and motivated principals with experience in acquisitions, capital markets, development, leasing, asset, property and construction management. This array of core competencies allows R2 to directly control the success variables in any given investment.
For additional information on R2 Companies, please contact 312-374-6846 or [email protected]
SOURCE R2 Companies