Mno-Bmadsen and Cressy Commercial Real Estate Announce Merger
April 05, 2023
MISHAWAKA, IN. – The principals of Mishawaka-based Cressy Commercial Real Estate are pleased to announce the completion of a merger with Mno-Bmadsen, the nongaming investment arm of the Pokagon Band of Potawatomi.
The merger will enable Cressy to expand into new markets and implement their strategic goals while continuing to provide world-class service to past and future clients. Mno-Bmadsen will benefit from additional resources to manage the real estate needs of its growing portfolio of investments. The merger will also expand the broad array of Mno-Bmadsen commercial real estate investments in alignment with the pursuit of asset diversification to support the Pokagon Band of Potawatomi for future generations.
“We are thrilled to deepen our partnership with Mno-Bmadsen. The long-term growth strategies of the company will be greatly accelerated and further strengthened via alignment with the Mno-Bmadsen family of companies,” said George Cressy Jr., Chairman of the Board. “We have been partners with Mno for years in various endeavors, and we believe our core values and service-based ideologies are in alignment and will create a very dynamic partnership for generations to come,” said Cressy.
Julio Martinez, CEO of Mno-Bmadsen, has assisted the Pokagon Band in developing a diverse portfolio of companies operating within the construction services, manufacturing, architecture, and engineering industries. “We are excited to add Cressy Commercial Real Estate to our family of portfolio companies. We have long believed that commercial real estate is a natural growth sector for our portfolio, and with Cressy as a partner will have confidence this will be a catalyst for significant growth,” said Martinez.
Chris Fielding, the current CEO of Cressy, will continue to serve the company in his capacity, and the current partners in the company will continue to serve the community as they have for decades. Cressy is currently undertaking the renovation of the former Mishawaka Police Department, which will serve as the corporate headquarters for all divisions of the company.
About Cressy Commercial Real Estate
Cressy is a long-respected name in the real estate and development industry, with deep roots in the region for 75 years spanning three generations. To best serve our clients, Cressy has developed a continuum of services that encompasses site selection, general contracting, brokerage, development, property management, and maintenance inclusive of licensed plumbing and HVAC teams that also run parallel to a construction company. Cressy has been a family-owned and operated company since its inception in 1948. Cressy currently has offices in Indianapolis, South Bend, and Mishawaka and provides services in Southwest Michigan and Central and Northern Indiana. To learn more about Cressy Commercial Real Estate, please visit our website at www.Cressy.com.
The Mno-Bmadsen Family of Companies provides architecture, engineering, land-use planning, environmental mitigation and restoration services, construction, mechanical contracting, and plastic molding to the commercial, government, and tribal markets. Since the Pokagon Band was created, the Tribe has embraced a network of self-sustaining trade and self-reliance within its community. Mno-Bmadsen is the next step in sustaining our Tribe through mergers, acquisitions, and investments that will allow us to continue to thrive in the centuries to come. Our Mission is to advance the long-term economic self-sufficiency of our Band by acquiring existing and well-managed companies that are generating profits and have prospects for long-term viability. We buy, hold, and grow the Mno-Bmadsen Family of Companies. Inclusive within the Mno family of companies are Seven Generations Architecture + Engineering, WBK Engineering, The Steelhead Engineering Company, and DA Dodd Mechanical Contractors. To learn more about Mno-Bmadsen and the Pokagon Band, please visit our website at https://mno-bmadsen.com/.