Concord Pacific and HB Management to invest in HQ Capital Real Estate.

Concord Pacific, a private enterprise with investments and operations in real estate development, green energy, telecommunications, information technology, hospitality, and HB Management, a business and investment management entity of the Hewson and Breiner family offices, agreed to invest in HQ Capital Real Estate, a dedicated US real estate investment advisor. Financial terms were not disclosed. "HQ Capital Real Estate's stellar coast-to-coast track record and impeccable support from both Germany and New York management teams attracted us to this strategic alliance. HB Management has also been a great partner of ours in the United States since 2018. We are excited about another wonderful endeavor with HB with their expertise in the residential multifamily business. Our vision is to collaborate with HQ's well-established team and to explore new horizons in multiple markets," David Ju, Concord Pacific Vice President.