Fireside Financial invests deeper into local real estate market
The Intelligencer
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EDWARDSVILLE Fireside Financial announced the Dec. 15 purchase of a scattered site of mixed asset portfolios comprised of multi-family and commercial assets, in Edwardsville and Glen Carbon.
Fireside plans for the portfolio to include renovations of the multi-family and redevelopment of commercial assets for higher and better use.
This portfolio joins the existing Fireside assets, Whispering Heights, Enclave Student Housing and multiple office buildings. Fireside Financial feels that this acquisition combined with the current holdings, is transformative for the company and cities of Edwardsville and Glen Carbon, while strengthening the commitment to the Metro East market of St. Louis.