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US appraisal management company for residential and commercial real estate, acquired by Arcapita in 2022.
Formed in 2008 and headquartered in the US, Nationwide Property and Appraisal Services, LLC provides appraisal management for residential and commercial real estate, including compliance services and the ability to pull 4506-T forms from the IRS through an online interface. Its clients include banks, credit unions, lenders, lawyers and government agencies. Arcapita acquired a majority stake for USD 157.5 mn from Corridor Capital and Southfield Capital, completed on 2022-02-01. CEO Sri Velamati leads the company, which has completed 2 deals.
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