Domain Capital Group announced it has closed on the acquisition of Denver-based Simpson Property Group from The State of Michigan Retirement Systems (SMRS). Simpson is a fully integrated real estate firm providing services in commercial and multifamily property management, development and construction.
Domain’s relationship with Simpson spans more than three decades. Senior executives at Domain first began advising Simpson more than 30 years ago during their time at PwC. Since 2008, Domain has served as investment adviser, overseeing Simpson’s operations and investment strategy on behalf of SMRS. Through this long-standing partnership, Domain has worked closely with Simpson’s executive leadership to support portfolio growth, capital allocation and operational performance across its multifamily platform.
With the acquisition, Domain expands its role from adviser to owner, positioning the firm to further institutionalize and scale Simpson’s vertically integrated
