Predict your next investment

Corporation
sfc.jp

See what CB Insights has to offer

Investments

4

Partners & Customers

2

About Sumitomo Forestry

Sumitomo Forestry (TYO: 1911) is a housing materials and timber trader.

Sumitomo Forestry Headquarter Location

Keidanren Kaikan 3-2, Otemachi 1-chome, Chiyoda-ku

Tokyo, 100-8270,

Japan

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Sumitomo Forestry News

Crescent Communities Names Brian Natwick as Chief Executive Officer

Oct 4, 2021

Charlotte, UNITED STATES CHARLOTTE, N.C., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Crescent Communities today announces the promotion of Brian Natwick to Chief Executive Officer, effective immediately. Natwick, a 15-year veteran of the company, previously served as President and Chief Operating Officer. Natwick succeeds Todd Mansfield, who has served as Chairman and Chief Executive Officer since 2011. Mansfield will continue as Chairman through the end of the year and then will serve as an advisor to Sumitomo Forestry America, Inc. Mansfield led the successful recapitalization of the Company with Sumitomo Forestry in 2018. “I am honored to take on this new role during a very exciting time for Crescent Communities,” said Natwick. “In addition to our multifamily, commercial and construction businesses, the organization has strategically entered the single-family build-to-rent market, mid-market multifamily market and begun an investment management business and I look forward to working with our extraordinary leadership to grow these new initiatives.” Natwick joined Crescent Communities in 2006 and served as President of the company’s multifamily business from 2011 to 2020, when he was named to President and Chief Operating Officer. During his time leading the Multifamily business line, he championed the creation of the NOVEL multifamily brand and extended the footprint of Crescent Communities to western markets including Phoenix, Dallas, Houston, Denver, and Salt Lake City. The organization’s investment portfolio now covers 14 strategic sunbelt markets with nine offices across the US. “Brian has repeatedly demonstrated the skills and qualities necessary to be successful in this role,” said Mansfield. “His leadership, investment acumen, and commitment to company values make him the ideal person to lead our company into the next phase of growth.” “Brian will be a great leader for this new chapter,” said Atsushi Iwasaki, President of Sumitomo Forestry America, Inc. “His efforts to launch new business lines while continuing to drive growth for existing business areas are crucial to the continued success of Crescent and Sumitomo Forestry Group.” Active in the community and industry, Natwick serves on the board of the McColl School of Business at Queens University and Apartment Life and is an active member of Young Presidents’ Organization (YPO), Urban Land Institute, National Multi Housing Council, and National Association of Home Builders. In addition, Natwick served on the board of directors for Habitat for Humanity of Charlotte, and formerly served as board chair for the organization. He graduated with highest honors from the University of Florida and earned an MBA from the McColl School of Business at Queens University. Crescent Communities continues to experience significant growth with nearly $5.7 billion of multifamily and commercial investments and developments currently under construction, operations and planning including 13,000 units of multifamily, 260,000 square feet of complimentary retail and 8.0 million square feet of office, industrial and life-sciences. With a focus on sustainable development practices, the organization pursues USGBC LEED certification for commercial spaces and NGBS certification for multifamily residences. About Crescent Communities Crescent Communities is a nationally recognized, market-leading real estate investor, developer and operator of mixed-use communities. We create high-quality, differentiated residential and commercial communities in many of the fastest growing markets in the United States. Since 1963, our development portfolio has included more than 68 multifamily communities, 21 million square feet of commercial space and 60 single family master-planned communities. Crescent Communities has offices in Charlotte, DC, Atlanta, Orlando, Nashville, Dallas, Denver, Phoenix and Salt Lake City. Our multifamily communities are branded NOVEL by Crescent Communities. Media Contact

Sumitomo Forestry Investments

4 Investments

Sumitomo Forestry has made 4 investments. Their latest investment was in Mirairo as part of their Corporate Minority on February 2, 2021.

CBI Logo

Sumitomo Forestry Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/12/2021

Corporate Minority

Mirairo

$2.67M

Yes

1

12/25/2018

Corporate Minority - IV

Subscribe to see more

$99M

Subscribe to see more

10

4/10/2018

Series A

Subscribe to see more

$99M

Subscribe to see more

10

10/8/2015

Corporate Minority

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/12/2021

12/25/2018

4/10/2018

10/8/2015

Round

Corporate Minority

Corporate Minority - IV

Series A

Corporate Minority

Company

Mirairo

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$2.67M

$99M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

10

10

10

Sumitomo Forestry Acquisitions

3 Acquisitions

Sumitomo Forestry acquired 3 companies. Their latest acquisition was Scott Park Group on December 19, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/19/2019

Corporate Majority

1

4/27/2018

Subscribe to see more

$99M

Subscribe to see more

10

1/6/2016

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/19/2019

4/27/2018

1/6/2016

Investment Stage

Companies

Subscribe to see more

Subscribe to see more

Valuation

Total Funding

$99M

$99M

Note

Corporate Majority

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Sumitomo Forestry Partners & Customers

2 Partners and customers

Sumitomo Forestry has 2 strategic partners and customers. Sumitomo Forestry recently partnered with UPM on April 4, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

4/1/2020

Partner

UPM

Finland

UPM Timber and Sumitomo Forestry Group united by dedication to sustainability

For many years , UPM has been a close partner of Japanese company , Sumitomo Forestry , and this partnership will continue throughout 2020 .

1

3/16/2020

Partner

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

4/1/2020

3/16/2020

Type

Partner

Partner

Business Partner

UPM

Country

Finland

Subscribe to see more

News Snippet

UPM Timber and Sumitomo Forestry Group united by dedication to sustainability

For many years , UPM has been a close partner of Japanese company , Sumitomo Forestry , and this partnership will continue throughout 2020 .

Subscribe to see more

Subscribe to see more

Sources

1

10

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.