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Looking all over North America, we look for opportunities like BFL. When you find those opportunities, you get to know them and you’ve either got a good alignment or not. We fell in love with BFL right away. –

continued from page 143 people to work with.” From a strategic standpoint, Larson was intrigued by BFL’s diversity in its business lines. BFL has close ties with several real estate development and investment firms – including Aerie Development, NexMetro and Iridius Capital – that create projects and match them with the necessary financing to ensure there is a steady stream of business. Aerie Development and NexMetro are the developers of the Avilla product in Tucson and Phoenix. Iridius is a company that secures investors for the

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Chuck Sanders, President, JV Driver Group projects. Brav, through BFL Ventures, is an investor in all three companies. “I’m really big on diversification,” Larson said. “As I walked around the office, I saw the diversification and I knew that this is a company that will reinvent itself when needed. It didn’t ever move the core values, but it diversified over the years from the very beginning of doing small tenant improvements to medical to mining to the Avilla product. “When you’re looking at a company that you are going to work with and be a part of, you want to be in one that’s diversified because you know you’re going

to have to change your model at some point.” Now as part of JV Driver, BFL is going through its biggest quantitative change ever, while offering the same high-quality products and performance. “It’s just fantastic,” Brav said. “What’s neat is that it’s not a major change in culture. It’s the culture that I’ve tried to create here for years. It’s worked and it’s going to continue to work in the future. It’s not like we’re changing the way we do business now. We’re just able to do business at the next level.”


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