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City of Traverse Awards Financial Services Contract to MAVIK (June 2025)

City of Traverse logoCity of Traverse
Disclosed value
$1,000,000 commitment
From agenda
Approved
Jun 24, 2025

The 30-second brief

What it covers

The ACT 345 Retirement System Board approved a $1,000,000 commitment to Mavik for a non-core real estate investment, contingent on successful legal review. This commitment follows recommendations from the system’s investment consultant.

Who holds it

MAVIK holds this financial services contract with City of Traverse. Its other public contracts on record include work for City of Ormond Beach and Louisiana Assessors Retirement System Board of Trustees | State of Louisiana.

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Contract details

Contract type
Financial Services
Amount
$1,000,000 commitment
Document date
June 24, 2025
Vendor
MAVIK
Agency
City of Traverse
Source document
traverse_city_act_345_retirement_system_board_agen.pdf (Agenda)

MAVIK's other public contracts

City of Traverse, MichiganPension System Commits $1M to Mavik Real Estate Fund · Jun 30, 2026City of Traverse, MichiganPension Fund Commits $1M to Mavik Real Estate Fund · Jun 30, 2026City of Ormond Beach, FloridaPension Boards to Review Mavik Investments · Aug 22, 2025UndisclosedLouisiana Assessors Retirement System Board of Trustees | State of Louisiana, LouisianaBoard Requests Mavik Investment Presentation · Jul 22, 2025UndisclosedCity of Traverse, MichiganMavik awarded $1M investment commitment · May 27, 2025$1MAll MAVIK contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Traverse?

MAVIK was awarded this financial services contract by City of Traverse, as recorded on June 24, 2025. The contract value is $1,000,000 commitment.

How much is the MAVIK contract with City of Traverse worth?

The MAVIK contract with City of Traverse is valued at $1,000,000 commitment, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in traverse_city_act_345_retirement_system_board_agen.pdf (Agenda), dated June 24, 2025 from City of Traverse. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does MAVIK hold?

MAVIK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Traverse currently buying?

Explore City of Traverse's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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