Centerbridge Partners Invests $750 Million in Merritt Properties
May 26, 2026
Centerbridge Partners led a $750 million strategic investment in Merritt Properties, including dedicated growth capital to expand Merritt’s shallow bay industrial portfolio across existing and future markets. The agreement included Centerbridge acquiring the ownership interest previously held by Almanac Realty Investors (Neuberger Berman’s real estate investment arm), while Almanac reaffirmed continued support and Merritt family/majority control was preserved.
- Buyers
- Centerbridge Partners, L.P.
- Targets
- Merritt Properties
- Sellers
- Almanac Realty Investors
- Industry
- Real Estate
- Location
- Maryland, United States
- Transaction Type
- Growth capital
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