Real Estate Acquisitions in 2025

Oakline Properties, a portfolio company of Alpine Investors, has acquired Drucker + Falk, a Top-50 NMHC multifamily and commercial property management firm. The transaction brings D+F into Oakline's platform (increasing the platform to 65,000+ units managed) while the Drucker and Falk families will remain actively involved in the business.

Rithm Capital Corp. completed its acquisition of Paramount Group, Inc., a vertically-integrated REIT that owns, operates and manages Class A office properties in New York City and San Francisco. The deal expands Rithm’s commercial real estate footprint and strengthens its integrated asset-management and owner-operator capabilities as Paramount is integrated into the Rithm platform.

StayTerra, a vacation-rental platform backed by Garnett Station Partners and Bessemer Venture Partners, announced an investment in Cape & Coast Premier Properties, a luxury vacation rental manager based in Cape San Blas, Florida. The deal brings Cape & Coast onto the StayTerra platform to accelerate growth, expand StayTerra's footprint in Florida's Gulf Coast, and provide the company with capital, technology and operational support.

A subsidiary of ITOCHU Corporation has made a meaningful minority investment (19.5% stake) in Wood Partners to provide additional capital and strategic relationships. Wood Partners’ management will retain majority ownership, Fayez Sarofim & Co. will remain a significant minority holder, and Wood’s strategy and operations will remain unchanged; terms were not disclosed.

CTP has acquired VLD S.r.l. for €241 million as its entry into Italy and will deploy a planned €1 billion investment in Italian projects over the next five years. The deal gives CTP an 8.7 million sqm landbank (including owned, contracted and optioned land), and VLD — previously controlled by FBH Group — will be rebranded as CTP Italy under Agostino Emanuele.

Newmark Group, Inc. has acquired Catella Valuation Advisory SAS, a Paris-based real estate valuation and advisory firm that evaluated nearly €40 billion in assets in 2024 and advised more than 180 clients across 3,200 properties. The Catella team of 12 valuation experts will join Newmark under its brand, expanding the firm's Valuation & Advisory capabilities and significantly growing its presence in France and across EMEA.

New York-based Outpost has merged with June Homes to form OJH Holdings, combining roughly 4,000 units and creating the largest coliving operator in the United States. The combined, profitable platform will be led by Outpost CEO Sergii Starostin with June Homes CEO Mauricio Zuniga as President, and is positioned to pursue further consolidation and national expansion.

Morgan Properties completed the all-cash acquisition of Dream Residential Real Estate Investment Trust for approximately US$354 million, privatizing the publicly traded Canadian REIT. The deal adds 15 multifamily communities (about 3,300 units) across Texas, Ohio, Kentucky and Oklahoma; unitholders received US$10.80 per unit and Morgan plans roughly $58 million in reinvestments across the portfolio.

Lincoln Property Company has acquired Capstone Development Partners (inclusive of Capstone Management Partners) to expand its higher-education real estate capabilities. The deal brings Capstone's student-housing development and university facilities management expertise onto Lincoln's national platform to accelerate growth and broaden service offerings to colleges and universities.

Safe Harbor Marinas closed its acquisition of Port Annapolis (a 16-acre, 250-slip marina and boatyard) on November 11, 2025, adding the facility to its global portfolio. As a result, subsidiary Bluewater Yacht Sales will relocate operations to the Port Annapolis site to expand storage, service capabilities, and yacht sales presence in the Annapolis/Chesapeake Bay market.

Propy, an AI-powered title and escrow platform, acquired Delta South Title Inc., a market-leading title company in Mobile County, Alabama, marking the first deal under Propy's $100M AI-led national roll-up strategy. The acquisition aims to scale and modernize local title operations by integrating Propy's AI escrow officer and smart-contract infrastructure to improve efficiency and profitability.

Simon Property Group completed the acquisition of the remaining 12% interest in The Taubman Realty Group Limited Partnership (TRG) by issuing 5.06 million limited partnership units in Simon Property Group L.P., giving Simon full ownership of TRG. The Taubman family, including Robert and Billy Taubman, will remain significant Simon shareholders following the closing; Simon said the deal strengthens its position in premium retail real estate and is expected to be accretive to earnings.

BBG acquired the commercial division of Carlson Norris & Associates from KOVA Companies and will establish a new Fort Myers office to expand its Florida footprint. Industry veteran Michael P. Jonas joins BBG as a Managing Director, and the deal strengthens BBG’s capabilities in government and municipality valuation work while filling a strategic geographic gap in Southwest Florida.

Ioffice Business Group has acquired United Spaces from Castellum to form Sweden’s largest flexible workspace group, combining their locations to manage approximately 67,500 square meters of flexible office space. The two brands will continue to operate independently while collaborating to improve profitability, customer experience and market leadership across Sweden.

Jacksonville-based FRP Holdings Inc. has acquired the development portfolio and operations of Altman Logistics Properties LLC from BBX Capital, integrating active logistics and warehouse projects across New Jersey and Florida into FRP’s platform. The deal brings several planned industrial projects (including new warehouses in Parsippany and Hamilton, NJ, and multiple Florida projects) and the Altman logistics team — led by Mark Levy, who joins FRP as CIO — into FRP's expanded East Coast industrial pipeline; financial terms were reported in some outlets (~$33–34M) but not disclosed by all parties.

Cresa has acquired Fischer, a Dallas-based occupier advisory firm, adding approximately 110 professionals and Fischer’s proprietary technology platforms ManagePath and Visual Manager. Fischer’s executive leadership join Cresa’s management team and board, expanding Cresa’s corporate services platform, technology capabilities, and geographic footprint.

Marjan and RAK Hospitality Holding have agreed to merge, creating a unified entity that will operate under the Marjan name and combine real estate development with hospitality operations. The consolidation is intended to accelerate Ras Al Khaimah’s tourism and investment ambitions under RAK Vision 2030 by integrating land development, hospitality operations, and lifestyle offerings.

Fathom Holdings Inc. has acquired START Real Estate, a Colorado-based residential brokerage focused on first-time homebuyers. START operates roughly 70 agents (expected ~400 transactions this year with a >70% mortgage attach rate); Fathom will integrate START's first-time buyer program into its intelliAgent platform and Elevate plan to scale the program nationwide and drive recurring mortgage, title, and technology revenue.

H.I.G. Capital has established a new Italian self‑storage platform, Boxengo, following the completion of five acquisitions — four in Milan and one in Rome. The platform will be led by CEO William Binella and initially focus on opening two Milan facilities by year‑end, with the remaining sites operational during 2026.

Hospitality at Work, a property management platform and subsidiary of Lowe, has acquired Denver-based Vector Property Services, adding roughly 2.5 million square feet to its nationwide portfolio. Most of Vector’s property management, engineering, and accounting staff (fifteen team members) will join Hospitality at Work as the company expands its office and mixed-use management footprint in Denver and nationwide.

Lincoln Property Company has acquired BL Mosher Consulting, a Topsfield, Massachusetts-based construction project management team led by founder Barry Mosher, and integrated the team into Lincoln’s Corporate Advisory & Solutions (CAS) East division. The deal expands Lincoln’s project management capabilities and strengthens its CAS platform to better serve corporate occupiers across the U.S. and Canada.

Bain Capital Real Estate, working with marina operator BlueWater Marinas, has acquired Kent Narrows Boatel (KNB), a Class-A heated drystack marina on Kent Island, Maryland. The property — which offers 375 slips and over 12,000 square feet of commercial space — will become the fourth marina in the Bain/BlueWater portfolio and will be operated to enhance customer experience and regional market presence.

StorageVault Canada Inc. completed the acquisition of four additional self-storage facilities from four vendor groups for an aggregate purchase price of $60.8 million, funded with cash on hand and mortgage financing. One previously announced $2.6 million acquisition was not completed and was replaced by a $9.0 million asset, bringing StorageVault's year-to-date completed transactions to $132.6 million.

KSL Capital Partners affiliates, via its Tactical Opportunities Fund, acquired The Westin Hilton Head Island Resort & Spa; terms were not disclosed. The oceanfront resort on Hilton Head Island features roughly 420 refreshed rooms, extensive event space and wellness amenities — the deal expands KSL’s travel & leisure portfolio with a high-quality beachfront asset in the Southeast United States.

Alpine Investors launched Oakline Properties, a new platform to partner with and scale property and association management businesses across the United States. Oakline will partner with outsourced managers (including Cirrus Asset Management) to drive growth through cross-platform lead generation, service expansion, tech enablement and talent, led by CEO Amanda Sayigh.

GK Properties and Signature Real Estate Group announced a strategic merger combining their brokerages, hundreds of agents, and more than $10 billion in collective closed home sales to create a larger, more resilient real estate platform in Southern Nevada. The alliance aims to expand agent support and marketing capabilities by combining GK Properties' focus on agent development and advanced marketing with Signature's broad network and collaborative culture.

Hg has made a growth investment in Parte to accelerate the company's expansion across the Benelux and DACH regions and to scale its AI-enabled property management platform. Parte, founded by Around Partners in 2020, manages more than 5,000 buildings and has over 450 employees across 27 regional offices.

Stout, a global advisory firm, has acquired Appraisers and Planners, Inc., a New York City–based real estate appraisal and valuation firm with a team of over 15 professionals. The acquisition, finalized September 16, 2025, expands Stout's Real Estate Valuation capabilities and provides Appraisers and Planners' clients access to Stout's broader valuation and advisory services.

QuadReal Property Group has fully acquired the UNCLE brand in the UK and Europe together with Realstar’s UK & Ireland residential operating platform, consolidating the operating company under QuadReal. The deal expands QuadReal’s built-to-rent (BTR) and student housing presence across UK and European markets while Realstar retains its other UK-owned assets and will continue pursuing new opportunities in the region.

Yugo, part of The Dot Group, has acquired Campus Advantage to accelerate its U.S. expansion and scale its student housing operations. Campus Advantage will transition to Yugo U.S., bringing over 430 team members and adding reach of nearly 40,000 beds across 88 properties; Mike Peter will lead Yugo U.S. as CEO with Jim Sholders joining as President.

Adelis Equity Partners (via Adelis Equity Partners Fund IV AB) has acquired Retta Oy and Retta AB, the leading provider of B2B property management and real estate services in Finland and Sweden, taking a majority stake to support the company's next growth phase. Adelis will back Retta's investments in digitalization, capability development and complementary strategic acquisitions to accelerate Nordic expansion.

CoStar Group has completed its acquisition of Domain Holdings Australia Limited, combining CoStar's global real estate technology and analytics with Domain's leading Australian property marketplace. The deal positions CoStar to expand into the Australian market and invest in enhanced digital tools and services for agents, sellers, and buyers.

An affiliate of Certares Real Estate Management LLC has acquired a majority interest in the Hyatt Regency Greenwich from Trinity Investments. Trinity completed a $35 million renovation while owning the property and will partner with Certares to drive future growth and capitalize on favorable market dynamics in the Fairfield/Westchester region.

Community Management Holdings (CMH), a Charlesbank Capital Partners-backed platform, has acquired regional community management operators HOAMCO and Alamo Management Group (AMG). The add-on acquisitions expand CMH's footprint to serve roughly 1,000 communities and nearly 500,000 households, adding local leadership while integrating technology and scale.

Aquavista, the UK's largest residential and leisure mooring provider, has acquired three marinas in the North West of England — Fettlers Wharf Marina (near Ormskirk), Furness Vale Marina and Marple Marina (near Stockport) — expanding its portfolio to 32 marinas and over 5,300 berths. The investment was supported by private equity investor LDC, with debt facilities provided by Barings and Clydesdale Bank.

Outrig acquired Fortress RV & Boat Storage and the Nar-Vista Commerce Center in Orlando, Florida, rebranding them as Outrig – Orlando and Outrig – Orlando Commerce Park. The deal expands Outrig’s national RV and boat storage footprint and introduces the company’s first small-bay industrial offering in Central Florida.

Snappt, an AI-powered applicant trust platform for multifamily housing, has acquired Trigo, a rent‑verification technology provider, and secured a $50 million committed growth facility from Hercules Capital. The acquisition integrates Trigo’s verified rental payment history capabilities into Snappt’s fraud‑detection and applicant screening platform to speed leasing decisions and improve tenant qualification signals.

Safe Harbor Marinas has acquired Monaco Marine, expanding its footprint into the Mediterranean with nine marina and shipyard locations across the South of France and Monaco that provide slips, storage and refit/maintenance services for vessels up to 90 meters. The deal increases Safe Harbor’s global portfolio to 149 marinas and shipyards and extends its service offering into premier Mediterranean yachting destinations such as Saint-Tropez, Antibes and Monaco.

1754 Properties LLC acquired the 319-room Marriott Winston‑Salem in downtown Winston‑Salem, North Carolina; Hospitality Ventures Management Group (HVMG) will continue to operate the hotel. 1754 plans to invest over $5 million to renovate meeting spaces, hallways and infrastructure to elevate the property and drive demand from business, convention and leisure travelers.

Lincoln Property Company has acquired Gatski Commercial, a Las Vegas-based commercial real estate services firm, expanding Lincoln’s property management and leasing portfolio in Nevada to over 20 million square feet. Frank Gatski will lead Lincoln’s Las Vegas operations and bring his existing team and local market expertise to the combined platform.

Hunt Companies acquired a controlling (majority) interest in Carter, an Atlanta-based real estate investment and development firm, strengthening Carter's platform in mixed-use and residential development. The deal positions Carter to pursue larger, Sunbelt-focused projects while longtime CEO and Chairman Bob Peterson retires and Scott Taylor remains as President and CEO.

Storage Post Self Storage acquired three long-standing Sofia Storage locations in Manhattan and Brooklyn, expanding its New York City footprint and integrating the family-run properties into its portfolio. The deal — supported by commercial real estate brokers and debt providers — preserves the Sofia family legacy while enabling Storage Post to upgrade amenities and operations at the facilities.

Mercialys completed the acquisition of the remaining 49% stake in Hyperthétis Participations for €28 million, gaining full ownership of a portfolio totaling 66,000 sqm of gross leasable area across five French sites. The assets—located in Angers, Brest, Niort, Narbonne and Le Puy—are fully or nearly fully let to major food and non-food retailers; the deal eliminates minority interests and is immediately accretive to Mercialys.

Norvestor created a continuation vehicle (Norvestor SPV III), supported by commitments from Norvestor IX and a syndicate of institutional investors, to acquire PHM Group Oy and Sperre Air Power AS from earlier Norvestor funds (Norvestor VIII and Norvestor SPV II). The transaction provides liquidity/options to existing investors while preserving follow-on capital and strategic support for the two companies’ growth and M&A agendas.

The Real Brokerage Inc. acquired the AI-powered consumer home search portal and related technology assets of Flyhomes and concurrently made an equity investment in Flyhomes to support its transition to wholesale mortgage lending. Real will integrate the consumer portal into its upcoming Leo for Clients product and offer Flyhomes' Buy Before You Sell financing through its One Real Mortgage subsidiary.

Rocket Companies (NYSE: RKT) completed its acquisition of Redfin, bringing the high-traffic real estate brokerage and marketplace together with Rocket's mortgage and homeownership platform. The deal creates a more integrated homebuying experience, including a new Rocket Preferred Pricing program for buyers who finance through Rocket Mortgage and work with Redfin agents.

Knightvest Capital acquired the 412-unit Avana Desert View apartment community in Scottsdale, Arizona as the eighth investment in its Fund II. Knightvest plans value‑add renovations — modernizing unit interiors, refreshing common areas, and upgrading amenities — to deepen its Phoenix‑area footprint and drive long‑term returns for investors.

New Home Co. completed its acquisition of Landsea Homes Corporation, creating a privately-held, top-25 national homebuilder led by New Home CEO Matthew Zaist. Landsea common stock was delisted from NASDAQ and shareholders received $11.30 per share in cash; the transaction was funded with equity from funds managed by affiliates of Apollo, $522 million of homesites under option from Millrose Properties, and a senior notes offering by New Home.

Concert Golf Partners has acquired The Club at New Seabury, a 300-acre, 36-hole oceanfront private golf and beach club in Mashpee, Massachusetts, from owner IE Homes, Clubs & Resorts. The purchase — Concert's largest to date — expands its nationwide portfolio to 39 premier private clubs; Concert plans annual capital reinvestment and continuity support for members and staff.

Sixth Street has made a strategic partnership and significant investment in L+M Companies, a New York–based affordable and mixed-income housing developer. L+M will remain the majority partner and keep its leadership team while using the capital to expand development and preservation activity across existing and new U.S. markets.