Real Estate Acquisitions in 2026

The Cynosure Group acquired Park City-based Utah Development and Construction and reorganized it into a newly established development platform jointly owned with Clyde Capital Group, a subsidiary of Clyde Companies. The joint venture, operated by Cynosure Elevations and Clyde Capital Group, will focus on hospitality and mixed-use resort projects across the Intermountain West to scale development efforts in high-growth resort markets.

BlueWater Marinas, backed by Bain Capital Real Estate, has acquired Bayside Marine, a full-service marina in Duxbury, Massachusetts. The Kent family will remain in place to oversee day-to-day operations as the acquisition expands BlueWater/Bain's portfolio of East Coast marina properties.

Storage Post Self Storage acquired a self-storage facility located at 353–367 Park Avenue in Newark, New Jersey, a property previously operated by CubeSmart. The acquisition expands Storage Post’s New Jersey footprint to seven facilities and supports the company’s ongoing Northeast growth strategy.

Hudson Valley Property Group (HVPG) acquired two adjacent affordable multifamily properties — Boston Bay and Hope Bay — in the Dorchester neighborhood of Boston, Massachusetts, adding 133 family units to its New England portfolio. The approximately $52.5 million preservation project is financed with a Fannie Mae loan provided by KeyBank and includes roughly $6.4 million in planned renovations and HUD Project-Based Section 8 contracts that preserve affordability for decades.

Town Lane, in partnership with a leading international institutional investor, has acquired ShopOne Centers and a 27-asset grocery-anchored retail portfolio from Pantheon. ShopOne CEO Chris Reed is reinvesting in the transaction and Town Lane said it will significantly expand the ShopOne platform by pursuing additional value-add retail assets and portfolios.

Homestead Road, a tech-enabled residential real estate company, has acquired Twin Cities Home Buyers, a local real estate investment firm serving the Twin Cities metro. Twin Cities Home Buyers will continue operating locally under the Homestead Road platform as the company pursues a roll-up strategy to consolidate the fragmented fix-and-flip market; financial terms were not disclosed.

Rayonier and PotlatchDeltic have closed their previously announced merger of equals to form a combined land resources and wood products company owning more than four million acres of U.S. timberland and operating multiple sawmills and a plywood mill. The combined company will initially retain the Rayonier name and trade under the ticker RYN, with leadership and board representation split roughly equally between the legacy companies to create a larger, more diversified timberland and wood products platform.

StorageMart has acquired a 15-property self-storage portfolio in New York City from the Carlyle Group in a transaction valued at about $1 billion. The portfolio comprises roughly 1.3 million square feet, 25,498 storage units and 121 parking spaces; StorageMart said the deal reinforces its long-term commitment to New York City and expands its local footprint.

Makarora Management LP, together with Ares Alternative Credit funds, completed the all-cash acquisition of Plymouth Industrial REIT, Inc. for approximately $2.1 billion, paying $22.00 per share. As a result of the transaction, Plymouth will be taken private and its shares will no longer trade on any public securities exchange.

Keystone Equity Partners has acquired David Nicholas Building & Property Maintenance, a luxury residential property manager serving Southern New Jersey, as the inaugural investment for its new Shoreline Platform. The deal gives Keystone a foothold managing 130+ high-end coastal homes and positions the platform to scale services for affluent second-home owners in vacation markets while keeping founder David Nicholas involved in operations.

ActivumSG, a UK-based real estate investment manager, has acquired a majority stake in Centralis, a German serviced-apartment real estate platform, as part of a plan to scale a €500 million hospitality platform. Greenberg Traurig advised ActivumSG on the transaction; Centralis will continue to focus on the German market with an accelerated project pipeline.

PURE Property Management and HomeRiver Group have merged to form PURE HomeRiver, creating the nation's largest third-party single-family rental (SFR) property manager that will operate more than 40,000 homes across 80+ local offices and 35+ states. The combined company secured $80 million in growth capital with PGIM (Prudential’s asset management business) serving as the primary lender to support continued acquisitions and investments in technology, operations, and service innovation.

Outrig has acquired Lakes Region Business Rentals, a multi-building small-bay industrial facility in Lakemoor, Illinois, and will rebrand it as Outrig Commerce Park Lakes Region. The acquisition expands Outrig’s small-bay industrial and storage portfolio and strengthens its presence in Lake County, Illinois, where this becomes its second acquisition.

Suntex Marina Investors LLC, in partnership with Centerbridge Partners, L.P., has acquired Two Georges Marina in Shalimar, Florida and rebranded the property as Shalimar Harbor Marina. The acquisition adds 134 wet slips and 190 dry rack storage spaces to Suntex’s network; George and Amanda Fussell will continue to operate an independent marine sales and service business on-site under the Two Georges Marine name.

Oakline Properties, a property-management platform launched by Alpine Investors, has acquired Four Star Realty, a Colorado-based multifamily and student-housing property management firm. Four Star—founded in 1986 and managing more than 5,000 market-rate residential units and 3,000 student housing units—will continue to operate under its current brand and leadership while joining Oakline's expanding Mountain West platform.

Invitation Homes acquired ResiBuilt Homes for a contract price of $89 million plus up to $7.5 million in earn-outs to bolster its build-to-rent development capabilities in the U.S. Southeast. The Atlanta-based developer (roughly 70 associates) will continue operating under the ResiBuilt brand and brings 23 fee-building contracts, a pipeline of additional opportunities and options on about 1,500 lots; RESICAP (the former parent) will remain independent.

Affiliates of Alojica (a Black Creek Mexico-sponsored platform), together with Royalton Hotels & Resorts, have completed the acquisition of The Westin Resort & Spa, Cancun from affiliates of Marriott Vacations Worldwide. The buyers plan a transformational capital improvement program to convert the property into an All‑Inclusive by Marriott Bonvoy Westin resort and reposition the asset to capture institutional demand for high‑end all‑inclusive resorts in Cancun.

MCB Real Estate, a privately held investment management and development firm based in Baltimore with over $4 billion AUM, has completed the acquisition of Austin-based Epic Real Estate Partners. The deal transfers operation of 15 grocery-anchored shopping centers (just over 2 million square feet, across 10 states, ~$575M portfolio value) and the Epic operating company (13 professionals) into MCB's platform while retaining property-level ownership structures and the Epic team.

Ascendant Capital Partners purchased the 340-room Embassy Suites by Hilton San Diego La Jolla from BioMed Realty (owned by Blackstone) for $111 million. Ascendant plans roughly $20 million of renovations to modernize guest rooms, meeting spaces and public areas; BioMed said the sale reflects a shift in focus to other redevelopment projects.

Compass has completed an all-stock combination with Anywhere Real Estate, bringing the two companies together under Compass International Holdings. Robert Reffkin will lead the combined organization as it integrates operations and a single cloud-based technology platform to support real estate professionals and affiliate broker‑owners.

A joint venture, MCME Carell — an affiliate of Elliott Investment Management and Morning Calm Management — completed its previously announced acquisition of City Office REIT, Inc. for $7.00 per share, taking the REIT private. The buyers said the transaction reflects an opportunistic investment to create value across City Office REIT's office portfolio amid broader sector dislocation.

Sea Glass, a boutique lifestyle real estate franchisor headquartered in Irvine, California, has acquired Sperry Commercial Global Affiliates, a commercial real estate franchisor. The deal brings the two complementary franchising platforms together under shared leadership to expand capabilities and resources across residential lifestyle and commercial real estate while preserving each brand's independence.

TPG Real Estate has acquired a majority interest in Quarterra, recapitalizing the multifamily platform while Lennar Corporation retains a minority stake and will continue to provide synergies. The partnership includes a $1 billion strategic commitment from TPG to support Quarterra’s growth and the development of its pipeline of attainable multifamily rental housing across the United States.