Real Estate Acquisitions in Florida

Florida Real Estate Deal Themes

Florida real estate acquisitions in recent years span multiple property types—from coastal marinas and vacation-rental operators to industrial logistics development and community/property management. Across the deals listed here, buyers often focus on expanding a real-estate platform’s operating footprint in Florida while adding specific assets or capabilities.

You’ll see recurring investment activity from operators and platform builders such as Suntex Marinas, Outrig, Second Avenue, Vacatia, and Doorvest, alongside strategic entrants like PMI Meridian Management and asset managers such as FRP Holdings. The transactions also reflect a mix of property ownership, management operations, and enabling services (including PropTech and valuation-focused services) tied to real estate.

Deal narratives frequently emphasize what the acquisition adds—wet slips and storage spaces, new management brands or local teams, development pipelines, or scaled technology and operating tools—rather than a single one-size-fits-all real estate segment.

What Stands Out

  • Suntex Marinas is expanding its Florida marina network via acquisitions and rebranding, including Shalimar and the Florida Keys.
  • Platform-led growth shows up in vacation rentals and hospitality: Vacatia combines resort development/sales/property management with its technology-driven rental product, and StayTerra invests in a luxury vacation rental manager for expansion along Florida’s Gulf Coast.
  • Logistics/industrial activity is represented by FRP Holdings acquiring an East Coast development portfolio and active logistics projects spanning New Jersey and Florida.
  • Property management and real-estate services acquisitions include PMI Meridian Management entering Florida through Capstone Association Management, plus BBG expanding valuation capability and geography with Carlson Norris’ Commercial Division.
  • Industrial and storage operators such as Outrig add to their footprint through acquisitions and repositioning (including RV/boat storage and an initial small-bay industrial offering in Central Florida).
  • Buyer
    Ideal Group Of Companies Inc.
    Target
    Hospitality Development Group (HDG)
    Industry
    Real Estate
    Type
    Buyout

    Ideal Group of Companies Inc. (IDGR) announced an all-stock acquisition of Hospitality Development Group (HDG), expanding its portfolio across real estate, natural resources, and technology. The deal adds development opportunities in Florida, Massachusetts, and gold mining/mineral rights concessions in Bolivia, along with technology platforms including Virtual HealthMD, Virtual PetMD, and Virtual365.app.

  • Buyer
    Chatham Lodging Trust
    Target
    Six Hilton-branded hotels (589 rooms) in Joplin, Missouri; Effingham, Illinois; and Paducah, Kentucky
    Industry
    Real Estate
    Type
    Buyout

    Chatham Lodging Trust completed the acquisition of six Hilton-branded hotels comprising 589 rooms for $92 million, funded with available cash and borrowings on its revolving credit facility. The acquired portfolio includes Home2 Suites, Homewood Suites, and Hampton Inn and Suites locations in Joplin, Missouri; Effingham, Illinois; and Paducah, Kentucky.

  • Buyer
    Suntex Marina Investors LLC (Suntex Marinas), Centerbridge Partners, L.P.
    Target
    Two Georges Marina (rebranded Shalimar Harbor Marina)
    Seller
    George and Amanda Fussell
    Industry
    Real Estate
    Type
    Addon

    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.

  • Buyer
    StayTerra, Garnett Station Partners, Bessemer Venture Partners
    Target
    Cape & Coast Premier Properties
    Industry
    Real Estate
    Type
    Addon

    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.

  • Buyer
    BBG
    Target
    Carlson Norris & Associates (Commercial Division)
    Seller
    KOVA Companies
    Industry
    Real Estate

    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.

  • Buyer
    FRP Holdings Inc.
    Target
    Altman Logistics Properties LLC
    Seller
    BBX Capital, Inc.
    Industry
    Real Estate
    Type
    Buyout

    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.

  • Buyer
    Outrig
    Target
    Fortress RV & Boat Storage, Nar-Vista Commerce Center
    Industry
    Real Estate
    Type
    Buyout

    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.

  • Buyer
    Ares Management Corporation, LightBay Capital
    Target
    Awayday
    Industry
    Real Estate

    Ares Management (via a private equity fund) has made a strategic growth investment in Awayday, a U.S. vacation rental property manager, with existing sponsor LightBay Capital fully realizing Fund I and re-investing alongside Ares. Awayday operates 30 local brands and manages more than 9,000 properties; the new capital will be used to scale go-to-market efforts, accelerate acquisitions, drive organic growth, and invest in operating tools.

  • Buyer
    Joseph Onorati, Parker White, All-former-Kraken control group
    Target
    Janover Inc.
    Industry
    Real Estate
    Type
    Buyout

    An all-former-Kraken control group led by Joseph Onorati and Parker White has acquired majority ownership of Janover Inc. (Nasdaq: JNVR) and installed Onorati as Chairman and CEO. The new owners plan to shift part of Janover's treasury into digital assets (starting with Solana), explore acquiring and operating Solana validators, and continue growing Janover's core SaaS business for commercial and multifamily real estate professionals.

  • Buyer
    Suntex Marina Investors, LLC
    Target
    Conch Harbor Marina
    Industry
    Real Estate
    Type
    Buyout

    Suntex Marina Investors, LLC has acquired Conch Harbor Marina in Key West, Florida, expanding its coastal marina portfolio and presence in the Florida Keys. The marina, which accommodates vessels up to 200 feet and offers onsite amenities and transient slips, will continue operations under Suntex's marina management platform.

  • Buyer
    PMI Meridian Management
    Target
    Capstone Association Management
    Industry
    Real Estate
    Type
    Buyout

    Indiana-based PMI Meridian Management has acquired Sarasota-based Capstone Association Management and will rename the business PMI Capstone. The deal provides PMI Meridian with a strategic entry into the Florida market and expands its community association and property management capabilities; Danielle Leon was promoted to director of operations for Florida.

  • Buyer
    Vacatia, Inc., Affiliates of Fairfax Financial Holdings Limited (financing partner; Hamblin Watsa Investment Counsel Ltd.)
    Target
    The Berkley Group, Inc., Daily Management, Inc.
    Industry
    Real Estate
    Type
    Buyout

    Vacatia, a technology-driven hospitality company, acquired The Berkley Group, Inc. and Daily Management, Inc., combining Vacatia’s product and rental capabilities with Berkley and Daily Management’s resort development, sales and property-management expertise. The transaction was financed in partnership with affiliates of Fairfax Financial (via Hamblin Watsa Investment Counsel Ltd.), and brings together more than 2,500 associates servicing over 460,000 owners and managing over 11,000 units across 13 states.

  • Buyer
    Second Avenue
    Target
    Pacific Oak Residential, Inc.
    Industry
    Real Estate
    Type
    Buyout

    Second Avenue, a Tampa-based single-family rental platform, acquired Jacksonville-based Pacific Oak Residential, Inc., adding a 2,110-home portfolio valued at about $400 million. The deal expands Second Avenue's managed homes to 5,300 and raises its assets under management to $1.5 billion while extending its operating footprint to 21 states.

  • September 10, 2024
    Buyer
    Doorvest
    Target
    Getaway
    Industry
    Real Estate
    Type
    Buyout

    Doorvest, a San Francisco–based full-service real estate investing platform, has acquired Getaway, a PropTech company that helps investors find and finance investment properties. The acquisition adds Getaway's financing products and a network of more than 34,000 investor customers to Doorvest, accelerating the launch of Doorvest's lending product and creating a vertically integrated end-to-end platform for sourcing, financing, transacting, and managing rental investments.

  • Buyer
    AKAM
    Target
    Property Management Resources (PMR)
    Industry
    Real Estate
    Type
    Buyout

    AKAM, a New York- and Florida-based property management and brokerage firm, acquired Property Management Resources (PMR), a family-run property management business serving Palm Beach County, Florida. The acquisition expands AKAM’s footprint in Southern Florida and brings PMR’s managed properties and team into AKAM’s platform, giving those clients access to AKAM’s capital project management, energy, procurement, insurance and risk management services.

  • Buyer
    ViVO Real Estate Group
    Target
    JACOG Advisors
    Seller
    JACOG Advisors, Francisco Giron
    Industry
    Real Estate
    Type
    Buyout

    ViVO Real Estate Group, a Miami-based commercial real estate advisory and development firm, has acquired boutique brokerage JACOG Advisors led by founder Francisco Giron and announced a strategic partnership bringing Miami industrial broker Frank Trelles into the firm. The acquisition expands ViVO's capabilities into capital markets and strengthens its industrial tenant representation, sales and leasing teams to capture growth in South Florida's expanding industrial market.

  • Buyer
    FirstService Residential
    Target
    Rizzetta & Company
    Seller
    William "Bill" Rizzetta, Other existing shareholders
    Industry
    Real Estate
    Type
    Buyout

    FirstService Residential has acquired a majority stake in Tampa-based Rizzetta & Company, a provider of consulting and management services to community development districts (CDDs) and homeowners associations across Florida. Founder William "Bill" Rizzetta retains a significant equity stake and will continue to lead the company as FirstService Residential expands its service capabilities into special district management.

  • Buyer
    Bersh HOA, LLC
    Target
    Marsh Landing Management Company, Inc.
    Seller
    Steve Loveland
    Industry
    Real Estate
    Type
    Addon

    Bersh HOA, a permanent-capital platform focused on HOA/community management businesses, has acquired Marsh Landing Management Company, Inc., a boutique HOA property manager headquartered in Jacksonville Beach, Florida. The transaction transfers day-to-day leadership to Tripp and Kristy Richland while founder Steve Loveland remains available as an advisor; Bersh intends to expand service offerings and scale the platform through similar add-on acquisitions.

  • Buyer
    Hilton Grand Vacations Inc.
    Target
    Bluegreen Vacations
    Industry
    Real Estate
    Type
    Buyout

    Hilton Grand Vacations Inc. completed the previously disclosed all-cash acquisition of Bluegreen Vacations for approximately $1.5 billion inclusive of net debt. The deal adds roughly 200,000 members, expands HGV's resort portfolio to nearly 200 properties across new geographies and states, and is expected to be adjusted free cash flow accretive with about $100 million of run-rate cost synergies within 24 months.

  • Buyer
    NexPoint Storage Partners, Inc., Extra Space Storage, Inc.
    Target
    SAFStor, Inc.
    Seller
    SAFStor, Inc.
    Industry
    Real Estate
    Type
    Addon

    NexPoint Storage Partners acquired 29 newly developed self-storage properties from SAFStor, bringing its wholly owned portfolio to approximately $1.7 billion in assets and 71 operating properties. As part of the deal Extra Space Storage extended and restructured its preferred equity investment in NexPoint and will manage NexPoint’s entire platform (nearly 90 properties) under the amended arrangement.

  • Buyer
    JPAR – South Florida Living
    Target
    Signature Invest Realty LLC
    Industry
    Real Estate
    Type
    Addon

    JPAR – South Florida Living (owned by Chris, Lisa and Michael Schlitz and Jeremy Constantino) acquired Signature Invest Realty LLC of Orlando on June 3, 2022, expanding JPAR’s Florida footprint. The deal brings Jose Vega and his team of sales professionals into the JPAR network to support residential brokerage growth and agent-focused technology and marketing services.

  • Buyer
    Troon
    Target
    ICON Management Services
    Seller
    Dennis Colletti
    Industry
    Real Estate
    Type
    Buyout

    Troon, a Scottsdale-based leader in golf and club hospitality management, has acquired ICON Management Services, a Florida-based golf, tennis, amenity and community association management company founded in 2007. The acquisition expands Troon's HOA, club and community management capabilities and adds ICON's footprint across Florida (including offices in Bradenton, Fort Myers and Orlando) and its approximately 1,800 team members.

  • Buyer
    Peachtree Hotel Group
    Target
    AC Hotel Miami Aventura, Aloft Miami Aventura
    Industry
    Real Estate
    Type
    Buyout

    Peachtree Hotel Group acquired the 207-key AC Hotel Miami Aventura and the 233-key Aloft Miami Aventura in Aventura, Florida. Peachtree's management arm, Peachtree Hospitality Management, will operate the properties as part of the firm's ongoing opportunistic hotel portfolio expansion in the Miami market; terms were not disclosed.

  • Buyer
    BBG
    Target
    Trigg, Catlett & Associates
    Industry
    Real Estate
    Type
    Buyout

    BBG, a national commercial real estate valuation and assessment firm headquartered in Dallas, acquired Tampa-based appraisal firm Trigg, Catlett & Associates. The deal expands BBG's presence in Florida and the Southeast; terms were not disclosed and Trigg Catlett's staff joined BBG's Tampa office.

  • Buyer
    DaGrosa Capital Partners LLC
    Target
    ISG World
    Industry
    Real Estate

    DaGrosa Capital Partners LLC (DCP), a Miami-based investment firm, announced a strategic growth investment in ISG World, a fully integrated real estate sales and marketing firm specializing in pre-construction condominium projects. The investment will support ISG World’s infrastructure and systems expansion to scale condominium sales in South Florida and broaden its geographic reach across the U.S. and into Central America.

  • Buyer
    Voxtur Analytics Corp.
    Target
    RealWealth Technologies LLC
    Industry
    Real Estate
    Type
    Buyout

    Voxtur Analytics Corp. entered into an agreement to acquire all membership interests of RealWealth Technologies LLC and will rebrand the business as VoxturWealth. Consideration includes three million common shares issued at closing and two million additional shares held in escrow subject to EBITDA-based earnout targets; the deal is intended to expand Voxtur's real-estate technology platform and product capabilities.

  • Buyer
    Pebblebrook Hotel Trust
    Target
    Margaritaville Hollywood Beach Resort
    Seller
    An affiliate of KSL Capital Partners, LLC
    Industry
    Real Estate

    Pebblebrook Hotel Trust acquired the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital Partners, LLC. The oceanfront lifestyle resort will continue to be managed by Davidson Hospitality Group and becomes part of Pebblebrook's Curator Hotel & Resort Collection as the REIT seeks to expand its footprint in South Florida.

  • Buyer
    ONE Sotheby's International Realty
    Target
    National Realty of Brevard
    Industry
    Real Estate
    Type
    Buyout

    ONE Sotheby's International Realty has acquired National Realty of Brevard and will onboard CEO Gale S. Bray and her 76 associates into the ONE SIR network. The acquisition expands ONE Sotheby's presence across Florida's East Coast and adds residential, commercial and property-management capabilities in Brevard County.

  • Buyer
    Suntex Marina Investors, LLC (Suntex Marinas)
    Target
    Prime Marina Miami (Bayshore Landing)
    Seller
    Prime Marina Group
    Industry
    Real Estate
    Type
    Buyout

    Suntex Marina Investors, LLC acquired Prime Marina Miami (to be renamed Bayshore Landing) in Coconut Grove, Miami, purchasing the property's renewed 70-year lease from Prime Marina Group. The asset includes 111 slips (up to 130-foot vessels), 30,000 sq ft of retail and 15,000 sq ft of restaurant space (fully occupied), and Suntex plans operational and amenity improvements to enhance the waterfront experience.

  • Buyer
    BBG
    Target
    Herr Valuation Advisors, Inc.
    Industry
    Real Estate
    Type
    Buyout

    BBG, a national commercial real estate due diligence firm based in Dallas, has acquired Herr Valuation Advisors (HVA), a Tampa-based real estate appraisal firm. The acquisition expands BBG's valuation and appraisal capabilities in the Tampa market and brings HVA's founder and six staff into BBG's Tampa office.

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Frequently Asked Questions

Which Florida real estate subsectors are most visible in these acquisitions?

The listed deals cover marinas, vacation rentals/hospitality, industrial & logistics development, RV/boat storage and commerce parks, community/property management, and real-estate services/PropTech tied to financing and transactions.

Are acquisitions mainly about buying properties or acquiring operations and platforms?

Both appear. Some deals acquire operating properties (e.g., marinas, storage facilities), while others focus on acquiring management capabilities or platform businesses (e.g., vacation-rental operations, association management, PropTech/real-estate financing tools).

Do Florida-based acquisitions cluster around particular regions of the state?

Yes. Multiple transactions reference Southwest Florida (e.g., Fort Myers, plus Jacksonville and Tampa in the single-family rental context) and Central Florida (e.g., Orlando), with coastal and Keys activity also appearing (e.g., Shalimar and Key West).

What kinds of expansion goals do buyers highlight after acquiring?

Common themes in the deal descriptions include adding physical capacity (such as slips and storage spaces), expanding branded footprints and local teams, entering or strengthening regional presence, and scaling go-to-market and acquisition pipelines for platforms.

Related Acquisition Pages