Real Estate
Who acquires Real Estate companies
85 distinct acquirers across 93 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.
Top 10 acquirers of Real Estate companies
Ranked by number of acquisitions recorded in this sector, with the year of each buyer's latest one. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
| Acquirer | Deals here | Last deal |
|---|---|---|
| Americold Realty Trust | 3 | 2020 |
| Compass | 2 | 2026 |
| RMR Group | 2 | 2023 |
| The Blackstone Group (PE) | 2 | 2021 |
| Foxtons Group | 2 | 2021 |
| Sunroad Enterprises | 2 | 2016 |
| IRC Retail Centers LLC | 2 | 2014 |
| Vivmark Residential | 1 | 2026 |
| Global Net Lease | 1 | 2026 |
| Public Storage | 1 | 2026 |
Counted from 93 recorded transactions, 2014 to 2026. Name variants of the same buyer (Inc, Corporation, Ltd) are counted together.
Would these buyers pay for yours?
Put a number on it first: run the free estimate, then the $199 written report sets your range against the Real Estate band and the comparable disclosed deals, in a document you can share. If the business is profitable, has $1M or more of revenue and you may sell within two years, talk to our advisory team about which of these buyers would engage, and at what price. The first conversation is free.
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| AvalonBay Communities | Vivmark Residential | 2026-08-17 | n/d | n/d | n/d |
| Modiv Industrial | Global Net Lease | 2026-08-12 | n/d | n/d | n/d |
| National Storage Affiliates Trust | Public Storage | 2026-07-22 | n/d | n/d | n/d |
| Whitestone REIT | Ares Management Corporation | 2026-07-14 | $1.7bn | n/d | n/d |
| Sila Realty Trust | Blue Owl Real Estate Net Lease Trust | 2026-07-01 | $2.4bn | n/d | n/d |
| Kennedy-Wilson Holdings | Fairfax Financial Holdings Limited | 2026-06-16 | n/d | n/d | n/d |
| Veris Residential | Affinius Capital and Vista Hill Partners investor consortium | 2026-05-27 | $3.5bn | n/d | n/d |
| Peakstone Realty Trust | Brookfield Asset Management | 2026-05-06 | $1.2bn | n/d | n/d |
| Alexander & Baldwin | MW Group | 2026-03-12 | $2.3bn | n/d | n/d |
| CNL Healthcare Properties | Sonida Senior Living | 2026-03-11 | $1.8bn | n/d | n/d |
| AMT Management LLC | Global Asset Management Group | 2026-03-04 | n/d | n/d | n/d |
| Sotherly Hotels Inc. | KW Kingfisher LLC | 2026-02-12 | n/d | n/d | n/d |
| Plymouth Industrial REIT | Makarora Management LP | 2026-01-27 | $2.1bn | n/d | n/d |
| Anywhere Real Estate Inc. | Compass | 2026-01-09 | n/d | n/d | n/d |
| City Office REIT | MCME Carell Holdings | 2026-01-09 | n/d | n/d | n/d |
| Paramount Group | Rithm Capital Corp. | 2025-12-19 | n/d | n/d | n/d |
| RealSource Properties | Cottonwood Communities | 2025-12-18 | $500m | n/d | n/d |
| Residential Management Group | PMG Holdings | 2025-10-24 | $85m | n/d | n/d |
| Redfin Corporation | Rocket Companies | 2025-07-01 | n/d | n/d | n/d |
| NorthStar Healthcare Income | Welltower OP LLC | 2025-06-09 | n/d | n/d | n/d |
| NexPoint Hospitality Trust | NexPoint Diversified Real Estate Trust | 2025-04-17 | n/d | n/d | n/d |
| Diversified Healthcare Trust - 18 Triple Net Leased Senior Living Communities | Brookdale Senior Living | 2025-03-03 | $135m | n/d | n/d |
| Retail Opportunity Investments Corp. | Blackstone Real Estate Partners X L.P. | 2025-02-12 | $4.0bn | n/d | n/d |
| At World Properties Holdings | Compass | 2025-01-13 | n/d | n/d | n/d |
| Waterford Lakes Town Center | Kimco Realty | 2024-10-01 | $322m | n/d | n/d |
| Antares Homes | Landsea Homes | 2024-01-09 | $232m | n/d | n/d |
| Carroll | RMR Group | 2023-07-31 | $80m | n/d | n/d |
| Storage Solutions | Jungheinrich | 2023-01-25 | $375m | n/d | n/d |
| Storage Express | Extra Space Storage | 2022-09-16 | $590m | n/d | n/d |
| Swire Pacific Offshore Operations | Tidewater | 2022-03-09 | $190m | n/d | n/d |
| RKW Residential | Hello Alfred | 2022-03-08 | $35m | n/d | n/d |
| GeoPhy | Walker & Dunlop | 2022-02-28 | $85m | n/d | n/d |
| Stockland Retirement Living | EQT (PE) | 2022-02-22 | $702m | n/d | n/d |
| The Allstate - Northbrook campus | Dermody Properties | 2021-11-29 | $232m | n/d | n/d |
| Port America | PS Business Parks | 2021-09-01 | $123m | n/d | n/d |
| Design Space Modular Buildings | McGrath Rent | 2021-05-13 | $260m | 8.1x | 3.2x |
| Embassy Industrial Parks | The Blackstone Group (PE) | 2021-05-10 | $790m | n/d | n/d |
| Strategic REIT | SmartStop Self Storage | 2021-03-17 | $380m | n/d | n/d |
| Douglas & Gordon | Foxtons Group | 2021-03-02 | $22m | n/d | n/d |
| Clemson Lofts | Arcapita (PE) | 2021-02-01 | $120m | n/d | n/d |
| Hall’s Warehouse Corp. | Americold Realty Trust | 2020-11-05 | $480m | n/d | n/d |
| Servistore AB | Corem | 2020-10-30 | $2m | n/d | n/d |
| London Stone Properties Ltd. | Foxtons Group | 2020-03-02 | $3m | n/d | n/d |
| Nova Cold Logistics | Americold Realty Trust | 2019-11-21 | $256m | n/d | n/d |
| Normandy Real Estate Partners LLC | Columbia Property Trust | 2019-10-16 | $100m | n/d | n/d |
| The Storage Fox | Clutter | 2019-09-20 | $152m | n/d | n/d |
| Condor Hospitality Trust | NexPoint Hospitality Trust | 2019-07-22 | $318m | n/d | n/d |
| Liberty Living Plc | Unite Group | 2019-07-03 | $988m | n/d | n/d |
| Eldorado Resorts | VICI Properties | 2019-06-17 | $278m | n/d | n/d |
| Lanier Cold Storage | Americold Realty Trust | 2019-05-01 | $82m | n/d | n/d |
| Casino Guichard-Perrachon - 32 Store Properties | Apollo Global Management (PE) | 2019-04-22 | $530m | n/d | n/d |
| Access Self Storage - 3 Storage Assets | StorageVault | 2019-04-05 | $33m | n/d | n/d |
| MedEquities Realty Trust | Omega | 2019-01-02 | $600m | 13.0x | 10.0x |
| Knight Square Holdings | Lexington Partners (PE) | 2018-10-05 | $32m | n/d | n/d |
| CPI Operations LLC | PBF Logistics | 2018-10-01 | $107m | n/d | n/d |
| Brookdale Senior Living | Ventas | 2018-08-20 | $194m | n/d | n/d |
| Flexioffices | NVM Private Equity (PE) | 2018-06-04 | $13m | n/d | n/d |
| MTGE Investment Corp. | Annaly | 2018-05-02 | $900m | n/d | n/d |
| The Park : Huntersville | OA Development | 2018-03-02 | $63m | n/d | n/d |
| RSI Communities LLC | William Lyon Homes | 2018-02-20 | $460m | n/d | n/d |
| Zenium Data Centers | CyrusOne | 2017-12-21 | $442m | n/d | n/d |
| Pacific Bio-Material Management | Azenta | 2017-07-05 | $33m | n/d | n/d |
| The Office Group | The Blackstone Group (PE) | 2017-06-19 | $770m | n/d | n/d |
| Tesam Distribution Ltd. | Clipper Logistics | 2017-05-25 | $18m | 6.5x | 0.6x |
| Kalyx Development Inc. | Kalyx Properties Inc. | 2017-05-08 | $60m | n/d | n/d |
| Forestar Group | Starwood Capital Group (PE) | 2017-04-13 | $605m | 12.6x | 3.1x |
| CNL Lifestyle Properties | EPR Properties | 2017-04-06 | $456m | n/d | n/d |
| Daiichi Sankyo Co. Ltd. - Pharmaceutical Packaging Facility | UDG Healthcare | 2017-04-03 | $14m | n/d | n/d |
| Savvy Homes LLC | AV Homes | 2017-03-03 | $50m | n/d | n/d |
| Bulevar Rentas Inmobiliarias S.A | Parque Arauco | 2017-01-06 | $60m | n/d | n/d |
| Solon Eiendom AS | Solon Eiendom | 2016-11-21 | $121m | n/d | n/d |
| WCI Communities | Lennar | 2016-09-22 | $809m | 13.5x | 1.3x |
| Tremont Realty Capital LLC | RMR Group | 2016-08-08 | $2m | n/d | n/d |
| Resource America | C-III Capital Partners LLC | 2016-05-23 | $207m | 9.4x | 2.0x |
| Market Common Clarendo | Regency Centers | 2016-05-16 | $406m | n/d | n/d |
| The Osprey Management Co. Ltd. | KCR Residential REIT | 2016-05-09 | $2m | n/d | n/d |
| DBK Partners | RPS Group | 2016-04-26 | $20m | n/d | n/d |
| Forest City - Military Housing Business | Hunt Companies | 2016-02-22 | $209m | n/d | n/d |
| Sonoma Ridge Apartments | Sunroad Enterprises | 2016-02-11 | $30m | n/d | n/d |
| Bristol Bay Apartments | Sunroad Enterprises | 2016-02-04 | $36m | n/d | n/d |
| Acadia Homes & Neighborhoods | Taylor Morrison | 2016-01-08 | $85m | n/d | n/d |
| Grosvenor Shopping Centre | H.I.G. Private Equity (PE) | 2015-05-18 | $100m | n/d | n/d |
| AmREIT | EDENS | 2015-02-18 | $763m | n/d | n/d |
| The American Home Portfolio | Silver Bay Realty Trust Corp. | 2015-02-18 | $263m | n/d | n/d |
| Kaisa Group Holdings | Sunac China Holdings | 2015-01-29 | $587m | n/d | n/d |
| Gator Grove | Alico | 2014-12-03 | $17m | n/d | n/d |
| Distribution Property - 1920 West Baseline Road - | Liberty Property Trust | 2014-11-18 | $27m | n/d | n/d |
| 102 Greene St Retail Property | SL Green | 2014-11-04 | $32m | n/d | n/d |
| Cross Healthcare - Seniors Housing Portfolio | CareTrust | 2014-10-28 | $12m | n/d | n/d |
| Newport Pavilion Phase II | IRC Retail Centers LLC | 2014-10-17 | $24m | n/d | n/d |
| The Prairie Crossings | IRC Retail Centers LLC | 2014-10-06 | $25m | n/d | n/d |
| Holiday Acquisition - 21 independent living facilities | Sabra Health Care REIT | 2014-09-29 | $550m | n/d | n/d |
| Merchants Property Development (Guangzhou) Co. | China Merchants Land | 2014-09-14 | $190m | n/d | n/d |
n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
Who owns Real Estate companies
On PEStore, Real Estate sits within Real Estate. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
Real Estate investors and acquirers on PEStoreMultiples across every sector
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