Avery Hall Investments Real Estate Services Acquisition | M&A Deal

Avery Hall Investments has completed the acquisition of a Brooklyn development site, a real estate development asset in New York, for $16 million. The purchase covers 863 Dean Street and an adjacent parcel at 962 Pacific Street, positioned for mixed-use development under the Atlantic Avenue Mixed Use Plan in Prospect Heights and Crown Heights. Avery Hall Investments acquisitions in real estate services M&A focus on assembling land for strategic acquisition and entitlement-aligned projects, with Brodsky and Monadnock Construction supporting development and construction roles. The strategic acquisition is announced and valued at $10M–$25M, with Maxim Capital Group providing the acquisition loan and the developers planning a project consistent with newly approved rezoning and Mandatory Inclusionary Housing affordability requirements.