Restore Housing Acquired by Tredway | Real Estate Services M&A Deal

Tredway has acquired Restore Housing, a property management business in New York, for $42M. Restore Housing supports affordable housing operations through residential property management services in Brooklyn, strengthening real estate services capabilities for NY acquisitions. Tredway acquisitions in real estate services M&A aim to expand property management acquisition coverage and improve execution across Brooklyn affordable housing portfolios. The private equity acquisition is structured as an add on acquisition, with Merchants Capital providing $42M financing for the Restore Housing acquisition.