RTL Nanuet Acquired by IDB Bank | Real Estate Services M&A Deal

IDB Bank has acquired RTL Nanuet, a real estate services other business in New York, for $33M. RTL Nanuet supports retail real estate repositioning tied to the former Macy’s site in Rockland County, supporting leasing and redevelopment planning for NY acquisitions. IDB Bank acquisitions in real estate services M&A focus on value-add other acquisition opportunities, including the RTL Nanuet acquisition in Nanuet. The deal is announced as an other acquisition with total financing reported around $33M, aligning with real estate services deals NY and other acquisition strategies.