Savanna Madison Square Park Properties Acquired by Kaufman | Real Estate Services M&A Deal

Kaufman has acquired Savanna Madison Square Park Properties, a property management business in New York, for $125M. Savanna Madison Square Park Properties manages commercial real estate assets in New York City, supporting leasing operations and day-to-day property administration. The Kaufman acquisitions expand real estate services M&A capabilities through a property management acquisition focused on NY acquisitions in the Manhattan market. The divestiture acquisition is announced and structured as a private equity acquisition, with Kaufman as the buyer. Deal size is over $100M, and the parties are working toward an expected close under $125 million purchase terms.