St. Louis Acquired by Related Group | Real Estate Services M&A Deal

Related Group has completed the acquisition of St. Louis, a real estate services other business in Florida, for $1.5 million. The St. Louis acquisition targets a waterfront condo building on Miami’s Brickell Key, supporting Related Group acquisitions tied to real estate services deals FL. Related Group acquisitions and Terra are coordinating a divestiture acquisition process to consolidate ownership and enable redevelopment near the Mandarin Oriental site. The real estate services M&A is structured as a private equity acquisition with a rumoured under-$10M price range, potentially around $200 million for the full 134-unit property. Condo buyout talks require 80% owner approval, and a close is expected next year if negotiations with the St. Louis owners progress.