Tech-driven The Real Brokerage to acquire Re/Max in $880 million deal - Newsday
The Real Brokerage→RE/MAX
Apr 27, 2026

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Faulkner Capital Partners has acquired The Baxter, a property management business in California, for $35 million. The Baxter acquisition expands Faulkner Capital Partners acquisitions in real estate services M&A focused on managing Hollywood luxury apartments. As a property management acquisition, The Baxter supports day-to-day operations, leasing, and resident services for multifamily assets in the Los Angeles market. The platform acquisition is an announced private equity acquisition with deal size in the $25M–$50M range, positioning Faulkner Capital Partners for further CA acquisitions and growth in real estate services deals CA.
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