CitySpire Acquired by REALM | Real Estate Services M&A Deal

REALM has completed the acquisition of CitySpire, a real estate services other business in New York, for $22 million. CitySpire acquisition supports REALM acquisitions focused on real estate services M&A and platform acquisition strategies in Midtown New York. As a real estate services other provider, CitySpire acquisition expands REALM acquisitions capacity for office condo and commercial real estate services in the New York market. The platform acquisition is closed and sized in the $10M–$25M range, with REALM acquisitions positioned as a family office acquisition backed by family office capital. Family Office Collective teams with Delshah and A.M. Properties on the Midtown office condo context for the CitySpire acquisition.