BAG Advises Tampa-based Biscayne Homes in

Sale to DRB Group

March 1, 2024

Dear BAG Clients and Friends,

Builder Advisor Group is pleased to announce Sumitomo Forestry-backed DRB Group’s acquisition of Biscayne Homes. The transaction reinforces DRB’s expansion South into the state of Florida by bringing in a premier luxury builder and securing a pipeline of lots in the area’s best master-planned communities. BAG was honored to work with Eduardo, David, and the rest of the Biscayne Homes team in structuring a highly accretive and timely partnership with DRB. The Florida presence will serve as a catalyst for substantial future growth in DRB’s contribution to the overall Sumitomo Forestry enterprise, which is now delivering over 10,000 homes annually across the United States. To read the full story on The Builder's Daily, click here. 

The demand for established homebuilding operators with strong local ties and controlled land pipelines remains high. BAG is actively representing clients in many high-demand markets of the U.S., including Florida, Texas, Georgia, the Carolinas, and the Mid-Atlantic.

Builder Advisor Group, in collaboration with Avila Real Estate Capital and Encore Capital Management, is excited to host the 11th annual Forum for Housing Executives next week. The exclusive event will bring together executives from 75 of the top builders and developers nationwide to discuss industry insights on the housing market outlook for 2024, global macroeconomic trends, capital market dynamics, and more.

We welcome a confidential discussion about your business. Please contact either Tony Avila or Zach Legge.