DRB Group Expands Presence in Florida with Acquisition of Biscayne Homes

DRB Group, in partnership with Sumitomo Forestry America, Inc., has officially acquired Biscayne Homes, a company celebrated as "Florida's Luxury Builder". This acquisition is part of DRB Group's strategic expansion into the Southeast region, specifically enhancing its market presence in Tampa and Southwest Florida. Biscayne Homes is known for its luxury homes within master plans developed by Metro Development Group, one of the largest developers in Florida.

CEO Ronny Salameh highlighted that this move not only aligns with DRB Group's growth ambitions in the Florida markets but also enriches its portfolio by adding a luxury brand. The acquisition promises growth opportunities for Biscayne Homes, its brand, and employees, underlining a shared vision of excellence between the two entities. David Adler of Biscayne Homes expressed enthusiasm about joining the DRB family, foreseeing substantial growth post-acquisition.

The transaction, advised by Builder Advisor Group, signifies a promising future for both DRB and Biscayne Homes, focusing on providing luxury homes in the vibrant Tampa market. For more information on their communities, interested parties are directed to the companies' websites.