RREAF Holdings Acquires $157M RV Parks Portfolio In Alabama, Florida & Texas

RREAF Holdings is investing $157 million in the RV property market, acquiring five parks in Alabama, Florida, and Texas. The portfolio includes RV parks located in these three states. The transaction was closed on 09/06/2023. The buyer, Kip Sowden, represented RREAF Holdings in this deal.

Summary of transaction details

• Property Type: RV Parks
• Transaction Amount: $157,000,000
• Address: Portfolio
• Market: Alabama, Florida & Texas
• Buyer: Kip Sowden - RREAF Holdings

As part of their strategic shift towards the thriving outdoor sector, RREAF Holdings made this significant investment in the RV property market. The acquisition of these five parks in Alabama, Florida, and Texas showcases their focus on expanding their presence in this sector. This transaction marks a major move for RREAF Holdings, demonstrating their commitment to investing in the growing RV property market.