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DRB Group Expands Into Southeast Region With Acquisition of Biscayne Homes

by Michelle Kellett
March 3, 2024
in Markets
A A
DRB Group Expands into Southeast Region with Acquisition of Biscayne Homes
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DRB Group and Sumitomo Forestry America, Inc. are continuing their expansion into the Southeast region. DRB Group has acquired Biscayne Homes, known as “Florida’s Luxury Builder”. Biscayne Homes has a reputable presence as a premium builder brand in the Tampa market, with communities situated in desirable master plans developed by one of Florida’s largest developers, Metro Development Group. DRB Group will acquire all assets of Biscayne Homes in the Tampa and SW markets. In 2023, DRB Group began its central Florida operations organically with an Orlando-based leadership team and is currently building in the Orlando Metropolitan Statistical Area.

At the direction of CEO Ronny Salameh, the DRB Group team has continued to expand market share growing organically into several new markets in the Southeast in 2023 to include Myrtle Beach, SC, the Triad of North Carolina, and recently into Central Florida. Mr. Salameh stated, “The acquisition of such a reputable and outstanding company as Biscayne Homes not only accelerates our strategic growth plan in the Florida markets, but it enhances the DRB Homes’ portfolio adding a luxury brand. I look forward to continuing the strong relationship formed with the owners of Biscayne Homes and all their employees.”

David Adler, a managing member of Biscayne Homes LLC stated, “We are very excited to join the DRB family. We know that the acquisition of Biscayne by DRB will help foster tremendous growth for our company, its brand, and especially for our employees.”

DRB Homes acquired Biscayne Homes with the help of financial advisor Builder Advisor Group. To learn more about DRB Homes or Biscayne Homes’ communities, please visit DRBhomes.com or BiscayneHomes.com.

Michelle Kellett

Michelle Kellett

Deputy Editor, Investing and Corporate News

PRADA Eyewear
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