DRB Group and Sumitomo Forestry America continue their expansion into the Southeast region with the acquisition of Tampa, Florida–based Biscayne Homes. Biscayne Homes has an established reputation as a premium builder brand in the Tampa market.

Biscayne Homes communities are in master plans developed by Metro Development Group. DRB will acquire all assets of Biscayne Homes in the Tampa and Southwest Florida markets.

Last year, DRB Group, which ranked No. 21 on the 2023 Builder 100 list, began its Central Florida operations organically with an Orlando-based leadership team and is actively building in the Orlando MSA.

Led by 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, South Carolina; the Triad of North Carolina; and Central Florida.

Salameh says, “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 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, says, “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.”

Builder Advisor Group served as exclusive financial adviser to Biscayne Homes in the transaction.