Stephen DeFrancis

Real estate company Cortland acquires LIV Group

Real estate, investment and management company Cortland has acquired LIV Group.

Atlanta-based Cortland mentioned that its purchase of LIV Group was a significant move as it aims to create a market-leading position in the UK build-to-rent (BTR) sector.

LIV is claimed to have been one of the early entrants into the BTR sector.

The acquisition — which furthers Cortland’s plans to expand its portfolio in the UK — will also include LIV’s residential block management business, which provides its services to around 8,000 leasehold properties.

“LIV Group shares our passion for the resident and is built upon a deep expertise in property management with a unique understanding of brand and culture, so we felt an immediate kinship and saw a great opportunity to bring our resident-first rental experience to the UK, and our purchase of LIV will help accelerate that,” said Steven DeFrancis, CEO at Cortland (pictured above).

Graham Bates, co-founder of LIV Group, added: “With Cortland’s unrivalled US experience and backing, we can refine our best-in-class services and extend our offering across the country at a faster rate.

“We are thrilled for current and future LIV clients and residents to enjoy the benefits of this exciting partnership.”

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