Business, Real Estate

Coastal Realty Services to acquire Rosewood Realty’s property management portfolio

Coastal Realty Services will merge Rosewood Realty's property management portfolio starting January 2025, expanding its presence in Okaloosa County's real estate market.

Jared Williams

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Coastal Realty Services announced plans to integrate Rosewood Realty’s property management portfolio, effective January 1, 2025, expanding its presence in the Okaloosa County real estate market.

“This merger is an exciting milestone for Coastal Realty Services as we expand our reach and elevate our commitment to providing exceptional property management services,” said Ty Whaley, CEO of Coastal Realty Services. “By joining forces, we’re bringing even greater resources, expertise, and opportunities to our clients.”

The integration aims to maintain continuity for existing property owners and tenants, who will retain their current services while gaining access to Coastal Realty Services’ resources.

Tyler Capelotti, Director of Property Management, said the integration strengthens their ability to provide service to property owners and tenants.

“By expanding our reach and leveraging Coastal Realty Services’ established expertise, we’re poised to deliver even greater value and opportunities,” he said. “Our focus remains on ensuring a seamless experience and maintaining the trust our clients have come to rely on.”

All existing agreements and contracts will continue without interruption, with Coastal Realty Services assuming full management responsibilities. The company said they plan to provide communication and support throughout the transition process.

Coastal Realty Services has operated in the region for over 50 years, specializing in property management solutions and real estate services. The company serves Okaloosa County and surrounding areas.

The family-owned and operated real estate company said this transition “reflects a significant step in Coastal Realty Services’ larger growth strategy,” which includes ongoing plans to expand its portfolio and enhance its market presence in the coming years.

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