La Rosa Holdings Consolidates Florida Realty Operations, Pursues Data Center Expansion

BenzingaBenzinga
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Key Takeaway

La Rosa Holdings acquires remaining stake in Florida realty brokerage, consolidating operations. Company also pursues data center expansion in Osceola County.

La Rosa Holdings Consolidates Florida Realty Operations, Pursues Data Center Expansion

La Rosa Holdings Corp (NASDAQ: LRHC) has completed the acquisition of the remaining 49% ownership stake in La Rosa Realty Prestige, establishing full operational control of the Central Florida brokerage. The transaction converts Prestige into a wholly owned subsidiary, consolidating the company's real estate holdings under direct management.

La Rosa Realty Prestige maintains a significant market presence across the region, operating with 138 licensed agents and generating $5.1 million in trailing twelve-month revenue. The brokerage currently ranks third in Polk County by both agent count and total sales volume, positioning the consolidated entity as a material revenue contributor within the parent company's portfolio.

Beyond the realty consolidation, La Rosa Holdings has signed a purchase agreement for land in Osceola County designated for development of a Tier III artificial intelligence data center facility. The company anticipates closing on the land acquisition in June 2026, marking a strategic expansion into the data center infrastructure sector alongside its existing real estate operations.

Source: Benzinga

Back to newsPublished Feb 18

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