Peachtree Group has acquired Flint Development for $91.5 million, a transaction that brings the Kansas City-based commercial real estate firm under Peachtree’s corporate umbrella. The deal, which closed this week, transfers all of Flint’s development assets and operational responsibilities to Peachtree, marking the completion of a purchase process that began earlier this year.
Flint Development specializes in industrial and multi-family projects across the United States, with a team that carries more than 80 years of combined experience in the sector. The firm has built a track record of delivering developments that generate returns for its partners while contributing to local community growth. Peachtree Group, the acquiring entity, operates as an investment and development platform with a focus on hospitality and commercial properties, and it will now absorb Flint’s pipeline of projects into its broader portfolio.
The acquisition is driven by Peachtree’s desire to expand its industrial and multi-family footprint without starting from scratch in those asset classes. Flint’s established relationships with contractors, local governments, and lenders provide a ready-made channel for Peachtree to deploy capital into new development opportunities. For Flint, the sale offers its partners a liquidity event while ensuring that ongoing projects continue under a larger parent organization with deeper financial resources.
Operationally, Flint’s leadership team is expected to remain in place to manage day-to-day activities, reporting into Peachtree’s existing structure. The combined entity will now hold a more diversified development book, balancing Peachtree’s hospitality focus with Flint’s industrial and residential work. No changes to active construction sites or leasing efforts have been announced as part of the transition.
The integration will proceed over the coming quarters, with Peachtree consolidating Flint’s financial reporting and project management systems into its own. The purchase price of $91.5 million reflects the value of Flint’s current land holdings and in-progress developments, though the full benefit to Peachtree will depend on how quickly those projects move to completion. Both firms have indicated that existing client commitments will be honored without disruption.