Cortland Acquires LIV Group
US build-to-rent specialist Cortland has acquired property manager LIV Group. Cortland said it will focus "entirely on UK expansion" and said the acquisition will accelerate its plans for growth. Leeds-based LIV Group manages a portfolio of 2,000 homes, 1,445 of which are managed for large home providers including M&G and Platform. It has a pipeline of 7,000 homes, which will be delivered by the end of 2021. The company also operates BTR advisory firm LIV Consult, and a block management business responsible for 8,000 homes. LIV founders Graham Bates and Helen Peace will remain at the company.