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Real estate group acquires assets of Gulf Coast vacation rental company

In big Gulf Coast real estate news, Crye Leike Gulf Coast Real Estate & Vacation Rentals has announced that it has acquired vacation rental management company Flip Flop Vacations and Real Estate based in Gulf Shores.

Crye*Leike Gulf Coast President David Stidham said that the acquisition grows his company’s inventory on the Gulf Coast by close to 60%.

“We are excited to announce this acquisition, as the staff at Flip Flop Vacations and Real Estate is a great addition to our team, as both companies cultures align with a focus on boutique style service with an emphasis on customer service, leveraging our team of experienced staff with technology to bring the best experience for both our Owners and Guests,” said Stidham.

Bill and Casey Buckner at Flip Flop Vacations and Real Estate briefly described their approach to business and expressed their gratitude towards Crye Leike.

“At Flip Flop Vacations, our goal has been to treat our owners like family, our visitors like house guests, and the properties we manage like they are our own,” said the Buckners. “We are blessed today to join our family with the Crye*Leike Gulf Coast family and are excited to be a part of the best management team on the beach.”

The acquisition is effective January 31, 2024.

Austen Shipley is a staff writer for Yellowhammer News.

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