Newport Beach Vacation Properties: Transformative Acquisition of Burr White Realty
Deal News | Feb 14, 2025 | EIN

Newport Beach Vacation Properties (NBVP), a premier vacation property management arm of Balboa Realty, has acquired Burr White Realty, doubling its vacation property portfolio. This acquisition positions NBVP as the largest vacation property management company in Newport Beach and one of the largest in Orange County. Burr White, established in 1967, is a historic business as the longest continuously operated vacation rental management company in the area. NBVP aims to modernize Burr White's portfolio to meet luxury standards expected by vacationers while retaining the small, family business ethos shared by both companies. Growing from its founding in 2007 by Aaron and Alex Batley, NBVP, along with Balboa Realty, now manages a vast number of properties with a unique focus on guest hospitality. The acquisition allows integration of innovative standards and use of technology into Burr White's offerings, thereby expanding the market reach of Balboa's management influence. Craig Batley, together with Joan Trout, previously acquired Burr White, elevating its profile as Newport Beach's top vacation rental manager until 2022.
Sectors
- Real Estate
- Hospitality
- Property Management
Geography
- United States – The companies involved, Newport Beach Vacation Properties and Burr White Realty, are based and operate in the United States.
- California – The acquisition and business operations are focused in California, specifically the Newport Beach area, and within Orange County.
Industry
- Real Estate – The acquisition involves a transaction between two real estate management companies specializing in vacation properties in Newport Beach.
- Hospitality – NBVP focuses on the hospitality aspect of property management, offering vacation property rental services.
- Property Management – This involves managing a portfolio of vacation and residential properties, highlighting Balboa Realty's increased management scales due to the acquisition.
Financials
- Not disclosed – The transaction value for the acquisition of Burr White Realty by Newport Beach Vacation Properties was not disclosed.
Participants
Name | Role | Type | Description |
---|---|---|---|
Newport Beach Vacation Properties | Acquiring Company | Company | A vacation property management company and a branch of Balboa Realty, based in Newport Beach. |
Burr White Realty | Target Company | Company | A historic vacation rental management company in Newport Beach, established in 1967. |
Balboa Realty | Parent Company | Company | Parent company to Newport Beach Vacation Properties and involved in third-party property management in Orange County. |
Aaron Batley | Co-founder of Newport Beach Vacation Properties | Person | Co-founder of NBVP, involved in its growth and expansion strategy. |
Alex Batley | Co-founder of Newport Beach Vacation Properties | Person | Co-founder of NBVP and advocate for modern business integration. |
Craig Batley | Previous Owner of Burr White Realty | Person | Patriarch of the Batley family who owned Burr White until its acquisition by NBVP. |