Younger Partners & NOVUS Realty to Merge

Younger Partners and NOVUS Realty Advisors, based in Dallas, entered into a definitive merger agreement, which will close Dec. 30. NOVUS will operate under the Younger Partners name, effective immediately, and will relocate operations to the latter’s office at 12700 Park Central Dr.

The merger adds the seasoned leadership of Robert Grunnah and Sam Kartalis – as well as their staff – to the Younger Partners’ firm, which was co-founded by Kathy Permenter and Moody Younger. Financials pertaining to the merger were not disclosed.

“This merger puts Younger Partners at the leading edge of land transactions and development in the Dallas region,” Younger said. Grunnah indicated that the combination will help extend services lines of both companies, and “enables us to serve our clients throughout the investment process, beginning with land acquisition, through development, lease up, and finishing with disposition.”

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