Jay Olshonsky, Nick Vanassche Team to Acquire Sperry Global

Irvine, CA-based Sea Glass, a boutique lifestyle real estate franchisor focused on waterfront, resort and lifestyle-driven markets, has acquired Sperry Commercial Global Affiliates. Terms were not disclosed. The existing leadership teams of both organizations will remain in place to ensure continuity, brand integrity and uninterrupted support for franchisees.

Jay Olshonsky, formerly chairman of NAI Global, has been appointed CEO of both Sea Glass and Sperry and is also a partner in Sperry. Mark Hinkins will remain president of Sperry, while Sperry founder Rand Sperry will serve as chairman emeritus. Sea Glass partner Nick Vanassche serves as managing partner of the ownership group.

Although Sea Glass and Sperry will continue to operate as distinct brands, the combined organization is expected to benefit from shared resources, expanded operational infrastructure and enhanced support services across technology, marketing, training, and franchise development.

“This transaction is about alignment, not consolidation,” said Olshonsky. “Both Sea Glass and Sperry have strong identities and loyal franchise networks. By bringing them together under a shared leadership and ownership vision, we can expand opportunity and resources while preserving what makes each brand successful.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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