Real Estate SPACs
5 active SPACs targeting Real Estate with $950.3M in trust.
The real estate SPAC sector currently counts five active blank-check vehicles, four of which remain in active target search and one of which has progressed to an announced deal, reflecting measured but ongoing dealmaking activity in one of the market's more cyclical verticals. With a median deadline-to-expiry of 187 days across the cohort, sponsors face a tightening window to close transactions before extension votes become necessary. Real estate-focused SPACs have historically pursued targets spanning commercial property technology, residential platforms, and alternative housing formats. Investors and advisors tracking live timelines, sponsor histories, and filing-by-filing status updates across every active real estate SPAC can access the full dataset by signing up at SpacDesk.
| SPAC | Sponsor | Trust | Status | IPO Date | Target | Deadline |
|---|---|---|---|---|---|---|
| RAC Rithm Acquisition Corp. | Rithm Acquisition Corp | $230.0M | Searching | 2025-02-27 | — | 2027-02-27 |
| TMRD Timber Road Acquisition Corp | Timber Road Sponsor LLC | $230.0M | Searching | — | — | — |
| CPTK Crown PropTech Acquisitions | — | $230.0M | Deal Announced | 2021-02-10 | Mkango Resources Ltd | 2027-03-11 |
| THEO BOA Acquisition Corp. II | Bet on America II Sponsor LLC | $143.8M | Searching | 2026-08-04 | — | — |
| FPAQ FPA ENERGY ACQUISITION CORP. | FPA Energy Sponsors LLC | $116.5M | Searching | — | — | — |
Active = status not liquidated/closed/withdrawn. Trust size reflects declared trust at IPO. Industry classification based on sponsor focus area and target company sector.