Single-family offices accounted for 31 of the 39 unique family offices active in direct real estate transactions during the first half of 2026, according to data released by FINTRX. The research firm tracked 55 deals spanning eight property types and six countries between January and June, with multi-family offices participating in just eight instances. The lopsided breakdown underscores that direct property acquisition in the period was overwhelmingly an SFO-driven activity, not a shared pursuit across the broader family office universe.

Multi-family residential led as the primary property type with 14 transactions, followed closely by retail at 13 and office at 11. Industrial accounted for six deals, mixed-use for five, hotel and motel for three, and raw land and healthcare slash lab rounded out the list at two and one respectively. Roughly a fifth of transactions spanned multiple property types, most commonly retail paired with office or multi-family paired with mixed-use, pointing to a preference for flexible, income-diversified assets over single-use bets in the current cycle.

Domestic activity dominated the dataset, with 50 of the 55 total transactions taking place within the United States. The five international deals were spread across five different countries rather than concentrated in one region: Singapore via Sebrina Holdings, Norway via Smedvig Capital Family Office, Canada via Kilmer Group, Saudi Arabia via AWJ Holding Company, and India via Godrej Family Office. No single non-U.S. market saw repeat activity in the period, suggesting these were one-off opportunistic plays rather than a coordinated international expansion.

January was the busiest month by transaction count at 16 deals, more than double any other month. Activity eased to five deals in February, climbed to seven in March and 11 in April, then settled into a steady rhythm of eight deals per month across May and June. The data points to a front-loaded start to the year followed by a more measured, consistent pace through the second quarter.

Real Capital Solutions, the Arsenault family office, was the clear standout, closing seven transactions in the period, all within office properties. That tally was more than double any other family office's transaction count. BruttenGlobal followed with four transactions spanning retail and multi-family residential, while Crow Holdings completed three deals spanning industrial and retail. The Moinian Group, Mohr Capital, Validus Capital, Pamera Partners Family Office, and Rowland Taylor each completed two transactions across a mix of property types.

For a family office whose founding wealth came from real estate ownership and management, Real Capital Solutions' sector concentration appears consistent with the same playbook that built the fortune in the first place. Chairman Marcel Arsenault has personally acquired and managed more than 365 real estate investments totaling roughly three point five billion dollars, according to FINTRX.

Single-family offices typically hold structural advantages in direct real estate: fewer stakeholders to align, faster decision cycles, and often a founder or family principal with direct real estate or operating experience. Real Capital Solutions' Marcel Arsenault and Inclenberg Investments' David Gochman are both examples of family principals who built their wealth in real estate or real estate-adjacent industries before formalizing a family office structure. The eight multi-family offices in the dataset appear to play a more selective role, participating in individual deals rather than running programmatic acquisition strategies the way the most active single-family offices do.

FINTRX monitors family office real estate activity across the private wealth channel, capturing property transactions, firm structure, assets under management, geographic footprint, and decision-maker contact information. The firm notes that sponsors raising capital for real estate deals should treat SFO-heavy activity as a signal to prioritize direct outreach to family principals and their investment teams over broader institutional channels. Firms like Real Capital Solutions and BruttenGlobal, which transacted repeatedly in the first half, represent warmer targets for co-investment or off-market deal flow than family offices that appear only once in the data.

Real estate activity in the first half of 2026 by family offices was dominated by single-family offices moving quickly and repeatedly on multi-family, retail, and office assets, largely within the United States. A small number of multi-family offices and international single-family offices made more selective, one-off plays. Repeat buyers like Real Capital Solutions and BruttenGlobal show that some family offices are running real estate as an active, programmatic strategy rather than a one-off allocation.