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Ray White USA Property Management has been Acquired by Dreamstone Investments, LLC
Doreen Morgan is the owner and managing broker of Sunbelt Business Brokers – Atlanta, where she has spent two decades guiding Main Street and lower-middle-market business owners through successful sales valued from $750K to $75M. A proven dealmaker, Doreen has personally closed 300-plus transactions since 2005 across B2B services, heavy construction, healthcare, franchising, manufacturing, specialty distribution, and technology. Before acquiring Sunbelt Atlanta in 2015, she sharpened her M&A...
Doreen Morgan
Updated on August 19, 2026
Atlanta, GA August 31, 2020, Sunbelt Business Brokers – Atlanta is pleased to announce the
acquisition of its client, Bell Rellie Management Services, LLC d/b/a Ray White USA Property
Management (“Ray White”), by Dreamstone Investments, LLC (“Dreamstone Investments”).
Ray White USA Property Management is a full-service residential property management company
serving real estate investors throughout Metro Atlanta, with clients in 16 countries and nearly 400
properties under management. Founded in 2013 by Andrew and Greg Bell as the American branch of
Ray White, an Australian-based property management franchise established in 1902, the Company
offers property management, real estate sales, LLC establishment, and insurance placement services to
domestic and international investors alike. Dreamstone Investments, LLC is an Atlanta-based private
investment group focused on residential real estate and property management.
Sunbelt Atlanta initiated and advised on the sale of Ray White Property Management USA serving as the
exclusive M&A advisor to the Company. The transaction was led by Dealmaker Doreen Morgan who
leveraged Sunbelt Atlanta’s targeted sell‑side process to position the company with qualified strategic
buyers and structure a transaction that aligned with the owner’s financial and succession objectives.
Owners of property management, real estate services, and related companies considering a sale can
leverage Sunbelt Atlanta’s targeted sellside process to access qualified strategic and financial buyers,
maximize aftertax proceeds, and structure a transition that fits their personal and succession goals.
This transaction highlights the strong demand from strategic and financial buyers for established
property management platforms with recurring management fee revenue, diversified client bases, and
long‑tenured customer relationships. Owners of property management and real estate services
companies considering a sale can benefit from Sunbelt Atlanta’s targeted, confidential sell‑side process
designed to maximize valuation, expand buyer reach, and deliver a smooth ownership transition.