Real Estate SPACs
4 active SPACs targeting Real Estate with $749.0M in trust.
The real estate sector currently counts four active SPACs with a combined $749.0 million in deployed capital, according to SpacDesk tracking data. Three of those vehicles remain in active target search, while one has announced a definitive business combination agreement. The cohort carries a median deadline-to-expiration of 139 days, placing most sponsors in the latter portion of their deal windows and increasing pressure to either sign a target or pursue an extension. Real estate SPAC activity has historically spanned proptech, commercial real estate services, mortgage finance, and residential platforms. For full sponsor profiles, deal timelines, and sector-level pipeline analytics, sign up for complete data access at SpacDesk.
| SPAC | Sponsor | Trust | Status | IPO Date | Target | Deadline |
|---|---|---|---|---|---|---|
| THEO BOA Acquisition Corp. II | Bet on America II Sponsor LLC | $230.0M | Searching | — | — | — |
| TMRD Timber Road Acquisition Corp | Timber Road Sponsor LLC | $230.0M | Searching | — | — | — |
| RAAQW Real Asset Acquisition Corp. | RAAQ Sponsor LLC | $172.5M | Combo Announced | 2025-04-30 | IQM Finland Oy | 2026-10-30 |
| 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Active = status not liquidated/closed/withdrawn.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.