The Real Brokerage Inc. (NASDAQ: REAX) announced it will acquire RE/MAX Holdings Inc. (NYSE: RMAX), the parent company of RE/MAX LLC, for approximately $880 million. Following the close of the transaction, Real CEO Tamir Poleg will serve as chairman and CEO of the new...
Lake Mary, Florida-headquartered LPT Realty announced the addition of Partner Real Estate, a Southern California-based real estate organization. Led by founder and Managing Partner Rudy Lira Kusuma, Partner Real Estate produced more than $5 billion in closed...
Kevin Warsh, President Trump’s nominee to become the next Federal Reserve chairman, vowed to maintain the central bank’s independence after the president said he expected Fed rate cuts once Warsh took office. In a CNBC interview this morning ahead of Warsh’s...
The construction labor force is experiencing an occupational seesaw ride with the number of trade professionals declining while the number of the industry’s white-collar workers is rising. According to a data analysis by the National Association of Home Builders...
Two trade groups representing Texas real estate professionals, the San Antonio Board of Realtors (SABOR) and Four Rivers Association of Realtors, have announced a strategic merger agreement. SABOR represents more than 13,000 members across 13 counties in South Texas....
The National Association of Realtors (NAR) announced it has reached a settlement resolving claims brought by homebuyers in the class-action antitrust lawsuit Tuccori v. At World Properties related to buyer-agent commissions. Under the terms of the settlement, which is...
Forecast: AI to Generate 330 Million Square Feet of Commercial Real Estate …
