Compass Inc. (NYSE: COMP) has announced its acquisition of PorchLight Real Estate Group, a Colorado-based brokerage. Founded in 2005 by Amy Bayer and Carol Bayer, PorchLight serves the Denver and Boulder markets. In 2024 alone, the brokerage closed $922.3 million in...
Canopy Real Estate Partners, a Scottsdale, Arizona-based institutional real estate platform focusing on middle-market assets, has acquired the 59,000-square-foot Gold’s Marketplace retail center in the Denver suburb of Wheat Ridge, Colorado, for $15.8 million....
BlackRock Inc. (NYSE: BLK) announced it is acquiring ElmTree Funds, a St. Louis-based net-lease real estate investment firm with $7.3 billion in total assets under management. The financial details of the acquisition were not disclosed. Founded in 2011, ElmTree has...
Detroit-headquartered Rocket Companies (NYSE: RKT), has completed its $1.75 billion acquisition of Redfin. With the closure of the acquisition, Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” The companies also introduced Rocket Preferred...
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
