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...
OFA Group (NASDAQ: OFAL), a Los Angeles-based architecture and technology firm, today has signed a Letter of Intent (LOI) to acquire a 60% controlling interest in Silicon Valley-based Aspire Homes Realty Inc. and its affiliated lending platform, RateDNA Inc. RateDNA...
A fund managed by the real estate investment firm Kennedy Wilson (NYSE: KW) announced a pair of acquisitions – one for Tides on Commerce, a 336-unit apartment community in North Las Vegas, Nevada, and the other for Finisterra, a 356-unit apartment community in Tempe,...
Blackstone (NYSE: BX) is paying $2 billion for the performing commercial real estate (CRE) loans that Atlantic Union Bankshares Corporation (NYSE: AUB) acquired in its $1.6 billion purchase of Sandy Spring Bancorp Inc. in April. According to the companies, the loan...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
