New York City-based Franklin BSP Realty Trust Inc. (NYSE: FBRT) is acquiring NewPoint Holdings JV LLC, a privately held commercial real estate finance company headquartered in Plano, Texas. The financial terms of the deal were not disclosed. According to the...
Detroit-headquartered Rocket Companies (NYSE: RKT) has announced its acquisition of the Seattle-headquartered brokerage Redfin (NASDAQ: RDFN) for $1.75 billion, or $12.50 per Redfin share. “Rocket and Redfin have a unified vision of a better way to buy and sell...
Tulsa-headquartered McGraw Realtors has acquired Trademark HSV Real Estate in Hot Springs Village, Arkansas. The financial terms of the deal were not disclosed. Arkansas Business reports Trademark will operate under McGraw brand while the acquired company’s leadership...
The real estate investment firm FCP has acquired Arium Sunrise, a 400-unit multifamily community in Sunrise, Florida. Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. FCP...
Strongsville, Ohio-based Union Home Mortgage (UHM) has acquired Houston-headquartered Nations Reliable Lending, also known as NRL Mortgage. The financial terms of the deal were not disclosed. NRL Mortgage closed over $1 billion in lending in 2024 while UHM closed last...