Mergers and Acquisitions

South Florida boutique brokerage Galleria International Realty joins Compass

Compass’s market share in South Florida is growing. On Monday, Galleria International Realty announced that it is joining Compass.  According to Compass, the Fort Lauderdale-based firm’s team has over 100 years of combined experience and has recorded over $2 billion in combined career sales.  “Bringing Galleria International Realty into the Compass network represents an important […]

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Slocum Home Team joins eXp Realty after 76 years in Rhode Island

The Slocum Home Team, a three-generation family real estate business founded in 1949, has joined eXp Realty. Founded by George Slocum in Warwick, Rhode Island, the brokerage has been a fixture in local real estate for the better part of a century. The team is now led by Nick Slocum and includes 30 agents and

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Compass adds the Salaverri Windsor Group in Florida

Compass announced that the Salaverri Windsor Group. a Sarasota, Fla.-based real estate team, has joined the company. Led by Georgia Salaverri and Steven Windsor, the team has more than 30 years of combined experience in real estate. “We are thrilled to welcome the Salaverri Windsor Group to Compass,” said Jeff Polashuk, regional vice president of

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David vs. Goliath: why the Compass–Anywhere deal is a win for the little guys

As the real estate world absorbs the news of Compass’s acquisition of Anywhere — the conglomerate behind some of the industry’s biggest names like Coldwell Banker, Sotheby’s, Century 21 and Corcoran — it’s worth pausing to consider what this means for the rest of us brokerage owners. I’m speaking from the perspective of the boutique,

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Fifth Third buys Comerica in nearly $11B deal

Fifth Third and Comerica announced on Monday that they have signed a definitive merger agreement in an all-stock transaction valued at $10.9 billion, creating the nation’s ninth-largest bank with approximately $288 billion in assets. Comerica’s website detailed that shareholders will receive 1.8663 Fifth Third shares for each Comerica share, valuing the deal at $82.88 per

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Top-producing Colorado teams combine forces

NextHome Front Range has joined West + Main Homes and rebranded as the Front Range Collective team, the companies announced. The move expands West + Main Homes’ footprint in Colorado across Fort Collins and Colorado Springs — providing the team’s 28 agents with additional resources and offices in the Front Range. Front Range Collective said

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Corcoran Group adds first Rhode Island affiliate

Corcoran Group announced the launch of Corcoran Chart House Realty, the brokerage’s first Rhode Island affiliate. The firm will operate across Rhode Island’s coastal communities and be led by Broker-Owner Matthew Antonio. Pamela Liebman — president and CEO of Corcoran Group — made the announcement, highlighting the brand’s ongoing expansion into premium residential markets. “Rhode

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Corcoran Group adds first Rhode Island affiliate

Corcoran Group announced the launch of Corcoran Chart House Realty, the brokerage’s first Rhode Island affiliate. The firm will operate across Rhode Island’s coastal communities and be led by Broker-Owner Matthew Antonio. Pamela Liebman — president and CEO of Corcoran Group — made the announcement, highlighting the brand’s ongoing expansion into premium residential markets. “Rhode

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Douglas Elliman investigated over insider trading: Reuters

Douglas Elliman is being investigated over the alleged potential acquisition by Anywhere, according to a report published by Reuters on Wednesday.  The report cited letters related to the matter seen by Reuters and conversations with three people familiar with the issue. According to these sources, Douglas Elliman is under scrutiny for potential insider trading related

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Coldwell Banker Realty adds top agent in Boulder, Colorado

Boulder real estate professional Julie Meko has joined The Bernardi Group, a Coldwell Banker Realty team that ranks as the company’s top small team in the Boulder, Colo., region. Meko — a licensed Realtor in Colorado since 1998 — has represented some of Boulder’s major residential projects. She is known for her work in both

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