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Realty ONE Group launches ZONE Pro AI platform
Realty ONE Group launched ZONE Pro, an AI platform for 20,000 agents that centralizes operations, referrals and training across 30 markets.
Equity Residential, AvalonBay to merge in $69 billion multifamily deal
Equity Residential and AvalonBay Communities agreed to an all-stock merger of equals that will create a $69 billion multifamily giant controlling more than 180,000 apartments across the country, the companies announced Thursday. The combined real estate investment trust will have a pro forma equity market capitalization of about $52 billion and an enterprise value of […]
AI-powered data remaps builders’ landbuying art and science
Prophetic updated SiteAI to automate parcel yield studies and generate zoning compliant site plans in minutes. The update adds more realistic layouts, lot dimensions, and topography insights including flood zones and wetlands.
Two Harbors delays shareholder vote on CCM deal amid UWM rivalry
Two Harbors Investment Corp. has adjourned its special meeting of stockholders to May 28 to give investors more time to vote on its proposed sale to an affiliate of CrossCountry Mortgage (CCM), as a competing proposal from UWM Holdings Corp. (UWMC) looms.
CCM boosts cash payout in bid for Two Harbors
CCM will add a pro rata dividend, lifting total cash value to as much as $12.68 per share for TWO investors as it seeks merger approval.
