LA real estate
fromtherealdeal.com
13 hours agoRexford sells real estate while former co-CEO sells shares
Laura Clark has officially taken over as CEO of Rexford, ending the tenure of co-CEOs Michael Frankel and Howard Schwimmer.
The Gibson plaintiffs claimed that eXp negotiated the agreement with the Hooper plaintiffs after conducting prolonged, unsuccessful settlement negotiations with Intervenor Plaintiff counsel, conducting a reverse auction in an attempt to gain a sweetheart deal.
Miami was hyped as the next Silicon Valley during the pandemic, but the city saw one of the highest rates of domestic out-migration last year of any major city, indicating that it is a hotspot no more.
Jason Abrams has dedicated his career to helping agents and broker owners build businesses worth owning and lives worth living. He understands that in order to live your best life, you must give your best effort to the parts that matter most.
Morgan Stanley's revision stems from a broader office sector update tied to job opening data across REIT markets. The underlying concern is structural: white-collar employment trends directly shape office demand, and softening job openings signal a slower leasing recovery than previously modeled.
After filing their notice, the parties must observe a mandatory waiting period, which is typically 30 days on most proposed acquisitions. During this waiting period the government agencies review the proposed transaction for potential antitrust concerns. Once the waiting period expires, the companies are free to close the transaction and no further HSR-related approval is required in order for them to be able to close the transaction.
Following my career in finance and real estate, it became clear to me that the nuances of the market in 30A, from unique geography to diverse supply and more, was underserved by the generic valuation models available to consumers, and was in many cases leading to confusion for clients.
We aren't just looking for the next listing; we're looking toward the next horizon of how global communities are built and experienced. The launch of eXp New Homes is our strategic response to the evolving needs of the new construction sector where precision and partnership are the ultimate currencies. We are empowering our agents to move beyond the traditional resale mindset and step confidently into the role of a strategic new home sales partner.
Compass will display its "Coming Soon" and "Private Exclusive" listings on Redfin. The deal could add over 500,000 additional home listings to Redfin's platform. Rocket Mortgage will be embedded into the Compass platform, offering Compass clients preferred pricing such as a 1% interest rate reduction for the first year or a $6,000 lender credit.
By late 2024, Reffkin was blunt about what he sees as Compass's core asset: listing inventory. Listing inventory remains the lifeblood of the residential real estate marketplace, he said, arguing that Compass already has a depth of inventory in many of our local markets that is unmatched. That statement matters because it reveals the company's North Star not merely recruiting or revenue, but the control point Compass believes can reshape consumer behavior and, potentially, the real estate industry.
Glenn Kelman announced on January 13, 2026, that he is stepping down as CEO of Redfin after leading the company for 20 years. His departure follows the $1.75 billion acquisition of Redfin by Rocket Companies, which was finalized in July 2025. Kelman's last official day in the office is Friday, January 16, 2026. Kelman will remain available in an advisory capacity through April 1, 2026, to support the transition.