Macklowe’s comeback, casino chaos and the biggest deal in resi
The week in New York real estate started off with a shocker when Compass swooped in to acquire Anywhere Real Estate, parent company of Corcoran, Sotheby’s International Realty, Coldwell Banker, Century 21 and other major brands. The all-stock merger values Anywhere at $1.6 billion and gives Compass shareholders 78 percent ownership of the combined entity. The transaction is expected to close in the second half of 2026 and the combined company’s enterprise value would be an estimated $10 billion. The deal brings together the two largest brokerages in the country by transaction volume, according to RealTrends; Compass recorded more than […]
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