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…
"May 21, 2026" Archives
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Between 2021 and 2025, despite market headwinds, as well as macroeconomic and industry challenges, Tony DeAnna and his team at CENTURY 21 DeAnna Realty, recorded 110% transaction side growth. This performance earned the firm the No. 6 rank in the 2026 RealTrend Verified GameChanger rankings. DeAnna, who founded the firm with his father and his…
NEXA Lending announced Thursday that it has entered into a strategic investment and phased acquisition agreement with Copper Ridge Ventures, cementing a growth and scaling strategy for both companies. Copper Ridge is a mortgage joint venture holding company founded by Tim Owens, a longtime industry executive with past tenures at loanDepot, CrossCountry Mortgage and Cardinal…
Vermont’s legislature took two steps Wednesday to make factory-built homes easier to buy and keep affordable, advancing bills that now head to a Senate floor vote and the governor’s desk. Two Senate committees approved H.757, which passed the House in March. The bill expands protections for manufactured homeowners and locks in long-term affordability for housing…