#real-estate

Roughly $1B is the reported price for Bridgepoint’s talks to buy Kayne Anderson’s real estate arm. The unit would add about $22B of assets under management and expand Bridgepoint’s U.S. property platform.

RE/MAX $RMAX rose about 22% after The Real Brokerage $REAX agreed to buy the company in a cash-and-stock transaction valuing it at about $880M. The combined group says it would have generated roughly $2.3B of 2025 revenue and $157M of adjusted EBITDA before synergies.