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Sears sold Coldwell Banker's surviving residential unit to the Fremont Group, a California investment company, for $230 million in 1993. [10] It was sold to HFS Inc., later Cendant, in 1996. [11] [12] When Cendant broke up in 2006, the real estate businesses were spun off as Realogy, which was sold to Apollo Management for about $7.75 billion. [13]
The company acquired its first property in 1992, and subsequently began investing in other properties across the U.S. through a series of private funds. In 2010, Phillips Edison & Company launched Phillips Edison—ARC Shopping Center REIT Inc., the first of two non-traded real estate investment trusts (REITs). [3]
Anywhere Real Estate Inc., formerly Realogy (/ ˈ r iː l ə dʒ i /), is an American publicly traded real estate services company. It owns and franchises several real estate brands and brokerages, and offers consumer programs, lead generation, relocation, and title settlement services. [2]: 5–6
VEREIT, Inc. was a real estate investment trust headquartered in Phoenix, Arizona that invested in single-tenant retail, restaurant, office and industrial properties. As of December 31, 2020, the company owned 3,831 properties with an aggregate of 89.7 million square feet. [1] The company was acquired by Realty Income in November 2021.
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages ...
Arc Boat Company (Arc) is an American electric boat company based in Los Angeles, California, specializing in high-performance, all-electric watercraft.Since its founding in 2021, Arc has raised over $100 million in funding from notable investors, including Andreessen Horowitz, Eclipse Ventures, Menlo Ventures, and celebrities like Will Smith and Kevin Durant.