Compass, Anywhere and Real estate
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Recently, Compass’s Reffkin has expanded the brokerage by snapping up rivals. Last year, the firm agreed to buy Christie’s International Real Estate and other businesses in a transaction valued at $444 million, helping expand Compass’s reach into the franchise business.
Compass to buy rival Anywhere Real Estate for $1.6 billion in all-stock deal, creating $10B real estate giant amid declining home sales
Compass Inc. and Anywhere Real Estate Inc. struck a deal to merge, building a company with a roughly $10 billion enterprise value and cementing Compass’s status as the largest residential brokerage in the US.