Compass, Anywhere deal will consolidate Miami market dominance
Compass’ plan to acquire Anywhere Real Estate for $1.6 billion would further consolidate the brokerages’ dominance in South Florida, where brands carry significant weight. Compass, already a Goliath in residential real estate, will have more than 340,000 agents under its banner, representing about 20 percent of all Realtors in the country, if the acquisition is completed in the second half of next year. Still, Compass won’t control the majority of the market nationwide. Yet, an analysis by The Real Deal shows the deal would cement the new Compass-owned company’s position as the top brokerage in Miami-Dade County. Combined, Compass and […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts

Hollywood clears path for beachfront towers amid resident pushback

Foreclosure looms for Brookfield’s Pembroke Lakes Mall after alleged $260M loan default

David Martin, partners score $507M loan for South Beach condo tower

Real estate donations overwhelmingly back Byron Donalds over David Jolly in race for Florida governor

Steve Ross, Jeffrey Soffer’s Miami airport hotel project grounded by FAA

Average long-term mortgage rate rises 7th week in a row

Florida Realtors disaster fund ready to help

New appraisal reporting format calls for early preparation

After $21M assessment uproar, Brickell association says contractor overbilled, left work undone

Denmark accuses Palm Beach resident of shielding assets in waterfront home

