Author name: Ricky Vasquez

Roadblock for Redfin shareholder vote on Rocket merger removed

A Redfin shareholder vote planned for today, June 4, will proceed as planned, according to legal documentation published by a Washington federal court Tuesday. The vote is one of the final steps for closing Rocket Companies’ $1.75 billion acquisition of the real estate brokerage. In early May, plaintiff Jason Morano, a Redfin shareholder, sued the

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SFR giant Invitation Homes starts lending to homebuilders

Invitation Homes is stepping into the lending business, loaning $32.7 million to a Texas developer for a Houston housing project.  The single-family rental giant said the loan to the unnamed builder will support 156 homes, and it will have the option to purchase the project. The publicly traded company, which owns or manages over 110,000

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