Redfin Acquires Bay Equity Home Loans for $137.8 Million
April 4, 2022
Redfin completed its acquisition of Bay Equity Home Loans for $137.8 million in cash, integrating Bay Equity's full-service mortgage lending business into Redfin's platform. Bay Equity will continue to operate under its name and leadership from its Corte Madera, California headquarters while partnering with Redfin agents across 91 markets to provide lending services to homebuyers.
- Buyers
- Redfin
- Targets
- Bay Equity Home Loans
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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