Real Estate Acquisitions in Washington

Rayonier and PotlatchDeltic have closed their previously announced merger of equals to form a combined land resources and wood products company owning more than four million acres of U.S. timberland and operating multiple sawmills and a plywood mill. The combined company will initially retain the Rayonier name and trade under the ticker RYN, with leadership and board representation split roughly equally between the legacy companies to create a larger, more diversified timberland and wood products platform.

Rocket Companies (NYSE: RKT) completed its acquisition of Redfin, bringing the high-traffic real estate brokerage and marketplace together with Rocket's mortgage and homeownership platform. The deal creates a more integrated homebuying experience, including a new Rocket Preferred Pricing program for buyers who finance through Rocket Mortgage and work with Redfin agents.

The Real Brokerage Inc. acquired the AI-powered consumer home search portal and related technology assets of Flyhomes and concurrently made an equity investment in Flyhomes to support its transition to wholesale mortgage lending. Real will integrate the consumer portal into its upcoming Leo for Clients product and offer Flyhomes' Buy Before You Sell financing through its One Real Mortgage subsidiary.

Spokane-based Windermere Lease Source Property Management has acquired the assets of longtime Spokane property manager Watson Management Co., adding roughly 550 rental properties and bringing Windermere's portfolio to about 1,100 doors. Watson's owners, Rawley and Helen Harrison, have retired and four Watson employees were retained; terms of the transaction were not disclosed.

EasyKnock has acquired Onder, a Seattle-based home maintenance subscription platform, in an asset acquisition to integrate Onder's property maintenance capabilities into EasyKnock's residential sale-leaseback marketplace. Onder CEO and co-founder David Krieger will join EasyKnock as chief product strategy officer as the combined company expands services to simplify homeownership and launch a nationwide property maintenance offering.

Seattle-based home-buying platform Flyhomes has acquired host-to-own startup Loftium. Loftium's 11 employees (including its two co-founders) will join Flyhomes while Loftium maintains its operations and branding; Flyhomes plans to integrate Loftium's host-to-own affordability product into its search and home-buying tools.

Seabreeze Management Company, Inc. has acquired Best Management Company, a Bellevue, Washington-based property management firm. Best Management will continue to operate under its existing leadership while joining the Seabreeze family to expand the combined companies' presence and resources in the Pacific Northwest.

biproxi, an end-to-end commercial real estate platform, acquired OfficeSpace.com to consolidate CRE listings and historical data onto the OfficeSpace.com site. The deal brings together biproxi’s broker-focused tools with OfficeSpace.com’s large listing database to expand biproxi’s marketplace and product capabilities; OfficeSpace.com founder Susie Algard will join biproxi’s advisory board.