Michael Catarevas

Michael Catarevas is a senior editor for RISMedia.

Posts by Michael Catarevas

CoStar

CoStar and Activist Investor D.E. Shaw Back on Attack Over Homes.com

In another tense back and forth between CoStar Group and an activist investor, hedge fund The D.E. Shaw Group criticized what it called the company’s latest “attempt to evade accountability for longstanding and ongoing underperformance of Homes.com.” The new dispute comes about a month after D.E. Stevens first demanded that CoStar abandon its residential business.…

Offerpad

iBuyer Offerpad Focuses on Affordability; Questioned on Proposed Investor Ban

iBuyer Offerpad released its Q4/year-end financial results Monday, which included generating $114.1 million in revenue with 312 sold homes, a 34.5% YoY decline.  The company says its results reflect its continued execution within a disciplined operating model built to perform in a market constrained by housing affordability and inventory challenges and limited seller liquidity. Analysts…

remax

Mixed Financial Results for REMAX as Exec Addresses Private Listing Stance, AI Investment

RE/MAX Holdings, parent company of REMAX, on Feb. 19 announced mixed financial results for Q4 and year ended December 31, 2025, with revenue falling 1.8% year-over-year to $71.1 million. Despite the revenue dip and a 4.6% decline in U.S./Canada agent count, adjusted earnings per share (EPS) of $0.30 beat analyst estimates of $0.28. The company…