Re/Max Holdings, the residential real estate firm that has been based in Denver since its 1973 founding, has agreed to be sold.

The Real Brokerage, a publicly traded firm based in Miami, Florida, has agreed to pay $13.80 per share for Re/Max, whose headquarters is at 5075 S. Syracuse St. in the Denver Tech Center.

“The acquisition brings together two complementary business models, uniting Real’s AI-powered, high-growth brokerage platform, proprietary software and vibrant agent community with REMAX’s iconic real estate brand and expansive global franchise network with a presence in more than 120 countries and territories and more than 145,000 agents,” the companies said.

The deal is expected to close in the second half of the year.

The combined company will have 180,000 agents, the companies said. It will be headquartered in Miami, although a joint news release says “significant operations” will remain in Denver.

Shareholders of Re/Max, a real estate brokerage franchisor, will have the option of being paid in cash or receiving 5.15 shares of the combined public company, which will be known as Real ReMax group.

With 20.1 million outstanding shares of Re/Max stock, the $13.80 figure values the company at about $278 million.

In the joint news release, the firms said the deal values Re/Max at $880 million, a figure that includes debt. When the deal closes, the companies said, Real shareholders are expected to own about 59% of the combined company, with Re/Max shareholders owning the remainder.

Tamir Poleg, who leads Real, will serve as CEO of the combined company.

Shares of Re/Max stock closed Friday at $7.99, up 8% year to date but down about 90% from a peak of $67.20 in October 2017.

On Monday, Re/Max shares spiked 24% but only reached $9.94 — well below the $13.80 figure. That suggests some doubt among investors that the deal will come to fruition.

Real Brokerage investors didn’t cheer the announcement. Its shares fell 24% Monday.

Re/Max was founded in 1973 by Dave and Gail Liniger. The company has been led since 2023 by CEO Erik Carlson. At the end of 2025, it had 519 employees, about half of them in the Denver area.

The company had revenue of $291.6 million last year, down from $307 million in 2024, according to a filing with the U.S. Securities and Exchange Commission.

SEATTLE — In neighborhoods like Little Saigon, near 12th and Jackson, the drug crisis is hard to miss.

Crowds gather on sidewalks, some openly using drugs while others sell stolen goods. The area has become one of Seattle’s most visible hotspots for crime, disorder, and overdose response.

RELATED | Seattle rolls out diversion program for misdemeanor drug cases

Seattle’s drug ordinance was meant to address scenes like this. It requires police to focus on diversion, not jail, for people caught using or possessing drugs.

On Tuesday, the Seattle City Council’s Public Safety Committee received a presentation on the effectiveness of the drug law and the diversion programs officers can make referrals to instead of jail.

Under department policy, officers are encouraged to refer people to treatment or services whenever possible. Arrest is supposed to be a last resort. And programs like LEAD, or Law Enforcement Assisted Diversion, are available 24/7 to divert people before they ever reach jail.

Research presented during the public safety presentation shows diversion can work. Independent studies found LEAD reduced repeat offenses by nearly 60%, cut felony charges, and significantly increased housing and employment outcomes.

However, the reality on the ground looks significantly different.

SEE ALSO | Belltown residents report rampant drug activity despite new SODA law

Open drug use remains a common sight in some of Seattle’s hardest-hit neighborhoods, even as the city’s drug law was designed to prioritize treatment over jail.

From 2024 to 2025, pre-arrest diversion dropped by 41%, and LEAD diversions overall fell by 30%. At the same time, arrests increased by 47%.

Funding cuts to LEAD in recent years had an impact on reducing its capacity, though that funding has since been stabilized.

During the meeting, Seattle Police Chief Shon Barnes said diversion is still a key part of the solution, but not the only one. Barnes said officers need clearer standards for when to act, especially as the public grows frustrated seeing illegal drug use happening openly, sometimes right in front of police.

Current policy includes a broad checklist of factors before making an arrest, from a person’s behavior to their location near schools, parks, or transit. That complexity can lead to inaction.

SEE ALSO | Evaluating Seattle’s efforts against open-air drug use presents progress and challenges

Barnes also pointed to operational realities, including staffing challenges and limited diversion capacity, as factors affecting how the law is being enforced.

Meanwhile, illegal street sales continue to fuel the crisis, creating environments where drug use, theft, and violence intersect.

During public testimony at the start of the meeting, some community members said what’s needed is a more balanced approach, one that enforces clear public behavior standards while expanding access to treatment and outreach.

Without that, the system risks leaving neighborhoods unsafe while also not providing the help needed by people living with addiction.

San Diego’s experiment with women’s professional volleyball is ending after just three seasons.

The San Diego Mojo will play one final home match on Thursday night before heading to Dallas for the Major League Volleyball playoffs. The club announced Tuesday that it will not return for the 2027 season.

The club posted to Instagram that it was “heartbroken to announce” that Thursday marks the final home game in franchise history.

Owner Gary Jacobs said in a statement that he wanted the Mojo to take the 2027 season off while building a long-term plan for the franchise, but that “the league believes a different direction is required.” MLV remains committed to San Diego and will “lead the effort to identify potential new investors” in the club, the Mojo said.

The Mojo are offering free tickets to fans who want to attend Thursday’s match at Viejas Arena. Fans can claim up to eight per person by visiting the team’s social media profiles and clicking the attached link.

The timing is particularly cruel. The Mojo (14-12) have thrived under first-year coach Alisha Childress, winning 13 of their last 19 matches and qualifying for the MLV Championship, a four-team tournament that will determine the league champion. The Mojo will play either the Dallas Pulse or Indy Ignite in the May 7 semifinals, with the winner advancing to the championship match.

The Mojo debuted in 2024, with a high-profile owner — beach volleyball star Kerri Walsh-Jennings — and a roster that included a mix of native San Diegans and international stars. Walsh-Jennings sold the club to Jacobs following the inaugural season, and the PVF merged with Major League Volleyball in January.

The Mojo’s shuttering is another blow to professional sports in the heart of San Diego.

Major League Rugby’s San Diego Legion moved north following the 2025 season, rebranding as the California Legion. The San Diego Sockers of the Major Arena Soccer League and the San Diego Strike Force of the Indoor Football League both relocated from Pechanga Arena to Oceanside’s Frontwave Arena when the new, smaller venue opened in 2024.