Real Brokerage Closes $880M RE/MAX Merger and Secures $550M Term Loan
REAX sits 71% above its 52-week low of $1.55 on elevated volume (4.3× avg).
Summary
Real Brokerage completed its $880 million acquisition of RE/MAX Holdings on August 24, 2026, funded in part by a new $550 million term loan. Final election results show approximately $80 million in cash paid to RE/MAX holders, with the combined company now trading as Real REMAX Group under ticker REAX.
Key Events · M&A and Partnerships · REAX
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Merger Completed
The $880 million business combination between Real Brokerage and RE/MAX Holdings closed on August 24, 2026, creating Real REMAX Group Inc.
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Final Election Results
Approximately $80 million in cash was paid to former RE/MAX holders. 14,464,497 shares were issued to RE/MAX holders and 22,098,985 shares to former Real holders.
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$550M Term Loan Secured
Real REMAX Group entered into a $550 million term loan (maturing 2031) and a $40 million revolving credit facility to fund the merger and repay RE/MAX's existing debt.
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New Leadership Announced
Tamir Poleg appointed CEO, Ravi Jani as CFO, and a new board of directors including Jenna Rozenblat, Ravi Jani, and Alexandra Lumpkin.
Analysis · REAX · Real Estate & Construction
The merger closed today, August 24, 2026, finalizing the $880 million combination of Real Brokerage and RE/MAX Holdings. The filing reveals the final cash/stock election results — approximately $80 million in cash was paid to former RE/MAX holders, with 14.46 million shares issued to RE/MAX holders and 22.10 million shares issued to former Real holders. Simultaneously, the combined company entered into a $550 million term loan and $40 million revolving credit facility to fund the merger consideration and repay RE/MAX's existing debt. The new board and executive team are now in place, with Tamir Poleg as CEO. This is the culmination of a process that began in April 2026 and represents a transformative event for the company's scale and capital structure.
How filings like this one have moved
In the 30 days to Aug 24, 2026, 44% of the 972 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, REAX was trading at $2.65 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $526.1M. The 52-week trading range was $1.55 to $5.41. This filing was assessed with neutral market sentiment and an importance score of 9 out of 10.