On October 5, 2023, Properly announced that it has been acquired by Pine. Through this acquisition, the companies will be better positioned to offer more services in the Canadian real estate market. This announcement follows a separate transaction between Properly and US-based Compass, which was announced in September 2023.
Properly is a Canadian tech-enabled real estate brokerage transforming the home buying and selling experience as the only service in Canada that helps homeowners to buy before they sell.
Pine is real estate technology company.
Osler, Hoskin & Harcourt LLP advised Properly Inc. with a team consisting of Justin Dharamdial, Chad Bayne, Jeremy Lin, Handi Xu and Alyn Nanji (Emerging and High Growth Companies).