The Real Brokerage Acquires LemonBrew Lending

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The Real Brokerage Inc., an international real estate brokerage, has signed an agreement to acquire LemonBrew Lending Corp. LemonBrew Lending is a tech-enabled home loan platform, licensed to provide a full suite of mortgage services across 20 states in the U.S., including Texas, California and Florida.

LemonBrew Lending currently operates as a mortgage brokerage, serving as an intermediary between borrowers and lenders. Additionally, LemonBrew Lending is licensed as a lender in certain states, positioning Real with the option to expand its mortgage platform.

As part of the acquisition, CEO of LemonBrew Lending, Samir Dedhia, along with 25 other employees, will be joining the team at Real.

“We are excited to be joining forces with The Real Brokerage. Real’s technological vision for the future of integrated home buying is what drew us to the platform,” states Dedhia. “This industry is ripe for disruption, and together we can make a huge impact.”

“I am excited to welcome Samir and the team to Real. LemonBrew Lending will play a meaningful role in achieving our vision to reimagine what home buying can be,” says Tamir Poleg, Real’s chairman and CEO. “With LemonBrew Lending’s current mortgage capabilities and future lending potential, we can now layer in another key building block to our consumer-facing strategy and take a significant stride towards developing a frictionless home buying experience.”

The acquisition has been approved by Real’s board of directors, subject to customary closing conditions, including regulatory approvals, and is expected to close in the fourth quarter.

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