LPT Realty parent company acquires Humaniz, Reside
LPT Aperture Holdings, the parent company of fast-growing real estate brokerage LPT Realty announced its acquisitions of Humaniz and Reside on Tuesday via an exclusive announcement with HousingWire. The Robert Palmer-led company said it is not disclosing the financial terms of either deal.
Humaniz provides teams with AI-powered software for recruiting and management, while Reside is a platform that encompasses coaching, training and community support to help support team and brokerage leaders looking to grow their business and refine operations.
“I firmly believe that teams will replace real estate franchises over the next decade. This belief is driving a lot of the action in our core enterprise,” Palmer told HousingWire in an exclusive interview. “This is a big part of why LPT Realty embraces teams and also why we have this relationship with Humaniz and Reside. I view them both as two of the best-in-class team services platforms in our industry. So, to continue to support that momentum and move across all brokerages, we will be able to help teams grow and scale through these two companies.”
Companies will remain brokerage agnostic
Both Humaniz and Resides will continue to maintain their independent operations and current leadership. Additionally, the companies all noted that Humaniz and Resides will remain brokerage agnostic and will be available to teams at any brokerage.
“We are not the kind of business to force agents to move to LPT, we want to embrace agent choice,” Palmer said. “We think these are two amazing platforms, and we want to help them continue to grow. In the past, we have seen brokerages purchase technology and turn it into a walled garden and that is the exact opposite of what we want to do. We want to prove to the industry that we can be a good steward of technology and these types of companies and continue to serve teams at all brokerages at the highest level. It is a commitment that I don’t think many brokerage CEOs would have made, and it is one we take very seriously.”
Palmer also said LPT will provide capital investment in the two firms to “accelerate their growth and expand their reach across the U.S. and Canada.”
LPT and Palmer as partners “felt right”
“When we founded Reside Platform in 2023, we had one goal: build the platform that team leaders actually need to scale. Technology, training, coaching and community — all under one roof — so they can stop piecing things together and finally focus on growth,” Suneet Agarwal, a principal at Reside, wrote in an email. “This acquisition by [LPT Aperture Holdings] accelerates everything we’ve been building. Their resources, technology and reach allow us to go deeper for the teams and brokerages we serve across North America.”
Jon Cheplak, another principal and a co-founder of Reside, added that since founding the company nearly three years ago, he and the team have been approached “numerous times” by “respected individuals and companies” about a possible acquisition, but none of those potential partners felt right until LPT and its CEO Robert Palmer came along.
“Robert and LPT were a natural fit when looking at the best interests of our members and their vision for growth. Robert is one of the best marketers, business operators and growth strategists in the real estate industry to support the growth vision of team leaders,” Cheplak wrote in an email.
He added that he will remain with Reside as a consultant after the acquisition closes, continuing to help team leaders with their leadership and recruiting skills.
Since its founding roughly two and a half years ago, Reside has supported the growth of over 110 teams across the continent.
Chris Giannos, the founder and CEO of Humaniz, shared similar praise regarding Palmer and his firm.
“Robert is an amazing entrepreneur, and we have a shared vision of helping teams and brokerages continue to scale in this changing environment,” Giannos said. “We think partnering with LPT is going to help us better serve the industry regardless of what brokerage someone is with. [It] is going to give us the resources and guidance we need to take our platform to the next level.”
Giannos, whose firm recently announced AgentIntelligence, an AI-powered recruiting platform that provides brokerages and teams with agent-level signals about migration, said it was important to him that his platform remain brokerage agnostic.
“It seems the industry is trying to scatter and fragment and everyone is picking sides,” he said. “Maybe I’m an optimist at heart, but I think there is room for unification, and I like to see progress for agents and teams regardless of which brokerage they are at.”
LPT Aperture Holdings, which encompasses LPT Realty and its luxury spinoff Aperture Global Real Estate, is looking to pursue an IPO. The firm reserved the combined ticker symbol of #LPTA with Nasdaq in August of 2025. The brokerage claimed the No. 10 spot nationally for transaction sides and the No. 14 spot for sales volume in the 2025 RealTrends Verified Rankings after closing 36,369 transaction sides and $13.86 billion in sales volume in 2024.
“I think it is important to broaden out the company and show that we are not one dimensional,” Palmer said of the acquisitions in light of his IPO ambitions. “I think we have proven our ability to scale and grow in the real estate brokerage space faster than anyone in history and now we will be able to show off our ability to invest in, improve and help scale technology and services companies. Ultimately, we are trying to paint the picture of a different kind of enterprise inside of the real estate space in the future and we think these acquisitions are critical for that.”
