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Chicago & Midwest  + Downtown  + Office  |  June 27, 2025
Jasmine Kilman
By: Jasmine Kilman

Baird & Warner to Acquire Dream Town Real Estate

Baird & Warner and Dream Town Real Estate, two of Chicago’s largest independent real estate firms, have announced they will merge operations.

The combined company will include nearly 3,000 real estate agents, loan officers and support staff. There will be eight city offices and more than 30 Chicagoland locations. Yuval Degani, founder and CEO of Dream Town, will assume the newly created role as president of brokerage services.

“Throughout our 170-year history, we have sought to make bold moves that sharpen our competitive edge and enhance the value we bring to our agents and their clients,” said Steve Baird, president and CEO of Baird & Warner. “We quickly realized our shared values, service offerings, and technology would provide significant benefits, and we are excited for Yuval to join our senior leadership team as president of brokerage services. Together, we will form the next generation of independent brokerage.” 

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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