Homebuilder, mortgage CEOs set to buy Tampa Bay Rays
Briefly

Zalupski's group is in exclusive negotiations with the Rays to potentially keep the team in the Tampa Bay area, specifically preferring Tampa. The group comprises Bill Cosgrove, CEO of Union Home Mortgage, and Ken Babby, owner of two minor-league teams. In recent developments, Dream Finders Homes acquired Alliant National Title Insurance Co., and Jet HomeLoans reported $2.3 billion in mortgage originations. Cosgrove's Union Home Mortgage produced $5.3 billion in volume in 2024 and has expanded into new markets, including the acquisition of Houston-based Nations Reliable Lending.
Zalupski's group, including Bill Cosgrove and Ken Babby, has engaged in exclusive negotiations with the Rays regarding a potential shift of the team to Tampa.
Cosgrove's Union Home Mortgage reported a significant volume of $5.3 billion across more than 200 branches, highlighting its prominence in the mortgage industry.
Dream Finders Homes' Jet HomeLoans, established in 2017, achieved approximately $2.3 billion in mortgage origination volume in 2024 after acquiring Cherry Creek Mortgage.
Cosgrove has expanded his company's reach by penetrating new markets such as Cincinnati and acquiring Nations Reliable Lending, indicating growth strategies for UHM.
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