NEXA Lending and Co-Founder Mat Grella Settle Legal Dispute
NEXA Lending CEO Mike Kortas has reached a global settlement with former co-founder Mat Grella, ending a multi-year legal dispute over ownership and control of the brokerage, according to a July 2026 HousingWire report.
By the Ask About NEXA editorial team
NEXA Lending CEO Mike Kortas has reached a global settlement with former co-founder Mat Grella, ending a multi-year legal dispute over ownership and control of the brokerage, according to a July 2026 HousingWire report. The agreement, finalized in mediation, resolves all related lawsuits between the two founders across Arizona and Michigan. Kortas stated the settlement leaves him with 100% ownership of NEXA.
A separate dispute involving a former NEXA employee, Kristine Wake, remained active as of the report. This item covers the founders’ settlement only and takes no position on any remaining matter.
Read the full report at HousingWire →
Source: HousingWire, July 20, 2026, by Sarah Wolak.