Douglas Elliman begins expanding overseas
The boutique luxury firm is starting its global expansion with 14 offices and more than two dozen agents across Bordeaux, the French Riviera and Monaco, the firm informed Inman
by Lillian Dickerson Oct 28
Pacaso plans to launch 'bespoke' co-ownership mortgage in Q4
A new $100M credit facility with Texas Capital Bank will enable vacation home loans to be originated by a 3rd party, then securitized and sold to investors in non-qualified mortgages
by Matt Carter Sep 16
Why high-end buyers are still spending big on luxury real estate
High-net-worth consumers are still purchasing houses as they seek strategic investments and relative safety amid tumultuous times
by Lillian Dickerson Jul 15
CoStar advances talks to purchase REA Group competitor Domain
CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, 2nd largest real estate classifieds firm in Australia behind News Corp-owned REA Group
by Marian McPherson Mar 20
Vatican official accused of perjury in $378M real estate lawsuit
After being sentenced by Vatican State Court for embezzlement and fraud, London-based banker Raffaele Mincione is fighting back, asserting the Vatican mishandled and mis-documented funds
by Marian McPherson Jul 5
WeWork creditors urge consideration of Neumann's offer
The company's unsecured creditors seem to be tiring of its piles of debt, and say that to not seriously consider the ex-CEO's generous bid on the company is 'inexcusable'
by Lillian Dickerson Apr 23
Nation's largest mortgage lender shorted by Park Avenue hedge fund
United Wholesale Mortgage denied explosive allegations that many mortgage brokers who send it business aren't shopping around for best deals. UWM dismissed a related lawsuit as 'a sham'
by Matt Carter Apr 3
EXp to acquire Canadian real estate search portal, brokerage Zoocasa
The acquisition is intended to help boost eXp Realty's online lead search generation and listing portal opportunities for its agents and brokers
by Ben Verde Jun 21