Compass COO Greg Hart to leave company at year end
Hart joined Compass in 2020. After his departure, the fast-growing brokerage will eliminate the role of chief operating officer
by Jim Dalrymple II Dec 12
'Cash Flow King' took millions in Ponzi scheme, according to SEC
‘Nearly everything about his scheme was a lie,’ the SEC says in new charges against the investor, who raised money to buy homes in northern Ohio
by Taylor Anderson Sep 27
Anywhere lays off more workers, announces end of RealSure iBuyer
The company has slashed its workforce by 11% since last June, according to US Securities and Exchange Commission filings. The moves come following months of housing market declines
by Jim Dalrymple II Jan 10
NYSE threatens to boot Offerpad over plummeting share price
Offerpad's stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which could make it more difficult to buy and sell shares
by Ben Verde Nov 21
Douglas Elliman to go public in spinoff from Vector Group
If approved by the FTC and Vector Group's board, Douglas Elliman's shares would trade under the ticker 'DOUG' on the New York Stock Exchange
Compass IPO will price shares between $23 and $26
The brokerage and tech company is eyeing a $10B valuation as it gets ready to go public
by Patrick Kearns Mar 23
Home improvement marketplace Porch makes stock market debut
Porch has evolved into an enterprise software company as well as a consumer-facing marketplace. The firm is the latest to use a merger with a blank check company to go public
by Jim Dalrymple II Dec 24
LoanDepot mulling IPO: Report
The lending giant could be worth $12B to $15B, according to new report in Bloomberg
by Patrick Kearns Sep 21
Airbnb files paperwork to go public
Although the company has provided few details, the announcement at leasts ends months of speculation that Airbnb was on the verge of an IPO
by Jim Dalrymple II Aug 19
Citing pandemic, Redfin sells $110M stake to venture capital firm
Founded in 2019, Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. 'In chaotic times, he understands our long-term commitments to our culture and our technology,' Redfin CEO Glenn Kelman said
by Patrick Kearns Mar 31
Realogy temporarily cuts executive pay amid coronavirus slowdown
Realogy CEO Ryan Schneider is taking a 90% pay cut while his direct reports are reducing compensation by 50%
by Patrick Kearns Mar 25
After a tumultuous 2019, WeWork has a new CEO
Sandeep Mathrani, previously the CEO of Brookfield Properties' retail group, has deep ties to the real estate industry
by Patrick Kearns Feb 4
Fathom Realty's IPO filing reveals increased revenue, widening losses
The flat-fee, virtual brokerage posted a net loss of more than $2.6M in the first nine months of 2019
by Patrick Kearns Jan 24
A man presenting charts
The US real estate technology sector nabbed $1.9B in growth equity capital in the 3rd quarter of 2019, but will WeWork's debacle hurt the market?
by Patrick Kearns Nov 12
Softbank CEO Masayoshi Son
Masayoshi Son also signaled caution in a new interview, a sign that growth of his beneficiaries could be on the wane
by Patrick Kearns Oct 9