Offerpad stays profitable for second quarter in a row
The iBuyer earned about $41M in profit during the first 3 months of 2022, beating the results of its also-profitable run at the end of 2021, according to an Q1 earnings call on Wednesday
by Jim Dalrymple II May 4
Why are proptech companies flailing on the stock market?
At Inman CEO Connect on Tuesday, First American Chief Innovation Officer Paul Hurst broke down what's going on with the stock market and why SPAC mergers are so popular
by Jim Dalrymple II Apr 19
7 practical ways real estate's biggest innovators are capitalizing on NFTs
Non-fungible tokens are all the rage in the financial industry right now, and are making their way into real estate in new and surprising ways. Trendsetters shared a few ideas with Inman
by Jim Dalrymple II Apr 13
Better admits it has a culture problem, points to CEO Vishal Garg
In a new SEC filing, the mortgage lender points to actions by CEO Vishal Garg as reasons that areas of company culture ‘require improvement.’ Steep losses are expected in Q4
by Taylor Anderson Feb 14
3 top execs depart Better after SPAC merger delay and layoffs
Better employees reportedly 'leaving the company in droves' following the return of CEO Vishal Garg
by Taylor Anderson Feb 8
How to make sense of iBuying in 2022, post-Zillow
IBuying has existed for years, but it's growing faster than ever and now approaching the scale that could finally make it profitable
by Jim Dalrymple II Feb 2
Despite layoffs debacle, Better SPAC merger still likely to go through
The deadline for calling off Better's SPAC merger with Aurora Acquisition Corp. has been extended from Feb. 12 to Sept. 30, 2022
by Matt Carter Dec 29
Real estate in 2021 was weird, wild and always unpredictable
The year saw explosive rivalries, wild stock market performances and plenty of rage
by Jim Dalrymple II Dec 13
Vacation rental giant Vacasa makes its stock market debut
The vacation rental management firm is the latest to go public via a merger with a special purpose acquisition company
by Jim Dalrymple II Dec 7
Nextdoor goes public, sees stock jump in early trading
The company, which serves as a popular lead generation platform for many agents, saw its shares jump during the early hours of trading on Monday morning
by Jim Dalrymple II Nov 8
WeWork finally goes public, stock jumps on 1st day of trading
At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering
by Jim Dalrymple II Oct 21
Take 2: WeWork sets merger date to take coworking company public
The coworking company is making another run at going public, setting a date for a merger with BowX Acquisition Corp.
by Daniel Houston Sep 21
Offerpad posts first profitable quarter ahead of public offering
The Arizona-based iBuyer took in $376.8M in revenue during Q2 2021 and its net income grew to $9.2M, giving the company its first profitable quarter
by Marian McPherson Aug 18
Vacation rental giant Vacasa to go public with $4.5B valuation
The rental management giant is merging with TPG Pace Solutions in a bid to go public via a special purpose acquisition company, or SPAC
by Jim Dalrymple II Jul 29
Matterport finishes first day of trading slightly down
The 3D imaging company's shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company
by Jim Dalrymple II Jul 26