How Twitter fought Elon Musk with a real estate investment strategy
The social network briefly turned to a poison pill to fight off the world's richest man. And as it turns out, poison pills have a long history in the real estate industry
by Jim Dalrymple II Apr 26
Fifth Wall debuts third SPAC, hopes to raise $250M
This is the third special purpose acquisition company that Fifth Wall Ventures, an investment company that focuses on real estate technology, has launched this year
by Jim Dalrymple II Apr 19
Realogy upsizes capital raise due to high level of interest
The company was seeking to raise $400M but will instead raise $600M due to high demand and the rate the company secured
by Patrick Kearns Jan 7
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
The 8 biggest stories that impacted real estate investors in 2020
The hottest topics for real estate investors this year ran the gamut — Airbnb's IPO, WeWork's new CEO, the vacation rental market's comeback, eviction bans and more
by Lillian Dickerson Dec 15
Airbnb shoots for $35B valuation
The short-term rental company is aiming to price at $44 to $50 per share, according to an updated S-1 filing it submitted to the Securities and Exchange Commission on Tuesday
Quicken Loans files for IPO as Rocket Companies
The Detroit-based lender announced the Rocket brand in 2015 and now plans to use the symbol RKT on the New York Stock Exchange
by Jim Dalrymple II Jul 7
Realogy upsizes capital raise to $550M following increased demand
The company upped its intended raise of $400M, a spokesperson confirmed to Inman
by Patrick Kearns Jun 10
Realogy calls Compass allegations 'sensational' and 'not true'
In an internal email, Realogy CEO Ryan Schneider insisted his company never explored a sale and called Compass' claims an attempt 'to inspire sensational news coverage'
by Jim Dalrymple II Sep 9
Realogy's stock drops after discontinuation of USAA program
The company is replacing the USAA program with its own in-house military rewards program, but it expects the ending of the USAA program will have a 'material impact' in 2020
by Patrick Kearns Aug 29
WeWork
The We Company filed papers with the U.S. Securities and Exchange Commission that reveal $1.9B in losses last year
by Patrick Kearns Aug 14
A Mark Zuckerberg-linked firm is scooping up scores of apartments
Iconiq has reportedly purchased more than 1,600 apartments in Seattle, Los Angeles and Denver
by Jim Dalrymple II Aug 7
Metaprop is raising a $100M real estate tech fund
This will be the third fund for the venture capital firm, which previously has invested in technology related to everything from AI to property management and appraisals
by Jim Dalrymple II May 29
SEC charges real estate developer with fraud in Ponzi scheme
The SEC seeks to freeze Robert Morgan's assets as a result of the fraud charges
by Patrick Kearns May 23
BlackRock raises stake in RE/MAX
The institutional investor now owns 15% of RE/MAX Holdings, equaling 2,559,945 shares of its stock