First Citizens BancShares to acquire SVB in FDIC-brokered deal

The deal includes the purchase of approximately $72 billion in loans at a discount of about $16.5 billion, along with the transfer of all of the bank’s deposits totaling about $56 billion, according to the FDIC. Continue reading

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis. Continue reading

Side partners with marketing software company Evocalize

Evocalize describes its product as a “Collaborative Marketing Platform” that allows users to announce their services through an array of campaigns on Google, Facebook and Instagram Continue reading

At Bespoke Real Estate, racial slurs were part of the job, new suit claims

Jarret Willis, a Black agent who worked at the Hamptons-based luxury brokerage, was smeared by epithets, including “Jafar” in reference to the “Aladdin” Disney movie, a white colleague claims. Continue reading

Zumper launches dedicated vacation site, flex stays subscription

The launch comes seven months after the rental marketplace announced a $30 million funding round to help solidify its space in the short-term rental market and serve all types of renters. Continue reading

SFARMLS launches listing management app for 4,000+ agents

The San Francisco Association of Realtors and Zenlist have partnered to build a mobile listing management app for agent members. Continue reading

E&V CRM launch empowers Engel & Völkers Americas

Real estate brokerage Engel & Völkers is rolling out a significant technology effort for its Americas operation offices and agents with the help of software company Chime, Engel & Völkers exclusively told Inman. Continue reading

JPAR agents to benefit from insurance integration with Bubble

Bubble, the technology-blended insurance brokerage, provides clients of JPAR with a web-based series of solutions for home, auto and life insurance. Continue reading

Kamini Lane named president and CEO of Coldwell Banker Realty

Lane’s appointment comes after M. Ryan Gorman’s abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman. Continue reading