Compass poaches entire 22-person Coldwell Banker team

Los Angeles-based WSA Real Estate operates in the tony western half of Los Angeles. Team members are now decamping for Compass, which is not acquiring the entity itself. Continue reading

Insurance startup Lemonade raises $300M funding round

Lemonade, a tech-centric insurance startup that uses artificial intelligence, announced Thursday it had raised $300 million in a new round of funding. Continue reading

The essential guide to Wall Street and real estate

Wall Street and venture capitalists are pouring fortunes into everything from real estate tech companies to single-family rentals. Here’s what real estate pros should know from the top down. Continue reading

SoftBank eyeing additional $15B for its Vision Fund: Report

Softbank’s Vision Fund, the venture capital arm of Japanese conglomerate SoftBank, is seeking to raise an additional $15 billion to invest in tech startups. Continue reading

What agents should know about tech’s next IPO boom

The San Francisco Bay Area could explode with new millionaires this year, as a number of the top Bay Area-based tech companies mull initial public offerings. But will this influx of new cash actually have an appreciable impact on the nation’s most expe… Continue reading

How to protect your business in an evolving industry

What should the individual agent do when confronted with the swirl of funding and iBuyer activity and talk of massive change within the industry? Continue reading

Opendoor, Compass and their big investor are silent on Saudi Arabia controversy

Nearly half of the Softbank Vision Fund’s $93 billion in total value is financed by Saudi Arabia’s sovereign wealth fund, the money controlled by the country’s ruling family — $45 billion. It recently committed the same sum to another mega tech fund th… Continue reading