Kennedy Lewis makes $50M investment into Douglas Elliman

With the investment, Kennedy Lewis co-founder and Co-Managing Partner David Chene will join Douglas Elliman’s board. Douglas Elliman also released preliminary Q2 2024 financial results. Continue reading

Builders are pulling their hair out. Why do investors still love them?

To get a clearer picture of where things stand for builders — and where they’re headed for investors — Inman compiled financial results from the nation’s five largest publicly traded homebuilders. Continue reading

Robert Toll, patriarch of luxury and Toll Brothers co-founder, dead at 81

Toll, who died Friday in New York following a struggle with Parkinson’s Disease, co-founded what would become one of the largest luxury home builders in America in 1967 with brother Bruce Toll. Continue reading

Fifth Wall Ventures announces new $500M proptech fund

Fifth Wall Ventures announced today it successfully hit its $500 million goal for a second proptech fund. The Opendoor and Blend-backer now has 48 global limited partners across a number of proptech subsectors, giving startups access to some of the ind… Continue reading