Tag Archives: blackstone

Layoffs hit rent-to-own company Home Partners of America

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Layoffs come a week after the shutdown of RealSure, Home Partners’ iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management. Continue reading →

Zillow, Opendoor and Compass debut on the Fortune 500

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The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries. Continue reading →

No, BlackRock isn’t buying up all of Zillow’s homes

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Zillow’s ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 home, were they right about where it’s headed? Continue reading →

Suburban condo conundrum: Sales soar as buyers hunt for elusive deals

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The idea that the city is for condos and the suburbs are for homes is not reflective of a market in which suburban condo sales — and prices — are soaring. Continue reading →

Cash-offer startup Homeward scores $371M in funding

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The funding is split between $136 million in equity and $235 million in debt and will go toward expanding the company’s scale. Continue reading →

Blackstone CEO predicts increasing demand for urban real estate

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Stephen Schwarzman shares lessons he learned from the recession and being the one-time largest owner of single-family real estate in the country. Continue reading →

Vulture investors are scooping up defaulted real estate debt in China

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Several large firms have invested more than $3B in nonperforming Chinese commercial loans, according to a Wall Street Journal report. Continue reading →

Real estate fundraising plunges to lowest level since 2013

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The amount of capital raised by real estate private equity funds shrunk from $35 billion in the fourth quarter of 2018 to $18 billion in 2019. Continue reading →