Tag Archives: News Brief

Zillow offloads 2,000 homes to New York City investment firm: Report

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Pretium Partners has agreed to buy some of Zillow’s homes as the listings portal exits the iBuyer business, The Wall Street Journal reports. Continue reading →

What to expect as Compass, Opendoor, Offerpad and Keller Williams release earnings today

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How will Opendoor and Offerpad respond to Zillow bowing out of iBuying? How is Compass faring as a fledgling public company? And is Keller Williams nearing an IPO? Continue reading →

Douglas Elliman to go public in spinoff from Vector Group

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If approved by the FTC and Vector Group’s board, Douglas Elliman’s shares would trade under the ticker “DOUG” on the New York Stock Exchange. Continue reading →

Team-oriented Shaker collects $2M in seed funding after strong Q3

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Real estate transaction and communications technology company Shaker announced in a press release the closing of a seed round of financing in the amount of $2 million. Continue reading →

Workforce co-living startup PadSplit hauls in $20.5M

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PadSplit, an Atlanta-based housing model that formalizes workforce co-living in single-family homes, has secured $20.5 million in Series B financing with backing in part from Mark Cuban Companies and Citi. Continue reading →

Bienvenida! Pacaso enters luxury second-home market in Spain

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Aspiring owners in Marbella, Spain can now take advantage of the unique ownership model devised by co-founders Austin Allison, who developed dotloop and sold it to Zillow, and former Zillow CEO, Spencer Rascoff. Continue reading →

Opendoor acquires digital mortgage company

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San Francisco-based RedDoor has developed a quick pre-approval process for consumers and will see its products integrated into the iBuyer’s lending services. Continue reading →

Airbnb revenue and income hit an all-time high in Q3

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As pent-up travel demand and the ability to work remotely came to a head, the company’s revenue increased 67 percent year over year, and income surged 280 percent year over year. Continue reading →