Tag Archives: News Brief

Surfside condo architect had been suspended for faulty designs in past

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William Friedman, the architect who designed the Surfside condo building that partially collapsed in late June, had been suspended by Florida’s board of architecture in 1967 for designing buildings that could not withstand 1965’s Hurricane Betsy. Continue reading →

Matterport finishes first day of trading slightly down

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The 3D imaging company’s shares debuted Friday at about $14.42 and ended the day around $14.20. The firm went public via a merger with a special acquisition company. Continue reading →

The Agency launches in Calgary, adding to its Canadian offices

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The new Canadian office will join a number of the brokerage’s existing offices across the country, which include locations in Toronto, Victoria, Oakville, Kitchener and Cowichan. Continue reading →

Median existing-home price sails to record high

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The median existing-home sales price rose 23.4% year over year, propelling the median price to $363,300, the highest on record, according to the National Association of Realtors. Continue reading →

Builder confidence curbed in July by continued supply-side roadblocks

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Labor shortages, regulatory costs and high costs of materials continued to dampen builder confidence, but strong buyer demand helped moderately temper those challenges in July, according to a new report. Continue reading →

Toronto iBuyer raises $44M with help from Spencer Rascoff, Eric Wu

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Properly is a tech-based real estate brokerage in Canada with a model similar to U.S. iBuyers like OpenDoor and Zillow Offers. Continue reading →

RentSpree scores $8M in new funding

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The company plans to use the funds to expand and improve its tech platform, which handles things such as rental applications and tenant screenings. Continue reading →

Sundae nets Will Smith and a list of pro athletes in latest funding round

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As-is home sales marketplace Sundae’s latest $80 million Series C funding round was jointly led by Fifth Wall and General Global Capital. Continue reading →