Climate activists vandalize Lionel Messi’s $12M Ibiza home

Spanish climate activist group Futuro Vegetal smeared the star footballer’s mansion in red and black paint to blame the rich for the climate crisis, while also highlighting the lack of action on the part of the Spanish government, the group said. Continue reading

Ultra-luxury sales show resilience, up 3.9% from last year

Ultra-luxury sales, or residential sales valued at or above $10 million, totaled $14.6 billion across 838 transactions, an increase of 3.9 percent during the first half of the year. Continue reading

Auction site bids to attract buyers amid commission changes

Rock Smart Realty, led by broker RJ Timlin, will launch a website called moversandshakers.ai to help consumers and agents buy and sell homes in an open-offer, transparent environment. Continue reading

REACH Commercial announces latest proptech class

The seven startups that are part of REACH Commercial’s latest class each promise to advance the way commercial brokerages service the industry, ranging from a green building resource solution to a pro-small business engine to help entrepreneurs own the… Continue reading

Douglas Elliman sees revenue tick up in Q2 2024

The company’s improved financial results no doubt came as a sigh of relief, as Elliman faced increasing pressure from shareholders in recent months because of its shaky performance over the past few quarters. Continue reading

Real Brokerage sees new highs in revenue, gross profit during Q2

The cloud-based brokerage saw surprisingly positive second-quarter earnings results during a tough market. Real chairman and CEO Tamir Poleg said the results were a testament to the firm’s business model. Continue reading

RentSpree releases new income verification reporting tool

RentSpree’s latest reporting product is designed to help property management providers more accurately verify the income of lease applicants. Continue reading

Matterport revenue grows, losses improve during Q2

Total revenue grew to $42.2 million during the second quarter of 2024, up from $39.6 million the previous year, as the company worked to increase its market share. Continue reading

Investment firm loses former Trump hotel to foreclosure auction

Miami-based investment firm CGI Merchant Group purchased the luxury hotel in 2022 for $375 million with a $285 million loan from BDT & MSD Partners. By 2023, the firm had defaulted on its debt. Continue reading