Rental property startup Doorvest unveils selling arm and $39M round

The funding round will help the rental homeownership startup add hires, expand into new Sun Belt markets and invest in its product and technology, according to an announcement. Continue reading

Imagine a $28K fee for furniture. The reality for Berlin renters is ugly

Two months after passing a referendum to control rents, Berliners are battling extreme leasing fees, which include thousands of dollars upfront for furniture, appliances and kitchen cabinets. Continue reading

Rental lead converter Zuma emerges from beta, raises $6.7M

Zuma’s software flattens traditional lead qualification and follow-up processes using on-demand engagement methods to qualify prospects as leads, arrange appointments and determine best practices for ongoing lead nurture. Continue reading

Workforce co-living startup PadSplit hauls in $20.5M

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

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

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

Vrbo drove Expedia Group to surpass Q3 earnings expectations

Expedia Group’s CEO said the short-term rental platform was “a particular highlight” that helped the company’s strong performance during the quarter. Continue reading

Vacasa launches new homeowner app to monitor property

The new app will provide homeowners on the company’s platform with easy access to information regarding the management and revenue performance of their property. Continue reading

Cover raises $60M to scale its backyard prefab housing business

The one- or two-unit homes are manufactured off-site and assembled in a property owner’s backyard, without the use of a large crane. Continue reading

CoStar revenue rises to new heights in latest earnings report

The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading