The company has slashed its workforce by 11 percent since last June, according to U.S. Securities and Exchange Commission filings. The moves come following months of housing market declines. Continue reading
Offerpad’s stock slipped below $1 per share in late October, positioning the iBuyer to be delisted from the New York Stock Exchange, which would make it more difficult to buy and sell shares while scaring off investors. Continue reading
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
The real estate brokerage and tech company is eyeing a $10 billion valuation as it gets ready to go public. Continue reading
Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. “In chaotic times, he understands our long-term commitments,” Redfin CEO Glenn Kelman said. Continue reading
Realogy CEO Ryan Schneider is taking a 90 percent pay cut while his direct reports are reducing compensation by 50 percent. Continue reading
Sandeep Mathrani, previously the CEO of Brookfield Properties’ retail group, has deep ties to the real estate industry. Continue reading
The flat-fee, virtual brokerage posted a net loss of more than $2.6 million in the first nine months of 2019. Continue reading
The U.S. real estate technology sector nabbed $1.9 billion in growth equity capital in 2019, according to a new study from GCA Advisors. Continue reading
Masayoshi Son also signaled a note of caution in a new interview, a sign that growth of his beneficiaries could be on the wane. Continue reading