Tag Archives: SEC

‘Cash Flow King’ took millions in Ponzi scheme, according to SEC

By Taylor Anderson | September 27, 2023 - 9:19 pm |September 27, 2023 Uncategorized

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“Nearly everything about his scheme was a lie,’” the SEC says in new charges against the investor, who raised money to buy homes in northern Ohio. Continue reading →

Anywhere lays off more workers, announces end of RealSure iBuyer

By Jim Dalrymple II | January 10, 2023 - 5:13 pm |January 10, 2023 Uncategorized

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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 →

NYSE threatens to boot Offerpad over plummeting share price

By Ben Verde | November 21, 2022 - 6:07 pm |November 21, 2022 Uncategorized

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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 →

Douglas Elliman to go public in spinoff from Vector Group

By Lillian Dickerson | November 9, 2021 - 4:24 pm |November 9, 2021 Uncategorized

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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 →

Compass IPO will price shares between $23 and $26

By Patrick Kearns | March 23, 2021 - 4:28 pm |March 23, 2021 Uncategorized

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The real estate brokerage and tech company is eyeing a $10 billion valuation as it gets ready to go public. Continue reading →

Citing pandemic, Redfin sells $110M stake to venture capital firm

By Patrick Kearns | March 31, 2020 - 2:10 pm |March 31, 2020 Uncategorized

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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 temporarily cuts executive pay amid coronavirus slowdown

By Patrick Kearns | March 25, 2020 - 12:06 pm |March 25, 2020 Uncategorized

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Realogy CEO Ryan Schneider is taking a 90 percent pay cut while his direct reports are reducing compensation by 50 percent. Continue reading →

After a tumultuous 2019, WeWork has a new CEO

By Patrick Kearns | February 4, 2020 - 4:21 pm |February 4, 2020 Uncategorized

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Sandeep Mathrani, previously the CEO of Brookfield Properties’ retail group, has deep ties to the real estate industry. Continue reading →

Fathom Realty’s IPO filing reveals increased revenue, widening losses

By Patrick Kearns | January 24, 2020 - 3:58 pm |January 24, 2020 Uncategorized

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The flat-fee, virtual brokerage posted a net loss of more than $2.6 million in the first nine months of 2019. Continue reading →

Proptech funding shows no signs of slowing down

By Patrick Kearns | November 12, 2019 - 9:23 pm |November 12, 2019 Uncategorized

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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 →