Single family rentals, collectively, is now officially an asset class of real estate investment, and the $100 million funding of Avenue One, a technology company born to support it, is another example of the category’s evolving presence on Wall Street. Continue reading
Fathom Holdings will pay at least 8 percent interest on a convertible note company executives say will provide more flexibility as they seek “cash flow profitability” by Q3. Continue reading
Vero, a RentTech company offering a platform for landlords and tenants, closed on a series B round of funding worth $9 million led by Fifth Wall, according to an announcement shared exclusively with Inman. Continue reading
Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers. Continue reading
Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt. Continue reading
The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering. Continue reading
The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender’s board of directors. Continue reading
The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners. Continue reading
“TechCrunch” reported that the start of 2023 has been more active than many anticipated, stating that $8 billion in new capital commitments were made in the last week of January. Continue reading
Private placement with existing investors including CEO Brian Bair extends the company’s cash burn runway by six months to a year, KBW analysts say. Continue reading