Small Talk: Our foolproof plan to get SoftBank’s investments back on track
SoftBank Group CEO Masayoshi Son has recently admitted that he made several big mistakes when investing in U.S. tech...
Tech
Why Compass, @properties and tech startups are diving into bridge loans
Once the gatekeepers to sales listings, real estate agents are increasingly in front of another key aspect of the...
Proptech startup Eden completes $25M Series B
Eden, a proptech startup that helps landlords manage parts of the workplace like scheduling cleaning services and ordering snacks,...
New York AG is investigating WeWork: report
The New York State Attorney General’s office has launched an investigation into WeWork, Reuters reported. The embattled office-space company, which is soon set to lay off thousands of workers, confirmed to the news outlet...
Ten-X Commercial lays off nearly half its workforce
Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company...
SoftBank wanted Jared Kushner to divest from Cadre
Talks for SoftBank to fund crowdfunding startup Cadre ended when Jared Kushner declined to divest his ownership stake in...
SoftBank’s $3B payout to WeWork’s investors is delayed
After everything that’s happened at WeWork, shareholders now have a new worry. SoftBank is delaying a $3 billion tender...
WeWork under pressure as losses soar to $1.25B
WeWork lost $1.25 billion in the third quarter — up from $497 million in the same time period last...
WeWork losses soar, SoftBank asked Jared Kushner to divest from Cadre
Every weekday The Real Deal rounds up New York’s biggest real estate news. We update this page throughout the...
Elliman foots bill for agents’ new business tool
Douglas Elliman is hoping it’s found a divine trinity in a new tool that combines marketing, business management and...
WeWork reportedly in talks to hire T-Mobile exec as CEO
After the dramatic ouster of former CEO Adam Neumann, WeWork may have found a new leader. The company is...
WeWork execs face first lawsuit over botched IPO
Shareholder litigation against WeWork’s major players has begun. Co-founder Adam Neumann, SoftBank head Masayoshi Son and board members of...
Real estate data firm Reonomy hauls in $60M
New York–based real estate data firm Reonomy has raised another $60 million. The company, which provides information on close to 50 million properties across the U.S., said Thursday that Canadian firm Georgian Partners had...
CrowdStreet lands $12M in financing, hires execs
It’s been a rough stretch for some real estate crowdfunding platforms, but one just scored new financing and three...
Moody’s dumps stake in Doug Curry’s data firm
UPDATED at 2:15 p.m.: Moody’s Analytics has abandoned an investment in a commercial real estate data firm tied to...
Lead-gen startup HomeLight lands $109M in new funding round
HomeLight, which began its life matching sellers and buyers with real estate agents, has much bigger ambitions. And it’s...
Compass to open tech hub in India
Compass has tapped the brakes on new brokerage offices in the U.S. But it’s doubling down on tech talent in India. The SoftBank-backed brokerage announced plans Tuesday to launch a tech campus in Hyderabad...
After WeWork’s spectacular fall, it’s crunch time for Katerra
Katerra CEO Michael Marks strolled onto the Las Vegas stage, his name and title projected onto a giant black...
Warburg’s Clelia Peters joins board of VC-backed brokerage
UPDATED: November 5, 10:30 a.m.: Warburg Realty’s Clelia Peters is branching out further beyond traditional brokerage. Peters, Warburg’s president...
Ben Shaoul uses Bitcoin to sell retail condo for $15M
Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose firm...
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