Tech

Masayoshi Son

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...

Small Talk: Our foolproof plan to get SoftBank’s investments back on track
Residential agents are uniquely positioned to assist buyers who are in the in-between phase (Credit: iStock)

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...

Why Compass, @properties and tech startups are diving into bridge loans
Eden CEO Joe Du Bey (Credit: iStock)

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,...

Proptech startup Eden completes $25M Series B
Attorney General Letitia James (Credit: Getty Images)

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...

New York AG is investigating WeWork: report
Close to 100 employees were given notice on Monday morning (Credit: iStock)

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...

Ten-X Commercial lays off nearly half its workforce
Softbank's Masayoshi Son and Jared Kushner (Credit: Getty Images)

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 wanted Jared Kushner to divest from Cadre
Softbank CEO Masayoshi Son (Credit: Getty Images)

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...

SoftBank’s $3B payout to WeWork’s investors is delayed
WeWork co-CEOs Artie Minson and Sebastian Gunningham

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 under pressure as losses soar to $1.25B
Daily Digest Thursday

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...

WeWork losses soar, SoftBank asked Jared Kushner to divest from Cadre
Douglas Elliman's Scott Durkin (Credit: Getty Images, iStock)

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...

Elliman foots bill for agents’ new business tool
John Legere (Credit: Getty Images)

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 reportedly in talks to hire T-Mobile exec as CEO
Softbank CEO Masayoshi Son and former WeWork CEO Adam Neumann (Credit: Getty Images, iStock)

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...

WeWork execs face first lawsuit over botched IPO
Reonomy CEO Rich Sarkis (Credit: Reonomy, iStock)

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...

Real estate data firm Reonomy hauls in $60M
Tore Steen, CEO of CrowdStreet (Credit: iStock)

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...

CrowdStreet lands $12M in financing, hires execs
Moody’s Analytics' Keith Berry and Empirical CRE Doug Curry (Credit: LinkedIn, iStock)

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...

Moody’s dumps stake in Doug Curry’s data firm
From left: Oren Zeev, Managing Director of Zeev Ventures; Drew Uher, CEO and founder of HomeLight

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...

Lead-gen startup HomeLight lands $109M in new funding round
Compass CEO Robert Reffkin, CTO Joseph Sirosh, and Jaideep Ganguly (Credit: GitHub, iStock)

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...

Compass to open tech hub in India
Katerra CEO Michael Marks in Taipei in June

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...

After WeWork’s spectacular fall, it’s crunch time for Katerra
Warburg’s Clelia Peters (Credit: Getty Images, iStock)

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...

Warburg’s Clelia Peters joins board of VC-backed brokerage
Magnum Real Estate Group's Ben Shaoul (Credit: Getty Images and iStock)

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...

Ben Shaoul uses Bitcoin to sell retail condo for $15M
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