SPAC


The Latest

Howard Lorber and Steve Witkoff (Getty, iStock)
National

Lorber, Witkoff launch $250M SPAC

Frequent business partners Howard Lorber and Steve Witkoff have a new project, but it’s not a condo or hotel. It’s a SPAC. The developers’ Ocean Drive Acquisition Corp. is looking to raise $250 million...

Lorber, Witkoff launch $250M SPAC
States Title CEO Max Simkoff and investor Mark Ein. (Keystone Strategy, Getty)
National

States Title, now Doma, going public in $3B SPAC deal

Title insurance startup States Title is going public in a $3 billion deal with a blank-check firm, the latest...

States Title, now Doma, going public in $3B SPAC deal
From left: Howard Lorber, Spencer Rascoff, Rob Speyer, and Steve Witkoff (Getty, Twitter)
National

The definitive real estate SPAC tracker

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition...

The definitive real estate SPAC tracker
Spencer Rascoff (Photo via Getty, Spencer Rascoff, iStock)
National

Spencer Rascoff goes for SPAC trifecta

Zillow co-founder Spencer Rascoff is raising a third blank-check company, according to regulatory filings. The 45-year-old’s Supernova Partners Acquisition Company III is seeking $250 million to invest in the tech sector, the filing said....

Spencer Rascoff goes for SPAC trifecta
Cousins Brian and Ben Friedman teamed up with a San Francisco Giants minority owner.  (Getty, Friedman Capital)
National

Two SPACs seek $425M for proptech deals

 Another day, another SPAC. The latest is from Scott Seligman, a real estate investor and minority owner of the San Francisco Giants, who is teaming up with cousins Brian and Ben Friedman to raise...

Two SPACs seek $425M for proptech deals
WeWork CEO Sandeep Mathrani (WeWork; iStock)
National

WeWork in talks to go public via SPAC

Now We’ve seen everything. WeWork is in talks to combine with a special-purpose acquisition company to go public, according to the Wall Street Journal. The co-working giant attempted an initial public offering in late...

WeWork in talks to go public via SPAC
Tishman Speyer CEO Rob Speyer (Getty)
National

Tishman Speyer seeks $250M for second blank-check firm

With the ink barely dry on a deal to take smart-lock maker Latch public, Tishman Speyer has launched a...

Tishman Speyer seeks $250M for second blank-check firm
Fifth Wall's Brendan Wallace (right) and Andriy Mykhaylovskyy (Fifth Wall; iStock)
National

Fifth Wall targets $250M for blank-check firm

Fifth Wall is officially in the SPAC market and looking to raise $250 million for a new blank-check company....

Fifth Wall targets $250M for blank-check firm
Fifth Wall’s Brendan Wallace and Brad Greiwe (Fifth Wall, iStock)
National

Fifth Wall to launch proptech SPAC

Fifth Wall, a prolific proptech investor that has backed VTS, States Title and Industrious, is joining the SPAC craze. The Los Angeles-based firm, which is already the best-funded proptech VC outfit, is raising money...

Fifth Wall to launch proptech SPAC
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