National April 2021 Issue


Why software is eating the home

Less than a decade ago, startups valued at $1 billion or more were so rare — so mythical even — that the tech world took to calling them unicorns. In 2013, there were just 39 such magical creatures, a number that has since surged to more than 600. Residential real estate, a longtime tech desert, had but a couple over the years. But in the last eight months, four proptech… [more]

This is your home on tech

This is your home on tech

Listings With the M&A market for listings services heating up, eyeballs are worth a lot more than they used to be. CoStar bought national search portal Homesnap for $250 million in November, pitting the...

This is your home on tech
Rich man, poor man

Rich man, poor man

The lights were dimmed. Soft music played in the background as Dan Levy, clad in paisley pajamas, parted his lips and tossed his head. “I need a new fantasy,” he moaned. “Are you in...

Rich man, poor man
Glenn Sanford

The Closing: Glenn Sanford

Glenn Sanford built a multibillion-dollar residential brokerage in his own, untethered image. Sanford, a former top producer at Keller Williams, founded eXp Realty in 2009 with the ambition to build the first fully virtual...

The Closing: Glenn Sanford
Miami’s mayor a magnet for Big Tech money

Miami’s mayor a magnet for Big Tech money

Miami Mayor Francis Suarez’s call to make Miami the new Silicon Valley has Big Tech and real estate pouring cash into his coffers. Newly minted venture capital billionaire Chamath Palihapitiya, crypto investors Tyler and...

Miami’s mayor a magnet for Big Tech money
Inside the quest to change single-family zoning

Inside the quest to change single-family zoning

The white colonial at 2 Orchard Road is sorely in need of an update. Its orange and yellow floral...

Inside the quest to change single-family zoning
Distress investing is dead. Long live distress investing

Distress investing is dead. Long live distress investing

When Howard Marks’ Oaktree Capital set out to raise billions of dollars targeting troubled debt last spring, loan defaults...

Distress investing is dead. Long live distress investing
Compass CEO Robert Reffkin and agent Ronita Kalra (Photos via Twitter, iStock)

For Compass agents who invested, IPO is watershed moment

For Compass agents invested in the firm’s success, nothing can rain on their parade. Last week, Compass’s initial public...

For Compass agents who invested, IPO is watershed moment
Clockwise: Ori Allon, Robert Citrone, Robert Reffkin and Masayoshi Son (Getty/Illustration by Kevin Rebong for The Real Deal)

Here’s who made bank in Compass’ IPO

UPDATED, April 7, 2021, 6:05 p.m.: Compass’ initial public offering last week made its founders and top executives millions — or billions in the case of its largest investor, SoftBank Group, at least on...

Here’s who made bank in Compass’ IPO
A rendering of Palari’s 3D-printed community in Rancho Mirage, California

These startups are radically reimagining cities

Imagine a world in which much-needed multifamily housing could be built in less time — and for less money....

These startups are radically reimagining cities
REIT Privatization Activity Heats Up

To REIT or not to REIT

Alex Sapir, whose family famously sold 11 Madison Avenue in New York for a record $2.6 billion, recently went shopping for real estate. But instead of buying a trophy asset or two, he decided...

To REIT or not to REIT
Retail landlords still suing over skipped rent

Retail landlords still suing over skipped rent

While businesses have been suing their insurers, commercial landlords have also been filing claims against tenants that have skipped...

Retail landlords still suing over skipped rent
Editor’s note: Survival of the retro-fittest

Editor’s note: Survival of the retro-fittest

It’s a golden age for golden ages. We are sitting at home during the so-called golden age of TV,...

Editor’s note: Survival of the retro-fittest

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