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Real Estate Technology
With IPO ahead, Compass lures agents
with stock options
October 16, 2018 08:30PM
Alexei Barrionuevo and E.B. Solomont
After raising $400 million last month in its latest funding round, Compass appears heading toward an IPO within 24 months. And now, it’s offering...
CoStar acquires largest online CRE marketplace in UK
October 12, 2018 01:45PM
CoStar Group is expanding its European footprint with its acquisition of a UK-based commercial real estate online marketplace. The publicly-traded commercial real estate data...
Talks: Could a SoftBank takeover of WeWork create a $100B incubator?
October 11, 2018 10:20AM
On Tuesday, the Wall Street Journal reported that Masa Son’s SoftBank was in discussions to take a majority stake in WeWork. The Real Deal‘s...
Why hardwiring buildings for specific tech can backfire
October 11, 2018 07:30AM
It seemed like a good idea at the time. In 2012, when the Rabsky Group developed 225 North 9th Street, a luxury rental in...
CompStak launches new analytics platform
October 08, 2018 09:00AM
CompStak has launched a new analytics platform that allows users to compare its crowdsourced leasing and property information in real time. The platform, dubbed...
CoStar Group files 7 federal lawsuits against alleged freeloaders
October 04, 2018 04:34PM
Commercial real estate data giant CoStar Group has launched another legal campaign against individuals and real estate firms it says stole its content by...
Want to invest in this luxury EV condo project? You can pay in crypto.
October 03, 2018 02:30PM
David M. Levitt
The Amirian Group is seeking investors for its boutique luxury condominium project in the East Village, but this is no traditional equity play. The...
Will lead generation kill the star broker?
October 03, 2018 11:17AM
Katherine Clarke and E.B. Solomont
When Elena Smirnova jumped from Citi Habitats to upstart brokerage LG Fairmont in 2014, the firm started sending her leads it was buying from...
This startup just raised $9M to bring AI into real estate investment
October 01, 2018 11:32AM
Real estate data platform Cherre has raised $9 million in a seed round, the company announced Monday. The New York-based firm, which launched in...
The number of buyers who find an agent online is still only 9 percent
September 29, 2018 10:00AM
The internet may be changing the real estate industry, but the amount of people who find an agent online has been stagnant for a...
Crypto firms are taking space in skyscrapers that banks can’t afford
September 28, 2018 12:15PM
Cryptocurrency companies are leasing space in some of Hong Kong’s most prestigious buildings with some of the priciest rents that even banks are avoiding....
Next stop IPO? After $400M raise, Compass eyes hypergrowth
September 28, 2018 07:00AM
A war chest of $1.2 billion gets you one step closer to that opening bell. Following the news of Compass’ $400 million funding round...
Keller Williams wades into iBuyer pool
September 27, 2018 05:00PM
Keller Williams is the latest brokerage to jump into the iBuyer game. The company has been testing such a program, which allows homeowners to...
Compass raises $400M from SoftBank, QIA; brokerage now valued at $4.4B
September 27, 2018 08:02AM
Compass is officially a $4.4 billion brokerage. The New York-based firm said Thursday it closed another mega-round, raising a $400 million Series F led...
SoftBank invests $400M in iBuying
September 27, 2018 07:10AM
Startup Opendoor has just joined the long list of real estate tech startups with backing from SoftBank. The Japanese conglomerate’s Vision Fund just invested...
At long last, NYC is getting a regional MLS
September 26, 2018 01:15PM
The multiple listing services of Long Island and Hudson Gateway have merged to encompass roughly 40,000 real estate professionals in the New York City...
This broker wants to build the Zillow for
September 25, 2018 11:45AM
Think of a developer trying to raise financing for a project, and you might conjure up an image of an army of debt brokers...
Zillow warns about swindlers targeting Premier Agent clients
September 25, 2018 09:45AM
Scammers posing as Zillow are targeting real estate brokers by attempting to receive money in exchange for fake leads, the listings giant said Friday....
Multiple Listing Services band together to share data, resources
September 24, 2018 12:45PM
A group of five multiple listing services from across the country has teamed up to pool their resources. MLSs from California, Arizona, Wisconsin, Oregon...
Software company sues Elliman over “Douglas” online platform
September 20, 2018 11:45AM
Four months after Douglas Elliman launched its new online agent platform, a Chicago-based software company is suing the brokerage for allegedly ripping off its...
WeWork “cannibalized” office industry: Moskovits
Judge clears the way for Forest City vote on Brookfield deal
Boston Properties looking to raise $1B for green projects
Bronx investor nearly doubles size of
Morris Heights resi project
Bruce Eichner buys $20M condo at his Madison Square Park Tower
November 2018 issue
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