New York
Blueground raises $140M in Series C equity, valuing startup at $750 million
Blueground, the rental startup forced during the pandemic to scale back expansion plans, raised $140 million in Series C...
National
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Taconic Capital Advisors filed a $400 million suit against Wells Fargo alleging the financial giant failed to protect its...
National Issue
Cash to burn: How brokerages are spending capital in a record year
Big U.S. real estate brokerages, awash in cash amid a housing rebound that shows few signs of slackening, are...
National
Compass acquires Dallas-based title, escrow company
Compass, its coffers swollen by the housing boom, shows few signs of slowing its shopping spree. The brokerage said...
National Issue
With a $2.5B valuation, Side prepares to take on NYC. Will agents buy in?
Side has had an explosive year. In March, the white-label brokerage’s $150 million Series D propelled its valuation above...
National
CREXi lays groundwork for public offering with CFO hire
Commercial real estate data startup CREXi is eyeing a future public offering as it staffs up while continuing to...
Berkshire’s HomeServices acquires its Hudson Valley franchise
Berkshire Hathaway’s HomeServices brokerage acquired a franchise in the booming Hudson Valley as its northeast division seeks to lift...
National
VTS CTO Niall Smart and COO Patrick Kehoe resign
Two members of VTS’ C-suite bid the company farewell this week. Niall Smart, chief technology officer at the New...
National
Compass revenue almost triples, but company lost $7M
UPDATED Monday August 9, 2021, 8:01 p.m.: Compass’ losses are narrowing as revenue surges, while top executives are focused...
National
Zillow rides strong housing market to $9.6M profit in Q2
Zillow didn’t set any profit records in the second quarter, but it did deliver all-time-high revenues in results consistent with...