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iBuyer's net loss was $287M as CEO acknowledged pandemic's toll. In its first earnings as a public company, Opendoor reported a 45 percent drop in revenue attributed to its pause in home-buying in the early months of the pandemic. The iBuyer generated $2.6 billion in revenue last year, compared to $4.7 billion in 2019
Data giant will also pay $52M break-up fee for failed RentPath deal. CoStar's fight for CoreLogic has ended in defeat. ... “With interest rates moving up, now is not the time for us to aggressively buy into the residential mortgage market,” CoStar CEO Andy Florance said in a statement.
Some companies may eschew a headquarters entirely. Cryptocurrency trading platform Coinbase declared as part of its recent initial public offering filing with the Securities and Exchange Commission that its workforce is entirely remote,...
New York, NY (March 8, 2021) — Following the launch of CREtech Climate, a platform devoted to educating and inspiring investment in climate tech, sustainability and ESG throughout the Built World, CREtech announced the formation of a prestigious
The power of deal management software doesn’t come merely from the efficiency gains of automated reporting and easier task tracking. Real power comes from giving you the resources, intelligence, and responsiveness to move faster than your competition and work smarter in deal sourcing, screening, and underwriting.
SAN FRANCISCO, March 4, 2021 /PRNewswire/ -- VergeSense, creator of the Workplace Analytics Platform that uses intelligent sensors and AI ...
New York–based real estate company Fisher Brothers didn’t expect to spin off a hospitality brand two years ago. At the time, the firm was vet...
“Everyone’s raising a zillion SPACs,” a Manhattan billionaire tells me, referring to special purpose acquisition companies, the latest craze on Wall Street. He doesn’t want to be seen biting the hand that feeds him (and many others), and so he asks for—and receives—anonymity. “Every day there’s a SPAC merger,” he continues, amazed. “Ther...
The pandemic catalyzed a new wave in demand for health and safety norms in multifamily housing. Renters are increasingly concerned that buildings are able to reduce the risk of airborne illnesses. Contractors are guiding the process by working with developers and other multifamily stakeholders and finding innovative ways to boost the healt...
It's that time of year again! The sun is getting a bit higher in the sky. Multifamily leasing season is around the corner. And we at D2 Demand Solutions are once again proud to announce the release of our annual 20 for '20 report, which is now in its third edition. For those unfamiliar with the paper, 20 for '20...