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Ten-X snapped up for over $1B by Thomas H. Lee Partners

Private equity firm Thomas H. Lee Partners is set to lay down in excess of $1 billion for a controlling stake in Auction.com operator Ten-X, Inman has learned. Company officials declined to comment on the terms of the deal, which is expected to close in the third quarter. The planned acquisition underscores the growing investor […]

Nationstar’s Xome revenue drops again in the second quarter

Revenue for Nationstar’s Xome — a platform that features a property search site, real estate agent referral network and title, closing, valuation and asset management services — declined to $76 million in the second quarter of 2017, according to the company’s Q2 2017 financial results. Nationstar operated at a net loss of $20 million in […]

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