The We Company, which is the parent company of the co-working platform WeWork, is setting up a new real estate investment fund for commercial projects around the world. Titled Ark, the new investment platform will have a fund of $2.9 billion, $1 billion of which comes from Canadian-based investor unit Ivanhoé Cambridge. The fund will […]
Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data released Thursday by the National Association of Home Builders and Wells Fargo. “Builders are busy catching up after a wet winter, and many characterize sales as solid, driven by improved demand and ongoing low overall supply,” […]
A condo in Washington, D.C. stands out from other listings — if you look close enough, you can spot an apron featuring an enormous penis in one of the kitchen photos. Courtesy of Bright MLS. The provocative detail was first spotted by local blogger Dan Silverman as he was looking at the listing. The two-bedroom, $489,000 […]
At Tuesday’s CMLS Brings It To The Table event, held just before the National Association of Realtors’ midyear conference, real estate leaders sounded the alarm. Source: click here
In this monthly advice column, the Marketing Mastermind answers three burning questions. This month’s topic: all things open house. Source: click here
Living in a fully staged house that must be ready on command for a showing is perhaps the least attractive part of the selling process. If you find your sellers are struggling to cope with living in a home that’s staged and actively being shown, heed these survival tips. Source: click here
Successful real estate agents foster a relationship dynamic in which clients and potential clients start thinking of them like their other service providers, such as their accountants, their dentists and their hair stylists. Source: click here
It’s not just massive college debt and current market conditions keeping millennials out of buying new homes. A new study from home maintenance and renovation platform Porch actually found the top reasons millennials aren’t relocating from current homes – during a period when moving rates are at an all-time low – is simply that they […]
San Francisco has the greatest billionaire density of anywhere on Earth, with one person who has at least a 10-figure net worth for every 11,600 of the rest of us plebs. In total, San Francisco had 75 billionaires in 2018, which landed the city in third place on the Wealth-X Global Billionaire Census, released last week. New […]
Nextdoor, a hyperlocal social network for neighbors and local businesses, has raised an additional $123 million in funding, led by Riverwood Capital. Source: click here
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