Shares in Zillow jumped more than 8% last week after the company reported third quarter earnings that blew past analysts estimates and offered better than expected fourth quarter guidance. More Americans are moving home due to record low mortgage rates and the pandemic-related trend towards remote work, and that has spurred an increase in sales […]
Baltimore real estate firm hands employees $10M bonus
December 13, 2019 by
A Baltimore-based commercial real estate firm has brought many of its employees to tears after handing them a huge $10 million Christmas bonus after they helped it to achieve its goal of developing 20 million square feet of office, retail and warehouse space in eight states. St. John Properties said the $10 million would be […]
Why Real Estate Prices Are Not Suffering From Inflation According to Joseph Pinagro
November 5, 2019 by
A strong economy can tolerate inflation because wages increase to match the cost of goods, but a weak economy does not tolerate inflation well. When income remains stagnant, yet cost increases, most people end up waiting to make that next big purchase in the hope that prices will go down. Prices subsequently drop because demand […]
Casavo Raises €50m to Fuel Expansion Across Europe
October 17, 2019 by
Italian buy/sell startup Casavo has raised €50 million in Series-B funding led by Greenoaks Capital. The funds will go to expand the company’s reach.
PropTech1 Venture Firm Expands Adding London Office in the UK
October 16, 2019 by
The Berlin-based VC firm PropTech1 has now set up shop in London. The venture firm focused solely on real estate aims to partner with UK PropTech startups.
Fool-Proofing Your Real Estate Investment: 8 Common Mistakes to Avoid
October 1, 2019 by
An industry expert discussed 8 common real estate investment mistakes real estate investors make and how due diligence can mitigate loss.
Munich PropTech Startup Building Radar Raises €5M in Series A Funding
October 1, 2019 by
German proptech startup Building Radar has raised €5 million in Series A to expand on market intelligence for the contruction industry.
Beyond Pricing Raises $42.5M in Series A Funding
September 30, 2019 by
PropTech startup Beyond Pricing has just announced having raised $45 million in Series A funding from Bessemer Venture Partners.
Ideal Flatmate Seeks £1.3 Million in Seedrs Funding
September 25, 2019 by
The UK-based startup Ideal Flatmate is out to raise £1.3 million in funding through its new equity crowdfunding campaign on Seedrs.
Consorto European PropTech Startup Raises €500k Seed Round
September 15, 2019 by
In news from the European PropTech scene, Amsterdam and Tallinn-based startup Consorto has just raised a seed round of investment in the amount of €500 thousand euro. The pan-European commercial B2B online marketplace aims to connect industry investors to commercial real estate investment opportunities. Founded back in 2018, Consorto features commercial real estate listings from office, industrial, retail, […]
