Will Compass, the real estate industry’s tech darling, fly or crash this week? This is the big question this week in real estate news.
Compass is planning to get into the mortgage business
May 17, 2021 by
Digital real estate brokerage Compass is looking at ways of getting into title, escrow and mortgage services as part of its efforts to generate more revenue. Compass raised a massive $450 million when it went public last month, but the company remains unprofitable and is now looking to generate extra income in order to please
Compass raises $450M in its IPO, with its stock closing the day up 12%
April 5, 2021 by
The technology-powered real estate brokerage Compass launched its initial public offering Thursday closing its first day of trading at $20.15 per share, around 12% higher than its IPO price. Compass priced its stock at $18 per share, at the low end of its target range of $18 and $19. That range itself had been revised
