Layoffs come a week after the shutdown of RealSure, Home Partners’ iBuyer joint venture with real estate franchising giant Anywhere, and include Pathlight Property Management. …
Posts published in “Blackstone”
The private equity firm acquired Preferred Apartment Communities in an all-cash transaction for $25 per share, valued at $5.8 billion. Source: Inman News
Zillow’s ill-fated iBuying venture drew detractors online before the program collapsed. But as the company races to unload 18,000 home, were they right about where…
The idea that the city is for condos and the suburbs are for homes is not reflective of a market in which suburban condo sales…
The funding is split between $136 million in equity and $235 million in debt and will go toward expanding the company’s scale. Source: Inman News
Stephen Schwarzman shares lessons he learned from the recession and being the one-time largest owner of single-family real estate in the country. Source: Inman News
Several large firms have invested more than $3B in nonperforming Chinese commercial loans, according to a Wall Street Journal report. Source: Inman News
The amount of capital raised by real estate private equity funds shrunk from $35 billion in the fourth quarter of 2018 to $18 billion in…
The decision comes amid a time of historically low interest rates and declining home sales. Source: Inman News