Bernie Madoff, ponzi schemer and real estate collector, has died
Madoff stole billions from investors and used some of the money to buy penthouses and mansions on multiple continents. Here's a look at his one-time real estate portfolio
by Jim Dalrymple II Apr 14
Compass stock closes at $20.15 per share on first day on the market
The brokerage saw its stock pop as high as $22 before closing at $20.15, an 11.9% jump from the public offering price
by Marian McPherson Apr 1
Compass cuts IPO price range to $18-$19 per share from $23-$26
In advance of tomorrow's long-awaited IPO, the brokerage also slashed the number of shares it expects to sell to 25 million from its initial goal of 36 million
by Marian McPherson Mar 31
Is Wall Street taking over real estate?
Opinion
Of the 10 largest real estate firms, eight are now publicly traded. These companies represent 575,000 agents, almost 45% of all Realtors
by Brad Inman Mar 9
Realogy upsizes capital raise due to high level of interest
The company was seeking to raise $400M but will instead raise $600M due to high demand and the rate the company secured
by Patrick Kearns Jan 7
Home improvement marketplace Porch makes stock market debut
Porch has evolved into an enterprise software company as well as a consumer-facing marketplace. The firm is the latest to use a merger with a blank check company to go public
by Jim Dalrymple II Dec 24
Opendoor makes public debut today
Following the official merger with Social Capital Hedosophia Holdings Corp. II, the well-funded iBuyer begins publicly trading as OPEN on the Nasdaq exchange Monday
by Patrick Kearns Dec 21
Airbnb valuation soars after wildly successful debut as public company
The travel company's share price shot up to more than $168 at one point after an initial price of $68 per share on Thursday, the company's first day on the Nasdaq
by Jim Dalrymple II Dec 10
Airbnb may actually be undervalued ahead of IPO: Study
A new analysis by consumer analytics company ValueChampion found that the pandemic has actually helped Airbnb achieve greater dominance over the travel booking industry
by Jim Dalrymple II Dec 2
Airbnb files for IPO, reveals soaring losses in early 2020
The short-term rental platform lost nearly $1 billion during the first half of 2020. But a rebound in travel actually allowed it to turn a profit in the third quarter
by Jim Dalrymple II Nov 16
The Airbnb IPO could move forward this week. So what's next?
The company's public debut represents a bet that the real estate and travel industries will keep colliding
by Jim Dalrymple II Nov 10
Redfin reports strong earnings, surging demand for housing
The online brokerage raked in $237M in revenue during the third quarter of this year, beating analyst expectations
by Jim Dalrymple II Nov 5
What to watch for as Airbnb gets ready for an IPO
New rumors suggest the short-term rental giant may file papers to go public as soon as this month. The rumors come as Airbnb's business gradually recovers from a pandemic-related downturn
by Jim Dalrymple II Aug 18
Is Zillow the next Amazon?
As the real estate technology company's market cap approaches $18B, analysts ponder what role Zillow will play in the world of technology giants
by Jim Dalrymple II Aug 11
Pre-pandemic inventory lifts Zillow's iBuyer as company rides 'tailwinds'
The online real estate giant brought in $768 million during the second quarter of 2020 while setting a new traffic record with 2.5 billion visits to its website
by Jim Dalrymple II Aug 6