Getty Better Mortgage, an online lending startup, has closed a Series D round that values the company at roughly $4 billion, according to a source familiar with the matter. The $200 million round was led by L Catterton—a private equity firm based in Greenwich, Connecticut—according to Bloomberg, which first reported the news. Ally Financial ALLY ,
Real Estate
The Mercedes-Bemz Superdome after if was recently renovated. Photo courtesy of Trahan Architects/ASM Global This recent flooding in New Orleans reminds us that all buildings need to be built to higher, with more resilient standards. Famously the Mercedes-Benz Superdome was badly damaged during Hurricane Katrina on August 29, 2005 although it had to shelter about 16,000 residents whose homes
Matt Weirich is CEO and Co-founder of Realync, the leading video leasing and engagement platform for the entire resident lifecycle. getty By now, you know the story all too well. 2020 brought many changes. Brick-and-mortar businesses around the world were forced to close their doors. Companies of all shapes and sizes were forced to embrace new
The Bom Jesus do Monte Sanctuary and flowered gardens in Braga. getty Even if the fate of Donald Trump isn’t driving your decision, you may be considering a life abroad or dreaming of making a move across the ocean to Europe. Based on various criteria including the presence of an international school, quality of life,
Bobby Walker and Nataka Crayton-Walker, of the Urban Farming Institute, visit the Fowler Clark … [+] Epstein Farm in Boston. The farmhouse was once part of a 330-acre estate. Ian MacLellan The National Trust for Historic Preservation recently announced winners of the 2020 Richard H. Driehaus Foundation National Preservation Awards, which recognize excellence in historic
Mortgage interest rates took another dive this week. getty As we end the first week of November, mortgage interest rates have once again fallen to a new record low. According to Freddie Mac, rates for a 30-year, fixed-rate mortgage closed out the week at 2.78% which is down from 2.81% the week before. This is
AVP Leasing, Simone Development Companies. getty In the wake of the Covid-19 pandemic, a swirling vortex of information and theories of the long-term effects on commercial real estate spread far and wide. Many experts are reporting their predictions for the new normal. National commercial brokerage teams are scrambling to adjust by assembling top talent to sponsor
Priscilla Chan and her husband, Mark Zuckerberg, pictured in 2020. Ian Tuttle/Getty Images for Breakthrough Prize Proposition 15, a ballot initiative to raise taxes on commercial properties in California, has failed to secure a majority of votes in the state as of Friday, November 6, and appears unlikely to be written into law. As of
The Growing Popularity Of “Zoom Towns” getty As remote working has boomed during COVID-19, the rise in the number of people working from home has prompted many to reconsider where they wish to live. It’s causing what new research from the University of Utah refers to as “Zoom Towns”, which are places that have experienced a
Private outdoor space, like this setting at Brooklyn’s 175 Spencer, is among the must-have amenities … [+] for many of today’s multifamily renters and owners. MNS Even as the mercury slowly ebbs around the much of the country, one big multifamily selling point of summer 2020 continues to carry appeal. The new must-have amenity for
Elon Musk finds another buyer for one of his Los Angeles properties AFP via Getty Images Elon Musk has had another notch of success in his goal of unloading all his Los Angeles properties, which he first offered for sale in a tantalizing series of tweets declaring that he was going to sell almost everything
Elik Jaeger President & CEO at SuiteSpot Technology, frictionless facilities management PropTech for multifamily operators. getty The multifamily housing business is a great business to be in. Every day we have the opportunity to provide a wide variety of people with what most believe is among the most fundamental of human needs. From a business perspective,
Villa Machiavelli in Tuscany, created at the behest of Cardinal Francesco Maria Machiavelli in the … [+] late 15th-century. Courtesy Villa Machiavelli Somewhere among Tuscany’s rolling hills, speckled with vineyards stretching beyond the horizon, nestles a piece of history. A prominent pink structure, said to be designed by the great Michelangelo himself, Villa Machiavelli was
Silestone used here as the countertop. Photo courtesy of Silestone. The use of quartz surfacing has grown over the last several years. It is becoming increasingly popular because of its durability, unlimited color options, consistency of the slabs, nonporous nature and ease of maintenance. I had an opportunity to interview Edwardo Cosentino, the son of
Founder, CEO of Blue Lake Capital LLC. Helps passive investors grow wealth through real estate. Podcast Host: Ready2Scale. Mentor. getty The pandemic has changed the way we live our lives today, from wearing a mask when venturing to public places to washing our hands to distance learning for students from grade school through college. Not surprisingly,
Reduced daylight hours lead many to start experiencing seasonal affective disorder with the November … [+] time change. getty If you’re one of the estimated 10 million Americans who suffers from seasonal affective disorder, (also known, appropriately, as SAD), your symptoms might have kicked in hard this past weekend with the time change. For many
getty New home building is riding a torrid—counter-pandemic, safe-haven-fueled—sales pace. This attests to the way many firms in this trillion-dollar sector have blasted into the millennium’s technological present, and they’d like to believe that present has nothing but running room ahead. Note, though, the millennium dawned two decades ago. Builders would mostly admit they’ve got
Fiona Petrie is the EVP and Managing Director of RE/MAX INTEGRA U.S., the U.S. branch of the world’s largest real estate sub-franchisor. getty What sets a “top” real estate brokerage apart from the rest? Generally, it is quite subjective and often based on a broker’s personal vision for their company’s success. In my experience, however, a
Every real estate contract which gets signed is an emotional and financial investment in the future. … [+] A new home, a new family, a new marriage, a new life, a new start. getty They’re back! According to a recent Bloomberg News article, analysis of cell phone records indicates that more people moved TO New
“Escapology: Modern Cabins, Cottages and Retreats,” by interior design duo Colin McAllister and Justin Ryan features a photographed collection of retreats to inspire peaceful and quiet living. The Backcountry Hut Company for “Escapology” From a massive mountain lodge overlooking a tranquil lake to a contemporary treehouse nestled deep within a Nordic forest, some of us