Real Estate Blog
Scottsdale firm HomeLight acquires Denver fintech lender, raises another $115M
The Valley company continues to arm its war chest for more acquisitions after first achieving unicorn status in 2021 with a valuation over $1 billion. Here's what the two CEOs of the companies involved in the deal said about how it could
Ranking puts Kansas City as No. 4 best city for first-time homebuyers
Despite a housing market frenzy that took hold during the pandemic, Kansas CIty is still one of the best areas for first-time homebuyers, according to one ranking.
Denver fintech lender will expand nationwide services after being acquired
Arizona-based real estate property technology company HomeLight has entered into an agreement to acquire Accept.inc, a Denver-based fintech lender that gives homebuyers a way to submit all-cash offers on a home.
With this all-stock transaction, HomeLight will become the largest agent-focused cash offer program in the country, with $3 billion in referred transaction volume during the first quarter of 2022 alone, said Drew Uher, founder and CEO of HomeLight.
The deal is expected to close by the end…
Hines, TriCap pay Ethan Conrad $8.3 million for future apartment site in Natomas
Empty land in North Natomas with a long history of come-and-gone development concepts appears to be that much closer to a project coming to fruition.
Investors are buying fewer homes than pandemic peak, but their share continues to grow amid changing housing market
Rising mortgage rates are moving the housing market in a new direction since the onset of the Covid-19 pandemic-induced boom.
Wellington polo fields sell for $52M
This was the second part of a major equestrian sale in Wellington.
City moves ahead with selling — not leasing — Shipyards office parcel to Khan
The office building will have to be at least 150,000 square feet with ground floor retail space.
Cathedral Place property in St. Augustine proposed for redevelopment
Local hotelier Kanti Patel will take plans to city board for preliminary review of a project that would change look of downtown St. Augustine.
Firm of Canadian CEO sells Palm Beach mansion for $21M (Photos)
The home last sold in 2021.
San Diego investor pays $52M for Kent apartment complex
The purchase brings the company’s total number of units in the South Sound to 1,019 across eight properties.